Ask Leo - Are you set for entrepreneurship

in LeoFinance2 years ago

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Many individuals keep showing huge interest in entrepreneurship and they believe that becoming an entrepreneur can give them the kind of financial freedom which they really want..

Well of course , entrepreneurship is an amazing thing and I have no problem with those that strongly believe in it , I also love and admire entrepreneurship but the truth remains that , entrepreneurship is not for everybody or let me say entrepreneurship have a due process we need to follow before we can know whether we are really fit to become an entrepenur or not..

Entrepenurship needs money as a major role , a person needs to have capital to start a business , forget whatever any motivational speaker is telling you about starting a business without spending a time...

Yes of course it is possible to start a business without spending a dime but it is very rare and not really realistic , because it worked for some few people who were lucky , that do not mean that is how it works on a general term.. ..

You need to at least have a capital to start the business even if it is on a small scale , you need to spend money to make money , though how much you spend is relative but the fact remains that capital and entreneurship goes hand in hand , they both work together..

It takes time and money
Entrepreneurs don’t appear overnight. It takes a lot of time and effort to be on par with the other companies. A person needs to have some money to start up a business. Most people believe that being an entrepreneur is an easy way to make a lot of money, but that is not the case...

So if you do not have a dime to start a business , then chill and work towards raising some capital on whichever way you can before you engage in your entrepreneurship journey..

Another factor which you need to consider before you embark on entrepreneurship is that you need to be sure that you have a good time-management in place , you need to be sure you are well prepared to be able to manage your time effectively while you are engaging in entrepenurship , if your time management is poor, then it is not yet time for you to consider entrepreneurship , you need to put time management into consideration if you want to be a successful entrepreneur.

Are you someone who can embrace challenges and be willing to learn from it instead of getting depressed or worried over it ?? If your answer to the question is "No", then entrepreneurship might not be for you..

You need to be a person who can keep pushing no matter the failure they experience in a business , because reality is that there would sometimes be failure in the business and a person who wants to be a successful entreprenuer must be determined and patient enough to keep pushing till they overcome the failure in the business.

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