{"id":127595,"date":"2020-07-17T05:00:56","date_gmt":"2020-07-17T11:00:56","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=127595"},"modified":"2021-03-16T17:01:10","modified_gmt":"2021-03-16T23:01:10","slug":"takes-succeed-entrepreneur","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/takes-succeed-entrepreneur","title":{"rendered":"Here&#8217;s What It Takes to Succeed as an Entrepreneur"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/Vyo1c_3METY\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Josh Dorkin started BiggerPockets about 15 years ago\u2014a long time ago, right? And then I came on later. A lot of people think I started BiggerPockets. But I didn&#8217;t. It was Josh&#8217;s baby. He built it in his basement, sitting in his boxer shorts for five, 10 years before I came around. That&#8217;s why BiggerPockets is successful.<\/p>\n<h2>What I Learned About Entrepreneurship From Josh Dorkin<\/h2>\n<p>If you&#8217;re not willing to work like Josh worked for a decade at trying to build something\u2014making almost no money\u2014it&#8217;s not going to happen. Everyone told him he was stupid or shouldn&#8217;t do it. But if you&#8217;re not willing to do it anyway, you&#8217;re not going to build a successful business like Josh.<\/p>\n<p>A lot of venture capitalists were telling him he was stupid and that his business would never gain traction. If you&#8217;re not willing to put in potentially years of hard work and effort, then you probably don&#8217;t have what it takes to be an entrepreneur. Most entrepreneurial ventures don&#8217;t even succeed in the first year. You need to be willing to stick it out. (The same is true for <a href=\"\/renewsblog\/2013\/04\/09\/how-to-buy-a-small-multifamily-property\/\" target=\"_blank\">multifamily<\/a> investing.)<\/p>\n<p><em><strong>Related<\/strong><\/em>: <em><a href=\"https:\/\/www.biggerpockets.com\/blog\/2016-01-19-10-tips-leaving-9-5-adjusted-life-entrepreneur\" target=\"_blank\">10 Tips For Leaving Your 9-5 and Adjusting to Life as an Entrepreneur<\/a><\/em><\/p>\n<p>If there&#8217;s one thing I&#8217;ve learned from BiggerPockets\u2014especially from Josh\u2014it&#8217;s that you need to put in the <a href=\"\/renewsblog\/due-diligence-ultimate-guide\/\" target=\"_blank\">time<\/a>. And trust me, it takes a lot of time. It&#8217;s not like you work for six months and then, poof, you&#8217;re rich! You need to put in years and years. There are times you&#8217;ll make a lot of money, and other times where you don&#8217;t.<\/p>\n<p>See Josh persist has had a big impact on me, especially when it comes to my investing career. I have to remember to be patient. An example is how it&#8217;s been one month since we got a mobile home park under contract. And it&#8217;s tiring and I&#8217;m asking myself, &#8220;When will this pay off?&#8221; Patience is vital.<\/p>\n<p><a href=\"https:\/\/www.biggerpockets.com\/biggerpockets-business-podcast\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-119124 size-main-slider\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2019\/11\/business-podcast-ad-for-blog-702x125.jpg\" alt=\"\" width=\"702\" height=\"125\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2019\/11\/business-podcast-ad-for-blog-702x125.jpg 702w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2019\/11\/business-podcast-ad-for-blog-300x53.jpg 300w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2019\/11\/business-podcast-ad-for-blog.jpg 706w\" sizes=\"auto, (max-width: 702px) 100vw, 702px\" \/><\/a><\/p>\n<p><em>What has been your biggest obstacle as an entrepreneur\u2014and how did you overcome it?<\/em><\/p>\n<p><strong>Share with a comment below!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To become a successful entrepreneur, you need to master one simple aspect of starting a business. But for most, it&#8217;s easier said than done.<\/p>\n","protected":false},"author":710,"featured_media":127764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4241],"tags":[],"class_list":["post-127595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-business-management"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/127595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/710"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=127595"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/127595\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/127764"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=127595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=127595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=127595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}