Are you Starting your Own Business for all the Wrong Reasons?

When you’re passionate about something, you’re super ambitious and you want to put your unique talents to good use. Venturing out into the big, bad world and fulfilling your potential as an entrepreneur is both a rewarding and thrilling feat.

The question is, is it actually possible to start a business for the wrong reasons? The answer, quite simply, is YES. We take a look at a few of the reasons below.

You Don’t Want to Have to Work as Hard

Being your own boss sounds appealing, especially if you’re under the impression that you won’t have to work as hard as you would if you were working for somebody else. However, while starting a business is one thing, maintaining it is quite another!

Getting a new business off the ground and ensuring that you are able to make a hearty profit from month to month will often require you to work harder than you have ever worked in your life. The good news is that it will all be worth it in the end.

You Need a Job

Struggling to find a part time student job? You’re definitely not alone. Unemployment is a big problem in South Africa, which is why the solution for many a job seeker is to simply create their own work opportunities.

If you have thought this through thoroughly and you are passionate about the new venture, that’s wonderful! However, it is a risky decision and definitely not something that you want to go into without having completed the right amount of planning and research.

You Want to Coin It

If you want to get rich fast, starting and running your own business might not be the best way to go about it. While you might one day start making good money, rest assured that the first few months, if not years, are likely to prove difficult and rather unsatisfying from a financial standpoint. Like most things in life, you’ve got to earn it!

If you’re sure that you’re ready to enter the entrepreneurial world with focus, passion, determination and drive, SA Teen Entrepreneur is here to provide you with the support that you both need and deserve. Visit our website today and sign up to join our Teen Entrepreneur programme. You’ll be very glad you did.

2017-06-06T07:37:48+00:00 June 12th, 2017|Articles for Teens|