Motivated Entrepreneurs Win, Win Big

I am a salesman who is selling a growth kit along with valuable network + education which designed to help an entrepreneur grow at scale with capital.

I meet thousands of startup entrepreneurs every year to fund their seed stage idea at 100X. I try to assess and evaluate what is driving them to take risks and do the hard work of building a company ground up. My evaluation is based on a single parameter of everything in the pitches I see - POTENTIAL. Luckily, today entrepreneurial motivation is all around us and people with potential have a natural drive, an attraction toward success.

Potential = Hope + Possibilities + Future + Magnitude + Winning + Optimism.

Entrepreneurs Direction = To reach their potential, they must know where they want to go and where they currently are.

1. Entrepreneurs Who Don’t Know What They Would Like to Do: Unfocused lot, they dabble and they drift.

2. Entrepreneurs Who Know What They Would Like to Do But Don’t Do It: A fustrated lot, no sense of responsiblities & do not want to change status quo

3. Entrepreneurs Who Know What They Would Like to Do and Do It: A motivated lot with purpose, grow in areas of passion.

At 100X.VC the program is designed to harness the potential of a budding entrepreneur. The potential is visible in a motivated entrepreneur who is filled with contagious enthusiasm. The program helps cultivate motivation through inspiration, open communication, and results-oriented feedback (both positive and developmental). Ideas are fragile and require lots of nurturing, more thought and sensitivity at the seed stage.

Entrepreneurs need to understand, tap into, and sustain their own motivation for starting a business, but they also need to be able to motivate others to buy into their idea.

I ask a riddle that if five frogs are sitting on a log and then four decide to jump off. How many are left? Most answers I get is “One.” “No, Five." I respond and see their amused reaction.

Why? Because there’s a difference between deciding and doing! A motivated entrepreneur is a doer and a closer not just standing on the sidelines.

VC funding is an accelerated motivation enough for entrepreneurs to kickstart but can't go long way. In today’s economy, capital alone is rarely enough to keep entrepreneurs going and be motivated. Great investors know how to motivate. They know what entrepreneurs with potential need to start their internal growth engines. 100X.VC is a question friendly VC fund.

“He who has a why can endure any how.”

Cultivating a mindset for motivation with entrepreneurs

1. Creativity may require quiet time to think. At 100X we don’t always expect a creative answer on the spot from entrepreneurs.
2. Entrepreneurs are often more creative than they realize. We at 100X have seen that giving entrepreneurs a chance to access their creativity often boosts their self-esteem
3. As a VC fund we encourage entrepreneurs to the for new solutions, experimentation to persistent problems.

You cannot win if you do not begin!

Motivated Entrepreneurs

The role of motivation in entrepreneurship is significant. It helps to shape startup businesses from the very early stages and can have an impact on sustaining growth and capabilities into the future. After entrepreneurs start doing their thing, that’s when the motivation comes and makes it easy for them to keep on doing it consistently.

1. They have purpose, hence the growth of startup business. It is designed it doesn't just happen.
2. Contribute to a positive environment that can scale and overcome obstabcles
3. Energizes the team and affect the morale of those around them
4. They think for team, build strategy for a team and execute for a team. They are team players.
5. Build a startup is working in unknown. They are willing to go the extra mile in a crisis
6. Engage directly with clients and customers to be loyal and satisfied
7. They are concious of reputation, care about their startup business image and success, and it is visible in their communication.
8. They are more likely to be creators, self-starters and innovators
9. They save strong personal goals and work ethics
10. Startup growth can be a messy business. They are committed to problem solving
11. They are good entrepreneurs with gratitude which will attract venture capital.

Motivated entrepeneurs possess a teachable spirit. They are always prepared for the time they get with a mentor. They set the agenda by asking great questions. They demonstrate how they have learned from their time with mentors and finally thay are accountable for what they have learned.

3 Questions For Entrepreneurs To Ask Themselves

1. Do You Like What You’re Doing Now?

2. What Would You Like to Do?

3. Can You Do What You Would Like to Do??

Measuring the differences between what entrepreneurs wants and what they are able to do, what drives them and what satisfies them, and their values is important. Lastly 100X core value besides capital is to help entrepreneurs get awareness, create a game plan for the question - Do You Know What to Do So You Can Do What You Want to Do? We at 100X have a focused mission of mentoring unlimited and work with entreprenurs closely to help them overcome the said above differences.

The difference between a successful entrepreneurs and others is not a lack of strength, not a lack of knowledge, but rather a lack of will.

About 100X.VC

100X is the first cheque, SEBI registered VC fund and an investment adviser. 100X offers promising startups, seed funding, validates them and get them started. The team at 100X works closely with each company on every aspect of the business and make them venture investment-ready.

Class 08 Applications Open: Apply here https://www.100x.vc/class08