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Startups

Entrepreneurship – An option for everyone!

Source | LinkedIn : By Amitabh Saxena

An entrepreneur is the one who initially chooses to live a life which others are afraid of, to later live a life which others can only dream of.

There has been an increasing trend now a days to consider entrepreneurship as one of the option. As compared to 1980s and 90s, today the ecosystem is more supportive of new ventures. It presents more opportunities for us to be on our own as compared to the past. Why not consider this as one of the options available to all of us? It hardly matters at what stage of career you are in today. Even while working in a company you can be an intra-preneur, i.e. exhibit the qualities of an entrepreneur while staying in your company where you work. In this case your organization becomes the investor and you use its resources to do what an entrepreneur would do, if he had invested his own money. You should not be surprised if such a behavior of yours leads to an offer by your owner to become his partner, making you an entrepreneur the easy way!

Before we start discussing about the options available, let us see how to overcome the fear we might have before we attempt to do something new.

OVERCOMING FEAR

Some of the worst fears, which might prevent you from starting on your own, are fear of unknown, giving up a well paying job and facing ridicule if you fail.

1. Fear of unknown

May be in the past, you have never attempted anything which remotely resembles running your own business. May be no one in your family has attempted that or worse still, you know of people who have failed in their own ventures.

Let us remember that even in your present career with a so-called secure job, there is a factor called ‘unknown’ but we turn a blind eye to it, or we are under the false impression that our jobs are secure.

I firmly believe that you need to trust the society to take care of your business. What I mean is, once you have started providing a service or launched a product, trust the whole ecosystem to work in your favor. It really happens that way. You will find customers coming to you, people approaching you and your friends giving references to help you, if you put a little bit of sincere effort in your enterprise.

To reduce the fear of unknown you can always start ‘in parallel’. That means, without leaving a secure job, you can try your hands on what you intend to do. This will give you a feel of what you are capable of. If you find the results encouraging, then it is worth trying it full time.

2. Giving up a well paying job

You have struggled your way up the ladder and now you have a well paying job with an excellent team and a good company to take care of your insurances. Why would you leave all that?

I would say that by leaving your job, you are not going to suddenly unlearn your skill, or lose your reputation. Today, if you have 12 years of experience as a salesperson, and if you take a break for 2 years to do something else, you would still be left with 12 years of experience as salesperson! So you would be still needed by some company out there in the world to run its sales operations based on this experience. So where is the risk? Only that of losing 2 years? It’s worth having that experience.

Read On…

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