5 Mistakes Most Founders Make - Let's Play Grant Stain Bingo

Let’s be honest: most people in my position would tell you that they want to help everyone. They’d post some fluffy quote about "unlimited potential" and invite you to "jump on a discovery call" so they can sell you a dream wrapped in a 12-month contract. I don’t do that. In fact, I turn down about 80% of the founders who reach out to me for coaching. Does that make me a bit of an arse? Maybe. Does it make me elitist? I hope not. The intention is to ensure I'm effective. I’ve spent over 20 years in the trenches. I’ve personally founded 24 businesses in five different countries. If there’s one thing I’ve realised, it’s that most founders aren't looking for a coach, they’re looking for a miracle. And I don’t sell miracles. I sell systems, accountability, and the hard-won perspective that comes from two decades of seeing what actually works. If you’re wondering why I might say "no" to you, or more importantly, how you can become the kind of founder I say "yes" to: read on. The "Spark" vs. The "Curiosity" Most founders come to me because they are "curious" about coaching. They’ve heard it’s what successful people do. They think a weekly Zoom call will magically fix their cash flow or settle their internal team dramas. Curiosity is cheap. Commitment is expensive. When I talk to a founder, I’m looking for a specific "spark." It’s not about how much money they’re making right now; it’s about their hunger for freedom and their willingness to set their ego on fire to get it. I work with people who are obsessed with making their own choices. People who realise that being a "boss" is meaningless if you’re still a slave to your inbox and your overheads. If you don't have that fire, no amount of coaching is going to ignite it for you. The Magic Pill Delusion Here is a reality check: Coaching is not a magic pill. If your business is a flaming inferno of half built bridges because you refuse to look at your numbers, a coach isn't a fire extinguisher. If you’re lazy, a coach isn't a shot of adrenaline. I’ve seen founders treat coaching like a confessional. They show up, admit their "sins" (I didn't do the work, I didn't hit the targets, I got distracted by a new shiny object), and expect me to absolve them so they can feel better. Not on my watch. My coaching is for the founders who understand that I am the Obi One, but they are the Luke Skywalker. I provide the experience, I point out the pitfalls, and I show you the shortcuts I’ve found over 20 years from either falling through them myself or narrowly avoided thanks to my coach at the time (or Yoda, lol - love a Star Wars metaphor!). If you’re looking for someone to do the work for you, you aren't actually ready to be an entrepreneur. 20 Years, 300+ Startups, 12 Countries Why am I so picky? Because my reputation is built on real experience, not just coaching qualifications. I’ve seen the 7 fatal mistakes solo founders make played out in real-time, over and over again. I turn people down because coaching is about the right fit and feeling very confident that my mentee is someone I know I can help: either because they are ready to listen or because they have built a foundation worth scaling yet. The Foundation: Are You "System-Ready"? Being "ready" for high-level coaching means you have a foundation. You can’t build a skyscraper on a swamp. Before I even consider working with someone deeply, I want to know about their systems. Not just their CRM or their marketing tech stack, but their personal operating system. 1. The Morning Routine Winning the day starts with managing mindset first and foremost. My clients know that discipline is the prerequisite for freedom. If you can't manage your first two hours of the day, how on earth are you going to manage a scaling organisation? 2. The 7-Goal-Setting Process I’m a fanatic about goal setting. But not the vague "I want to be rich" nonsense. I use a specific 7-goal-setting process that covers every area of life: Business, Finance, Health, Relationships, Learning, Giving, and fun. If you don't have a target, you’ll hit nothing every single time. My coaching is about alignment. If your business is thriving but your health is in the bin and your relationships are failing, you aren't successful: you’re just a high-earning wreck. Why I Choose the 20% The 20% I do work with? They are the good fit, coachable maniacs who get that being an entrepreneur is a lifestyle in itself not the vehicle to the lifestyle. They are the ones who realise that the ultimate currency isn't GBP or USD: it’s choice . They want to work towards the privilege of building a legacy whilst still having the time to be with their families, whilst creating something that actually outlasts