Back in June, I wrote about the financial milestones of business ownership, and it got me reflecting on the early conversations I have with new entrepreneurs—those exciting first steps when someone decides to pursue business ownership for the very first time.
One of the first exercises I walk people through is a visioning exercise. It's meant to help us get clear on long-term goals. Often, people start with something like:“I want to start a business.”
This kind of thinking is admirable. It’s what we call a BHAG—a Big Hairy Audacious Goal—and I absolutely respect people who are bold enough to aim high. But I also remind them: while it’s important to have a big vision, achieving it happens in steps.
Entrepreneurship Isn’t Genetic
Let’s start with the basics. No one is born with the skills to be a successful entrepreneur. Business ownership isn’t something you're either naturally good at or not. It’s a skill—something learned, practiced, and refined over time.
Even the best franchise in the country can’t guarantee your success. What it can do is give you the tools. But you have to use them. You have to show up, put in the work, make mistakes, and learn as you go.
The Baseball Metaphor
Starting a business is a lot like learning to play baseball. Image stepping up to the plate for the first time. The odds of hitting a home run on your first swing? Pretty slim. Your coach is probably telling you to focus on contacting the ball.
Same goes for your first year in business. Swinging for the fences might feel exciting, but it's often not realistic. Instead, focus on getting on base. A single, or even a stand-up double, is a huge win when you’re just starting out.
Focus on the Fundamentals
Your first year in business is all about learning the fundamentals:
These aren’t glamorous skills, but they’re essential. Mastering them sets the foundation for long-term success.
Over time, you’ll gain experience, confidence, and a better understanding of what you enjoy and what you're good at. Maybe after a few years, you’ll decide to open a second or third business—one that builds on everything you’ve learned and brings you even closer to your big vision.
Grow Step by Step
So, here’s the takeaway: hitting a home run is great, but not always necessary—or even wise—in your first year. Focus on steady progress. Build your skills. Learn the game. And give yourself time.
If you do that, your chances of eventually reaching every goal in your vision—and possibly going even further—go way up.
The dream is real. The path just takes patience, practice, and persistence.
Wishing you success on your entrepreneurial journey!
