Entrepreneur: A word which has no limits and dimensions.
Being an entrepreneur is itself a feeling of incomparable joy. It's a feeling of self realization, having broad thinking and a positive mindset.
But we are in the age where this ‘word' has got a new definition.
Where this word is going in a different direction.
People call themselves entrepreneur after buying a 100 INR ($2) domain from GoDaddy.
They call themselves an entrepreneur by starting a blog, having no vision where they are going to hit in next 5 years.
They call themselves entrepreneurs by making an app.
But in reality – this word has the definition far beyond our thinking.
I usually laugh at myself when I go back in 2011 (when I started my first blog), as I used to call myself as an entrepreneur.
My friends were laughing at me.
And I was thinking that why the hell they are not seeing the potential in me.
Why are they not seeing an entrepreneur in me.
…but they were right.
Their ridicule was genuine.
Which I realized after 3 years of being a “Fake Entrepreneur.”
I was not an entrepreneur.
I was not putting anything in risk.
I was not taking big decisions.
I was not creating something which could change people's life.
I was just seeing myself as an Entrepreneur.
But after spending 5 years in blogging, now I know what a true entrepreneur is and what sacrifices he/she makes to become a true entrepreneur.
In this article I am going to talk about those 15 realities which no one is telling you that what it costs to become an entrepreneur.
What problems do we face and how we overcome them.
#1. We Sacrifice Our Health
It's said – health is wealth.
But this world is going in the opposite direction.
We sacrifice our health to gain the wealth, and after 40-50 years we spend ‘that earned money' to gain the health back.
Such an irony of life.
I hate being an entrepreneur when it comes to health.
We sit 12-15 hours in a day in front of our computer, and keep on waiting for any miracle to change our life.
These 12-15 hours in a day converts in weeks, weeks into months, months into years.
We realize our mistake when we get some serious health problem.
In 2012, I got cervical pain. It was so worse that I couldn't do anything for next 3 months. I was on complete bed rest.
My business was declining and my pockets were going empty.
During this period, I realized the value of our health.
I asked myself – What the hell will I do with the money if I got any serious health issue.
That pain was a nature's call for me.
Soon I started doing some stretching, some acupressure, and I was back on track.
Since that incidence, I do stretching by going to gym and I keep on taking acupressure on time to time.
So we as an entrepreneur sacrifice this big part of our life.
#2. We Sacrifice Relations
We spend so many sleepless nights to achieve our goals that we end up paying less attention to our family and friends.
We spend time in isolation.
We miss a big part of our life in this never ending race.
I remember the days when I was not paying attention towards my family members, I lost my friends, no one was coming at my home to meet me.
I spent months by working in the small room.
So being an entrepreneur we go through this hard phase of life where we neglect our near and dear ones.
#3. We Sacrifice the Fun
How would you feel when your family members are watching their favorite TV serials and you are fighting with your idiot laptop in another room?
and the worst feeling when your friends are going for a movie and your website server is down at the same time.
We sacrifice a lot of fun in our life to achieve fun which we are going to enjoy in next 5-10 years.
We live in future.
#4. We Are Our Own Brand
It takes a lot of efforts to build your brand.. or I would say to blow your own trumpet.
We represent ourselves as a brand.
We show our face in different meetings, blog posts, videos and online interviews.
Doing these activities needs a lot of time.
But we are always ready to build the brand.
#5. We Go Through a lot of Frustration
I hate this.
I hate being frustrated.
We are on the path where there is no direct channel. We learn by doing a lot of mistakes.
So the frustration is obvious.
There are a lot of incidents in an entrepreneur's life when things go wrong, and he/she feel helpless.
It feels that all doors are closed and their is no exit way.
We end up wasting a lot of money on experiments, make some big mistakes (like I deleted my whole site in 2012 by mistake) and we want people to spend time.
So the frustration at this phase is very obvious.
#6. We Do Self Introspection
Keeping yourself motivated in such a negative environment is the biggest task.
We are surrounded by people who don't know our goals, who are not aware about the power of internet, and who are not big thinkers like we are.
They keep on proving us wrong.
They feel that we are doing something wrong with our life by putting immense efforts on the internet.
So the self introspection is something which we keep doing time to time. We keep ourselves motivated by watching videos, reading interviews and reading books.
