- David Neagle is the founder of the multimillion-dollar global coaching company Life Is Now, Inc, helping thousands of entrepreneurs, experts, and self-employed professionals gain confidence and find the right mindset to increase their revenue, turning their endeavors into seven- and eight-figure ventures.
- He recently interviewed Gary Vaynerchuk for his podcast, "The Successful Mind."
- Vaynerchuk discussed the entitlement mindset he sees in some entrepreneurs and the negative effect that it has on innovation.
- He said that prosperity breeds entitlement, and that entrepreneurs are too focused on the small things and the wrong wins.
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We've all heard the expression "There is no such thing as a free lunch." Too often, founders and entrepreneurs believe they deserve something - be it a big customer, funding, or an important introduction - simply because they think it is owed to them.
Gary Vaynerchuk isn't a fan.
Neither am I. On a recent episode of my podcast, "The Successful Mind," Vaynerchuk shared his thoughts on this sort of entitled mindset some entrepreneurs have - and how it is ruining our innovative ecosystem.
Transform talent with learning that worksCapability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More "The young, hungrier thing wins, and the fatter, older thing loses. We're the fatter older thing. We think somebody owes us s---," he said.
I agree.
Too many founders do not understand the amount of work, dedication, and sacrifice that's actually necessary to do what they say they want to do. To build a company, to live a dream, to find their purpose, to change the world, to making millions, whatever it is - they have to work at it. Nothing is just handed to them on a silver platter.
Check out the four things I agree with Vaynerchuk about when it comes to entitlement and entrepreneurship - and how to get past this mindset to find success.