Entrepreneurship is a “tough cookie” type of deal. You want to build a business that exists without you rather than a business that is an extension of you. The good news is that e-commerce is just that. Before you jump on the boat to the entrepreneurship know this, focus on longevity instead of getting rich quick. Put legitimate thought into your business, how can an individual benefit from your products?
Alright, let’s get down to business. Here are the common entrepreneurship expectations and realities.
"I Choose My Own Hours"
You’ve heard this before, it’s a powerful statement that even corporate America chooses to market to potential employees. Time is a desirable factor to us all. Time is that one thing that you can never get back. That’s why entrepreneurship is so attractive to many.
You will have to work harder and longer than you ever worked before. Stress, anxiety, and sleep deprivation are common side effects of entrepreneurship. Friends and family won’t understand what and why you do it. Your relationships might suffer but just remember, especially with online business, there is a light at the end of the tunnel. Once your shop is automated and outsourced you can pack up those bags and take a vacation having peace in mind that your remote team has everything under control. When you realize that you don’t have to do all the things yourself and instead focus on things you are actually good at – that’s when you graduate to the next level of your business.
"I Get To Be My Own Boss"
I can do whatever I want. Becoming your own boss is the dream for many. Vistaprint.com survey says that three in five (62 percent) of Americans have the desire to own a business. Are you one of them?
“I don’t want to be my own boss,” said no one ever. But working for yourself takes some serious discipline. It can quickly backfire without some serious determination and self-discipline. Time is gold! Learning the importance of saying “no” to many things is crucial because time is precious. As your own boss, you have to be very strict on deadlines, there are no other parties that are involved unless you outsource, therefore, sticking to a schedule is important to the success of your business. Many entrepreneurs establish a strict schedule to stay motivated and productive throughout the day. Many start even earlier and work longer than a regular 9-5 job. The good news is like everything time passes and you’ll find yourself making your dreams a reality.
"I Make A Ton Of Money"
We’ve all seen it! Get-rich-quick schemes are flooding our social media timelines. People spend money left and right, going on these fancy vacations while being able to work remotely. We all want to enjoy the first-class flight to a remote island with top-notch chefs.
Hold up, big shot! Big things don’t happen overnight. Sometimes it can feel like an eternity before you make that first sale and sometimes the money just doesn’t want to come. That is why so many entrepreneurs start their business on the side. They work part-time until they can afford to scale and quit their 9-5 job. The downside of entrepreneurship – there are no benefits. You can’t put a price on freedom and things you love! Ain’t that right?
"I Work From Home"
The best thing about owning your business is the ability to choose where you actually conduct your business whether it is from the comfort of your home or your favorite coffee shop, you can choose to work from anywhere.
Working from home can have its benefits, however, it can start to interfere with a work-life balance, affecting your relationships, and taking time away from loved ones. Ultimately it comes down to your rules and habits and sticking to them. One of the best things you can do is to establish home office space that you agree to run your business from. This way you don’t start to mix work with pleasure and your home life will thank you!
"Once My Business Is Up, I Can Stop Learning "
Once my business is up and running I don’t have to worry about a single thing. I will have all the time in the world to do whatever I want.
Umm, hello! Education is the key to moving forward. You must continue to educate yourself and stay on the cutting edge to grow within your field. Learning keeps you ahead of the competition. Set aside one hour a day to read a book, listen to a podcast, or browse the news. Your future self will thank you.
"I Love What I Do"
Don’t we all want the same things – to love what we do every day? The ability to enjoy every single minute of your day without looking at your watch is a dream to many.
Even a hobby can turn into work when you devote all your time and energy to getting your business up and running. Balancing your life-work balance can become difficult so that’s why it’s important to mix things up. Find a way to get away from work to enjoy some of your other hobbies. This is usually one of the hardest parts of being an entrepreneur. The ability to take a break and recharge for the next phase of your business is difficult for many because they get worried about their business slowing down. Self-care is important, don’t let that slip away.
Like with everything, entrepreneurship has pros and cons. What’s good about POD is that you don’t need an office with inventory to get started. It will be a tough road but you can start part-time and scale up from there.
Hey entrepreneur, what are you waiting for?
Take the plunge!
See you on the other side.