Entrepreneurs are unique breeds of the human species. They are innately driven to achieve. They are inspired to best the current status quo. They aspire to be the 'best' in their field. They hustle, grind, study, and work their faces off. They set goals to achieve material goods, respected accolades, a lifestyle, and leave a legacy. Yet the one thing, even entrepreneurs can't escape, and maybe even face more than the average Joe is a feeling of emptiness from time to time.
In the race to have it all, we can often struggle with our very definition of what having it all even means. As we mature through our journey of building businesses, getting older (and hopefully wiser), we often can ponder if the best we can hope for is to have it all but just not all at the same time.
Twenty years ago a business mentor I looked up to asked me one powerful question and then made one of the truest statements I have ever heard, while I was discussing a cash crunch in my very first business. The first thing he asked me was "Are you bragging or complaining?"
That completely made me pause and reframe my thinking about the way I was oriented to the present struggle I was facing. Then he made the following statement. "Chris, we are all broke at different levels."
Think about both of those statements for a few seconds and let's talk about why "broke" can be a positive asset to you and your business, not just a negative temporary reality.
If you are struggling to see the genius in these two statements a mentor of mine shared in 2000, then you should read Daymond John's book (of Shark Tank and Fubu fame) "Power of Broke" or watch the interview with him below.