What No One Told You about Entrepreneurship

Here are several things no one ever tells you about entrepreneurship, that you will inevitably learn along the way.

5. You will fail.

The grit precedes the glamour and glory of small business ownership. You won’t succeed 100 percent of the time and that’s okay. Fail early, fail often. It’s the only way you’ll ever learn, grow and meet your full entrepreneurship potential. You must develop resilience and when it gets tough remember to “fall seven times, stand up eight (Japanese Proverb).”


6. You will appear crazy, misled and disturbed.

“Did you fall down and smack your little head on the pavement?” Not that I can recall? Yet for some reason, entrepreneurs are considered crazy (by some). And to a large extent, I agree … entrepreneurs aren’t normal. Most of us are flooded with ideas, driven, brilliant, risk-takers, impulsive, self-confident and so on. Like it or not, we may be just crazy enough to succeed. What’s your excuse?


7. You’ll find and meet people that will inspire you.

When you start your own business, invariably you will want to seek out like-minded people to help pave your path to success. At first you’ll feel like you’re in the trenches all alone. But take a closer look. Entrepreneurship is all around you. It’s similar to the car buying process. Once you’ve bought a new car, you see it everywhere! Psychologists refer to it as confirmation bias — seeing the world through a filter, thinking selectively. Similarly, when you become an entrepreneur you’ll start seeing “us” everywhere. And hopefully you will meet those of us that inspire you.


8. You must believe in yourself.

Entrepreneurship will make you come alive. The best way to explain this simple attitude comes from a YouTube video of a young kid that learned how to ride a bike. After doing it he exclaims, “I know you can believe in yourself. If you believe in yourself you will know how to ride a bike. If you don’t, you just keep practicing you will get the hang of it …” Ironically most things in life are that simple.


9. It’s totally worth it.

Carry out due diligence and evaluate your personal situation, assess the risks and potential rewards of running your own business. Dig deep and find out what you’re made of. You’ll likely find that “We all have possibilities we don’t know about. We can do things we don’t even dream we can do (Dale Carnegie).”

Photo Credit: Max Mara


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