Most of the Entrepreneurship articles focus on why you should start up your own business. This article Why I Quit Entrepreneurship and Got a Real Job by Rob takes a different spins. He talks about why he left entrepreneurship and re-joined the corporate world again. He discusses what have he learned – in summary: Entrepreneurship is difficult. Here are some of the main points he mentions:
- Money Matters
- Nobody cares that you are smart or knowledgeable (and you need to know if you really are)
- Think about the intangibles
- Short-term thinking can kill your company
- Don’t max out your credit cards
- Know how you make money
- Your estimates are wrong
- You aren’t your own boss
- Industry contacts are important
- You don’t have any free time
- Attack everything with enthusiasm
- Acknowledge your mistakes
- Keep your integrity
- Deal with the possible consequences
From his real experience and perspective – those are good advises that resolve some of the misconception on entrepreneurship.
Why I Quit Entrepreneurship and Got a Real Job – [Business Pundit]