The last five years of reviewing and observing how high growth entrepreneurs go about their job has revealed many interesting behaviours. One of the most valuable is the power of resilience – an ability to maintain momentum when everything seems to be going pear-shaped. When you listen to the stories of those who have achieved something of significance in business, it almost seems mandatory to have suffered financial, commercial and emotional hardship. Many I speak to recite their story of misfortune with total clarity and passion. They talk with great pride how they turned difficult times into prosperity and growth.Without having gone through the pain of managing difficult times business wisdom is hard to acquire.
I believe the underlying force that enables people to keep going is the power of purpose and having faith in their mission. Whilst many had a realistic view of the reality of difficult times ahead, whether that be running out of cash, revenues declining or challenging economic conditions they never lost sight of what they set out to achieve. The burning sense of purpose and intention creates resilience and an ability to keep plodding on. Without a clear sense of what you want to achieve and deep-rooted desire, falling at the first hurdle is almost inevitable.
Success is underpinned by a strong sense of purpose and clarity of intention. This creates resilience in those dark times.