Entrepreneurs are visionaries. This is why it's so easy for entrepreneurs to get fixated on results. When your life's work starts to feel contingent on the results your produce for your clients, employees, and investors, it seems logical to prioritize those results.
While outcomes, results, and final products are important goals to obtain in the game of entrepreneurship, it may be more beneficial to devote your energy to the process instead. Warren Buffet expresses this very concept. This legend says you should focus on your methods, development, and actions instead of on your outcomes.
When you love what you do, and believe in what you do other people will too.
Warren Buffett has always expressed his love for his job. In a 1989 Berkshire Hathaway shareholder letters, Buffett wrote: "We enjoy the process far more than the proceeds." Explaining why he and his partner never make a decision in a hurry or with haste. Instead, they are patient with their investments because they enjoy the process. They believe in their process which in turn allows them to have the composure to be patient in stressful situations.
Doing what you love, and finding a way to monetize that, is an impeccable recipe for success. When you enjoy the process more than the proceeds, like Buffett, you tend to do such an excellent job that it's impossible to not have a good outcome.
Caring for the day-to-day, and the consistent wave of tasks it takes to run a company is what makes for a great founder.
If your main goal is to "be a successful entrepreneur" or "be on the cover of Inc Magazine", your mind doesn't prioritize building the best company you can build.
Founder and entrepreneurs who truly believe the world needs their product or service are the ones who tend to stand out. Enjoying the process and not the proceeds--or the praise--gives you an edge. This edge is something that can motivate your employees to work for your company like it's their own, and it can encourage investors to bet on you. More importantly, it keeps you moving and flourishing even when times are tough--and every entrepreneur will have a tough time at some point.
Creating a flourishing company is not something that is ready made. It doesn't happen over night. It comes from years and years of being entrenched in the process. So when you enjoy the process, when you live for the process, you are already setting yourself up for success.
When you focus on the end result like it's something that was promised to you, you start to neglect the real work and opportunity you have in front of you. This is why you should prioritize your day to day actions and not just the outcome or proceeds from those actions.