{"id":4356,"date":"2015-05-08T09:38:57","date_gmt":"2015-05-08T02:38:57","guid":{"rendered":"http:\/\/yup.edu.vn\/?p=4356"},"modified":"2026-10-22T07:20:47","modified_gmt":"2026-10-22T00:20:47","slug":"su-ve-khoi-nghiep-nhung-chuyen-gio-moi-ke-phan-1","status":"publish","type":"post","link":"https:\/\/yup.edu.vn\/en\/su-ve-khoi-nghiep-nhung-chuyen-gio-moi-ke-phan-1\/","title":{"rendered":"THE TRUTH ABOUT ENTREPRENEURSHIP \u2013 Stories Only Now Being Told \u2013 Part 1"},"content":{"rendered":"

Part 1: A PORTRAIT OF ENTREPRENEURS<\/strong><\/h1>\n
\"Humanity's<\/a>
Humanity's Most Formidable Weapons Are Passion and Learning \u2013 YUP<\/figcaption><\/figure>\n

 <\/p>\n

I will always remember how it felt to resign from my job for the first time to \u2018step out into the market\u2019 do business on a large scale<\/em><\/strong> (just kidding) The feeling is rather funny, like this: \u201cYeah! I'm free! From now on, I can stay up late or get up early as I please, with no need to report to anyone at 8:30!\u201d<\/p>\n

You know what? Life always gives us what we truly want. And after that moment, my life unfolded exactly as I had just declared!<\/p>\n

I failed in that so-called \u201cstartup\u201d attempt!<\/p>\n

Nevertheless, I gained some valuable lessons. You may already know them, but hearing them again as a reminder is never unnecessary, especially when \u2018life's currents continually carry us away from our original understanding and dreams.\u2019<\/p>\n

Running your own business means working long hours, keeping an irregular schedule and thinking constantly, day after day and month after month, until you recover your investment and begin making a profit. This can take several years.<\/p>\n

Therefore, to start a business successfully, you need to:<\/p>\n

First lesson: Passion \u2013 If you do not love your business, it will not support you<\/em><\/strong><\/h2>\n

Starting a business is a truly difficult decision, as you will realize if you take it seriously. It is the moment when you accept:<\/p>\n

    \n
  1. Work continuously. Remember that thinking is also 1 form of work<\/li>\n
  2. Irregular working hours: When you first \u201cstrike out on your own\u201d and acquire your first customers, you put in so much blood, sweat and tears that, for their sake, you often do not hesitate to work \u201covertime\u201d whenever needed.<\/li>\n
  3. Your emotions will act like a \u2018barometer\u2019 of your business situation<\/li>\n<\/ol>\n

    I say this to show that if you start a business for \u2018freedom,\u2019 as I described above, or solely for money, I hope you will reconsider by this point. Business is a long journey filled with obstacles and challenges. If you are not passionate about what you do, you will easily become discouraged and give up whenever difficulties arise.<\/p>\n

    <\/i>Register free for the UNLIMITED SUCCESS seminar<\/a><\/p>\n

    So What Role Does Passion Really Play in Starting a Business and Building Wealth?<\/span><\/em><\/strong><\/h3>\n

    Nature gave humans 2 cerebral hemispheres, left and right, separately oriented toward logic and emotion. And from this come all sorts of problems.<\/p>\n

    I can only speak for myself: when I decided to start a business, I used reason to compare the reality of working for someone else with the dream of successfully starting and owning a business. I think everyone knows which side came out ahead.<\/p>\n

    Yet the true nature of business is giving others the VALUE you create, and creating that value is extremely difficult; giving it is not easy either. Without passion acting as a flame that continually supplies energy and drives you forward,<\/strong> you will gradually be persuaded by YOURSELF once again and see the \u201cdream of entrepreneurial success & enjoyment\u201d drift away and fade, while the reality of daily losses and having to contribute more money from your own pocket takes over.<\/p>\n

    Moreover, if you start a business for money rather than passion, you will not recognize the outstanding advantages<\/em><\/strong>, your own unique values that no one else possesses<\/em>\u00a0\u2013 can do an extremely effective competitive advantage<\/strong> to help your business stand out and rise above the crowd. This is a secret to building core competitiveness that people too easily overlook.<\/p>\n

