Is Entrepreneurship For You?
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Is Entrepreneurship For You?

There is, and has been, a huge movement of people into entrepreneurship. Employees sometimes think that they know more than their employers do and, sometimes, they do. They also tire of reporting to someone else and having little control over their lives. Sometimes, good employees lose their jobs and have trouble finding a comparable position in a down job market.

There are many reasons to consider starting your own business, however, entrepreneurship isn't for everyone.

To be successful as an entrepreneur, you need to have a number of talents or enough money to hire people who can do the things that you either don't know how to do or don't want to learn how to do. If you don't have enough money to support yourself for a few years until your business becomes profitable, entrepreneurship isn't for you, unless you have a partner who can support you financially. If you have a great idea that you can "sell" to venture capitalists, you might be able to get funding for your business, however, it's not that easy to come up with a great original idea for a product or service.

You have to be determined to make a success of your business and you need to be confident and persistent and have tremendous mental, emotional and even physical endurance. You, also, have to be willing to work night and day and on weekends, at least until your business gets off the ground. You have to be flexible enough to switch gears if what you're doing isn't working. You have to network, market, participate in social media and blogging and you have to do administrative work if you can't afford to hire an assistant. 

If you're the kind of person who excels at only one thing and is uncomfortable being responsible for a wide range of tasks, entrepreneurship might not be for you, unless you have the money to hire others to fill in the gaps.

Most of all, you have to be a leader and you need to have the confidence to rely on your own judgment since the buck stops with you. You need to be able to ride out the hard times and, if people work for you, you need to be able to inspire them and treat them nicely and respectfully. You, obviously, need to know how to bring in and keep clients and how to get paid in full for your work, as some clients will attempt to short you.

Entrepreneurship isn't easy and, as I had stated, previously, it's not for everyone. If it's not for you, it doesn't mean that there's anything wrong with you. It's good to know one's strengths and weaknesses and it's important to play to one's strengths. 

If entrepreneurship IS for you, it can be, at turns, exciting, frustrating, overwhelming, and very emotionally rewarding. It is, however, not for the faint of heart.

8 Comments to Is Entrepreneurship For You?:

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Muslim business on Monday, January 16, 2017 8:56 AM
Noted this line "To be successful as an entrepreneur, you need to have a number of talents!" I don't agree with you totally! Not only talent you need others resources! If anyone want to start a business then consult a well know online Entrepreneur!
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Laura Lieff on Sunday, February 05, 2017 4:35 PM
I believe that we are in agreement. Thank you for your comment.
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resumes centre on Tuesday, October 24, 2017 6:36 AM
It's really hard to be an entrepreneur. I know that 'coz my mom is a clothing designer and she started her own atelier. It was really hard time for whole our family. And it took year for her to manage all the work normally. I don't wanna be entrepreneur, really. it's better to be hired by the good professional, than trying to manage everything by yourself.
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Cover Letter writing on Saturday, March 03, 2018 4:46 AM
Entrepreneurship has many benefits and working in entrepreneurship is exciting. You are capable to see your thoughts and plans make a differentiation and add to the building of a brand innovative big business.
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Fake Watches on Tuesday, April 03, 2018 6:44 AM
I believe that we are in agreement. Thank you for your comment.
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Gerald Reynolds on Saturday, April 28, 2018 12:56 PM
Nice blog post !!Congrats for making it possible for creating this blog. I may not always visit this blog to see more updates but i will consider every valuable information i read here. Please keep up the good work and good luck for the upcoming post.
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Richard Gordon on Wednesday, May 09, 2018 8:44 AM
Good post
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research paper writing service on Monday, May 14, 2018 6:36 AM
I really enjoyed reading this post, I always appreciate topics like this being discussed. It is really very good blog post actually, Thank you!
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