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6 Reasons to Take a Risk and Give Entrepreneurship a Shot

6 Reasons to Take a Risk and Give Entrepreneurship a Shot

We’re in the age of startups right now – they are popping up at every corner. More and more people each day are finding a way to be daring enough to build their own company by starting from scratch. If you feel torn at the thought of taking on such a large responsibility, you should at least do your research and feed that adventuresome part of yourself.

Although this is one risky step and it requires you to invest every inch of yourself while giving more than one hundred percent, it all becomes worth it after you start to climb the ladder to success through developing your own business.

Get Yourself Out There

It’s quite common for someone not to like their current job – only a small number of people are satisfied with their careers and they are probably born under a lucky star. People who like their jobs wake up happy in the morning – even on Mondays, believe it or not.

Finding enough courage to get yourself out there is a journey and you can never be ready enough or prepared enough, so waiting for the right moment can take a decade. You most likely don’t have that kind of time, so you should take that leap of faith and tell your story to the world by starting a business that reflects your ideas and passions.

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Financial Independence

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    This one is a long shot, because some time will be necessary until you reach a stress-free period and you become financially independent, but this is one great benefit that comes from having your own company. You’ll be the one calling all the shots and giving out paychecks – including yours.

    However, you need to consider one very important fact – handling money isn’t as simple as it sounds. People go through years of education in order to learn to manage it and many startups fall apart because they don’t have the right leadership that understands how to distribute funds.

    Therefore, achieving financial independence is something that will come in time and that needs to be done by following the guidance of experts, but once you get there, you’ll understand what being your own boss is all about.

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    Skill Development

    One of the most problematic things which cause people to be deeply unsatisfied with their current work positions are dead-end careers. When you know there’s no room for you to develop your skills and talents properly and you have been stagnating for a while, there’s really no reason for you to express enthusiasm or work on increasing your productivity.

    If that is your current situation, you should definitely give entrepreneurship a shot. You were not born only to live month-to-month, so you can just pay your bills and get severely depressed in time – life is so much more than that. However, it has to be you to discover this, no one else will do it for you.

    Stability and Personal Development

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      While on the subject of depression and general unhappiness with what life has to offer, being a business leader implies meeting new people and getting to know the world and the way it functions. Widening your horizons in such a manner is soul food, and through this you’ll be able to get to know yourself better.

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      Having a business of your own will enable you to feel freedom like no other. Although making moves that put the future of your company at stake on daily basis can be quite scary, that it is exactly what makes it thrilling.

      Gathering New Knowledge

      If you’re a natural problem solver and you feel a sort of satisfaction when you come up with a solution, becoming an entrepreneur might be written in your stars. This profession will require you to study growth-hacking methods, learn about outsourcing and its benefits, and become a leader who treats his or her team with empathetic care as you become a respected member of society.

      A precondition for this is to have an inexhaustible desire to learn and have a wide skill set. Persistence, consistency and strength are also key characteristics of a true leader.

      Build Your Legacy

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        You should treat the process of building a company like an artist treats his life’s masterpiece – the final results should be breathtaking. Becoming a successful entrepreneur is one way to leave your mark and leave something behind, so that future generations can continue where you left off. If you share this vision of entrepreneurship and you see it not only as your personal progress, but your tendency is to spread it on a larger scale, you might be up for the job.

        It’s also a lot more than having a team you can boss around. If this is your goal you should know that your entrepreneurship won’t last for long. Your attitude needs to be philanthropic first, and all personal gain comes as a deserved reward later.

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        Djordje Todorovic

        Blogger, Gamer Extraordinaire

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        Last Updated on June 13, 2019

        15 Best Entrepreneurs Books to Start Reading Now to Be Successful

        15 Best Entrepreneurs Books to Start Reading Now to Be Successful

        Knowledge is power, and you’re going to need a lot of it if you’re going to be able to steer your business to success.

        Without further ado, let’s take a look at the 15 best entrepreneurs books to get inspirations about success and grow your business.

        1. Think and Grow Rich by Napoleon Hill

          This book has been dubbed the Granddaddy of All Motivational Literature, and it was actually the first book that gave a prescription of what it takes to be a winner.

          Napoleon Hill draws from the stories of millionaires like Henry Ford, Andrew Carnegie, and Thomas Edison to illustrate the principles he put forth.

          Get the book here!

          2. The Lean Startup by Eric Reis

            A lot of startups end up failing, but many of these failures are actually avoidable. The Lean Startup provides a different approach that is now being adopted all over the world and changing the way that companies are developed and products are being launched.

            In The Lean Startup, Eric Reis describes what is required for a company to penetrate the fog of uncertainty in order to discover a path to a sustainable and successful business.

            Get the book here!

            3. The E-Myth Revisited by Michael E. Gerber

              In a revised edition of the 150,000-copy bestseller, The E-Myth, Michael Gerber refutes some of the myths that surround starting your own business and shows just how commonplace assumptions can end up getting in the way of being able to run a successful business.