    Lesson 2: Business is Life, complete with Emotion and Spirit<\/strong><\/h2>\n

    Of course, you are always living, whether or not you are running a business or starting one! But during entrepreneurship, you live a very different chapter of life.<\/p>\n

      \n
    1. You are your own boss\u2014nobody will supervise you or monitor your results anymore. Honestly, it was only that day, when I realized this, that I became grateful for what my former boss had done for me<\/li>\n
    2. \u2018We posted another loss this month!\u2019 Normally, hearing someone else say that does not stir much feeling. But when you say it yourself, it truly sinks in. You bear 100% of the risk for everything you did for your business over the past month. Never has the \u2018cycle of rebirth and cause and effect\u2019 revealed itself so quickly!<\/li>\n
    3. Emotions \u2014 \u2018Why must I work so hard?\u2019 You will work a hundred times harder than others<\/strong>, doing tiny, fussy tasks you have never done before. Why? Because this business is now yours, and no one will worry about it for you!<\/li>\n
    4. Sacrifice, sacrifice and sacrifice\u2014time is the first \u201csacrificial offering.\u201d Personal interests come next, because we must save for our \u201cdarling\u201d company. Cut back on gatherings and drinking with friends, do not waste any capital, and sometimes even time for family must take second place. In short, simplify life as much as possible<\/strong><\/li>\n<\/ol>\n

      At This Point, Raise Your Hand If You Still Want to Start a Business!<\/p>\n

      <\/i>Register free for the UNLIMITED SUCCESS seminar<\/a><\/p>\n

      Lesson 3: Manage risks and see risks \u201chidden\u201d everywhere in a business with fewer than 5 people!<\/strong><\/h2>\n

      The first risks I had to face usually involved money!<\/p>\n

      Starting a business means no one pays you a salary anymore. What will you bring home to your wife at the end of the month?<\/p>\n

      Starting a business means needing capital, and making a profit at first is hardly easy. Remember, this can last several months or more than a year, so where will the money to keep the company going come from?<\/p>\n

      Fundraising? Back then, I didn\u2019t know the 6 or 7 fundraising methods I know now from working at YUP, so I really talked until my throat was dry while investors still shook their heads!<\/p>\n

      These are the initial issues connected with \u201cWhere will the money come from?\u201d<\/p>\n

      Below are issues that remain risks even after you have money!<\/p>\n

      Investment cash flow & effectiveness:<\/em><\/strong> After 5 months of losses, Dylan\u2019s original business began to earn \u201ca little something.\u201d Dylan invested more of his own capital, stepped up marketing, and hired additional help.<\/p>\n

      The mistake was failing to compare the breadth of the market with current service capacity, making additional investments ineffective.<\/p>\n

      The mistake was having no model to clearly map how cash, products, and information flowed through my business. How embarrassing for someone with an economics background! Dylan only realized this lesson when studying the Business Model Canvas with teacher Tr\u1ea7n B\u1eb1ng Vi\u1ec7t!<\/p>\n

      The \u2018Owner's Salary\u2019 Trap:<\/em><\/strong> During a long wait, you tighten spending and live on the bare minimum while, deep down, still feeling that your status is that of an owner. Meanwhile, new needs arise in life.<\/p>\n

      Like an animal starved for too long, when it is time to spend, business owners can easily allow themselves to use the capital and profits newly earned from a young business indiscriminately. Why does this seem so perfectly reasonable to them?<\/p>\n

      Simply because the business is his, so naturally all the profits belong to him. Why should he not spend them however he wants?<\/p>\n

      Another mistake! Clearly define your own salary, even if you own the business! Keep your capital and personal spending separate so you can truly manage business finances well!<\/p>\n

      <\/i>Register free for the UNLIMITED SUCCESS seminar<\/a><\/p>\n

      Lesson 4: Patience and Persistence<\/strong><\/h2>\n

      Let me ask you: \u2018How many times have you seen someone start a business and succeed immediately?\u2019 With the difficulties just discussed and countless large and small issues that can arise in running a business, Dylan is certain that many people have often had \u2018thoughts of giving up\u2019 lingering in their minds.<\/p>\n

