How to be a Successful Entrepreneur

There are essentially 5 mountains that one needs to climb on an entrepreneurial journey. Travelling on this path is hugely fulfilling and transformational, but there are mountains to climb which are pretty steep.

Mountain 1 is what I call the Mountain of Purpose on which you figure out the purpose of your life, your passion and pick up an idea to pursue. If your business is not connected to who you are as a human being, you will never have the energy to climb all those steep mountains to sustainable success.

Once you have identified something that you are passionate about, its time to climb Mountain 2 which is what I call the Mountain of Value. Business is really about marrying your purpose, your passion to what's missing in the world. This is where Business Modeling starts and you figure out your Value Proposition. Its an iterative process and you experiment your way forward.

Once you have data that proves that you have identified your Value Proposition that people are willing to pay money for, you are ready to scale Mountain 3 which is the Mountain of Growth. It is here where you discover through iterative experiments your repeatable, scalable, profitable business model. Once you find that, you prototype it and automate it.

Then you are ready for Mountain 4 or the Mountain of Scale, where you press the accelerator to scale the business by multiplying the automated prototype of your business model.

Finally, you are ready for Mountain 5 which is when you step outside the business because your baby (a business is like a baby you are nurturing, by the way) is ready to leave your apron strings and live on its own with professional management. And, you are ready to pick up another passion, another piece of your purpose to fulfil.

Alongside this journey, there are two other critical journeys that the entrepreneur needs to take in parallel - that of Leadership Depth and Craft Mastery. Wishing you courage to follow your dreams and passion to keep walking on the path to your highest self & greatest dreams.

Love, Jyoti.