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10 Unexpected Reasons Why Being An Entrepreneur Rocks

10 Unexpected Reasons Why Being An Entrepreneur Rocks

When I was growing up, all the cool kids wanted to be in a band.

I wasn’t cool, so I hung out in the library – probably trying to learn how to be cool (but that’s another story).

Today, all the cool kids want to be entrepreneurs. Kids dream of having a start up when they grow up and professionals leave established careers to have a shot at the entrepreneurial dream.

As someone who took an active role in launch of three businesses in the last seven years I can testify to the fact that – contrary to popular opinion – there’s no glory in being an entrepreneur whatsoever.

Having said that, I absolutely love being en entrepreneur because every day I experience perks which I believe a “real” 9 am to 5 pm office job simply can’t provide me with.

Let me share with you a few that matter most.

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1. Fight Club

I’m very competitive in nature. I like to compete with myself and others. Being an entrepreneur, by its nature, means being involved in a never-ending competition.

Showing up on top in Google search results, making profit and scaling a business are all signs of being able to out think, out strategize and out market other entrepreneurs.

It’s like being in a boxing ring during working hours; I’m always either ducking, blocking or striking. Every moment someone is trying to beat me, which makes the game of entrepreneurship intrinsically fulfilling and rewarding.

2. Living a Designed Life

Because rigid boundaries of a job description don’t limit me, I’m free to design my life the way I want it. I then implement business strategies which allow me to have amazing life experiences.

This year, for example, I’m travelling around the world with my wife; since January we’ve lived in the USA, Spain, Israel and are yet to trek through France, Italy and Switzerland. Both of us are working from our laptops until early afternoon and spend the rest of the day exploring new cultures.

3. Creating Replaces Dreaming

I used to be a desire-driven dreamer. “I wish I had this” was a very common thought in my mind. My life was centered around a need to flip through glossy brochures and dream of buying luxury items which would make me feel like I had finally “made it”.

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Becoming an entrepreneur taught me to create real results. I no longer find satisfaction in dreaming or pretending.

4. No Bureaucracy

One of the main reasons I disliked the having a “real job” was because I felt like a lot of my energy was wasted on dealing with unnecessary meetings, office politics and red tape.

It was frustrating to see bureaucracy killing off the best ideas. The bigger the company, the less I felt like I could contribute to it in a meaningful way.

In contrast, as an entrepreneur I can have a great idea in the morning, discuss it with the team an hour later and have it alter the direction of the business by the afternoon.

Each person in a start up has a direct, noticeable effect on business strategy and tactics.

5. Enjoying Work

Don’t get me wrong. It’s not all travel and perfectly balanced lifestyle. I go through periods when I work every day for three or four weeks from 6 am until late into the night, without taking weekends off.

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To someone works in a regular job that can sound like a nightmare. However to me work is an opportunity to create and push myself beyond my limits, so long hours are not a problem.

I look forward to going to work. Some days I stop working only because I need to to taking care of the most basic needs, like sleeping and eating.

6. Traditional Problems Disappear

When I was growing up, I was taught that “problem” was synonymous with something bad. Good life, then, was one without problems.

For entrepreneurs, “problem” is a synonym for “challenge”. And challenges are the reason we get up in the morning. Solutions to challenges are then used to create value which can be leveraged in the business.

I design my life around the challenges I enjoy facing. For example, as tempting it may be own a venture capital backed company, I am not currently steering my businesses in that direction because spending my days pitching, reporting to investors and trying to getting traction in the marketplace before their money runs out is not my idea of fun.

7. Powerful Relationship With Money

When you work for a corporation, your pay check is your main reward. Its sole purpose is to be spent. The by-product of burning that cash is happiness (which is a lie that we’ve been sold).

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When you have a start up, your context around money changes. It becomes a resource you take smart risks with in order to grow your business. The by-product of this process is growth (and a deep, lasting sense of fulfillment).

8. No Negative Moods.

I can’t remember the last time I was bored. Similarly, I also can’t remember last time I had to “kill time” because “there was nothing to do”.

9. Sense Of Adventure

I have a solid business plan for the next year. But none of my business plans so far went even close to the plan.

There are literally a dozen business opportunities I can explore in the near future, a dozen ways I can steer my business to exploit them and probably a dozen new opportunities which I’m yet to see and will need to consider.

This abundance of possibilities washes away any sense of routine and replaces it with excitement about upcoming adventures.

10. Great Conversations With Positive People

Entrepreneurs don’t whine and complain. They rarely engage in hollow water-cooler gossip about colleagues and “thank God it’s Friday” rhetoric.

I like hanging out with people who take full ownership of their life and I find that most entrepreneurs I meet fit that mold (they have to, otherwise their businesses would not succeed).

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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