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I’ve been feeling down a lot lately, depressed even. I am working hard every single day to try and get my businesses off the ground. I know it was not going to be an overnight success and I knew it was not going to be easy but my god the struggle is real.
Running a business is super hard, being an entrepreneur is something they did not teach me in school. Every obstacle I encounter is because of putting into practice things I have learned on the internet.
Trial and error.
I absolutely love reading blogs about entrepreneurs and entrepreneurship and very rarely the struggles many face just to get the business off the ground. Again, I can’t stress this enough, being an entrepreneur is extremely hard.
One thing I have learned is that you must know your why and keep that in the back of your mind.
- Why did I start my business?
- Why am I putting so much work into this?
- Why am I trying so hard?
- Why am I sacrificing so much?
- Why am I willing to put in so much work?
- Why am I doing this?
You shouldn’t be surprised though, defining entrepreneurship. According to Wikipedia, “Entrepreneurship is the creation or extraction of value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones.” Here, we understand that risks are necessary, and journeying into this field requires you to take risks beyond what is normal.
Such an interesting way to look at it.
It also includes you reaping all the benefits after you’ve put in the work which is what most of us lust at. The benefits include but are not limited to:
- You are your boss
- Unlimited Earning Potential
- Freedom to work at times convenient to you
- As many vacation days as you’d like
- You choose your co-workers
- You have the power through your platform to create and maintain change
- Career / Job Satisfaction
- You meet leaders in your industry
- Your clients are some of the most amazing people you’ve ever met
- Unlimited learning experiences that build character – You will find that you learned or improved: patience, empathy, compassion, respect, humility, communication, confidence, discipline, etc
These are the reasons we choose to become an entrepreneur but on the other hand, there are things that we will have to face that no one highlights, for example:
- You can get sued
- Your income is not guaranteed (there can be days, weeks, or months where no money is earned)
- Despite what is said about setting your schedule, you work more than 40 hours per week, you may work up to 80 hours per week.
- You are responsible for doing everything that maintains the business – Speak to Customers, Accounting, Taxes, Research and Negotiating, Sales and Marketing, Managing social media pages, Delivery (if selling goods), Designs and Photoshoots, creating content, managing your website, public relations, etc
- This is a very stressful career but you are not allowed to ‘lose it’ mentally or emotionally. If the boss loses it, imagine how your employees feel.