Entrepreneurship Motivation 1. Be rich immediately
And contrary to some popular Entrepreneurs who are, 1 there is a general misconception because they seem like it happened overnight billionaire in the middle: Entrepreneurship is the easiest way to get rich quickly.
Not at all.
When you become an Entrepreneur, you will probably have a certain part of the company’s profits. In fact, if you don’t have another partner, the whole profit will be yours. In addition, you can also have a salary.
So far I think it’s great.
But there is no guarantee that the business you intend to establish is profitable or that it will continue successfully forever. If you can succeed, you can make good money and live a good life, but you can’t turn the corner at a time like you imagined — even if you have a great idea. Therefore, if you have a money-oriented Entrepreneurship motivation, this will prevent you from making long-term decisions for your business and you will feel unsatisfied until you reach your goals. Every day, the urge to give up will eat your head.
Because you’re going to slowly realize that you can’t be rich right away. And that was your only motivation, unfortunately.
The idea that it will be a great job in the long run by continuing with patience and the desire of the first day can be erased from the market early because of your dreams of being rich. You’re the only one responsible for that.
And my guess is that the continuation of your business life with this regret will be very difficult.
Entrepreneurship Motivation 2. Recognition by everyone
It is a known fact that being an Entrepreneur can increase your personal recognition. Especially if your marketing strategy is based on media awareness. Look at Entrepreneurs like Elon Musk, Mark Zuckerberg, Richard Branson. They are high-profile Entrepreneurs with the media’s attention and the status of the famous.
But it’s a really bad idea to implement the business idea and manage it just to enhance your individual popularity. Running after personal branding opportunities can only get you out of the office without getting tired and tired. In addition, your thoughts about successful Entrepreneurship will be replaced by survival efforts. Entrepreneurship Motivation 3. Having unlimited vacation
Yeah, right. As an Entrepreneur, you can set your calendar for yourself.
Working hours/days and holidays. You can go on vacation all the time if you want.
But remember, the success of your job depends entirely on the effort you have spent, and unfortunately, on your first job you will probably go down.
If you’re going to be busy traveling in six months of the year, that means you don’t have time to invest in what you’re starting to do. As the owner of the job, you have no idea how much you have to work to get this job done if the only thing you can think of is how much you can do on vacation. I would also like to remind you that if you really want to be successful, you should be busy with work in most of your daily life for at least 1 or 2 years.
So you’re probably not going to be able to go on long-term holidays you’ve dreamed of. And since this is your only motivation, you won’t be able to focus on your work.
Entrepreneurship Motivation 4. Making other people happy
Some Entrepreneurs are entering this path because they like the idea of making a positive impression on the world. And that’s something that can be respected. Creating a great team, caring for and caring for employees, having happy customers and making the world they are in a better place are the greatest goals.
But unfortunately, this mentality can lead to bad decisions about the job. For example, to keep your employees who don’t perform well at work (instead of leaving them and getting someone more productive), because you are very attached to them. Or to continue to work with customers who are not profitable. You refuse to move on, and for other reasons, you renounce your own profitability.
You may want to make some sacrifices, but if your work is not going to be returned, these sacrifices can only harm you. As the person in charge, your main responsibility is to make the right decisions.
You may feel like a parent when the situation is like this. Your job is actually your child. It’s up to you to protect and develop it. Sooner or later, if you don’t, who will?
Entrepreneurship Motivation 5. Because “why not?”
You may not have a special motivation to be an Entrepreneur. Just have your opinion about Entrepreneurship and know a successful Entrepreneurial brother. You might want to have a job like him.
At this point, it’s normal to have a moment when you say why not by yourself. Before you answer the question, you focus on “why not”. Although this is actually a way to go in a strange way, it usually means that you’re going to dive into problems that you’ve never encountered before, and you don’t know what’s waiting for you.
Do you have your income model? Do you know how to scale your business? How much capital do you need to get started and who are your competitors in the market you enter? Are you psychologically strong enough? How much do you know about the dark side of Entrepreneurship?
The five dangerous motivations that I’m talking about are just a fraction of what makes you an Entrepreneur, they probably can’t sabotage your entire effort. For example, the idea of being rich excites you, but if you are interested in doing good work at the head of your own team, your monetary motivations can’t clearly interfere with your happiness and your decision-making mechanism, and the situation is far from dangerous.
As a result, you may have a pretty good reason to be an Entrepreneur. Before you take your next step, you will need to think carefully about your personal motivations and measure how healthy they are to start and run a business.