ENTREPRENEURSHIP

7 HARD-TO-SWALLOW TRUTHS ABOUT

ENTREPRENEURSHIP

By: Cody Faldyn

An Introduction

• Process of starting a new project

• Acquire resources to start a project

• Fully responsible of its outcomes

• Operates with in a specific environment

• But it is not that simple and unless you are fully capable of handling them, your dream of being an entrepreneur may die before it even has a chance

Why it is hard to be an entrepreneur

• It is not an easy route to untold riches and there are several issues that typically arise along the way. Seven of them are given below

1. You’re Not As Useful As You Think You Are

2. Success Breeds Envy

3. Personal Relationships Matter

4. Money Does Not Solve Every Problem

5. Do Or Don’t Do, There’s No Such Thing As “Trying”

6. Investors Don’t Care Unless There Is Money Involved

7. You Are More Likely To Fail

You’re Not As Useful As You Think You Are

• When it comes to entrepreneurship, the only thing matter is what is the last product

that you offered.

• Success will not tell you how much useful you are, most people will still hate you.

• Be prepare for “What have you done for me lately”

• You must always have a top idea in your mind all the time.

• Only new plans will make you valuable to your customers.

Success Breeds Envy

• More success means more care needs to protect yourself

• Everyone will try to tear you down

• Be prepare to handle it by yourself

• Ever wonder why all this ?

It is your SUCCESS that make them feel inferior

• Success is not a motivator for everybody

Personal Relationships Matter

• Entrepreneurship is not about launching a product on regular basis

• Relationships matter a lot more

• Talent and hardworking is not a solution to all problems

• Connections in industry will help you to move further

Money Does Not Solve Every Problem

• Money is not a solution for entrepreneurs

• You have to get your product good enough so people can like them willingly not

forcefully.

• Attention grabbing element is required in your product

• But still for business matters you need money in your pocket

• Start using your brain instead of wallets

Do Or Don’t Do, There’s No Such Thing As

“Trying”

• There is only what you can do what you cannot do

• Consumer is interested in your product not your attempts

• Fulfilling your promises is important

• No one needs a big talker around them

• Ability of talk and talk will eventually take you towards walk of shame

• And walk of shame is a DEATH for an entrepreneur

Investors Don’t Care Unless There Is Money

Involved

• Investors are into your product just for money

• In Entrepreneurship, only Money talks

• No one cares about what you are selling or talking

• No one cares what you have been through

• They care about only “How much money you are generating for them”

• No need to make false excuses in front of them

You Are More Likely To Fail

• Most entrepreneurship endeavours fail

• Failure is not because of weak ideas

• It is hard to make your business sustain the cruelty of life

• Reason is that you are NOT PREPARED for success

• Succeeding is another thing but maintaining your success is the main

What about YOU?

• What’s your story?

• What truths did you have

to swallow?

• Share your comments today

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