So, You Want to Be an Entrepreneur?

One of the most commonly asked questions that I hear on a weekly basis is, “I want to start my own business, do you have any advice?” I often laugh because it would take years for me to go through all of the lessons that I have learned as an entrepreneur.

Being an entrepreneur can mean many things for people. For some, it represents freedom to answer to nobody but themselves. For others, it’s a chance for them to earn a living doing what they are most passionate about. Others utilize it as a chance to give them total flexibility. There are so many benefits to owning your own business, but it’s not for everyone. I’ll explain…

Discipline

One of the most difficult things to grasp for someone who doesn’t have a boss is the necessity to get things done in a timely manner. When you don’t have a boss hovering over your shoulder, it’s easier to slack off a bit more than you normally would. One-hour lunch breaks turn into two and three hour affairs. You don’t have a boss, heck, you ARE your own boss… What’s the harm, right?

It takes incredible discipline for someone with no boss to keep plugging away at doing those tasks that are revenue-generating. It’s easy to get sucked into doing “busy work” to simply feel like you’re accomplishing something, when in reality you’re just wasting time. Without discipline, it’s difficult to succeed as an entrepreneur.

Passion

Without passion, things die. We see it with people whose entire identity is wrapped with what they do for a living. Once they retire, it’s as if their life purpose no longer exists. In many instances, sadly, they pass away not long after their retirement.

Find something you’re passionate about. If you were independently wealthy, would you still want to work on your “thing?” If not, maybe it’s time to do some soul-searching and find something that you would LOVE to do.

I have more thoughts on the subject that I’ll share over the next few weeks.

-Andrew

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