People who dream about one day owning a business tend to latch on to the potential, nothing else.
There’s nothing wrong with chasing your dreams, but it’s a lot more glamorous than it looks.
Imagine if I told you entrepreneurship includes working longer hours and getting paid less. Sure you can control when you don’t work, but you can’t control when you get paid. Freedom has it’s price tag and for some until you experience it, it’s too much.
But for those who have dipped a toe into the entrepreneur’s pool, there’s one area that’s extremely hard to go back to: having a boss.
I can’t tell you how exhilarating having complete flexibility is. Recently someone told me working a 9 – 6 with benefits isn’t desirable anymore. To each their own, but the tradeoff between time and money is a crucial decision everyone is faced with.
Coming off a 9-month stint at a company makes me appreciate my workdays much more now. It didn’t help I had a micromanager of a boss on top, but I learned a lot about myself during the process.
Things like my optimal working hours are 9 AM – 3 PM, when deciding whether or not to pursue a business idea identifying the market matters most and running a company solo is plain stupid.
Being an entrepreneur is a blessing and a curse. It affords you more control and flexibility, yet loss of structure and a steady paycheck. All the books and articles published that highlight successful ventures represent less than 1% of reality.
There’s no formula to the madness, but valuing your lifestyle over income will push you over the edge.
The funny thing about entrepreneurship is the “what” will change frequently, but as long as your “why” and “how” stay the same you’re fine. If you’re bored at your current job you can do two things: stick it out or look elsewhere. Most choose the former because it’s comfortable, but you’ll know it’s time to move on when it lowers the quality of your life.
Call me crazy, but part of the intrigue of entrepreneurship is the chase. It’s going after something you’re not sure you’ll catch, but willing to take the risk because failure is more acceptable than regret.