Successful entrepreneurship is one of the most desired lifestyles. When many people think of successful entrepreneurship, they think of the private jets, mansion of a house, and a booming business that brings in a ginormous amount of revenue. Although this is the ideal lifestyle to live, this lifestyle is hard to attain. It takes many years to reach that point, and there will be points in your journey when your entrepreneurial enthusiasm will be put to the test.
When individuals get put to the test, only the entrepreneurs who are committed for the right reasons are the ones who persevere, become successful, and maybe, just maybe get the private jet, mansion of a house, and a booming business. If you are an entrepreneur for any of these seven reasons (the more the better), then entrepreneurship is the right path for you to stick on.
#1: You Want To Solve A Problem
No matter how advanced our society is, it will still have its set of problems. Solving problems such as making an infinite amount of information available in one place (thanks Google) and making online videos easier and cooler to watch than ever before (thanks YouTube) is the blueprint to success.
Even if you solve smaller scale problems (providing people with new information that makes a process easier), you can still make a large income. Gary Keller’s book The ONE Thing did not solve a problem on the scale of Google or YouTube, but it still solved an important and common problem by empowering readers with the knowledge they need to become successful. If you can solve a problem and promote the solution so numerous people who need that solution are exposed to it, you sales will jump upwards.
#2: You Want To Serve Others
Life is not about serving yourself; it is about serving others. So is entrepreneurship. If you are so focused on serving yourself, you will forget to create an experience that also serves the customer. Amazon serves its customers by saving a trip to the store, and then another trip, and those trips to various stores add up. In addition, Amazon Prime Members get their orders delivered within two days. Amazon makes it easy to self-publish books and does a plethora of other things to serve its customers.
Jeff Bezos became a billionaire because of Amazon, and one of the primary reasons Amazon succeeded was because it focused on serving others. When Jeff Bezos had Amazon on his mind, he was thinking of serving his customers, not himself. Customers are not buying from Amazon because Jeff Bezos is a billionaire. When I buy something from Amazon, I’m not thinking, “Gotta do it for Jeff.” I’m thinking, “It beats driving to the store, there are so many options, and as an Amazon Prime member, I only have to wait two days to receive my order.” If a business serves the customer, then that customer will become a returning customer.
#3: You Want To Spread Your Message
You have a powerful message that you are proud of and want to share with the entire world. Spreading your message and going from no audience to being an authority in your niche is a challenging task. With that in mind, make sure the message you are spreading is a worthy one. It will take you many months and years to spread your message far and wide. Spreading your message may result in a full-time income, but the full-time income is simply a by-product. Spreading a worthy message, and getting people to believe in that message should be the two main goals. Money should not be driving your efforts.
#4: You Want To Change The World
If you want to change the world for the better with a product, service, or any other innovation, then entrepreneurship is the right path for you. If you want to change the world, then you need to think of a way to serve other people on a global scale. Amazon changed the world because it has served people from all around the world.
A business that serves people in a county, city, state/providence, or country only serves the people in those areas. To truly change the world, your business needs to impact anyone’s life, regardless of where that person is on the planet.
#5: You Have A Passion
Having a passion for what you do is the secret sauce to entrepreneurial success. The “crazy people” in society, the ones who stick with their ideas when the situation looks grim but still end up on top, are fueled by their passions.
Steve Jobs’ life and legacy was fueled by his passion for technology, even when he got fired from Apple. Bill Gates’ life and legacy have also been fueled by his passion for technology. Even when Traf-O-Data failed, Bill Gates founded Microsoft and took it very far. You will encounter obstacles throughout your journey. The amount of passion you have for what you do will determine how high you can jump over those obstacles.
#6: You Want To Be A Pilot Instead Of A Passenger
You are tired of watching others become successful as you continue to stay where you are, and you realize that now is your time to take action. You want to put in the hard work associated with being an entrepreneur. It is easier to look out of the window as a passenger than it is to land the plane as a pilot. It is easier to watch television and procrastinate time away than it is to put in the work required to become a successful entrepreneur.
If you make the switch from passenger to pilot, then you are committing yourself to the work it takes to become a successful entrepreneur. Making this commitment for the sake of your dreams is the most important step entrepreneurs ever make.
#7: You Want To Live A Fulfilling Life
You want to live a life that you will be proud of when you summarize your life during your final days. This is not exactly a life defined by how much money in your bank account. A fulfilling life is one where you control the hours you work, you only work on what you love, you make a strong income (by-product), and most importantly, you get to spend more time with your family. Many marriages start going south when partners spend long amounts of time away from each other and fail to help each other. It is important to serve your customers, but some people are even more important than your best customers who will buy everything that you put into the marketplace.
Although entrepreneurship initially takes up more time in your day, you always work under your own schedule. You can take breaks and be with your family at any given moment. If something bad happened between you and family members, you will have newfound time to patch things up. When you become successful as an entrepreneur, you will make money in your sleep, and your business will grow even if you take a four week vacation.
Entrepreneurship is a desired life path because of the chance of great fortune, full flexibility over your time, and the ability to do what you love to do. However, the most successful entrepreneurs are the ones who continue for the right reasons.
I started my journey because I wanted to serve other people with valuable information. When I first started, that meant writing a blog about the Boston Red Sox. A few blogs later, I created this blog, and the purpose for this blog is to provide valuable content that serves others. Money was a by-product of the value I was already providing before I made any money at all.
Why did you become an entrepreneur? Why are you still an entrepreneur? Please share your entrepreneurial experiences below.