Follow your own path

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1 Aug 2022
113

It so happens that the present state of the economy in my country has pushed a lot of people into starting their own businesses. I hear a lot of people say that if you want to make it big, you have to be your own boss. You have to take the initiative and start up your own business rather than work under someone. It seems like people are condemned for being employees and continuous praise goes to the entrepreneur.

Who then is an entrepreneur?

An entrepreneur is a person who sets up a business or businesses, taking financial risks in the hope of making profit.

According to the business dictionary, a person who exercises initiative by organizing a venture to take benefit of an opportunity, and as a decision maker, decides what, how and how much of a good or service will be produced.

The question is this

"Should everyone be an entrepreneur?"


Nowadays, when I go online on social media, I see that a lot of people are marketing either one good or the other. It's almost like everyone is starting their own business.

We come across new books on how to become an entrepreneur and how to excel as one. A big shout out to all those that are following that path of starting their own business and are consistent in what they do.

What about the people that aren't cut out for that path?

The truth is that everyone can be an entrepreneur but not everyone should be an entrepreneur.
In my country, there's this idea that is going around that going to school is a waste considering most people finish school and can't find jobs. Most people are jumping into the train of starting their own business when they don't even know how to go about it.

I believe there's nothing wrong with being an employee because we all need each other. Some people actually enjoy the working hours. If you know you're not cut out for the life of an entrepreneur, then don't follow the multitude. You can succeed and do very well for yourself on your own path.

To be an entrepreneur, here's a few points

You have to make sacrifices
The truth is being an entrepreneur is hard. Starting a business isn't easy. At first, you won't have people rushing in to patronize you. At that time, you need to sacrifice your money or savings to start what you want. It may take a while before the business starts to pay and support you like you would want so for a certain period, you have to manage.

Be able to take risks and make decisions
Being an entrepreneur in itself is a risk because you can't be certain the business will pay off. They have to take decisions concerning their business and how it's supposed to move forward. Taking a risk is being open to the possibility that the plan might work out or not. It's like fifty fifty. If you can't handle that, maybe it's not a part for you.

You need to have passion
If you're looking for fast money, entrepreneurship might not be for you. The truth is, you can't be certain money will come fast from your business. Still, you have to be consistent and do what you do and continually look for ways to make things better and promote your business to make profit. It just doesn't happen overnight. You need to really be interested in what you're doing if not, it'll be easy for you to give up along the line.

Be a people person
Hahahaha. To be an entrepreneur, you must know how to relate with other people. How else do you expect people to take interest in your business and want to patronize? Good networking and connections can move your business faster than you think. You cannot sit in your comfort zone and people will come to you.

Be able to manage and market
To be an entrepreneur, one must know the concept of money and how money works. It's important so that you know where you stand and can run your business effectively. Also, you must know how to properly market your products to get people interested.

Is the entrepreneurship path for you or not? Whether yes or no, as long as we're all doing well for ourselves in our respective interests, that's all that matters.
What do you think?

Reference
https://read.cash/@Kommie/follow-your-own-path-39ad15a7

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29 Comments

We should follow our path clearly
Johnson Chau
Sacrifices is inherent to entrepreneurship and something that is usually not talked about. All the glamour you see comes from hard efforts from a group of driven people.
You won't have customers flocking to you right away at beginning. You will have to forego your finances at that moment.
We should all work towards our own goal and not join the multitude
We should follow our own way not copyotgers
Really its very good article every time we feel what we thinking we are not doing that because of some commitments but we need to successful in life we should follow our path,its difficult but the end is satisfied one .
Ceetada
Becoming an entrepreneur is always a really lonely path that pays off in the long run. I feel every entrepreneur needs to be a leader first. Consistency and persistence will be the key to climbing up the ladder.
The sentence “anybody can be an entrepreneur but, not everybody should be an entrepreneur” sticks to my head
Kommie
Everyone does not have the same path in the end
Miguel
@Kommie Agree! This is so true! You can never be happy if you constantly compare yourself to others and try to be like them. Instead, be yourself and find your path in life.
Good article
Jydstar
The safer decision would be and employee not an employer but if you want to succeed you have to take risks. Great article
Napes
Interesting article. The term Intrapreneur is increasing its prevalence that provides an element of security by being an employee but also enabling the innovation and exploration of new ideas. I great middle ground for those that may be put off by the insecurity and riskiness of an entrepreneur.
Eyesakov2123
Completely agree. While entrepreneurship is fantastic, a lot of people would be right to say that entrepreneurship isn't for them. Sometimes I feel as if the success industry paints a very rosy picture of what it's like to be an entrepreneur (or at least self-employed) without showing all the potential impacts - Long work hours, working for free for (often) many years, uncertainty, stress etc. Thanks for sharing an amazing article!!
This is great one
Leenah
The path to success is full of rocky topography. I don't know if I said it right 😅
It's very important to fix your fath and follow yourself
It's great article, definitely we should follow our own paths
Interesting article, while I completely agree with the writer about following your path, Don't get distracted and keep going forward
Entrepreneurship requires understanding the nature of money and how it functions. It's crucial so that you can manage your business successfully and know where you stand.
entrepreneur takes all the risk of his biz. he also take all the profit. he is solely responsible for the success of his business.