them. They understand core values aren't just something you print on a poster; they are the DNA of the company. When I find a founder who has that spark, who is disciplined, and who is ready to be challenged, we do incredible things. We don't just "grow" the business; we transform it. How to Know If You’re Ready So, are you part of the 80% or the 20%? Ask yourself these questions: Am I looking for a mentor or a babysitter? (If you need someone to remind you to do your basic tasks, you need a virtual assistant, not a coach.) Am I willing to be told I’m wrong? (If your ego is too fragile to hear that your "brilliant" idea is actually a bottleneck, don't call me.) Do I have a baseline of discipline? (Have you mastered your morning? Have you tried to implement a system like the 7-goals-poster ?) Is my business "coachable"? (Do you have a product or service that actually provides value, or are you just "grinding" for the sake of it?) If you can answer those honestly and still feel like you’re ready to level up, then maybe we should talk. Don't Guess. Test. I don’t expect you to take my word for it. Most founders think they are ready, but they haven't actually looked at the data. Before you even think about applying for entrepreneur coaching , take the strengths test . See where you actually stand. I’m not interested in working with the version of yourself you project on LinkedIn. I’m interested in the version of you that shows up when things are falling apart and the pressure is on. The Bottom Line I turn down 80% of requests because I value my time, and I value yours. There is no point in me taking your money if you aren't in a position to execute the strategies I give you. It’s bad for my brand, and it’s a waste of your capital. But for the 20% who are ready... for the founders who have the foundation, the spark, and the absolute refusal to settle for a "normal" life... the results are nothing short of life changing (you see why I love my job!). Success isn't about working harder; it's about working with the right people, with the right systems, at the right time. Stop being "curious" and start being committed. If you think you're ready to be one of the few, get in touch . But don't be surprised if I tell you you’re not there yet. I’d rather tell you the truth today than watch you fail tomorrow.  To your success, Grant

Let me guess: you've been scrolling through Instagram, watching people your age sipping cocktails on a beach at 2PM on a Tuesday, captioning it "living the laptop lifestyle" or "escaped the 9-5 grind." You've seen the Lamborghinis, the "passive income," the overnight success stories. And you're thinking, "Yeah, I could do that. I'll work hard, hustle a bit, post some motivational quotes, and boom, financial freedom." Right? Wrong . Listen, I've coached over 300 startups through their early days, and I need to tell you something that the Instagram gurus won't: most people who start businesses fail. And I don't mean they fail spectacularly in some heroic blaze of glory. I mean they quietly earn less than they did in their job, work twice the hours, and eventually slink back to employment with their tail between their legs. Sound harsh? Good. Because if that scares you off, you've just saved yourself years of pain and a hefty chunk of money. The Numbers Don't Lie (Even When We Want Them To) Let's talk facts, because I'm not here to blow sunshine up your backside. " Only 4% of startups ever hit £1 million in turnover." Four percent. That's 96 out of every 100 businesses never getting anywhere near that magical seven-figure mark that sounds so good on a podcast. And for those lucky few who do? It takes an average of 2.5 to 3 years minimum. Many don't see it within 5 years. That's three years of grinding, pivoting, barely paying yourself, and wondering if you've made a massive mistake. Here's the kicker: " 41% of small business owners earn less than they did in their previous 9-5 job ." Less. After all that risk, all that stress, all those 60-hour weeks, they'd have been better off financially staying put. Over 20% of businesses fail within their first year. Nearly half don't make it to year five. And of those solo entrepreneurs dreaming of building a team and "scaling"? Only 3-17% ever grow to hire employees and become actual employer firms. These aren't stats I'm pulling from some doom-and-gloom think piece. This is reality. This is what happens when passion meets market forces, when optimism crashes into cash flow problems, when "I have a great idea" meets "the customer doesn't actually care." So Why Am I Telling You This? Am I trying to put you off? Kill your dreams before they start? Absolutely not. I'm trying to save you from being another statistic. Another person who quit their job on