Jason Kulpa
Building a profitable company from the ground up is challenging, to put it mildly. According to Jason Kulpa and many others, being an entrepreneur can feel like a roller coaster. One minute, everything is going spectacularly, and the next minute you’re faced with an obstacle you didn’t see coming.
To stay successful at your craft, you’ll want to learn how to cope with business growth frustrations because they will happen at some point. In this article, Jason Kulpa shares some motivational insights to help other entrepreneurs overcome the difficulties of accelerating growth.
If your new business has some setbacks or loses some clients, don’t carry that burden as a reflection of yourself or your efforts. It’s hard not to see your company as your baby and an extension of yourself, but ultimately, it isn’t.
Even if it’s a struggle to separate yourself from potential failures, remember that everyone faces defeat, which helps us become more resilient. Without failure, we wouldn’t have opportunities to learn, revise, and improve on previous work. And where would that leave us?
Speaking of opportunities to learn, an excellent way to get something out of the lows in entrepreneurship is to learn from them. When something doesn’t go right, take a step back and determine what went wrong and why. Taking the time to analyze the situation will help you build a stronger, better company in the future.
If you don’t take the time and energy to learn from mistakes or mishaps, you’re much more likely to make them again, which will only continue to hurt your start-up’s growth. Asking yourself a question like, “How can I do better next time?” can mean the difference between an upswing and a dip in sales or new clients.
All entrepreneurs know that a big part of the job is making hundreds of decisions daily. Some of the decisions are quick and simple, while others will significantly impact your business. Keeping your emotions separate from the process is essential regardless of the decision, mainly if your decision-making is directly related to a recent slump.
Sometimes you may feel rushed to decide how to respond to slow or negative growth, but don’t let time become your enemy. It can pay off when you give yourself a chance to set aside your emotions and look at the scenario in front of you rationally and logically.
No one is an island, not even a businessperson who came up with an innovative and unique idea that changes the game. Just as you want those who love and support you to be around during the high points of your business venture, you should also want those people to help you during the low moments.
When things may not be going well, it’s easy to slip into a protective bubble and not let anyone else in as a way to shield yourself from failure. However, a reliable support network of family, friends, mentors, coaches, and anyone else you trust, can help you determine what happened and how to move forward. Let them cheer you on and lift your spirits so you can get back to being remarkable again.
Hopefully, this advice isn’t coming too late, but the business world can be cutthroat, and failures, setbacks, and frustrations come with the territory. So take some time to assess your attributes and ensure that you can handle the inevitable ups and downs of running a company.
For example, if you shy away from problems, don’t care for confrontation, or think everything will just work itself out, entrepreneurship probably isn’t for you. It takes a lot of tenacity and thick skin to be successful, even when times get tough. You’ve also got to prepare yourself for the volatility of running an enterprise and know things can go from one extreme to another very quickly. Keeping all of this in mind will help you develop flexibility you can rely on.
About Jason Kulpa
Jason Kulpa is a serial entrepreneur and the Founder and CEO of UE.co, San Diego’s Fastest Growing Business multi-year award winner, and a Certified Great Place to Work multi-year winner. In addition, Kulpa is a two-time winner of the Most Admired CEO Award of the San Diego Business Journal and a semi-finalist for the Ernst and Young Entrepreneur award. In 2018, under Mr. Kulpa’s leadership, his teams volunteered at over 24 events and worked side by side to improve the San Diego community.
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