"There's this huge breeding of entitlement that is going on in the country that is called prosperity. It's why empires fall. Rome did it. Genghis Khan did it. We're doing it," Vaynerchuk said.
It's true. Americans are getting comfortable with being lazy. We forget about the hustle. Adversity is the antidote for entitlement — and the lack of adversity is creating entitlement in the workplace. Not everyone gets a trophy.
For entrepreneurs, your work is never done. You need to continue to put in the work to reap the rewards. You have to set up a specific timeline for where you want to be, put in place benchmarks, and figure out how you want to get there.
Seems obvious, but too often founders just focus on point B without determining the strategy it takes to get there.
Upset that your $7 coffee is room temperature or your Delta flight is late? Vaynerchuk touches on the fact that these aren't real hardships— they aren't real struggles.
We spend way too much time focusing on the little things that hold us back from making progress on the bigger things — the things that really matter. If you wallow in the minor issues, you can't focus on the big ones. To stay on track, write down your vision on a note card or piece of paper and carry it around with you to remind you why you are doing what you are doing.
Vaynerchuk said we are too focused on the wrong thing, including vanity metrics. "Show me how much you're going to cry about not getting as many likes on Instagram posts," he said.
Just look at the WeWork fiasco. So many investors were driven by growth numbers and top-line metrics that when the IPO came, the house of cards fell.
Just because we achieve something — funding, followers, etc. — it doesn't necessarily equate to success. Entitlement leads to delusion, which can lead to failed businesses as we focus on the wrong things.
Rather than focusing on metrics that don't matter, build a solid business — not for the Instagrams of the world, or the investors, but for your customers, the people who are paying you.
"Impact, how you make people feel and the quality of what you're putting out into the world, will continue to rise," said Vaynerchuk.
There is a division between people who want success "for stuff" and the people who want success for "process," or the ability to build something new. If someone is starting a business just for the car, or their house, or the jet, or whatever it is, it won't happen. You will fail — and that shallow reason you started a company will not motivate you when times are tough.
You have to have a North Star as your guide and a reason bigger than just materialistic things to become an entrepreneur. You have to be emotionally connected to your vision, because without this passion it's very easy to get distracted or even succumb to fear, worry, and doubt.
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.
Being in the coaching and mentorship industry for more than 20 years, his clients include many well-known people, including New York Times No. 1 best-selling author Jen Sincero.
Because of the results his clients have achieved, along with his dedication, David's coaching has expanded to more than 30 countries, and his business expertise has been featured in Inc., CNBC.com, Business Insider, Farnoosh Torabi's "So Money" Podcast, HLN, and much more. He is also the bestselling author of "The Millions Within," a book focusing on intention, focus and awareness to build your dream business and life.
Follow him on Twitter and Instagram.
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