3 reasons you shouldn’t be an entrepreneur

There are always the right and wrong reasons for everything. An honest intention as to why we do what we do, counts a lot and defines what the outcome of our decision will be. When it comes to being financially independent, well who doesn’t want that. Everyone in one form or another, wishes to be presented opportunities that make them get away from the everyday routine work and decide for themselves making them their own boss.

No matter how much you want to achieve as an entrepreneur, there will always be some wrong reasons behind it. And below is just a list of things according to my understanding and hands-on experience running and managing some big online shops and offline distribution channels.

  1. You want to be your own boss
    As mentioned above, who doesn’t want to be their own boss. But remember, being your own boss carries lots of responsibilities. You must be willing to co-operate with others on a larger scale, and in most cases be even more cautious and patient. Since when being an employee you might just have to deal with colleagues and your boss, but being your own boss would require a lot more interaction with dozens, sometimes hundreds of various personalities.
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Importance of a healthy cash flow

People often get into a business with 100% devotion, but over time they tend to lose that one thing that made them get into doing this in the first place. I feel that if one is to do something, do it with devotion or don’t get into it at all. Half-hearted business deals, or ideas go half-way and then they die while taking your cash with them.

So the very simple thing you need to keep in mind is, “keep the revenue coming”. You really need to be very active in selling your services and products, every single day of the week. Time is passing, and your plans of becoming the king (or queen) of your niche will also stay a dream unless you really do something with it.

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Trust your gut feeling

We are often in a situation where we have nothing else to rely on than our own gut feeling. It could be at the time when you are thinking of adding a new product in your collection to introducing a service that you think will blow the competition away. I think no matter what your situation is, your gut instinct will definitely have to be playing a role as well. I try to learn from my mistakes, and just to be frank, I too have had products in my collection that haven’t given that much in return, and instead something I didn’t think of as a product worth investing in, managed to do so well. That’s how our experience is polished, and that’s how we don’t make the same mistakes again.

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Remember those that’ve helped

In the world we are living in, everyone is trying to use someone as a ladder to reach the top. There is nothing wrong in it, unless you are doing it for the wrong reasons. If you are a genuine person, who has a thankful nature, you will use the other person to reach a higher goal and in return be loyal enough to not forget the people that helped you.

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