Thursday, 28 November 2013

Why should You become an Entrepreneur?


There are so many reasons not to become an entrepreneur. I am not going to list them for you, because if you are not an entrepreneur already, I am convinced that you know all of them. So I will try to point out two important reasons to become an entrepreneur.
Passion. Only if you are a really lucky man or woman, and you like something enough to love it, will you be able to dedicate your life to it. After thousands of hours of hard work you will start to generate great value and suddenly your passion will have become your livelihood. Someone will recognize the value and will be thrilled to pay a price for it. If you are ambitious you will create a company to deliver your passion to your market. Entrepreneurship just happened, as everything great in life. This is the best reason to become an entrepreneur: Your passion.
But what happens if you do not have a passion in life?
Do something that matters by solving a real problem. There are plenty of real problems in life waiting for a solution. If you can find one and figure out how to solve it by delivering great value at a competitve price, then you have the opportunity to become an entrepreneur. The size of your market will determine the dimension of the business and how to build it. Entrepreneurship that happens as an analytical process is a great thing in life. This is the other best reason to become an entrepreneur: To solve a real problem that matters.
Do you admire someone? Think about people whose passion led them to do something that matters by solving a real problem. Get inspired by them. You will find the path through their stories. Pay attention to their feelings, not to their skills. To grow as an entrepreneur you need to know about strategy, execution and leadership. You will need to provide the right balance between cash, people, strategy, execution and technology to your project. You will need all these skills, but don't forget to focus always on people's emotions. Then you will be able to solve real problems with passion.

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