this post was submitted on 20 Nov 2023
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Although I have accomplished quite a bit in my short lifetime, I’m going through a stage where I feel like a loser.

I’ve been slacking off and honestly kind of board with my business. It’s at the point where I can get by without doing much work.

Everytime I come back to my hometown my family just doesn’t get it. They don’t understand my entrepreneurial mindset.

I’m 21 years old and I’ve built an online fitness coaching business.

I’ve generated multiple six figures over the last 2-3 years.

I decided I was finished with college after my freshman year and wanted to pursue my business all the way.

I moved to San Diego and I’ve been there for about two years.

Although most people would say you’re doing amazing and killing it.

I know I could be doing better.

I want a bigger opportunity, I want to work harder, and develop a vision so huge it scares me.

I feel like my next evolution is coming up but right now I’m in the growing pains where I feel a little lost and unsure of what’s next.

I have a few ideas and I’m testing out the market for them but it’s an uncomfortable period.

I feel like I’m just coasting and not growing. It’s not a fun place to be.

Any advice?

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[–] StedeBonnet1@alien.top 1 points 1 year ago
  1. Based on your description of your success so far you are NOT a loser. You are the exception. Remember that approximately 20% of new businesses fail during the first two years of opening, 45% during the first five years, and 65% during the first 10 years.

  2. Hire a CEO or promote a manager to run things while you take some time to see what's next. Here are some thoughts.

A) Grow your existing business. More locations, franchising, unique service type locations like on site for a large company.

B) Vertical integration. Something related like Gym equipment. I have always been fascinated by the Peloton model. Imagine a workout regimine riding the Tour de France or running a marathon in China on the Great Wall

C) something entirely different like you said in your opening

Good luck. You ARE actually doing it right.