The Truth About Entrepreneurship That Isn't Mentioned Nearly Enough
Our society craves instant gratification -- we want things now and we
want them fast. We are able to rent movies on demand, use our
smartphones to have a personal driver waiting outside within minutes and
Chipotle’s Twitter feed goes nuclear if someone has to wait in line for
more than a couple minutes to get their burrito.
Entrepreneurship is much cooler than it was years ago, with entrepreneurs seen as modern-day rock stars.
The thought of being an entrepreneur is extremely appealing, which has
led to an onslaught of products and courses with names similar to:
- How to Earn Six-Figures in Six Weeks
- Build a Six-Figure Online Empire on Your Laptop Working at the Beach
- Make Money 24/7 While Your Sleep With This Automated System
- Become Your Own Boss and Make Millions by Tomorrow
The truth is, entrepreneurship is hard -- it’s hard as s**t.
There are no shortcuts
or magic formulas to make piles of cash appear in your bank account
overnight. You have to work ridiculously hard and anyone telling you
different is trying to sell you something.
So why are there so
many deceiving products and courses to lure in, and eventually
disappoint, aspiring entrepreneurs? It relates to the very first
sentence in this article -- instant gratification. Would there be
excitement and interest for course and product titles such as:
- Work Several Years for Little to No Pay
- How to Get 3 Hours of Sleep a Night and Constantly Be Stressed
- Quit Your 9-5 Job and Work Twice as Hard
- Learn How to Secure a Non-Guaranteed Paycheck Overnight
Those
titles wouldn’t sell because they wouldn’t excite anyone. Would
entrepreneurship be a sexy topic if there were stories published daily
about all the failures and crushed dreams? Not a chance. Instead,
unicorn startups that receive billion-dollar pre-revenue valuations are
featured.
I’ve
said it before and I’ll say it again -- the truth about
entrepreneurship isn’t mentioned nearly enough. Entrepreneurs need to
know it’s going to be hard and quick success is rare.
You have to go in fully understanding failure is possible.
Entrepreneurs
are brave individuals -- knowing that there are no guarantees and
putting it all on the line takes guts. Without risk, there is no reward
and I would go as far as to say that you should embrace failure. You
don’t want to expect it, but fully understand that it’s a possibility
and be committed to learn from it if you do experience it.
You have to be willing to put in the work.
While
a lot of courses and programs being sold promise minimal work, it just
isn’t reality. Sure, there are rare exceptions, but ask most successful
entrepreneurs how their days looked when they were just starting out and
I'm willing to bet that they included heading into the office before
the sun was up and leaving well after it went back down.
You have
to be willing to work. Everyone has the time, but not everyone is
willing to dedicate it to building a business. Gary Vaynerchuk said it best -- “Stop watching f***ing Lost … if you want this. If you want bling bling. If you want to buy the Jets. If you want to do s**t. Work. That’s how you get it.”
You have to be willing to constantly learn.
A
successful entrepreneur is never done learning -- he or she is
constantly looking to absorb information and insight. Even with little
to no free time, a successful entrepreneur is making time to read books,
network with like-minded people and establish relationships with mentors and influencers. There is no "off" switch, especially when it comes to learning.
Being
an entrepreneur isn’t easy, but amazing things can happen when you
understand that overnight success is rare and you are ready to work your
ass off.
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