              Gerber succeeds in walking the reader through the steps that occur in the life of a business, from infancy, through the pains of growing as an adolescent, to the perspective of the mature entrepreneur.

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              Get the book here!

              4. Rework by Jason Fried

                Most of the business books that you get today will give you the same advice: draft a business plan, study the competition, look for investors, and all that.

                However, Rework shows you a more effective, easier and faster means of succeeding when running a business. By reading it, you’ll be able to know why some plans are harmful, why you don’t really need to get investors, and why you’re better of shutting out your competition.

                Get the book here!

                5. How to Win Friends and Influence People by Dale Carnegie

                  This is one of the most successful motivational books in history, selling well over 15 million copies since it was released in 1936. The book is timeless, and it appeals to businesses, self-help startups, and general readers.

                  Carnegie believes that a lot of successes come from an ability to communicate rather than having brilliant insights. In his book, he teaches how to value others and make them feel appreciated and loved.

                  Get the book here!

                  6. Outliers: The Story of Success by Malcolm Gladwell

                    Through this amazing book, Malcolm Gladwell is able to take the reader on an intellectual journey through the world of ‘outliers’. He asks the question of what truly differentiates high-achievers.

                    His answer to this question is that we tend to pay too much attention to what successful people are like, and less attention to where they are actually from.

                    Get the book here!

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                    7. Rich Dad, Poor Dad by Robert T. Kiyosaki

                      This is the best personal finance book ever written. It tells the story of Kiyosaki and his two fathers; his real father, and that of his best friend (his rich dad), as well as how the two men helped him shape his opinions on money and investing.

                      It refutes the myth that you need to earn high to become rich, and it distinguishes between working for money and having money work for you.

                      Get the book here!

                      8. The Ascent of Money: The Financial History of the World by Niall Ferguson

                        Niall Ferguson, in this book, follows the money to tell the story behind the evolution of the word’s financial system, from the beginning way back in ancient Mesopotamia to the latest occurrences in what he had dubbed Planet Finance.

                        Fergusson also reveals financial history as the backstory behind our very own history, with an argument that the evolution of debt and credit is as significant as the history of technological innovation and the rise of civilization.

                        Get the book here!

                        9. Liar’s Poker by Michael Lewis

                          Michael Lewis landed a job at Salomon Brothers after getting out of the London School of Economics and Princeton within three years, he had risen to the rank of bond salesman, making millions for the firm and cashing out steadily.

                          Liar’s Poker is the amalgamation of these years — a look behind the scenes at one of the most turbulent times in American business. His book is Lewis’s account of an era where greed and gluttony were the order of the day.

                          Get the book here!

                          10. Drive: The Surprising Truth about What Motivates Us by Michael H. Pink

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                            A lot of people see money as the best motivator. Michael pink says it’s a mistake.

                            In this provocative book, he asserts that the secret to high performance anywhere is the need to direct our lives, to learn and create, and to do better by our world and ourselves.

                            Get the book here!

                            11. Getting Things Done: The Art of Stress-Free Productivity by David Allen

                              Outdated methods don’t work in today’s world. In this book, Allen shares some awesome methods for stress-free performance that he has shared with thousands of people all over the world.

                              His premise? That productivity is proportional to your ability to relax.

                              Get the book here!

                              12. The 7 Habits of Highly Effective People by Stephen R. Covey

                                In this book, Stephen Covey presents a holistic approach for overcoming both professional and personal issues. With insights and anecdotes, Covey presents a way to live with integrity fairness, service and dignity.

                                Get the book here!

                                13. The 4-Hour Workweek: Escape the 9-5, Live Anywhere, and Join the New Rich by Tim Ferriss

                                  In this book, Ferriss dishes on the tips he has learned from studying the New Rich, a subculture of people who did away with the deferred life plan and mastered time and mobility to developed luxury lifestyles for themselves.

                                  If you’re looking to make your way in this revolutionary new world, this here is your compass.

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                                  Get the book here!

                                  14. Delivering Happiness: A Path to Profits, Passion, and Purpose by Tony Hsieh

                                    The CEO of Zappos shows how a unique kind of corporate identity can help deliver a huge difference in the way results are being achieved — by creating a company that values and delivers happiness.

                                    Get the book here!

                                    15. Losing My Virginity: How I Survived, Had Fun, and Made a Fortune Doing Business My Way by Richard Branson

                                      From Virgin Atlantic Airways, Virgin Records and V2 to Virgin Cola, Virgin Megastores and a wide array of other companies, Richard Branson is the rockstar billionaire that a lot of us want to be.

                                      Branson, however, did business by following a simple philosophy:

                                      “Oh, screw it, let’s do it”

                                      Losing My Virginity is an unusual, borderline outrageous autobiography of one of the greatest business geniuses in the world. Branson and his friends named their business “Virgin” because that was what they were — virgins at the game.

                                      Since then, he’s written his success rules, creating a global business that has no headquarters, no management structure no corporate identity as it were.

                                      Get the book here!

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                                      Featured photo credit: rawpixel via unsplash.com

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