Cyber Monday Sale! 50% Off All Access

Want to Succeed? Learn to Say 'No' As a first-year founder and entrepreneur, saying "yes" to every opportunity can hurt your chance of survival.

By Ginni Saraswati Edited by Micah Zimmerman

Key Takeaways

  • Achieving growth comes when the word "no" plays a bigger role in your life.
  • Prioritize being present so that those who rely on me and me can have our needs met first.

Opinions expressed by Entrepreneur contributors are their own.

A goal of mine this year has been to be super intentional with my time. The path to intentionality, I have learned, is a paved road with two parallel lanes. The left lane is about practicing discipline when it comes to focus and how your time gets allocated. The right lane is paved with the lessons of a two-letter word that should have been used more often.

Stage I: The time to grow

Growing a business is a symphony of yeses. As a first-year founder and entrepreneur, I was saying "yes" to every opportunity, course, seminar, coaching strategy and meeting because I was in the building stage of my business.

For me, being mandated to stay indoors during 2020 wasn't the time for making sourdough or catching up on my reading. It provided a rare opportunity to focus solely on growing my business. In February of 2020, we had 6 team members. By the end of the year, we had grown to 24! Purely organically, with no outside investors, all the while navigating the shifts and changes of the world around us.

Related: Learn to Say No to These 3 Things to Take Your Business to New Heights

Stage II: Life and the in-between

The last four years have been years of extremes for me. Joy, sadness, growth, forced stillness and counting down the days until something was over. It's been a time for me to learn patience and endurance while simultaneously not letting my business fall through the cracks.

Losing my mother in early 2021 at the height of worldwide restrictions and lockdowns meant that I had to endure a 14-day hotel quarantine immediately after the long flight back to Australia. Once released, we could spend our final 11 days together, and then she was gone.

Following this loss, I had to hunker down unexpectedly in the closest non-Schengen country for two weeks before being allowed to return to the US. Waiting to leave hotel quarantine, waiting for the impending loss of a parent, and then waiting to leave Romania so I could return home to NYC, it felt like I was facing struggle after struggle, and time went at vastly different speeds. I was also (somehow) juggling a global team as business was booming. How did I get through that and still have most of the hair on my head?

On the joy front, 2022 and 2023 brought many gifts. I fell in love and got engaged. This time was rich in terms of my personal life. When you put it all together, these years changed me, and the contrast between them was profound.

Related: How to Harness the Power of Change in Entrepreneurship

Stage III: Embracing the power of no

As things began to settle, and I passed life's infamous "Hey, here's everything all at once!" test, my company emerged from its transformation cocoon. It was evolving into something bigger, more mature, and more stable. I knew that if my business and I were going to survive this evolution, I had to learn to pull back the reflex to say "yes" to everything that came my way.

I now have a process when it comes to a new opportunity, a fresh business venture, continuing a current venture, or involving myself in anything that requires a time and energy commitment.

Here are the guidelines I follow before entering a new project:

  1. If I'm not very excited, the answer is "no."
  2. If I don't need to go for a walk to release pent-up excitement, the answer is "no."
  3. If it doesn't allow me an avenue to give back, the answer is "no."

My experiences have taught me to prioritize being present so that those who rely on me and me can have our needs met first. Achieving this has meant that the word "no" plays a bigger role in my life. My "yeses" are reserved for the guidelines I've put in place and, by extension, for my team, my fiance, and those closest to me.

It's a stage of maturity in entrepreneurship and also a privilege, I might add, to go from a "yes" person to someone who is selective and intentional when opportunities arrive. But there's a lot of wisdom gained along the road. As James Clear writes, "The amateur does not know what to do. The master knows what not to do." With every "no," I'm learning to master this journey better.

Ginni Saraswati

Entrepreneur Leadership Network® Contributor

CEO

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

Business News

Elon Musk Still Isn't Getting His Historically High Pay as CEO of Tesla — Here's Why

A second shareholder vote wasn't enough to convince Delaware judge Kathaleen McCormick.

Leadership

Leadership vs. Management: How to Understand the Difference and 6 Ways to Bridge the Gap

Here are the key differences between leadership and management, highlighting their complementary roles and providing six strategies to develop managers into future leaders.

Growing a Business

Her Restaurant Business Is Worth $100 Million — Here's Her Unconventional Advice for Aspiring Entrepreneurs

Pinky Cole, founder of Slutty Vegan, talks about going from TV producer to restaurant owner, leaning into failure and the value of good PR.

Legal

How Do You Stop Porch Pirates From Stealing Christmas? These Top Tips Will Help Secure Your Deliveries.

Over 100 million packages were stolen last year. Here are top tips to make sure your stuff doesn't get swiped.

Business News

'Something Previously Impossible': New AI Makes 3D Worlds Out of a Single Image

The new technology allows viewers to explore two-dimensional images in 3D.

Business News

'I Stand By My Decisions': A CEO Is Going Viral For Firing Almost All of the Company's Employees — Here's Why

The Musicians Club CEO Baldvin Oddsson fired 99 workers at once over Slack for missing a morning meeting. But there's a catch.