What would be your last lecture to someone wanting to begin the entrepreneur journey? What words of advice, direction, or caution would you give him or her if you had only one chance to give your own last lecture?
My words of advice to someone wanting to begin the entrepreneur journey are be prepared to work hard. Be prepared to work every day. Be prepared to put some tears into it. Be prepared to get enormous joy out of making people's lives better.
Entrepreneurship is hard but very rewarding. The lessons taught in E-Myth make a lot of sense to me. I would encourage anyone wanting to be an entrepreneur to read that book. It may help a person avoid the burnout that could come with starting a business. A few words of caution: Don't try to do everything yourself. Bring on help but stay active in your business. Don't trust it to other people but also don't try to keep it to yourself.
I think one thing that stops me is the fear that I might fail but there is also the fear that I might succeed. Sometimes success is harder than failure. It is easy to fail and humans have much more practice at failing. Success is less common and some people don't know how to manage the responsibilities that come with success. I sometimes wonder how I would know how to make the decisions that success would bring. I know how to scrimp, save and go without. I've never had insurance since I left my parents' home. I have never had a car newer than 7 years old. I'm not sure I know how to make the decisions necessary pertaining to those types of things.
Don't let my hangups be your hangups. Put your heart into your dreams. Go for it!
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