As always, I find I am inspired by conversations that I am a part of or that I eavesdrop into (I’m very nosy, hence the journalism degree). I find that one of the best ice breakers is to tell people that you run your own company. Make that two like me and you have conversation material for years. People are always curious to know how it can be done and the one line I always hear is “I can’t wait to be my own boss, to decide my own schedule and make lots of money. I’m going to do it one day.”
With my short stint two year stint in entrepreneurship that seems to be working thus far -this shocks me every morning by the way- and with two failed (totally failed) businesses under my belt I think I can add my two cents to the above statement.
1.) I can’t wait to be my own boss: This is a highly romanticized approach towards being an entrepreneur. Your own boss? Your clients, the Kenya Revenue Authority, City Council and investors (if you have these) own you. Okay maybe I’m being too hyperbolic about this. The truth is you’re still accountable to a lot of parties and the accountability doesn’t end and turn into you drinking mojitos while turning in your annual reports – although this is a fun possibility too.
2.) I will decide my own schedule: No, you won’t. Your smart phone, especially in the beginning when having an assistant is but a distant dream, will be your reference for all things. This will include remembering people’s names, office locations, client’s favorite things, your supplier’s children’s names… And it will allow people to tag you into their Google calendar and schedule you into meetings. Occasionally, you may schedule your own meetings, but remember this is a luxury. Enjoy it while your business is still young.
3.) I’m going to do it one day: This reminds me of that joke that I love laughing to “Procrastinators of the world unite, tomorrow.” If you’re not taking steps to go into entrepreneurship it’s not going to happen. And it will never be the kind of thing you do ‘when the time is right’. The phrase ‘Shit happens’ excuse my language, is an understatement as to what your situation will be once you choose this path.
That said, I have never been more fulfilled and happier than when creating value for the investor, client and employee. And watching your business grow, encounter and jump hurdles as well as become known, on its own merit is quite a heart warmer. So, as a parting note I would say do it, but only if you’re absolutely passionate and driven by what you’re trying to create. That’s the only thing that will have you show up day after day even when stuff isn’t working out.
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