3 Secrets an Entrepreneur will never reveal – until now!
Some things happen by accident and I guess you could say that my entrepreneurial journey was just that, a happy accidental happening. Although, I do believe it was always part of my path, I didn’t initially set out to be an entrepreneur.
And I’m glad it “just happened”! This has to be the most rewarding, most daunting, most uncomfortable and the most happy I have ever been – so yay to this journey!
For some of us the entrepreneur life chooses us and for others you have chosen it mindfully. Whatever the course, there are certain things that seasoned entrepreneurs have experienced but might not share that newbie entrepreneurs need to know about. Perhaps if I had known these points mentioned below I might have felt more mentally prepared, but then again, maybe I wouldn’t have become an entrepreneur if I had been forewarned ! J
1. It can be a lonely journey
They say it’s lonely at the top and for sure it is. However, being an entrepreneur can be a lonely journey of self-discovery, discovering what your niche is, what skills you have and where you are lacking. It’s lonely because friends and family won’t understand this drive you have to succeed, no matter what, even if it means working 20 hours per day for 7 days a week. You are determined and focussed, and this could alienate your loved ones. You’ll notice how social invites start becoming less, how friends drop off your radar and it becomes you & this beautiful thing you’re building. If you’re okay with this, and you’re willing to make the sacrifices to achieve success with your business, then you know you’re onto a good thing. Keep going!
2. Doubt can drive you insane
To the outside world there is bravado, “I’ve got this!” and of course there has to be. But internally an entrepreneur could be doubting themselves daily asking “Am I doing the right thing?”, “Why am I doing this?”, “Maybe I should find a job again, at least then I’m assured of an income”, “What if I’m wrong and the market doesn’t really want/need my product/service”. Endless reassurance from clients, advisors and the like cannot always quieten these voices. But remember, for an entrepreneur, it’s the unknown that drives them and makes the journey so exciting! Hear the voices, but don’t take heed of them, persistence and perseverance is what is going to help you succeed. (And of course not taking no’s personally J)
3. We constantly worry about being broke
It’s hard, but it’s the truth! As an entrepreneur you are now financially responsible for not only your family but also of your team. Every business decision you make has a direct impact on the bottom line. You could be self-funded or have an angel investor, whichever way, you still need to stay on top of your numbers, constantly make sound business decisions and ensure that you pay your team at the end of the month. There are times that you need to spend money to make money. It could be that you need a small budget to market your business, or funds to develop an app or CRM specific to your business. Make the calculations carefully, but take calculated risk, because without risk there is no growth. Indeed, being broke is constantly on our minds, however, we focus on the future build of our business to make sure that everyone is taken care of.
Bringing it together
There are a ton more things we could chat about regarding this amazing entrepreneurial journey. The bottom line is this, it’s not easy, sometimes you need to make tough calls, you should be prepared to make sacrifices, and possibly lose friends along the way. If your vision is strong, your will is unwavering and you have the tenacity of a baby learning to walk, then you’ve got this!
As Melanie Hawken, founder of Lionesses of Africa, famously says (and there’s more to it than pleasantries) “Have yourself an inspired entrepreneurial day”!