HERE IS WHY MOST ENTREPRENUERS FAIL

 

 

In the book E Myth, it is said, most entrepreneurs, are actually not entrepreneurs, they are what is called ’employees suffering from an entrepreneurial seizure’

 

It is believed most entrepreneurs fail because they start the business with the wrong reason and intent. When a group of want-to-be entrepreneurs, or entrepreneurs, are asked the question, how many of them want to start a business? — the majority of the answer will be a yes.

 

Then when asked the reason why they want to start a business, the answers are usually one of these three things, I want more money, or I want more freedom, or the most common one is, I want more time.

 

Now, these are not wrong aspirations but the thing is Successful entrepreneurs you see today don’t wake up one day and say, I’m going to quit my job to start an entrepreneurship journey. The reason they’re successful is that first, they are good at what they do, they love what they do, they’re very passionate about what they do. And that’s why they are where they are today. If you want to get to somewhere, a destination, without hard work and smart work, that is not going to work. And that’s why most entrepreneurs fail because they start with that intent versus most entrepreneurs who are successful.

 

So, you have to start with the right intent. Start with the right motivation. And knowing that it’s going to take some time. Cause you may not get there on time in the first, two, three, five, maybe even 10 years. Will you be okay with that? Can you endure, that frustration, the pain, the sacrifice, –if not, then don’t be an entrepreneur. Just go get a job, do something else. This is not your path. There are other ways to make money, you don’t have to be an entrepreneur to make money.

 

You shouldn’t be sold on the idea that yes, I need to be an entrepreneur in order to be wealthy, It’s not necessary, There are other ways to make money.

 

The work required to become a successful entrepreneur is not something that you do and drop, this is something that has to be in your blood, in your DNA. That you cannot sleep, that it bothers you because you want to succeed, if you don’t have that, then it’s better to find other means.

 

SEE ALSO: Your Mental Health Is Important

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