#7. We Hustle to Achieve Big
When I heard the word ‘hustle' for the first time on Gary Vaynerchuk's blog, I didn't know what it meant.
But then the definition of this word made me feel super special when I understood this.
We as an entrepreneur hustle to achieve big in life.
We do something which normal people cannot do.
We take risks, learn new things daily, talk to people for business, market our blog, build an authority, and other things which are way beyond the reach of a normal human being.
#8. We Spend a Lot of Time on Learning
Learning is something which has a special place in the dictionary of an entrepreneur.
We learn by reading big blogs, watching a lot of videos, listening to podcasts and talking with the experts in our field.
Learning is a process.
A never ending process.
I see people who have never ever read any books in their entire life, they don't watch motivational videos, and they don't read any blogs.
But we are super special species.
We spend a lot of time by learning from successful people.
We analyze their life, their vision, their work ethics, and we try to become like them.
This is something which makes me feel proud as I am an avid book reader and I spend a lot of money on self learning.
#9. We Waste a Lot of Money
It's a bad feeling when you spend a lot of money and you get nothing in return.
I spent $500 on 50onRed, $500 on 7Search, and another $2000 on buying a domain name.
All money converted into a BIG ZERO.
But this is how the life of an entrepreneur goes.
Keep on spending money to learn new things and see a big picture of results.
#10. We TRY to Become Humble
Let me confess something.
I faked to become humble.
I tried to become humble when I started blogging. I used to hate people when they ask so many questions.
But once I started faking it for so many years, this habit got integrated in my life.
Now I am genuine humble. 🙂
We have so many tasks to do in a day that we become frustrated, and finally it's difficult to become humble.
So this is something which we try to do. Some people become genuine humble and some starts feeling themselves super special.
#11. We Master Many Skills
- We are writers.
- We are risk takers.
- We are marketers.
- We are social media experts.
- We are social in real life.
- We are designers.
- We are copywriters.
- We are managers.
- We are financial experts.
- We are technical experts.
and there are lot of other things where we are better than the crowd.
We are multi talented people.
But to master these skills, it takes a lot of efforts, time and dedication.
I haven't seen any entrepreneur who is just an expert in one field.
#12. We Stay Away From Negativity
This is something which we have to avoid at every corner of life.
Negativity from friends, family, customers, readers and from almost all possible sides.
It's very difficult to work in a negative environment. It demotivates you, make you feel insecure and degrade your energy.
So staying always from such people is itself a challenging task.
#13. We Struggle Hard to Find Time for Ourselves
Ahhhhhh… I hate this.
We entrepreneurs don't have time for ourself.
We are so committed to make our future better that we are ready to sacrifice our TODAY.
I personally hate this.
#14. We Create Our Presence Everywhere
Creating presence on social media, videos, podcasts, offline seminars, content sharing sites, and getting featured on some big blogs needs a lot of efforts.
We are always ready to put immense efforts to make our presence everywhere.
The more present we are, more we are going to reap the benefits.
Neil Patel is one of the live examples. He is everywhere.
Doesn't matter which blog you are reading, which big publication you are visiting, he is everywhere.
He is continuously putting efforts to get featured on big blogs as a guest author, he always says yes to interviews, he is in every roundup, people talk about him in their blog posts.
With time he has created such a big brand for himself that people treat him as one of the best content marketing ninja on the planet.
#15. We Handle People
Handling people is a tiresome and hectic process.
You have to take care everyone, meet their demands, and keep on checking their work quality.
A good human asset of today can leave your company anytime, and it can be a major setback for you.
So you have to be active to talk with them, to listen to their problems, to understand their needs and to fulfil their dreams.
Finding right people to work with you is another big task.
This word “Entrepreneur” has bitten so many newbies that they don't want to work for anyone. They want to become their own boss.
So who would be the employees?
So being an entrepreneur, it's one of the toughest task to manage people.
Although I talked about some of the negative factors about Entrepreneurship here, but this is also the fact that Entrepreneurs are the people who rule the world.
They keep on putting their best efforts to make this world a better place.
If becoming an Entrepreneur was so easy, then everyone would become.
I feel proud to say that I am an Entrepreneur now. I have more than 20 people working with me now, and I am the owner of 3 internet marketing firms.
Things will grow much bigger in the upcoming years, and I am 100% ready to play the bigger and toughest games.