Why Entrepreneurs Should Think 10X Bigger [5 Mind-blowing Reasons]

Why Entrepreneurs Should Think 10X Bigger

I have a friend.

A friend I've known for over 15 years, from the moment I started life in primary school all the way to the final day of Sixth Form.

We've always been close in our own weird way.

We rarely talk, but when we do, it's like we've been talking for years - it's a great friendship.

Yesterday, this friend messaged me, and I immediately knew what the conversation was going to be about.

He was telling me how he was?rethinking his choice?of going into university and wanted to find a way to escape this route.

After a little back and forth, I told him how he should try and?build businesses.

His response??

"You need a lot of money to build businesses. In fact, it takes a long time to grow - you need to start small and make progress."

He's not wrong there, but then it hit me.

This is how I used to think when I?first started in business?- I was thinking small, thinking conservatively.

Now, almost two years into my entrepreneurial journey, I've almost?1000X'd the goals?that I had when I first started.

I stopped thinking small and realised the?opportunity in thinking big.

After I heard that voice note, I told my friend something special, something I've never even told myself until it really came out of my mouth yesterday.

I told him the reason I don't think small.

I told him the reason why it's important to think big - the same thing we're about to discuss, today.

Abundance of opportunity

The hardest thing for new entrepreneurs or people who have been around mediocrity their whole lives to realise is that?opportunity is everywhere.

There's?enough out there for everyone to get a piece of the pie.

The only thing holding some people back whilst the minority propel themselves forward is our?fixed mindsets and beliefs?about how money flows and where to get your fair share.

Whilst some believe that wealth is earned over dozens and dozens of years and hard work, constantly working for the man until you can't no more, the minority believe that wealth can be created.

To create wealth, you start by building businesses,?reinvesting the profits, selling the business (if you want), buying real estate, assets, and more.

When you think about it, wealth is a simple game to play.

• You build?something that generates cashflow;
• You scale it by reinvesting the profits;
• You sell it (if you want to);
• You invest back into something else - other assets

That's?all it takes to be rich?and wealthy.

Now, let me tell you something I told my friend that will blow your mind.

There's an entire revolution going on in the digital world right now.

Benyamin Ahmed, Tory Lanez, Beeple.

3 people who seem to have absolutely zero correlation with one another.

That's where we're wrong.

These three people have all created insane wealth through the?power of NFTs.

Benyamin Ahmed is a 12-year-old coder who created a simple NFT collection that made him over $400K in 9 hours.

It only gets better.

Tory Lanez, the Canadian rapper, made $1 million in under a minute selling NFT versions of his album.

Beeple, which many might know, sold one of his most popular NFT pieces, 'Everyday: The First 5,000 Days,' for $69 million.

Yes, there were no typos in that sentence.

A single piece of digital art sold for?sixty-nine million dollars.

This isn't only happening in the NFT world - there are people?building businesses and making millions per month.

There are companies starting with 0 and going to $1 billion in a few years.

People, like Russell Brunson, can start a webinar or do a live event and make over $1 million that same day.

When you start to see the insane opportunity available out there, you can't do anything other than think big.

You can't see results like this and think small.

You can't keep telling yourself, "one day I'll do this," or "success is only for this type of person."

There's an abundance of opportunity staring us all in our eyes - most of us just can't see it.

Big thinking leads to motivation

I have to both agree and disagree with myself on this one.

I believe that the bigger you dream, and the bigger you think, the more?motivated?you will be to reach it.

The bigger your dreams, the harder you'll work to make them happen.

However, there's only one way to stay motivated in the process.

That's by having a?powerful reason, a WHY.

The bigger?your goal, the harder it usually is to reach it.

Anyone can think big, but to make that thought a reality, it's a lot harder.

For example, making $10K per month is much simpler than making $10 million per month.

To make $10K per month, you can do almost anything you can think of.

The other day, when I was speaking to my friends, I made a joke where I told them they can sell adult sex toys and?make six figures per year.

Ironically, it's more than true - there are 7 and 8 figure sex toy companies out there.

However, to make $10 million per month, you need to focus on more than just the goal, you need to think about?the mindset?and?the WHY.

What's the reason for wanting to reach this gargantuan goal?

I've written an article before about?getting crystal clear on your WHY.

Watch that video to know your reasoning for wanting massive success.

Once you have a massive goal and a?powerful WHY, you're able to go through every day with insurmountable levels of motivation to guide you.

However, if you lack the 'WHY,' your goals will eat you from the inside out.

Nonetheless, focus on building?a powerful WHY?as well as a massive goal you want to reach - you'll be surprised that you can make it.

