 This month makes it 11 years when I decided to start a business and build a company Most parts of my last decade have been nothing but painfully exciting I'm not sure I can ever again willingly go through anything as tough as I've been through in the last 11 years However, though building a company has been the toughest decision of my life It has also brought the most fulfilling life for me In today's video, I want to look back and check what single attribute I think makes entrepreneurs succeed If you're new here, you may want to subscribe so you won't miss other interesting videos like this The story of entrepreneurship One day in the city of nowhere Some young children went to the wisest man in town and asked him The wise one we want to know our future. Can you tell us the profession that can suit us? The wise one answered sure, but I will need you to stay in my house till tomorrow evening The children agreed to stay in the wise man's house So the next morning the wise one called all the ten children and announced to them This morning you all get three slices of bread. You have the liberty to eat all But if you wish to keep one you'll get two more for the one you keep in the afternoon And if you wish to keep two you'll get five in the afternoon for the two you keep Five hours later the wise one called for a meeting to confirm who out of the children kept their bread Seven out of the ten children ate every bread they were given Two kept one and one of the kids kept two slices of bread The wise one said to the seven children who ate all the slices of bread they were given You'll have to stay with me a few more days for me to know whom you would likely become To the two who kept one slice of bread the wise one said This is your future. You'll rise to become the managers and CEOs of some big companies To the single child who kept two out of the three slices of bread the wise one said This is your future. You'll build a great company You see the single most important attribute of every successful entrepreneur is the ability to keep two out of three slices of bread The number one reason why most people can never become successful entrepreneurs is because they can't delay gratification If you can delay gratification you can become an entrepreneur Patience is old-school Our forefathers were lucky in one sense. They lived at a time when patience was needed for everything Our great-grandfathers had to walk miles with their foot because only the rich called our Ford cars For them to communicate with your family who is in the next city They had to write letters and wait patiently for a month or two before they get a reply They were farmers and that meant that they had to plant nurture and patiently wait for the harvest Because almost everything in their life required patience. They made patience their habit Today we have everything faster than the speed of light Do you want a new phone? You can press some buttons and Amazon brings it to your door You want to communicate with your friends in Asia Africa or Europe? Don't worry. You can reach any one of them within 10 seconds of our social media Do you want to be rich? Well, just listen to what the guru has to say. They have magic You can use to make a million dollars next month, but you have to pay them a few dollars to get the secrets So that's what the guru said now we live in the age of no patience We live in an age where nobody wants to wait for anything not even success as an entrepreneur We live in an age where everyone wants success But we want it now and with this mindset you cannot build a successful business Because building a business is like building a skyscraper It takes months of planning and preparation and sometimes years of building if you are not patient You can't build a business the world of materialism I strongly believe that most people in the world are sick in the head I mean I've seen enough stupidity to believe this is true I've seen people who buy phones as expensive as their one-month salary People buy cars as expensive as their entire yearly income People live in homes. They can't afford people buy expensive wristwatches just to show that they have arrived To me something is wrong with the world I mean, how can people dig their own grave and bury themselves? But let's talk about entrepreneurship. You see starting a business is like having a child or 10 children Because it's that expensive when you have 10 children. You don't think about your personal needs. Do you? If you have 10 children, would you earn $5,000 a month and spend $1,500 on a phone? If you have 10 children, would you earn $5,000 a month and use $3,000 to buy a watch? If you have 10 children, would you go and live in the most expensive island in your country where you use 70% of your income to pay rent? You probably won't do that So it is that if you want to be an entrepreneur, you must behave as if you have 10 children and those 10 children are your businesses Your business must be more important to you than your comfort Your business must be more important to you than driving a beautiful car Your business must be more important to you than what other people will say about you You must be able to keep two out of three slices of bread. You must be able to delay gratification or else You won't have success as an entrepreneur living for tomorrow I have a friend who is an employee for many years. I was poorer than him I was poorer than him because I invested every dollar I had until he spent every dollar he had on phones furniture and a big wedding Today I'm 10 times richer than him, but he will think it's luck Well, it's the liberate. Entrepreneurship is about living in the future Can you sacrifice 10 years of your life so that you leave the rest of your life like a king? Can you sacrifice five years of your life so that you can live like a prince thereafter? If you can't keep two out of three slices of bread, you can't be an entrepreneur If you're less than 25 as you watch this video You should be willing to sacrifice the next one decade to live like no one so that you thereafter live like no one If you're in your 30s, you should be able to sacrifice five years of your life to be who you really want to be If you are older, you still have to sacrifice Sacrifice, sacrifice, sacrifice. That's another name for entrepreneurship Can you keep two out of three slices of bread? If you can't keep two out of three slices of bread, you can never be an entrepreneur Thank you very much for watching our videos We'd like to give you another interesting video for you to enjoy next But before then our team will be very happy if you can like this video and share it with your friends on social media If you're new here, don't forget to subscribe so you won't miss other interesting videos like this Now look at your screen to see two other videos we handpicked for you to enjoy next. We love you