Don't Quit Your Day Job: 7 Reasons Being An Entrepreneur Isn't For You
Thursday July 5, 2018 • Lightwork
I’ve gotta be honest with you.
In my last post, I talked all about why I love being an entrepreneur and why I think it’s important for you to make money doing what you’re passionate about, but the reality is being an entrepreneur is not for everybody. So today, I’m giving you my top 7 honest-to-god, reasons why the entrepreneurial lifestyle might not be right for you.
REASON #1: LONELINESS & ISOLATION
The first reason why the entrepreneurial life might not be the one for you is because it can be a lonely one. Think about it: when you aren’t working for yourself, you get to dress up, leave the house, and interact with other humans. You might not always like these humans, but you’re still interacting with them and not becoming a social recluse. Now, if you’re an extrovert it can be a problem, but if you’re a hardcore introvert like me, you’re like "Yesss!! Give me more time alone!!"
In all seriousness the isolation can get a bit much, even for me. In these moments, I have to be vigilant about changing up my work environment, taking breaks, making sure I’m getting out of the house, maybe working at a coffee shop or investing in cooperative or co-working spaces where I can be around other entrepreneurs and creatives.
The main thing to remember: being an entrepreneur can get really can get lonely sometimes and if you’re not expecting it, it can hit you pretty hard.
REASON #2: INCONSISTENT INCOME
The second reason why you might want to pass on starting your own business is the income. While it’s true that overtime your business will grow and you will make a pretty great living, at the beginning it’s hard and if you’re expecting steady, consistent, predictable income in the form of a paycheque like you’re used to receiving right now, that’s not going to work out well for you. Now there are things you can do and ways that you can structure your business to mitigate some of those financial risks, but ultimately it takes a good year or two to get into a good rhythm and build some predictability there.
REASON #3: NO STRUCTURE
Being an entrepreneur is not for you if you rely on the structure your 9 to 5 gives you. If you need that structure to make you feel grounded and maintain balance then you might not want to start your own business. It’s true you can create your own work hours and your own structure within your business but it can be overwhelming at first especially because you’re learning as you go. And there’s a huge difference between self-determined structure and structure that is determined by an outside force like your work environment.
REASON #4: LIMITED TIME OR ENERGY
If you don’t have any time or energy to invest in building a business, then this life isn’t the life for you. When you work for yourself you work longer and harder than you have ever worked in your life. Plus, when you’re just starting you can’t afford to hire others to support you, which means you have to take on multiple roles and responsibilities until you can. Now when I first started, I didn’t have a lot of time, but I had a ton of energy and motivation because I knew that ultimately I wanted to work for myself and I wanted to be my own boss so that I could create a career that I was passionate about and nothing was going to stop me. If you’re in the same boat as I was, you can absolutely make this work, but you gotta go into it knowing that you have to invest a ton of time and energy into building it.
REASON #5: YOU HATE BEING IN THE SPOTLIGHT
If you hate being in the spotlight and you need to be behind the scenes all the time, being an entrepreneur might also not be for you. As I said earlier, when you start out, you wear multiple hats and take on multiple jobs. Not only are you a business owner, but you’re also the publicist for your business. In other words, you’re responsible for getting the word out about what you do. If you don’t, no one will find you; no one will know to reach out to you; and you won’t make any money. So if you have a hard time promoting yourself and the work that you do, then you might want to think twice about starting your own business.
REASON #6: YOU NEED EXTERNAL VALIDATION
There will be people in your life who will not understand what it is that you do. I have family members who are constantly ask me, “So what do you do again? How do you make money?” and no matter how many times I explain it to them it still goes over their head. I’ve also had people in my life tell me to give up on it because, at the time, it wasn't bringing in the amount of money they thought it should.
If you get easily rattled by the opinions of other people, or you need external validation before you do something, you might want to rethink starting your own business. Because it’s a long windy road and you want to make sure that you’re solid in your vision and you have people around you who are supportive.
REASON #7: YOU EXPECT OVERNIGHT SUCCESS
Finally, you shouldn’t quit your day job if you expect overnight success because it's not gonna happen. Even if you create a viral video and you get a ton of attention at first, if you don’t know what to do with that attention, it will dissipate.
Building a business is a marathon, not a sprint. Many of the people that you see running their own business and really prospering it — I’m talking about making millions of dollars — didn’t get there over night. They’ve been in the game for at least a decade. So while it’s important to keep the vision of what you want to achieve alive, it's even more important to enjoy the process of building your business so that when you do blow up and experience a tremendous amount of success you can be so proud of the work that you put in before it.
So there you have it...
My 7 reasons why starting your own business might not be the right move for you right now. If you have even more reasons that you’d like me to add to the list, I’d love to hear them so please leave them in comments section below.
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I'm Demetria — Activist Wellness Coach, Freedom Strategist & Kundalini Yoga & Meditation Teacher for rebellious women in revolutionary bodies.
I'm here for women who are ready to create a life that belongs to them; women who realize that other people's opinions on what they should and shouldn't be doing with their lives can't and don't pay the bills. I'm here for women who are tired of fulfilling everyone else's needs at the expense of their own. You can and will emancipate yourself from this cycle of burnout, guilt, shame, and fear. I can show you how.
If you're tired of living under the weight of other people's expectations, it's time for us to work together.