Do You Have What It Takes to Be an Entrepreneur?

Dallas B.R.A.I.N.'s Griffin Lewin delves into what it takes to embark into the world of entrepreneurship — and survive

Photo: iStock

STARTING A BUSINESS IS HARD WORK, BUT DON’T GET DISCOURAGED


The year is 2016, and as we carve our way into the 21st century, more of us are starting to discover ways to take control of our lives, our financials, and our legacies by working for our own dream. 

By taking a leap off the cliff of your secure job and into the unknown world of entrepreneurship, you’re taking a stand and making a choice to impact the world with your own brand and personal touch. However, it’s not as easy as The Social Network and Hollywood make it seem. It’s the world where you sink or swim, and you eat what you kill.

THE SPARK OF AN IDEA

That’s not to say it shouldn’t be given serious thought, though. If you have an inkling of a vision pulling your thoughts away from your day, sit down and find a way to pursue it. 

Most who lack experience in starting a business don’t know where to begin and that’s normal. At first, all you need is a pen and paper — the cornerstone of where all great ideas begin. Before you begin, however, understand this: starting a business is hard work. Keeping your business running is even harder. It is not a fantasy or an excuse for you to sleep in and work three days a week because it’s “your business.” It’s the opposite, in fact.

Entrepreneurs are the hardest workers in the room. They have to be. Growing a business is like raising a child. In the beginning, you will sleep less, eat less, and have less time for hobbies and social events. And, you will have to make sacrifices in more realms than these.

Nothing worth having is ever easy to attain.

This is not to discourage you. Nothing worth having is ever easy to attain.

You must stop thinking short-term and forge the discipline to keep your long-term vision at the forefront of your mind.

You will not have a blog that generates $150,000 a month by New Year’s Day (unless you have some very scandalous or controversial material and excellent marketing skills). You will not be ruling Silicon Valley with your new app idea by Christmas (unless you’ve got something better than Angry Birds whipped up). But you will have started — something many people cannot attest for themselves.

You will have an idea and attainable goals. You will have developed a business plan. You will have begun to make contacts with anyone and everyone. Talking to every person is now a part of your life because everybody has something to offer and you can’t afford to pass up someone else’s knowledge or mutual friend because you’re afraid they won’t like you or that you’ll be late to lunch.

Hours, and hours, and hours

Outside of work, you’ll have done hours, and hours, and hours of research. You’ll never stop researching because knowledge is one of the many keys to success. In turn, you’ll understand your competition, your industry, the mistakes of the past, and the projections of the future because you want to be leading your industry, not tagging along in the back.

You’ll develop a general understanding of the legal aspects of owning a business and how to file your business with the government. You’ll realize that marketing is what shows your business to the world and that choosing to not use social media and the internet will set you back tenfold.

You’ll take advantage of free and invaluable resources at your disposal. And soon you’ll begin to embrace failure and praise criticism, because you know that both allow your business to improve.

Are you ready to start down this path? Are you prepared with the knowledge that 90 percent of new businesses fail within two years? Do you believe in your dream so much that you’ll disregard scary facts and statistics about businesses failing?

Good.

Now that you know what you’re in for, and you’ve decided that you have what it takes to craft your own vision in life, you’re ready to get your hands dirty. That’s where the Dallas B.R.A.I.N. comes in. By coming into our office and joining our free workshops, you’ll begin to accumulate an understanding of your idea and the gaps in your knowledge, where you can improve, and who you need to help your business thrive.

Start your journey at the Dallas B.R.A.I.N.

Dallas is among the top cities in America to start your own business, and we have the tools to connect you with the resources you need to grow your vision and your city.

Following your vision begins one step at a time. The resources and connections the City of Dallas offers for free are some of the many tools that you would be remiss to overlook. Browse our website and blog, send us an email or call us. Then, come into the office and begin your entrepreneurship journey.

Griffin Lewin, Small Business Intern | Dallas B.R.A.I.N.


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