The unpleasant truth is that what it is - to be an entrepreneur
His Work / / December 26, 2019
Many dream to throw a boring job from 8 to 17 and become an entrepreneur. Who is not tempted by the idea to set up their own business and be your own boss? But businesses are pitfalls, which we usually do not think. Larry Kim, a well-known entrepreneur, shared his experience in this difficult matter. Layfhaker publishes a translation of his article.
Kim Larry (Larry Kim)
Entrepreneur, creator of the platform for online marketing WordStream.
You will not be a second Steve Jobs, if you drop out
Many people mistakenly think that only the shackles of higher education prevent them create the next successful corporation like Apple. But you will not become a millionaire, dropped out, - ask any employee of McDonald's (not so much in the McDonald's work was something shameful).
Neither Steve Jobs or Bill Gates did not give up the university to sit back and play computer games. Jobs continued to listen to lectures more than a year after the official retirement from the university (he later He named one of the class on calligraphy inspiration), and Gates was planning the future of their companies well before tossing Harvard.
Such people - a rare exception. Chances are, your business experience will be much more successful if you first complete the training.
And since we were talking about tuition: Einstein did not failed the math exam, he was a brilliant student and mastered the mathematical analysis of 15 years. And he married his first cousin and never (if ever) to life was not wearing socks, so maybe it is time to stop considering him a role model in everything.
You have to be supermotivirovannym
Just say that you have to be independent, - to say nothing. You will have to solve all the problems, to engage with marketing and public relations, to coordinate finances and communicate with customers. Yes, over time, you may receive the own team, but in the beginning will have to do everything alone. And this, as you can easily imagine, actually means that you will be able to constant stress.
Of course, if you're really motivated, this experience will bring you many benefits.
You will not get rich immediately
When your business starts to grow and generate income, it's wonderful. But this is just what lies the danger: the money and pulls spend to reward yourself for the hard work (who does not want to feel like a superhero, traveling on brand new Tesla). However, it makes more sense to invest all profits from business in its further development, at least in the beginning, rather than treat their work as just a pig-coin box.
Procrastination - a death sentence for Business
In school, procrastination - just a bad habit. Yes, before the exam you will have to stay up all night and drink gallons of coffee, but in general, nothing terrible will happen.
When you crank the business, behind you there is no teacher, no boss. You set for themselves hours and change to suit pajamas. Your "office" roams between the nearest coffee shop and your sofa. All this is especially dangerous for people prone to procrastination. You constantly have to force myself to get back to work as though you would like to see another series "Game of Thrones."
A dream team to create not so easy
Even when you are 100% confident in your idea, friends and colleagues may not share your enthusiasm. Do not be surprised if they refuse to join you on a journey to the magical country of start-ups.
We all need to pay the bills and provide for their families, and few are willing to risk to go into business. To convince potential team members, your idea though how many is deemed reliable, you should show them real results, but it needs to develop business skills and invest in your business.
Your pride can seriously hurt
The cruel reality is that nearly 80% of all entrepreneurs burns. In this case, your failures become public, so be prepared: the question, "Well there's your business?" You will ask all the relatives, friends and acquaintances.
Get over the idea that you will fail. But instead revel in their grief, to draw conclusions from their mistakes. You may need a few tries to find his lucky ticket.
More success has never been so pleasant
Yes, being an entrepreneur is not easy, but the return on this activity can be enormous. We often hear it's nice to watch the development of their business, but until you will experience this for yourself, you will not be able to fully represent all the joy and pleasure of business.