Entrepreneurship is just one of those things which most of the people out there have wrong assumptions about. The truth is, entrepreneurship is a way of life which is full of risks at every single point. Even though it is kind of hard, you will find that the younger generation is doing the best it can to become a part of this venture.
The reason behind that statement is that most of us are fed up of the usual 9 to 5 jobs, and inside jobs people don’t get time to follow their dreams. The bottom-line is; we like Dan Bilzerianand Elon Musk, both these gentleman are the prime of their lives, they can do whatever they like without asking for any permissions, and that’s exactly we want.
We are so much influenced by their lives that we cannot understand this year amount of effort that they invested into the business.
The amount of misconceptions people have about entrepreneurship is just disturbing, because they don’t seem to understand that it is way hard then it seems to be. So for that reason itself, this article is dedicated towards enlighting our leaders what entrepreneurship is all about, what people expect, and what do they get.
Reality is often disappointing, but your expectations are always inclined towards greatness.
Expectation #1
If I become an entrepreneur, I will be the master of my own life. I’ll be having the control over my decisions, I’ll go out on vacations, I will spent thousands of dollars in casinos and might end up buying a Ferrari or a Lamborghini, yes that’s what I want from my life”
Reality
Like I said, expectations and dreams will always make you feel like the king of the world, but reality is often disappointing. An entrepreneurs life is harder than yours, because everything and entrepreneur owns, belongs to the company. Your business might not even get significant revenue which you dreamt of. And the most sad part is, your personal life will suffer.
But that doesn’t mean you should give up in your journey, because rising up from your challenges signifies that you will become one hell of an achiever in the future.
Expectation #2
“My idea is the best one around, nobody out there good think of what I just thought.”
Reality
It’s good to be confident, but it is never good to be over continent. You see, this is quite a big world we are living in, which means there are great chances that the ideas you just came up with, might have been implemented by someone else and you have no idea that this person ever existed. But what you can do in your path is make that Ideafool proof, and make sure that it succeed in every possible aspect.
Expectation #3
“My Life would Be amazing I’ll be having so much money to spend on my family. I might end up with so much money that I had to throw some of them away”
Reality
That is the most common misconception that people have about entrepreneurs. But you have to understand that your business becomes successful only when your idea is will executed. You have to know for the fact that execution is one of those hurdles which you have to you leap across in order to become successful. As far as the money is concerned, you will have money but don’t forget you have employees which need to get paid. You cannot run your business alone, it takes a team effort so always make sure to show your team the respect they deserve.