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No doubt, it comes with a lot of pleasure, but pressure as well. This piece will burst some myths about entrepreneurship and help you pick up points in case you are looking to be one.
Myth 1:
“Entrepreneurs Are Rich” Nope. Even though some get to be rich in the end, it’s not an instantaneous process. Quite a number of people believe that the decision to be an entrepreneur alone is enough to have a fat account balance. Ultimately, they do but not to the level of your imagination. In cases where they procure funding for their business – it still doesn’t translate to personal cash. Such money is meant to be invested in the business. Entrepreneurship is a journey and to get to that level of riches – time, money, resources and so much more need to be invested.Myth 2:
“Entrepreneurs Don’t Quit” This sounds very funny because they are human, just like you and they quit every single time. Most times, they quit, suck it all up and then, go again. It’s not magic, they just have resilience. It might come off as though they don’t quit, but they seem to know when it’s best for them to quit to work on something else or when to continue.Sign up to the Connect Nigeria daily newsletter
Myth 3:
“Entrepreneurs Work 24/7” They can be very attached to their work but they sure don’t work all day, every day. This is not completely false as their brain is active almost all the time, thinking about the next big thing. As much as you might think that they don’t have a life aside from their work, they have a balance too. A smart entrepreneur understands the value of rest and makes sure to maintain a work-life balance.Myth 4:
“Entrepreneurship is Fun” Of course, it is, but definitely not every time. They have to break their backs finding solutions and doing everything possible to keep the business going. They enjoy what they do but it comes with a lot of frustrating moments. There are good and there are bad times. What makes the difference is how you are able to make use of the moment.Myth 5:
“Entrepreneurs have it all figured” Yes, they lead teams, they manage talents, they bring innovation and creativity, but they are just as clueless. Everything they do revolves around the investment they make into a vision they believe in. They rely on data and future projections but still don’t know what the results say in the end. They learn a whole lot of things on the way and that help them fail fast and forward. They are probably faster in identifying solutions needed quickly and putting them to use but they don’t have it all figured out. All these written are in no way to incite fear. Being an entrepreneur is really great but it comes with a lot of pros as well as cons. Understanding yourself as a person helps you tell if it is a path worth following. Featured Image Source: TopprGot a suggestion? Contact us: editor@connectnigeria.com
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