a wing and a prayer, burned through their savings in 18 months, and had to explain to their family why they're moving back in at 34. The issue isn't that entrepreneurship is hard, we all know it's hard. The issue is that most people think they're ready when they're absolutely not. They confuse excitement with preparation. They mistake motivation for capability. After working with hundreds of founders, I can tell you this: " Entrepreneurship isn't about the destination, it's about whether you've got the foundations to survive the journey." The lifestyle you see on social media? That's year 7, not year 1. And most people never make it past year 2. The Unsexy Truth About What It Actually Takes Here's what nobody posts on Instagram: You're going to work more hours than you ever did in your job. Your first year? Think 50-60 hours a week, minimum. Weekends included. No, you can't outsource everything on day one, you haven't got the money. You're going to earn less. Probably for at least the first year, maybe longer. Can you handle that? Can your family? Your mortgage lender? You're going to question yourself constantly. Every day you'll wonder if you're deluded. Every setback will feel personal because it is personal, this is your baby. You need to actually know how to run a business. Not just do the thing you're good at, marketing, design, whatever, but understand P&Ls, cash flow, break-even points, customer acquisition costs. When's the last time you read a balance sheet? Do you know what gross margin means? These aren't optional extras. They're the difference between profit and bankruptcy. You need support systems. Mentors who've been there. A partner who understands why you're stressed. Friends who won't roll their eyes when you cancel drinks for the third week running. Family who won't tell you to "just get a real job" the first time things get tough. Before You Quit Your Job, Answer These I've developed a framework over the years for assessing readiness. Not readiness to have an idea, everyone's got ideas. Readiness to actually build a business that doesn't destroy your life. Can you honestly answer yes to these? - Have you done the research and actually understand the market? - Do you have 6-12 months of living expenses saved (not just "some savings")? - Have you created a proper business plan with realistic financial projections? - Do you know your break-even point and startup costs down to the pound? - Can you identify your exact target customer and why they'll buy from you instead of your competitors? - Are you prepared to potentially earn less for the next 2-3 years? - Does your family support this decision, or are you going to be fighting battles on two fronts? If you're hedging on more than two of these, you're not ready. And that's okay, better to know now than after you've burned your bridges. It's About the Foundations, Not the Flash Look, I'm not trying to crush your entrepreneurial spirit. I've built businesses. I've helped 300+ companies get off the ground. I believe in entrepreneurship, done right. But "done right" means building proper foundations before you start stacking up floors. It means developing the skills, knowledge, and mindset that separate the 4% from the 96%. The entrepreneurs who make it aren't necessarily the most talented or the ones with the best ideas. They're the ones who prepared properly. Who learned the fundamentals. Who built systems instead of winging it. Who understood that success is about doing boring things consistently, not having one viral moment. They're the ones who treated entrepreneurship as a serious professional decision, not an escape plan from a job they didn't like. The Real Question So here's what I want you to ask yourself: are you running toward something, or running away from something? If you hate your job and think starting a business will be easier, I've got bad news. It won't. It'll be harder in ways you can't imagine. But if you're genuinely prepared to work harder than you've ever worked, to learn things that don't come naturally, to sacrifice lifestyle in the short term for a potential long-term payoff, and you've got the foundations in place, the knowledge, the savings, the support, the actual plan, then maybe, just maybe, you're ready. And if you're not ready yet? That's brilliant. Because now you know what you need to work on before you take the leap. The wannabe entrepreneurs quit their jobs tomorrow and hope for the best. The real entrepreneurs build their foundations first , develop their skills, understand the reality of what they're getting into, and then make their move from a position of strength, not desperation. Which one are you going to be? To your success, Grant

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