Why It Absolutely Sucks To Be An Entrepreneur
Hello Steemers!
This is my first post after finding out about Steemit from @neilstrauss today.
I'll come back with my official introduction post shortly. For now I thought I'd share one of the most popular posts I've written over on my blog, as a sort of interim-introduction if you will.
It struck quite a chord among my extended network and community when it was first published, due in large part to the fact that I'm not pretending that entrepreneurship is a bright, shiny rainbow of awesomeness, and that it does, in fact (and quote often), suck.
Here's the original post, in all it's glory.
Fair warning: It gets a little sweary at times.
I hope you enjoy it.
(Originally posted at: http://nickcownie.com/entrepreneur/why-it-absolutely-sucks-to-be-an-entrepreneur/)
Being an entrepreneur sucks.
It really does.
It's challenging. It's difficult. It's tiring.
Some of the absolute most devastating times in my life can be directly attributed to my decision to become an entrepreneur and work for myself.
Over the eighteen years I've been doing this...
I've (almost) declared bankruptcy at least a dozen times,
My wife and I have considered splitting up at least twice,
I've missed important events in my kid's lives,
I've been through the depths of a soul-crushing depression (that lasted three years),
More times than I can possibly count I've found myself searching job sites in the middle of the night, desperately trying to convince myself that I'm not a failure if I go and get a "real job",
I've fucked up major business relationships that brought in about eighty percent of my income at the time,
And a whole lot more!
So why do I persist with this fools errand?
Because I'm pathologically, psychologically, spiritually, and probably a little obsessive-compulsively opposed to getting a job or working for someone else.
I hate it.
Always have... Probably always will.
Here's the thing:
Entrepreneurship is a violent, unforgiving rollercoaster.
There are massive highs, and devastating lows.
So let's talk about the highs.
In the eighteen years I've "followed my bliss" to "turn my passion into profits" (and other contrived bullshit that also doesn't make you any money), I've had the distinct pleasure of doing all this awesome stuff too:
I wrote a killer book called 7 Minute Mindset which sold all over the world, and made me REALLY famous in a TINY circle!
I gave myself a 62,000% pay-rise (yes, seriously) when I made a massive leap from turning over around $16,000 per year to making $99,800 in a weekend.
I met pretty much every "hero" I'd ever had in the business world (some of whom were awesome... others were assholes).
I was invited to speak at the World Internet Summit -- which had been a goal of mine ever since I was an extremely-broke-yet-wide-eyed Acupuncturist looking to make his own way in this crazy, crazy world.
I've travelled the world with my family, and worked from an apartment in the heart of Paris (thanks AirBnB), hotels in Scotland and Italy, a luxury serviced apartment in Bangkok (thanks A&D)... and I almost checked my email at Disneyland (but I successfully fought the urge).
And most recently, I've been invited to speak at an awesome seminar in San Diego, California in eight weeks.
There's more, but honestly I'm pretty tired right now -- my wife and both kids have been vomiting all day with food poisoning (thanks KFC!) -- so I'm sure you get the point.
Highs and lows.
That's the game. Them's the breaks.
If you can't handle the lows, you won't survive the highs.
So how do you actually make it as an entrepreneur?
You decide you'll do whatever the fuck it takes to make it.
That's the ONLY way you'll ever get through it.
And then you come good on that promise to yourself.
When you spend all day wiping vomit off your kids face, you still write a blog post at night.
When your wife almost dies unexpectedly from a random virus, you make sure your taxes get filed.
When you pull a muscle in your neck (or back... or leg... or shoulder -- or dislocate someone else's shoulder... sorry Stu) at Jiu-Jitsu class, you still get up early the next day, and get your ass to the office (or, the kitchen table, or the cafe, or wherever the hell you work from) and smash through that keynote presentation for your next workshop.
That's how I do it.
Because if you don't do it...
If you don't make yourself do it even when you don't want to...
If you don't take complete and utter responsibility for everything that happens in your world (no - not the world - YOUR world)...
If you don't quit making excuses, and just get important shit done...
Well, quite simply you're fucked.
And it'll be no-one's fault but your own.
So that's the reality of being an entrepreneur.
It's the best worst thing you'll ever do (apart from delivering your own son -- that was definitely better).
If you don't have what it takes... If you won't do what it takes... If you can't be what it takes...
Get a job.
There's no shame in it.
Save yourself the headache... the heartache... and all the other aches.
But if you're the type of person who reads this and feels like screaming "BRING IT ON!!!" at your laptop right now, then more power to you.
Get out there. Get after it. And do something awesome with your life (and for the world).
Welcome to Steemit, Nick. And big "mover" points for getting up on Steemit hours after first hearing of it. You are definitely going to want to post original content here going forward. Looking forward to reading it.
Thanks Neil. Action is my default setting mate! After you told me about Steemit yesterday, I thought it was the most clever innovation in social media, content creation, and community building I've ever seen. Definitely looking forward to being part of this. And I'm looking forward to reading much more from you too.
@neilstrauss If you read this: Reading 'The Game' was the starting point that changed my whole life. I wrote a post on it https://steemit.com/life/@getonthetrain/i-thought-i-was-never-going-to-have-sex-a-true-story
I don't mean to highjack anything. I met you at a tour you were doing in Cambridge England in maybe 2009 or so.
Hey @getonthetrain - reading 'The Game' had a huge impact on me too. I doubt I'd be married to such an amazing person if I hadn't read it.
Same here man
Maybe it sucks but youve struggle for 18 yrs in it, which makes me believe that this field is for you. Those experiences had molded you to be a good entreprenuer. We all live by our experiences because they are our good teacher.
Welcome to the platform and we look forward to hear more about your experiences as these could also educate aspiring entreprenuers in the community.
Thanks @juvyjabian! I really like this platform and the community. And I'll definitely be publishing here from now on.
Good article Nick I know exactly what you mean I have lost relationships friends and love because of my determination for entrepreneurial success its not always rosie and rainbows.
Hi @simonjay - yes I've lost friends too through the journey. Some I've been relieved to see go. Others I still regret losing. These days I've come to realise the value of a few very close friends, a network of awesome connections, and a community of supportive, like-minded people.
Nick, I think you are going to do great here. I am looking forward to reading what you have to say as entrepreneurship is one thing I read as much as I can on. I keep it on the side still, but will take it full time in a few years when I finish up my career.
I got you on my follow list now.
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I am financially needing to find a job to survive but refuse to work for a boss or corporation. This article helped me to realize I am not alone.