#Entrepreneurship and its Challenges;
I'm going to elaborate on some installments;
here is the 1st one of #Entrepreneurship, which comes with a host of challenges. Rewarding challenges, but harsh challenges nonetheless.
Experienced entrepreneurs have to deal with this no matter how long they’ve been in business --trying to establish a brand, adjust to match or exceed the competition and keep your business profitable is a challenge no matter how many years you’ve been in business.
But for new and young entrepreneurs, there are some unique challenges that are especially difficult to overcome. If you’re just getting into the game, or you’re thinking about becoming an entrepreneur, be prepared for these few significant hurdles;
đđŧ Abandoning Another Career:
If you’re going to dedicate yourself to starting and nurturing a business to success, it’s going to be nearly impossible to simultaneously manage another career.
You might be able to manage the infancy of your business on the side, during weeknights and weekends, but if you want a chance of growing significantly, invariably you’ll have to quit your day job.
Walking away from a promising, steady longterm opportunity for something unpredictable is scary-especially if you’ve never run a business before.
Unfortunately, there’s no easy way to address this. Just think through your decision logically, and don’t ignore your instincts.
Starting a business can be tough, but your approach can make things tougher. Have the right thinking in place to set yourself up for success, cheers!
Thoughts welcome...
I'm going to elaborate on some installments;
here is the 1st one of #Entrepreneurship, which comes with a host of challenges. Rewarding challenges, but harsh challenges nonetheless.
Experienced entrepreneurs have to deal with this no matter how long they’ve been in business --trying to establish a brand, adjust to match or exceed the competition and keep your business profitable is a challenge no matter how many years you’ve been in business.
But for new and young entrepreneurs, there are some unique challenges that are especially difficult to overcome. If you’re just getting into the game, or you’re thinking about becoming an entrepreneur, be prepared for these few significant hurdles;
đđŧ Abandoning Another Career:
If you’re going to dedicate yourself to starting and nurturing a business to success, it’s going to be nearly impossible to simultaneously manage another career.
You might be able to manage the infancy of your business on the side, during weeknights and weekends, but if you want a chance of growing significantly, invariably you’ll have to quit your day job.
Walking away from a promising, steady longterm opportunity for something unpredictable is scary-especially if you’ve never run a business before.
Unfortunately, there’s no easy way to address this. Just think through your decision logically, and don’t ignore your instincts.
Starting a business can be tough, but your approach can make things tougher. Have the right thinking in place to set yourself up for success, cheers!
Thoughts welcome...
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