023-How to Build Business Success Without Sacrificing the Rest of Your Life

Today I want to talk about something where most entrepreneurs and business owners really really have a hard time and where also society is telling us a couple of really weird norms where and how we should approach certain things of our business or certain things of our life.

So let's be honest, when I started as an entrepreneur, I was 19 years old.

So I was very, very young and I literally did not think about how do I work when I'm 40? How do I work when I'm 60? How does my retirement look? How do I want to spend my life? One thing was clear for me.

I wanted to have the financial freedom.

I wanted to have the entrepreneurial success, but I also wanted to have a life.

And here it immediately started to get pretty tricky for myself.

Why? Because I tapped into an area that's very, very related to founder psychology or entrepreneurial mindset.

So what does this mean? I started to watch other entrepreneurs and I started to take a look how other entrepreneurs did it.

And most success stories I saw or most successful people I talked to They told me more or less the same, which is, okay, you need to sacrifice.

You need to hustle.

You need to grind.

You need to fully focus on business.

Financial things are the only things that matters until you really figured it out.

And on and on and on and on and on.

Which is true when it comes to business and when it comes to building a successful business.

But What I also saw is very few entrepreneurs really make it.

So when you take a look on how many entrepreneurs become successful as a business owner, it's horrible.

Because literally 97% of all businesses fail within the first 10 years.

So now here's the question.

What's the picture or what's the situation? How does this look like? I hustle and grind my ass off for 10 years to fail, to not get the financial success, to not get the business success, to not have a life 10 years because I sacrifice everything else over 10 years.

And what's then? Probably just three years, probably 10 years, probably seven years.

Okay, so that was already one thing where I said, oh, okay, that's just a stupid concept.

That's just something which doesn't make any sense when you think about it logically.

Okay, but now comes the really interesting thing.

Let's talk about the few businesses that make it, that make it long-term and become successful long-term.