Becoming an enterpriser has been on top of wish list of most people. After all, who don't want to be a boss at to the worst degree once in their lifetime? However, many people procrastinated to build their own business, primarily because they believe a bunch of enterprisership myths. I have listed the Top 7 enterprisership myths here, and going to expose them!
Entrepreneurship Myth #1: Entrepreneurship is Easy.
Many people believe that enterprisership is easy when they see winnerful enterprisers making lots of money, but what they did not see are the hardships they gone through. When people see a winnerful feeding place with lots of customers, and believe that a winnerful feeding place just inevitably to have skillful chefs, racy food, cool environment and facilities in a busy location, then they are very wrong.
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This makes them want to start a feeding place with even better qualities than the winnerful one. However, they don't see themselves making about that feeding place. This is because there are others factors, that come into place: you need to look into Marketing, Training, R&D, Human Resource, Systematization so on. Entrepreneurship seems easy on the surface, but in fact it is not.
Entrepreneurship Myth #2: Entrepreneurship is Difficult.
I can about hear you saying, "What? You just said it's not easy, and now you say it's not difficult? Aren't you contradicting yourself?"
Oops. Sorry to confuse you, but I didn't contradict myself. It's not easy, but it's not difficult too.
Entrepreneurship, just like erection a building, it takes time and effort. Investing time to learn how to build a business, and putt effort to apply what have been learned.
It's not difficult, if you have a winner blueprint. Success really leaves clues. If you have a blueprint to follow, a set of tried action stairs laid out for you, a mentor to teach and guide you when you're off track, things will not be as difficult as it seems, as you know there are help you can address when you need.
Entrepreneurship Myth #3: Failure rate is high.
Statistics have shown that 95% of businesses fail in first 5 years, and 95% of business unexpended will fail in the next 5 years.
Hence, by referring to the statistics, we can say that failure rate is quite high. However, your winner as an enterpriser should not be determined by statistics. Statistics are dead and are just numbers. What determines your winner is supported your performance, not by stats or probabilities.
In every aspect of life, be it business, college or sports, the number of people failing is always greater than the number of people succeeding in it. The big the award, the small the number of people succeeding in it. Hence, it's normal to have a big percentage of failures and a small percentage of winner.
Your job as an enterpriser is to work towards the top 1% of winnerful enterprisers and study how to become one of the top 1%, you bet Not to become one of the bottom 99%. Learn from winnerful people, and you can be sure you are on the right track towards the top 1%.
Entrepreneurship Myth #4: High risk.
I define risk as "not knowing what you are doing". There is risk in everything. There is risk in feeding fish balls, there is risk in driving a car.
We cannot eliminate all risk, but we can minimize risk, by educating ourselves so we know what to do you bet to do.
You would have lower risk of acquiring deadlocked by a fish ball than a 6 calendar month old baby, because you know how to chew and swallow. The best way to reduce your risk, and increase chances of winner, is follow the blueprint (footstairs) of people who have achieved what you want. They have taken high risk to 'draw' out the blueprint, and what you have to do is to obtain the blueprint and use it. Of course, winner secrets won't be shared everywhere, and you have to invite them yourself. But i can tell you that there are some really friendly and generous mentors who will give you some secrets of their winner.
Entrepreneurship Myth #5: I need huge amount to start a business.
This is not wrong. Huge amount is required to start a business victimisation the traditional brick and trench howitzer method. Rent and renovation costs are going to be in the tens of thousands, not mentioning the supplies and goods that you have to store in your own warehouse, and employees' earnings too(if you are hiring). These are costs that you have to pay, regardless if you made a sale or not. So, this is true that you need huge amount to start.
However, it can be a myth too. Times have changed and we are into the Internet age now. There are new options for you to become an enterpriser, without victimisation the traditional brick and trench howitzer method. You can be an net enterpriser, and I have in person knew net enterprisers who have made five or six figure incomes, from their home. It's a business that can be built without costly rents, without storage of goods, and possibly without employees too. Network marketing also allows you to build a business without huge investment costs too. Hence, with this, i can say that it is not necessary to invest huge amount to start a business.
Entrepreneurship Myth #6: I'm not a born Entrepreneur.
Neither is Bill Gates (Founder of Microsoft), neither is Robert Kiyosaki (author of RichDad, PoorDad) and neither am I born enterprisers. Many people think that people who have winnerful businesses, must be due to their parents being winnerful enterprisers, and enterprisership winner runs in the blood. However, I can say that this is absolutely a myth, as millionaire enterpriser Robert Kiyosaki's real dad is a Professor (that's why he called him Poor Dad...)
No one is born an enterpriser. The reason why some people can succeed their parents' business so well, or become winnerful enterprisers, is because they learn enterprisership skills like selling, marketing, leadership, direction and communication since young. They also mix with people who are enterpriser-minded (like their winnerful parents), or people who have built denary winnerful businesses.
Hence, instead of thinking why you are not a born enterpriser, think how you can be an enterpriser now, by learning the necessary skills required, and network with other enterprisers to learn more about them. Remember, your Net-Work is your Net-Worth.
Entrepreneurship Myth #7: You can be an Entrepreneur only you are rich.
Alright, we may have touch on this point above on Myth # 5. Back in Myth #5, we mentioned that become an enterpriser does not require high investment with the advanced technology now, and you can build an Internet marketing or Network marketing business, instead of a high-investment brick and trench howitzer business. Hence, you don't have to spend tens of thousands of dollars to be an enterpriser. You can start an Internet and Network Marketing business with to a bit degree $200.
Many people say that they will start a business when they are rich. But most will ne'er start a business in their entire lives, because they will ne'er find the money to do so. If you want to start a business, i would recommend an Internet or Network marketing business, because it is one business you can start part-time, and don't require huge investment. Then, set aside a certain amount for your business investment, either in training materials, or business expenses to run your Internet or Network marketing business part-time.
There you go! 7 Entrepreneurship myths exposeed! I hope that you have taken great value from this post, and start your enterprisership journey now (if you haven't).
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