Big thinking breeds big results

This sort of correlates with what I had just said in the previous point.

The bigger you think, the better your results will be.

Elon Musk once said, "Stop being patient and start asking yourself, how do I accomplish my 10-year plan in 6 months??

You'll probably fail, but you'll be a lot further along than the person who simply accepted it was going to take 10 years."

The reason I say this is because trying to achieve a long-term goal quickly, requires you to think big.

If you think you want to retire in 10 years, think about how you can retire in the next 6 months.

When you think on this scale, you're a lot more likely to?make a lot of progress.

This is because someone working on a 6-month timeline will be a lot more relentless than someone working on a 10-year timeline.

When you tell yourself something will take 10-years,?you'll be a lot more laid back, you'll tell yourself you've got a lot of time.

However, when you tell yourself that you've only got 6 months to accomplish a goal, although you might not be able to do it, your results will far exceed the results you would have made if you accepted the 10-year timeline.

As an entrepreneur, it's important to?think big and move fast.

Every day, new businesses are entering the markets,?new ideas, and inventions?are being created and so you must stay ahead of the rest.

To do so, you need a big thinker in the driver's seat of any business.

Start thinking big and achieving greater results, faster.

Fulfill your potential

When I was starting my previous?clothing line, I wanted to build a brand that resonated with people like me.

Part of the brand's messaging was 'unbound possibilites.'

One of the hoodies had a design of outer space with a small astronaut floating near a planet.

It was a design that symbolizes the fact that?we can achieve whatever we put our mind to.

Think about it like this:

Our human minds are powerful machines that can think crazy thoughts - the great thing is that a lot of the crazy thoughts people have thought of came to life.

When the first humans landed on the moon, no one believed they can do that until they did.

When the first car was invented, no one would have thought there would be something better than horses.

When the internet and?social media?came to life, people never knew they can revolutionize the way humans worked.

Fire and the sun were the only sources of lighting before Thomas Edison created the lightbulb.

The point I want to make is that whatever our tiny minds can perceive, we can achieve.

There's a reason we're able to think big things - because they're achievable.

Steve Jobs once said a great quote, "The people who are crazy enough to think they can?change the world?are the ones who do."

That's coming from someone who was crazy enough to think he can change the world - and he did.

Apple changed the way mobile phones and computing worked forever.

You never truly know your potential.

You never know how much you can really achieve, how much success you can have, and how far you can go.

The only way to know is by thinking big, and going on your (not so merry) way.

When you decide to embark on a journey that not many take, big things will start to happen for you.

It's exactly what happened to Jeff Bezos in the late 90s.

It's exactly what happened to Elon Musk when he merged with PayPal.

Start thinking big and discover just how far you can really go.

When you accept this challenge, you open the floodgates for unimaginable things to happen.

Thinking small vs thinking big

Not long ago, I was on Instagram and I came across a quote.

I feel like I'm slipping back into using?social media?a little longer than I'd like, but that's beside the point.

The quote read: "Think BIG. It's just as easy as thinking small but the pay-off is much larger."

It hit me how true that quote was.

When I?first became an entrepreneur?and wanted to make my 'ultimate goals' come to life, all I really wanted was freedom from having to follow the status quo.

I didn't want to make millions and millions, I just wanted to make sure that I don't go to university and I don't work for someone else my whole life.

Today,?my goals are 1000X?what they used to be but the feeling is still the same.

It's not any harder to think big, it doesn't take extra brainpower to think bigger than you currently do.

Essentially, there's absolutely no reason to think small.

There are no drawbacks or disadvantages to thinking bigger than you already do, only upside.

If you think small,?you're limiting yourself.

However, when you think big, you're allowing more blessings to enter your life whilst also increasing your overall potential.

It will open your mind to new possibilities, new ways of doing things.

When your goals are small, you can only see as far as those goals take you.

When you?10X?or even 100X your goals, you'll start to see things you never saw before, you'll see different, lucrative ways of thinking.

The truth is, when I wanted to make $10K per month, it seemed like a mountain to climb.

Now that my goals have multiplied,?$10K per month?seems like a little hump on the road.

It's only 10 products sold per month at a price point of $1000.

Or it's only?100 products sold per month at a price point of $100 per month.

In terms of?SaaS, it could be only 100 customers paying you $100 per month.

In other words, you need to find 3.3 users per day within a month, and you'll be sitting at $10K per month.

Or, if you give yourselves 3 months, all you need is 1 new user per day to run a $10K per month business.

Do you see how simple that is?

Do you see how possible this all is?

When you think big, you start to see everything differently, from a more resourceful standpoint.

Think big, achieve big - that's all there is to it.

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Till next time,

Mohamad