Some people consider worldly success, such as success in entrepreneurship, to be incompatible with spirituality.  “It’s a dog eats dog world.” they’d say, “If you want to succeed, you do whatever (dirty things) you must do. Then you dress up and go to church on Sundays.  If you want to embrace spirituality full time, stay in the convent, or at least stay in the clean low-paying job.”

I disagree.  In this article, I want to show you how spirituality can help new entrepreneurs in two major challenges they face in starting their own business.

For the purpose of this article, I am defining spirituality as our awareness of higher purpose and power.  That invisible something that transcends us as individuals.  I am not affiliated with any organized religions.

Spirituality offers sustainable motivation

I find it quite dangerous that so many people want to become their own boss because they hate their current jobs.  They want to escape from what they hate, be it the boring job itself or the demanding boss or the work environment.  I don’t say this is no good for moral reasons.  If you don’t like something or someone, then it is so, it’s not good or bad.  I find it dangerous because the escape mentality doesn’t offer any sustainable motivations.
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For years, I had heard that in Chinese, the word for crisis is the same as the word for opportunity. Recently I learned that the more popular story is that the Chinese word for crisis consists of two characters: one meaning danger, and one meaning opportunity. Both stories are interesting, but neither is true. While there’s some disagreement, there is little evidence to suggest that the word for crisis was derived in such a way.

But etymology aside, a crisis and an opportunity really aren’t that different, are they? Each is a critical point at which events will turn for the better or for the worse. A mishandled opportunity become a crisis, and a well-managed crisis becomes an opportunity. The most important factor is not the challenge itself, but how you handle it.

Everyone knows that the U.S. is in the middle of a huge financial meltdown. But the events are what they are, and worrying about things won’t change them. So you can either address the situation as a crisis or as an opportunity.
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Image courtesy of Mugley.

Right now, the news coverage is overloaded with stories about the economy.  This is completely understandable, because recently there have been some very interesting developments in the global economy.  What’s unfortunate about the media coverage is that the majority of it is focused on trying to “make sense” of the current situation. Sadly, that approach just seems to be causing more and more confusion and panic. Personally, I believe in the concept that one should focus 10% on the problem and 90% on the solution.

Crystal Ball Gazing

We have “experts” looking at the past, comparing it to the current situation and then extrapolating what this will mean for the future.  I find this approach very interesting because almost every financial prospectus comes with the fine-print warning that past performance does not predict future results. Just because something happened in the 1930’s does not mean that it is directly relevant to our present-day situation.
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When it comes to business and economy, bad news is pouring like rain; go to any news website or social bookmarking website and you will find scores of links telling you what a mess we’re in. Businesses are crumbling, banks are failing, real estate is dissolving, and a new study has revealed that 80% Americans are stressed due to the prevalent economic conditions (Source). So when it seems the skies are falling, I know it may feel like rubbing salt over the wound if I tell you such conditions can be used to your benefit.

I’m not saying take financial, emotional or physical advantage of your family members, friends, colleagues, or neighbors. Whether we like them or not, adversities are like vaccinations that make us stronger as individuals, as a society and as a civilization.  It is through hardships that we become more perceptive towards human values, towards togetherness and towards the beautiful world around us. Whenever we have grown as people it has been through hardship. Unfortunately the law of survival of the fittest manifests most prolifically during such times; some people survive and come through victorious and some don’t (the recent family-suicide-cum-murder).

So what makes you victorious, what differentiates you from those who succumbed to the pressure and couldn’t make it? You are victorious when you can use even adversity to your advantage.  Here are a few things to consider:
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