I have discovered that when it comes to building a successful and thriving business as an entrepreneur, you are your own greatest threat. A great business, a great team, a great life, and a secure future is something you create yourself. The sooner you realize that, the better it is for you.

Imagine you are sitting in your house and it's a beautiful night and everything looks perfect. You get up from where you are sitting and you are walking to the kitchen to get a glass of water. As you are walking, you suddenly feel light headed and dizzy. Your whole body starts feeling funny and you can't think straight.

What type of mindset do you have? In a ground-breaking research study conducted by John-Erik Mathisen and Jan Ketil Arnulf at BI Norwegian Business School, there are two mindsets that most aspiring entrepreneurs have, one of which is likely limiting your potential as an entrepreneur.

The biggest mistake you can make in business and in your life as an entrepreneur is to try and protect yourself from failure. If you want to become who you want to be, you must be willing to fail. If you want to get hired, you must be willing to get fired.