Starting a company can be a challenge. In fact most startup companies fail or go bankrupt within the first year or two. I’ve always been fascinated with startups. In fact at one point I even had a blog where I focused specifically on web startups. Since then I’ve gotten interested in how to start a successful business in general. Through all of my research, experience, and talks with successful startup creators, I came down to the same conclusion.
The secret to startup success is hard work. I know it’s obvious yet it’s easier said than done. Web startups are a good example. Many entrepreneurs who start a successful web startup often work 16 hour days for the first year or two. Of course when their startup takes off it easily turns into the next google, youtube, or facebook and is worth millions if not billions. At that point if the entrepreneur wants to retire for the rest of their life and live on an island somewhere they can afford it. Of course many do take time off but they ofter go on to starting their next company. Why? Because vacationing is only fun for a month, two or six after that it gets boring.
So how can you work hard on growing your business? Remember you wont have to work hard for the rest of your life, but you need to work hard to get your startup company off the ground.