FIVE MISCONCEPTIONS OF ENTREPRENEURSHIP

You’re an overnight success!

People tend to study the success story and forget its origin. What comes prior to a success is most probably a massive struggle. Truth is, it can take years to become an overnight success. Take Steve Jobs as an example. Can you believe Apple was born 30 years ago? Yes, indeed, Apple was not an overnight success. And the fuzz around the brand didn’t start at that time.

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You have to be a businessperson to be an entrepreneur

Wrong! You can be anyone and become an entrepreneur and that’s if you’re a visionary. What it takes is a great idea, a vision and a plan behind it. Ideally, you could hire a businessperson to develop your plan, there’s no necessity in you being the businessperson; nowadays, outsourcing is taking over as it permits to concentrate more on the idea and therefore develop it more thoroughly. In today’s world, organizations are forced to look for new ways to generate value due to the increasing competition. The world has embraced the phenomenon of outsourcing most of the supporting activities of a value chain to be able to expand and develop the core activities.

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You have to do it on your own

The truth is you can’t make it on your own. It’s very pretentious to think that you know everything and that the help of others wouldn’t get you at least one step closer to success. It’s true that you should rely on your own strengths and ideas and be able to fight on your own but trying to do everything yourself will prevent you from focusing on the work where your personal touch is necessary and where your concentration is vital. You need to have a team to outsource (on the personal level) some work.

 

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You Can Slack Off Once You’ve Reached The Top

Success works in a way that every time a human being achieves something he wants to accomplish something that’s bigger. Human nature always wants more. Apart from that, the dynamic competition won’t allow your survival in the market if you slack off; customers are becoming more demanding and are being offered many substitutes, therefore a business should keep up with innovation and slacking off is therefore not an option.

After you’ve worked hard to accomplish something, your mind and body simply will not know how to adjust to the relaxation; a successful person would be unhappy if she wasn’t aiming to achieve a higher success.

 

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You have to be a genius! You have to be born with it!

 

Entrepreneurs cannot be categorized; they come in all shapes and sizes, just like their businesses do. Thinking that you have to be a genius to be an entrepreneur is too mainstream; however what you surely need to have is passion! Passion is what pushes you to do the impossible to accomplish your goals and therefore your company’s success. Persistence and willingness are necessities too. To be an entrepreneur you have to be a visionary, a person who uses its creativity to fulfill unsatisfied needs or to create new ones.

 

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