How much risk are you willing to take to start a business?

There was a time when I was willing to pay almost any price to turn an idea into reality. I put in the hours it took, sacrificing time with friends and, consequently, my social life. I assumed that everyone had to share my views and make the same sacrifices. One of my mistakes was confusing hours in the office with commitment to the cause (and by that I meant the start-up we were building).

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The risk is not so much failing with a business idea. Yes, it is painful and nobody wants to end up with that label of “failure” . Even if it is slow, things are changing  uk telegram data   little by little. There will always be some idiots, but more and more people value the fact of having gotten up more than having fallen. The risk I talk about in this post is another one.

 

Financial issues have never been important to me. Getting rich by creating a start-up was never my main motivation to get up in the morning and keep pushing the cart. The problem is that money doesn’t matter until it matters . People evolve in different fields in parallel. If things go well, we  how to differentiate your blog from the competition and stand out as a blogger    advance both personally and professionally.

Over the last 10 years I have gone from being a student to an entrepreneur. On a personal level I have matured from a young 25 year old guy to a husband with 2 children. Priorities change and with it the level of risk you want to take. Sometimes you just can’t take a risk because you have a family  rich data   that you could easily take on when you were single .

Being a start-up entrepreneur is living on the edge. It is not just a way of making a living, it goes much further. It is a lifestyle. You also have to like suffering, even if it sounds strange. You have to be “turned on” by those ups and downs that you experience continuously. You will be close to going crazy at times and you will burn yourself out if you don’t realize it.

I do not recommend anyone to become an entrepreneur

For most people the price to pay to live this life will not be worth it. They will not have the partner to support them in difficult times. The risk is too high. Becoming rich as an entrepreneur is almost like winning the lottery. There are cases that make the news but it is not the norm.

If you want to try this lifestyle, do it when you can . Do it when your personal life doesn’t depend on the income each month to pay the mortgage. Do it wisely. Accept the consequences quickly and throw in the towel if things don’t go well . Not giving up is good, but don’t start fighting windmills.

I don’t want this to be a negative post. One good moment can make up for many bad ones. At least that’s how I experience it. If this is your case, you are probably also an entrepreneur and you are not interested in living an easier life

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