      Dylan nh\u1edb, trong 1 seminar UNLIMITED SUCCESS \u2013 TH\u00c0NH C\u00d4NG KH\u00d4NG GI\u1edaI H\u1ea0N, anh T\u1ea1 Minh Tu\u1ea5n<\/a> t\u1eebng n\u00f3i: \u201cStarting a business is like swimming from one bank to the other. The hardest part is not deciding to jump in at the beginning; it is reaching midstream, looking back to see the bank far behind, looking ahead to see the other bank still out of reach, and looking around to find no one beside you.\u201d<\/strong><\/p>\n

      <\/i>UNLIMITED SUCCESS \u2013 UNLIMITED SUCCESS<\/a><\/p>\n

      \u201cThe Finest Warrior needs two things,<\/em><\/p>\n

      that is Time and Patience.\u2019<\/em><\/p>\n

      \u2013 Leo Tolstoy (from \u2018War and Peace\u2019)<\/p>\n

      \u2018Every beginning is difficult\u2019 is a process every entrepreneur must go through. Therefore,\u00a0Perseverance and Persistence are among the most essential qualities of a successful entrepreneur.\u00a0<\/strong><\/p>\n

      Above, Dylan has briefly reviewed the lessons he has personally experienced and the conclusions he has drawn to date while working in an entrepreneurship training environment.<\/p>\n

      Although these insights are few, I hope readers can draw some value for their chosen path. You can also come and listen to and learn from entrepreneurship experts here at YUP. You do not have to immediately believe what I have said above.<\/p>\n

      Please look forward to the next article:<\/p>\n

      \u201cEssential Skills for Building a Successful Startup \u2013 My Proposal.\u201d<\/a><\/em><\/p>\n

      \u00a0<\/em><\/p>\n

      From Dylan @ YUP Institute with love.<\/em><\/p>\n

      <\/i>Register free for the UNLIMITED SUCCESS seminar<\/a><\/p>\n

      Ch\u01b0\u01a1ng tr\u00ecnh li\u00ean quan t\u1ea1i YUP Education:<\/strong> X-Startup \u2013 kh\u00f3a h\u1ecdc kh\u1edfi nghi\u1ec7p \u00abKh\u1edfi Ch\u00e1nh Nghi\u1ec7p\u00bb<\/a> \u00b7 The Journey \u2013 l\u1ed9 tr\u00ecnh ph\u00e1t tri\u1ec3n doanh nh\u00e2n<\/a><\/p>","protected":false},"excerpt":{"rendered":"

      Ph\u1ea7n 1: CH\u00c2N DUNG D\u00c2N KH\u1edeI NGHI\u1ec6P   T\u00f4i c\u00f2n nh\u1edb m\u00e3i c\u00e1i c\u1ea3m gi\u00e1c l\u1ea7n \u0111\u1ea7u ti\u00ean xin ngh\u1ec9 vi\u1ec7c \u0111\u1ec3 \u201cb\u01b0\u1edbc ra th\u1ecb tr\u01b0\u1eddng\u201d l\u00e0m \u0103n l\u1edbn (\u0111\u00f9a nh\u00e9) C\u1ea3m gi\u00e1c n\u00f3 tr\u00f4ng ng\u1ed3 ng\u1ed9 nh\u01b0 v\u1ea7y \u201cYeah! Ta t\u1ef1 do r\u1ed3i! T\u1eeb nay ta c\u00f3 th\u1ec3 th\u1ee9c khuya d\u1eady s\u1edbm t\u00f9y th\u00edch […]<\/p>\n","protected":false},"author":1,"featured_media":4363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[134,114,61,70,115],"tags":[],"class_list":["post-4356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","category-headliner","category-kinh-nghiem-khoi-nghiep","category-blog","category-trending"],"_links":{"self":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/4356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/comments?post=4356"}],"version-history":[{"count":10,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/4356\/revisions"}],"predecessor-version":[{"id":18517,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/4356\/revisions\/18517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/media\/4363"}],"wp:attachment":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/media?parent=4356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/categories?post=4356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/tags?post=4356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}