13 Realities About Entrepreneurship You Probably Do Not Know

Saying you want to be successful in your own business and actually becoming as successful as someone like Ehsanollah Bayat are two very different things. After all, not everyone is cut out for entrepreneurship. Only those who are self-employed can truly understand the highs and lows you’re bound to experience. Read on for a reality check about entrepreneurship.

1. You think about work even when you’re not working. Holidays, vacations, family dinners, and every other pastime isn’t enough of a distraction to keep you from wondering or worrying about work.

2. Reward isn’t possible without risk, and that’s very scary. Taking risks is the only way to move forward. It’s a difficult way to live, but entrepreneurs thrive even through the uncertainty. Eventually, you’ll get used to taking risks and you’ll be able to determine which ones are the right ones to take.

3. People are constantly second-guessing you. No matter how successful you become, there will still be some people who don’t understand entrepreneurship and who will down on you for working for yourself.

4. The people in your life share a load of the pressure of your entrepreneurship. As an entrepreneur, your life is full of strange schedules, extra long work hours, and a lot of stress. The people in your life are bound to be affected by all of that.

5. You have to be a leader, even if you’re the only person on your team. As an entrepreneur, there isn’t anyone above you to give out directions or lighten your workload. Yes, you can rely on a team that you hire, but in the end, your success rests on your shoulders.

6. People won’t understand what drives you or how you can sacrifice so much of your life to your career. You won’t be able to relate to people about work unless you’re talking with another entrepreneur.

7. You’ll have to cut people from your team, which is extremely difficult. As someone who’s built their own career, you understand how valuable a reliable income is. On the other hand, you can’t continue working with people who stand in the way of your success.

8. Even the best team members, suppliers, vendors, and employees won’t work fast enough for you. Your standards for getting things done on a strict timetable will always be higher than everyone else’s.

9. Tax time will always be a headache, even if you have someone to handle your taxes for you! When you do finally hire an accountant, you’ll have to trust them with all of your finances, which can be difficult to do.

10. Not only are you the CEO of your business, but you’re also the sales, marketing, and payroll departments. Even when you hire people to handle certain tasks for you, you’ll still have to oversee all of these operations.

11. There’s no such thing as being too sick to work. Even on days when you can barely lift your head off your pillow, you’ll find a way to squeeze in a partial day of work. Why? You know that if you don’t, your workload will be unbearable the following day.

12. Once in a blue moon, you’ll consider going back to a “regular” job. You’ll realize that even though being an entrepreneur can be heartbreaking, difficult, and frustrating at times, it’s better than working for someone else.

13. You’ll never have regular working hours. Even if you eventually narrow down your schedule to 9-to-5, five days a week, you’ll always be thinking about work and you’ll probably find ways to work during your “off” times. Chances are, though, you’ll find a schedule that suits your energy levels, which may mean taking Tuesday afternoons off, but working every Friday night.

Entrepreneurship is so much more than a career choice; it’s a lifestyle choice as well. Only certain people are suited to this lifestyle and it’s nearly impossible to know what it’s like unless you’re in it. Before deciding to work for yourself, talk to others to determine if it’s the right choice for you.

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Dana Davis

Dana Davis focuses on small business and the use of gifts to show appreciation in relationships. She researches gifts of all kinds and especially personalized and engraved executive gifts for ExecGiftsBlog.com.

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