There are so many misconceptions about new entrepreneurs and we’ve all heard them at some point. Let’s take a look at a few.

You never quit

Quitting isn’t always a bad thing. Sometimes people quit to pursue better things, and that’s okay. The same way many entrepreneurs quit their 9 - 5 jobs to pursue entrepreneurship, or how they shut down their existing businesses to follow different avenues. Entrepreneurs do quit, but they also get back up and try again or start afresh.

You have money

Not all entrepreneurs are rich. Some may accumulate their riches over time but most of them defi-nitely don’t get rich overnight. A lot of entrepreneurs actually save up to start their businesses and work on attracting investors later on. So don’t let anyone tell you you’ve got to be rich to start a business.

You have a lot of time on your hands

The work of an entrepreneur is never done. Entrepreneurs may leave their place of business, but best believe that they’re still working wherever they are. They oversee everything, even if it’s from a distance and they’re always ensuring that their customers, employees and investors are happy. That’s a never-ending job.

You’re born, not made

Entrepreneurs are driven by passion and they succeed because of their persistence, leadership, good communication and self-management, which are all skills that can be learnt. So, although you may have started off with your 9 - 5 job, you also have it in you to start your own business. You just have to believe in your vision.

Failure is inevitable

Entrepreneurship, like most things, requires patience and the will to want to try again should you fail. However, not all entrepreneurs fail the first time around. Some entrepreneurs start off successful and may fail years down the line or not at all. And if you happen to fail, that doesn’t determine how successful your business will be should you decide to try again.

Your path to becoming an entrepreneur won’t be the same as the next person’s, so it would be best to experience this journey for yourself. If misconceptions were ever a reason for you not to contin-ue with your business or they’re the reason you started based on things that sounded good but may never even apply to you, we hope this helped.

Follow us

Newsletter