The entrepreneurial industry is one that attracts hundreds of thousands of people every year. Everyone wants to own their own business. Everyone wants to reap the rewards that come with independent success which include financial freedom, more time to spend with your family and the ability to work for yourself rather than someone else.
But becoming an entrepreneur isn’t easy. If you want to become financially independent and get more time to spend with your family, be prepared to spend some money and hardly spend any time with your family at all while you work towards your goals.
The rewards are great, and certainly worth it, but it’s going to take some hard work. This book is about making that process as painless as possible and giving you the tools and information that you need to be successful more quickly.
An entrepreneur, basically, is anyone who starts a business. However most people don’t consider those who start a business, such as a website with little or no investment, and then don’t do any work on the business, to be entrepreneurs; in order to be a true entrepreneur, you must be actively working toward success with your business.
The National Federation of Independent Businesses reports that around 4 out of every 10 businesses actually make a profit. That means 6 out of 10 actually cost their founders money or lose money for the investors. This flies in the face of the conventional assumption that says only 1 out of every 10 businesses are successful.
Obviously, there are people out there that are making money and creating successful businesses. You definitely have the ability to be part of those statistics.
If you look at data from the Census and Bureau of Labor Statistics you’ll see that five years is the approximate time that it will take to know whether or not you are part of the successful businesses or whether your business is going to fail.
What you do in those five years is going to determine your success or failure and it’s not about your product, it’s not about your customer base, it’s not about your website; it’s not about anything except how hard you’re willing to work to make this happen.
Also published on Medium.