Thank you to everyone who responded on Facebook. If you didn’t get a chance to see the posts, you may have other thoughts. Please share (although when you see this I will be out of town on an adventure and will see them when I return.
Below is a summary of responses on Facebook.
What is Best About Being an Entrepreneur?
- Excitement/Freedom
- Sleepless nights from excitement
- Worth it in the end
- Final Decision maker – freedom to decide
- No bureaucracy
- Flexibility/choice
- Freedom to decide when you want to work (which 100 hours a week!)
- We can be there for our kids/grandkids
- The work
- Unlimited opportunities
- Creative freedom
- A business in an act of creativity
- Opportunity to create
- The People
- Collaborations and Cool people,
- Unexpected supporters
- Mentorship (Mentor magic)
- We speak the same language
- Being the best employee!, Loving your boss (lol)
What is the Worst About Being an Entrepreneur?
- The buck stops here
- No-one else can do it for you (or sometimes even help)
- Huge responsibility
- The work
- The amount of work
- Financial and other Paperwork
- The personal side/confidence:
- People who don’t support you (they may be family!)
- Financial stuff:
- The days you don’t get paid (unpaid sick days)
- Financial Valley of Death
- Cash Flow
- Starting without financial resources
- Financing
- Having the funds
- Taxes
- The Unknown/learning
- Jumping into the unknown/ Uncertainty
- The learning curve
- Stamina
- Having enough energy
- Exhaustion (avoid illness)
- Sleepless nights from worry
- Our choices
- Not asking for help sooner
- It can take over your life without boundaries
- We limit our income potential
- The little voice that tells us to play it safe
What helps?
-
- Staying fit
- Beer (or for me, wine)
- Build up cash reserves before you start
- Tell the little voice (that urges you to play it safe) to take a back seat and watch
- Also good advice for skeptical friends and family
- Don’t tell them – Show your family and friends
- Help for Families - February 20, 2021
- New Ontario Training Fund is open - February 20, 2021
- A little press is always good: Happy Hounds, GV51 - February 19, 2021
Leave a Reply