Right now the word entrepreneurship is a buzzword.
Every second person you meet claims to be an entrepreneur.
Most of those people come and go.
If you see them 6 months later they quit “being an entrepreneur” and they are back doing something else.
Then there is another group of people who don't call themselves entrepreneurs.
They just want to make money and lots of it.
The only thing holding them back is the fear of going out there and taking action.
If you are serious about going out there creating value and being rewarded for it financially then you will feel fear.
Being An Entrepreneur.
It's Not For Everyone.
The truth about entrepreneurship is that it's not for everyone.
Not everyone is built to be an entrepreneur.
By build, I don't mean in terms of being “naturally gifted” at numbers or business minded.
I'm talking about something else.
The Most Important Quality.
The most important quality you will need to be successful as an entrepreneur is being able to live with a large amount of uncertainty and risk.
Some people like the certainty of a steady paycheck every month.
That is fine.
However, as an entrepreneur, you live with the risk of failure and losing everything.
The flip side of this is that the reward of entrepreneurship is massive.
Once you have settled into being an entrepreneur and committed to it as a lifestyle then you start building your financial resources and assets.
Then you can start managing risk better but it never really totally goes away.
But most entrepreneurs will tell you that feeling of going for it is what makes it so exciting.
It makes the payoff so much more rewarding.
The Reality Of The Game.
Being an entrepreneur isn't for everyone ,it takes a certain type of person to make it in the world of business.
It requires not just dedication and hard work, but also ambition, resilience and an aptitude for taking risks.
It's not as simple as having a great idea: you need tenacity to turn your big dreams into a reality.
Additionally, it's not all about fancy titles and big paychecks; entrepreneurs often there's a lot of sleepless nights, financial instability and stress when starting out!
Clearly, if you're looking for the easy life entrepreneurism is probably not the career path for you.
It's an emotional and financial risk.
It's not for everyone.
But if you want to see if you can stretch the envelop and make a difference on this planet then entrepreneurship is for you.
If you are comfortable being outside your comfort zone then entrepreneurship might be for you.
If it's moral, ethical and legal then go for it and don't give up.
You can't hit it out of the park if you don't take a swing.
Take A Shot.
Maybe you are sitting on the fence about becoming an entrepreneur?
But you think you have the courage to step up and play the game.
Then do it!
You are not going to know if its for you if you don't take a shot.
But you have to realize that it's not an overnight success story.
Success takes time, hard work and patience.
Don't expect to become a millionaire overnight.
But expect rewards if you create a lot of value for a large number of people.
I Hated Working 9-5.
For me, I was bored and unhappy with how my life was going.
I never felt comfortable having a normal 9-5 job and slogging away for 40 years and waiting to retire.
I was reluctant to spend money knowing that I might never get it back.
But once I made my first dollar I never looked back.
You realize that if you can make $1 you make $10 and if I can make $10 I can make $100 and then $1000……….
A large part of it is a belief in yourself.
And your ability to keep going even when it seems like things are falling apart and still staying the course.
Failure Is Part Of The Game.
I have had my fair share of failure.
Some projects failed.
Some failed badly.
Some were complete train wrecks.
But I always came back and tried again until I got a bit of momentum and got things going again.
Then I took that momentum and build it into something great.
For those looking to join the entrepreneur lifestyle, one thing is for sure ,risk and uncertainty will always be a part of the equation.
Whether it's new products or platforms, investments or deals, you'll have to learn to not only accept, but also manage these inherent risks if you ever want to get close to success.
After all, without a little bit of uncertainty and an understanding that failure sometimes leads to ultimate success, many entrepreneurs would simply never get off the ground.
So if you're really feeling ambitious and think you have what it takes to make it as an entrepreneur, remember that calculating risks is just part of the game.
Being an entrepreneur is tough,no doubt about it.
But one thing that makes the work even harder is having to overcome fear.
Fear of failure, fear of success, the unknown.
It's easy to be intimidated into thinking that what you're doing isn't worth it, and this can become particularly intense when you hit roadblocks or are facing uncertainties about the future.
However, tackling your fears head-on is key to becoming a successful entrepreneur; without conquering these obstacles, success won't happen soon, or ever!
It may feel uncomfortable to put yourself out there often, but fear should never become an excuse for playing it safe when it comes down to entrepreneurship,after all, burying (and conquering) fear is what will lead you to ultimate success in entrepreneurship.