Saturday, October 26, 2013

So You Want to Be an Entrepreneur...


This week had very great lessons to be learned. As I was watching the videos and reading the assignments, I wrote down a couple of things that stood out to me the most. As I reviewed my notes, I noticed that they all described what it is to be an entrepreneur. Many people want to start-up a company or to be an entrepreneur, but yet do not realize the demands and sacrifices that come with it. Additionally, majority of these people usually tend to want to do start-ups for wrong reasons, pursue of wealth, prestige, and unfortunately end up unsatisfied and unhappy. As stated by Wences Casares, “entrepreneurship is a calling that chooses us…it is inescapable.”  With this said entrepreneurship is not for everyone.

For those of us who feel like this is what we are meant to do, we have to be aware of the demands entrepreneurship requires, and learn to adapt and assume all of our responsibilities as a whole. In reference to time, Casares states that “time is our most valuable asset.” Entrepreneurship will require a lot of our time. With this in mind we need to realize the costs, or the other things we may be giving up for this, like family time. For this, in his video The Entrepreneur and the Family, Steve Blank suggested to “set rules” if we have families or to stay single if you are single. He says that, start-ups can consume all of our time and it is important to make sure we are managing ourselves appropriately between all of the responsibilities we may have with the allotted time we are have.

All of these are things that need to be taken in consideration when considering being an entrepreneur. It is possible if we are in it for the right reasons, and if we learn to discipline, and master ourselves. When we learn to do this, we will learn to find more balance in our lives, and be successful people, spouses, parents, and entrepreneurs.

Again, this week brought great insights about becoming an entrepreneur, which I am grateful because they have caused me to ponder on my decision. I am looking forward to the additional insights I will gain to help me in my entrepreneurial journey. 

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