I'm not even near qualified to start a business...
It's not realistic...I'm just dreaming...
Everyone says my chances for success are tiny, it's not even worth it...
I don't have the time or the money...I can't just quit my job...
The timing just needs to be right...
People are probably already developing my idea...
Entrepreneurship has become a buzzword. It represents excitement, success, money, and innovation. Yet, despite the frequency with which the word is used, very few individuals actually make the leap and become entrepreneurs.
Indeed, according to the recent Global Entrepreneurship Monitor report, rates of youth entrepreneurship have actually been in decline. This is puzzling given that according to the GEM youth report, 87% of young people expressed their desire to pursue entrepreneurship at some point in their career.
Mindset is EVERYTHING
Stigma can be the biggest hurdle
Ideas are nothing without implementation
Setback is not failure
It is easier than you think
What are the benefits?
Now is the time
There will never exist a perfect time in your life to get started.
Nonetheless, now more than ever exists a time where the risks associated with becoming an entrepreneur are at their lowest.
Now is the time to act on it!
Build your network
As a founder your ideas, products, and services are your credentials.
You will have the opportunity to enter boardrooms with senior executives, not as an intern, but as a potential partner.
With the right skills and ideas, entrepreneurship gives you the opportunity to surpass age requirements and in the process meet business leaders, grow your network, and land investors.
Become a leader
You may or may not have already held a variety of leadership positions in your life.
However, nothing is quite like leading a business to success. It requires tact and dedication, and the challenges involved cannot be simulated without active exploration.
There simply is no better way to develop your negotiation, leadership, and teamwork skills than through entrepreneurship.
Be your own boss
Last but not least, entrepreneurship can provide the opportunity to become financially independent while being your own boss.
This aspect will be a direct result of relentless hard work coupled with true passion as motivation. Money as a sole motivator will never be enough.