What makes an Entrepreneur?

“I can honestly say that I have never gone into any business purely to make money. If that is the sole motive then I believe you are better off not doing it. A business has to be involving, it has to be fun, and it has to exercise your creative instincts.” ― Richard Branson, Losing My Virginity: How I’ve Survived, Had Fun, and Made a Fortune Doing Business My Way

What is an entrepreneur?

An ideas man?

Executive?

Fast car driver?

Today an entrepreneur has become a pseudonym for a rock star.

Everyone wants to be rich and famous.

It’s very rare to meet a person that has everything that they want.

So many people want to look better, more money or more status.

The entrepreneur personifies this.

They are all rich, famous and have lots of status.

In reality this is not the case.

Imagine grinding by yourself for many years while being told that you are wasting your time by everyone you know.

This is the price you pay.

This is the price most people will not pay.

Another consideration is the risk involved.

We all know the standard risk and reward mantra. High Risk = Potential High Reward

Entrepreneurship is exactly that.

High risk, in exchange for a higher potential reward.

Unfortunately this reward is not guaranteed (as much as people online seem to think otherwise).

What I think the key is to attaining more looks/status/wealth is to

  1. not care about that stuff as much (difficult)
  2. do your best at whatever you are doing and the rewards will come

Letting go of the result is so important, but is a topic for another day.

To conclude.

Entrepreneurship is the equivalent of becoming a rockstar.

Everyone wants to do it, but not many are willing to pay the price.