Being your boss does seem like a satisfying phrase to hear, isn’t it? But entrepreneurship has been glamorized in a way that people start to create misconceptions about it.
Little do people know the ups and downs of entrepreneurship.
Running your own business can be exciting but highly stressful as well. You either up for the ride, fall in between, or succeed thereafter. In today’s time, who doesn’t want to control things and earn as much as they can?
Entrepreneurship can possibly make it happen. Yet, if you are one of the several people who want to build their own business, here’s what you should know.
The Downs(ide) of Entrepreneurship
Not to be offensive, but Entrepreneurship is not for everyone. Ever since it has been a place that allows you to have a series of setbacks and failures. But what makes this possible?
It is Simply Tiring
One of the most important yet overlooked aspects of long-term business success is probably the qualities of showing enough ‘stamina’ and ‘energy.’
Even if you won’t use enough manpower, the whole process of running a business is tiring.
If we look into statistics, about 45% of businesses fail within five years of their operation, while around 25% of companies only make it 15 years or more.
What is the difference between those who last and those who don’t?
The market world is constantly changing every single time. What’s on-trend may not be after a few weeks. For this reason, an entrepreneur should be able to continually adapt to these changes so they won’t get left behind.
To last long, an entrepreneur should have enough stamina and energy, especially in the first year of business, to tolerate ‘entrepreneurial’ pain for a more extended period.
It’s essential to stay healthy both mentally and physically. Move around if you’re sitting for too long. Take breaks as you work entirely throughout the day.
Moreover, eating healthy foods and getting a good sleeping routine would practically help you achieve the ‘stamina’ and ‘energy’ you need in running your business.
Failure Has Always Been A Part of the Process
The process of ‘trial and error’ made many entrepreneurs earn from zero to millions of dollars. Failure is inevitable, but repeating the mistake resulting in failure is a choice.
But for you, how would you define failure? Is it a monster that hinders you from growing, or is it a painful lesson to teach you what to do and what not?
One business might undergo a series of compromised situations. If this happens, are you going to follow a quitter’s path or take some time to think about what went wrong and made necessary changes?
It is highly recommended to focus on your goals and how to achieve them. Avoid situations and people that would make you feel discouraged. And even if you feel demotivated, meditate on your success and repeat in the same process in achieving that.
Nothing Will Go the Way You Expect
Let’s say you have a business strategy planned for months or even years. You know that this is a course of action for your next move and the strategy that will take you and your business to the next level. But when you were about to implement them, nothing went according to plan. What should you do?
Business is a volatile place. Nothing is permanent, and not everything will go into its place. Even if you think you’re confident in your plan, it may still not go well. What’s the solution?
Constantly reinvent yourself and be open to changes. More likely, get comfortable in being uncomfortable and expand your comfort zone to see the world gradually changing as time goes by.
The Ups(ide) of Entrepreneurship
Starting from the bottom and getting to the top is exceptionally satisfying. Entrepreneurs who spend every resource consider success as a pleasure, which most of us want to achieve.
But do you want to know more about what else entrepreneurship offers?
Business Achievement is Definitely Rewarding.
How does it feel when you achieve something you have been planning, practicing, and dreaming of for years?
Being rewarded for something you’ve been working hard on and spending most of your resources for is probably one of the best feelings in the world!
Satisfaction is highly regarded as addictive, which is why some entrepreneurs are addicted to marketing success!
It is as if you’re running in a marathon. At first, everybody passed by you, and you don’t realize that you’re starting to fall behind.
It is your choice who you want to become, (1) those who make excuses and think that is impossible, or (2) those who will do it anyway even if the odds are not in favor.
Even if it seems impossible, you still wanted to give it a shot, do your best, and overtake people. Just imagine what it feels like after a tiring time in running and succeeding in it. The glorious and satisfying feeling of being rewarded is the exact feeling you can experience in the business world.
Don’t miss out on the experience.
Unlimited Earning Possibilities with a Lasting Legacy.
Being in the marketing industry allows you to discover many different things. Furthermore, it also allows you to juice out creative ideas and possibly earn in multiple streams of income, whether that starts off with a hundred dollars up to six- or seven-figures.
The only thing that may slow you down is yourself. But if you’re willing to achieve your goal and do the work, you can definitely expand yourself infinitely and be a part of the inspirational entrepreneurs who changed the world.
You Take Control!
One of the most precious things we have is time. It’s irreplaceable. Once you spend it on unnecessary activities, it’s gone forever.
But what if I told you that being an entrepreneur allows you to take control, working for some time you set for the day, while still earning? Indeed, you won’t have to adjust to the typical 9-5 work series just to support your family and pay bills.
Entrepreneurs base their businesses on their lifestyles and passion, so the ‘work’ doesn’t have to be dull or forceful. They can work anywhere and anytime they want!
Do these ideas want you to become one of them?
The stereotype of grinding and hustling in the Entrepreneurial world is highly unhealthy and may not go well with everybody. But If you’re ready to face tiring activities, allow setbacks, and understand that unexpected events are bound to happen, then you are one of the several people with entrepreneurial calling.
On the other hand, you wouldn’t miss experiencing the rewarding feeling of achievement, the doors to unlimited earning possibilities, and being able to take control of things when you started your own business.
Other people’s decisions don’t define you and vice versa. For every choice you make, make sure that you live your life to the fullest, allowing your legacy to live forever.
The only question now is, ‘Is the bright side of entrepreneurship bright enough to outshine the dark?’
