Startup Hacks
5 Secret Things Nobody Tells You About Being An Entrepreneur
At this moment, I am certain that there are a notable number of people who are currently thinking of quitting their jobs and dreaming of starting their very own business and becoming an entrepreneur. Although this sounds a little exciting to leave a job and become your own boss, there is also a darker side of being an entrepreneur.
Moreover, you won’t be warned of this darker side when it comes to being one, things turn out to be complicated. Here, we share some secrets that no one will tell you about being an entrepreneur.
1) Having passion alone is not enough
Yes, having passion will prevail but passion alone doesn’t work. Along with passion, you need to have two other factors – Patience and Endurance. If you don’t believe in your dreams or if you aren’t highly motivated, you won’t succeed. You are a creator of your own destiny. If you haven’t found your destination, don’t settle. Keep looking.
2) This is a dark secret
It is surprising to learn that up to 99 percent of new businesses fail within a year including entrepreneurial startups. It is always inspiring to hear about Facebook or Whatsapp, but this is an inner fact.
3) You have to manage yourself first to lead others
A leader tells you which direction to go without necessarily not telling you. While a good mentor is someone who travels the path along with you to help reach the destination. Now, it is your turn to choose between being a good mentor or a leader.
Entrepreneurship is all about having a successful idea and being the best leader or mentor depends on how you manage yourself.
4) You are not the original boss
Yes, you may be the Founder, the CEO or the President of your company, but you are not the boss. In fact, Your real boss is your customer. Once you have your customers who reach you, this is the right time you respond to their needs rather than just build the infrastructure of your business. These customers are the people who invest in you and your business.
5) Entrepreneurship is not for everyone
It’s okay! Entrepreneurship is not everyone’s cup of tea. No matter how great your plan and how focused you are on your vision, it always comes down to execution to build a successful business. Take massive actions and success will only come from hard work.
Failures are just lessons. The faster you fail, the quicker you succeed. However, do not get confused between a defeat and a final defeat.
Still, have the thoughts of becoming an entrepreneur. Well, go get it!
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