Are You Destined To Be An Entrepreneur?

Quitting the 9-to-5 hustle is easier said than done

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But the reality is that not everyone can afford such a view.

Most people have grown out of the idea of going to college or getting a 9-to-5 job unlike their parents, who preferred stability and a decent retirement pension above everything else.

One of the things I realized was that one needs money for two things: luxury and survival.

Image: Morning Brew at Unsplash

Developing the notion of hating your day job is easy.

Transitioning into a career you love is the challenging part.

Solve a problem. Try and be helpful.

Most founders and entrepreneurs start off their journey to resolve an issue that has bugged them for decades.

Find a way to make $1.

When you start out expect to work for $0 an hour.

No one will pay you a dime unless you have helped out at least a thousand people. It could be less, but this phase will help you build resilience, understand the concept of “bootstrapping” and will potentially give you an idea of how you can manage your burn rate.

Create a newsletter.

Once you know your interest, you need others to know about your interest, and the only way to market it yourself is through a “newsletter”. Content creation and marketing are key aspects when it comes to raising brand awareness.

“It is how you find people. Period.”

Most of my current mentors have been introduced to me by other former colleagues or mentors through content. Be it LinkedIn, Facebook, Medium, or their personal blog/ company website, their content is what drew me towards them. A simple message such as “I loved that video” or “that blogpost really conveyed the message” oftentimes turn into a meaningful conversation.

Hire a capable sales team

A capable sales team will do all the hard work for you. It’s a tough ask to manage a startup or a business all by yourself. A capable sales team who understands consumer psychology and knows how to treat the customers fairly will bring in a set of loyal customers who will stick by your brand for life.

Ditch the savings account and start investing

No one ever got rich by saving money”. The saying is true. If you simply save your money, the effects of inflation and a low-interest rate regime will destroy it’s worth in real terms. The trick is to invest your money and let it work for you.

Concluding remarks

Image: Brooke Lark on Unsplash

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