Having been a self-managed missionary for nearly a decade and running 78p.tv for another seven years, I understand what it means to be an entrepreneur. The career is not for the faint of heart as sometimes you do not know where the next paycheck is going to come. You have to not only sell your spouse and family on the ideas you are pushing, but then the critical world. Then the terrible fate of failure and sometimes the even worse fate of success comes (more work, more problems) and you have even more to deal with.
Not going to lie, a steady paycheck and low expectations actually sound appealing many days.
But if you have the guts to take that leap and venture into entrepreneurship, here are a couple of things to consider in the process of making that decision.
Here are three features that make up an entrepreneur:
- 51.9% of people are the first of their family to launch a business. Even more than that already had a child and spouse.
- Nearly 48% of current entrepreneurs didn’t even give it much thought to start their own business before the opportunity presented itself.
- The most important factors expressed for becoming an entrepreneur is having prior work experience in the industry (96%), learning from successes (88%) and failures (78%), and being able to successfully manage a team well (82%)
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Any other entrepreneurs (or former ones) out there?
Share your war stories and successes in the comments below.