There are a lot of challenges that come with being an entrepreneur. One of the biggest challenges is having to make your own decisions all of the time. Entrepreneurs are responsible for making sure their company succeeds and often have no one else they can ask or rely on if things go wrong…
What it means to be an entrepreneur: The decision maker, risk taker, visionary. Sometimes this person has more than 20 hats as well! A recent article in Forbes opens up about some of these challenges in a very personal way – Gina Horkey talks about how she’s faced plenty of ups and downs (and not just once over) throughout her journey but would do anything to have that back.
You have to be ready to take on the world and not give up when times get tough. That’s what being an entrepreneur is all about.
If you ignore those challenges, you’re not being an entrepreneur.
In an article for the Wall Street Journal, entrepreneur and author Tim Ferriss shares his experience of what it’s like to be a CEO.
He says that people who have never had this type of job themselves often underestimate how much time is involved in making big decisions on behalf of one or more companies.
The hours can get long as well—especially when employees are used to demanding their leaders work at all times and seem not satisfied until they do so!
The challenges come from being responsible for everyone else’s livelihood–starting with your own employees’ families up through those dependent upon you above them (investors).
Even after hiring good managers, there will always be tough calls about whether someone should stay or go: What if they could do the job just as well if not better than you? What would they do next to build their career and could that be good for your company in the long run, or will it make them more formidable competition (a risk even when they’re staying)?
Tim Ferriss on Entrepreneurship: What It Means To Be An Entrepreneur
It’s been two years since I resigned from my day-job of fourteen years. Since then, I have had a great time working at home with no boss – but being an entrepreneur is tougher than many people think!
I’m sure entrepreneurs are always looking for ways to be less stressed while still maintaining high levels of work output—it’s important! There are some techniques Tim Ferriss has found that have helped him stay on top of his game, even when he’s not staffed.
– He sets goals and deadlines for himself at the start of each day
– He blocks off time in which to do nothing but focus (doesn’t answer phone or email)
– Meditates every morning – it clears his mind so he can get out a good chunk of work before lunchtime!
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