Why #entrepreneurs -might- succeed!
- By: Qwaider
- On:Thursday, February 11, 2010 8:14:33 PM
- In:Thoughts
- Viewed: (4591) times
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If you have a steady job, great! You're better than many. You can rely on the comfort and security that comes along when you do what you're told. At the end of the day that's what the very definition of "Job" is.
But how many people actually love their jobs, or even like it? I wouldn't be very far of if I say, very few. In fact, most people like certain aspects about their jobs. Love the perks and the benefits, but for the vast majority... A job is something to put bread on the table, people tolerate it because of that.
This is not the case with Entrepreneurships. Who would start something if they didn't truly, madly and deeply love what they're doing? In fact, it's one of the downsides of entrepreneurs that they actually love their "babies" a bit too much to see that they're not doing so well, until it's too late!
The results for start-ups are really grim. Less than 10% make it through the first year. Of those, less than 10% ever reach a good operational size, and of those, less than 10% reach an IPO. Of those, perhaps less than 1% reach the status of Google or Microsoft.. So thinking about it, it's rather bleak for anyone...
The problem isn't always ideas or innovation. In fact many entrepreneurs had fantastic ideas. Some of the most successful products on the planet came from failed start-ups. But the problem is how people accept the new ideas. How they help them. How they nourish them. How they move forward with them. How they shift the paradigm with them.
Not all start-ups are technology based, not all start-ups depend on innovation they might just bring a new twist to an old game, or even an old service to a new crowd.
One thing is certain though, entrepreneurs love what they're doing, they approach it with every fiber of their being. They give it their whole and dedicate everything in their powers to achieve their goals. They try everything and sacrifice everything for their creation....
And that's why entrepreneurs might succeed...
So if you're an entrepreneur and you find yourself asking, "Why am I doing this?, I don't even like what I'm doing!", be prepared to find yourself among the 90% who will not get anywhere
Memories....