Get All Access for $5/mo

What to Do If You're Struggling to Start a Business Shift your perspective to achieve success and inspire others who are struggling.

By Peter Voogd

Opinions expressed by Entrepreneur contributors are their own.

In this video, Peter Voogd talks about his decision to drop out of college and start his business, his first Mastermind group meeting and the shift in his perspective that led to his success.

Voogd talks about the importance of going against the grain as he did when he left school to go into business. He talks about his scarcity mindset and fear of failure during the economic downturn of 2007 to 2009 and the shift in perspective he had upon hearing advice from a successful entrepreneur in a mastermind meeting.

Voogd advises shifting your perspective about the current economic crisis if you're struggling, noting that 76 percent of Fortune 500 companies were started during a recession or depression. Achieving success, in turn, will inspire others who are struggling.

Related: Don't Allow Your Life to Be Limited by These Five Things

Peter Voogd

Leading Authority for Young Entrepreneurs

Peter Voogd is the author of the best selling book 6 Months to 6 Figures, as well as the founder of The Game Changers Academy. He's a leading authority on Gen y leadership who has trainedand inspired well over 4,500 entrepreneurs with his true story of going from dead broke to a six figure income within six months. His podcasts, videos, websites and social media reaches more than 200,000 people monthly.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: 'One of the Most Remarkable Business Pivots in History'

Here's how Nvidia pivoted its business to explore an emerging technology a decade in advance.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Leadership

Why Hearing a 'No' is the Best 'Yes' for an Entrepreneur

Throughout the years, I have discovered that rejection is an inevitable part of entrepreneurship, and learning to embrace it is crucial for achieving success.