The term entrepreneurship seems immensely fancy, and the idea – unachievable. We’ve heard of so many stories, from Bill Gates to Steve Jobs, college dropouts starting their businesses and watching it thrive and grow. 

Not only does it seem like an obtainable goal, but it also inspires many to follow their steps and work on making themselves better. We’ve seen posts talking about how these inspiring individuals broke the moulds, and so could you. 

But this makes you think –

Is it easy to be an entrepreneur? Is it practical to start my own business? Is this something I want to do?

And regardless of what many would say, it is something you can attain. However, entrepreneurship is an exclusive skill, but it’s not for the reasons you think it is. Why? 

You Can’t Have It All.

Entrepreneurship has always been the end goal for many individuals. Because not only is it a lot of sleepless nights, but it also involves a lot of dedication and hard work. 

It’s common for many to associate stubborn individuals with entrepreneurship for various reasons. While you do get to work for yourself, it isn’t a bed of roses. From giving up your night’s rest, time with friends on weekends, and more stress about things, many won’t come across – not many are fit for these tasks. 

Not only is this unstable and unpredictable, but you’re going to have to pull through all the hardships. But if you’re looking for a reliable 9 to 5 job with a paycheck making it’s way to you every month, then this isn’t for you.  

Making Your Own Rules

It isn’t uncommon for many people quitting their monotonous, mundane jobs for something exclusive. The excitement of working for yourself and being your boss pushes a lot of people towards entrepreneurship. 

But it’s not all fun and games. It never is. Many don’t know the truth about this career path. 

Making your own rules, deciding how long you get to work, picking your free days or weekends, and more sounds like a lot of fun. And sure, you might have an abundance of time and energy to spare initially, that eventually goes away. 

Apart from making tremendously critical decisions, you’re also going to have to put in a remarkable amount of time and energy. It may not seem like it, but you’re going to have to put in a lot of overtime. And regardless of whether it is an online or offline business, a start-up is an investment that requires a lot more than you think.  

So What Should You Do?

Deciding this is monumental, so it wouldn’t be fair to make it under the influence of someone else’s choices or more. But yes, it isn’t dreadful to consider and weigh your options, because you never know what options you come across. 

But here’s what you have to keep in mind if you still intend on starting your own business:

  • Having an immense amount of patience: Not only is this is a time-consuming process, but it is also one filled with incredible highs and lows. 
  • You cannot be indecisive: Regardless of how big or small your business is, or how long you’ve had it for, there are going to be an abundance of valuable decisions you’re going to have to make for the breakthrough you have in mind. 
  • Put in tons of time and effort: Starting from scratch isn’t easy, nor is it a quick process. It takes a lot to put your business in the spotlight – which is usually a sizable amount of working extra hours and giving up your free time. 
  • Perseverance: Even though this isn’t shocking news, being your boss can be incredibly difficult, given the tremendous amount of stress, decisions you need to make, and where your business finds itself in the market.

While these are just a few things, it would be extremely beneficial if you truly understand what you need to make your way into entrepreneurship. Because picking a lifestyle just because it looks and sounds fancy wouldn’t be the best decision to make. 

While it might not seem essential, picking a lifestyle that best works for you is necessary. And if you can’t commit to any of the points stated above, maybe you should consider something else because it implies that entrepreneurship isn’t for you.