Startups Anonymous Est. 2013 · Read-only archive
Questions

Am I meant to be an entrepreneur?

Perhaps I’m just a busy body who cannot focus. I have worked since I was 16, very academic, went to school and got degrees because it is easy for me. Have a job with decent pay with a good company and moderate chance for advancement. However I’ve always had side businesses. I’ve always thought I wanted to be my own boss but here I am, at 34, still employed.

I’m trying to quiet “the voices” in my head and make a decision about what I will do with whatever years I have remaining. Dentistry is big on my mind because the pay is good and it can lead to private practice but will require at least 4 years where I cannot work. I am the breadwinner in my family. I have experience in ecommerce and feel that is the best type of business for a person like me and matches my educational background. Real estate is also an option. As you can see I’m all over the map; I’m not even sure what my question is. I don’t feel like I have anyone to talk to who understands this nagging desire in the back of my mind to do something crazy and force myself to become independently successful.

8 answers from the community

AAnonymous· Jun 10, 2015

Stay in your job. Entrepreneurs are not born. They are made. They have a lot of shit handed to them and are risk tolerant. Most importantly, they step out into the world to solve problems and build businesses, create jobs, and make money. You do not see all the steps in between to make money. It's not just let me set up this website, it's not just go and sell some homes... It requires 10,000 hours. If you aren't going to put those hours in to be a dentist, you're not going to put those hours in to start a business. Ha! The final truth about entrepreneurs that no one talks about - we don't ask for permission, we do it. We fail over and over, we go broke, we make mistakes, and at the end of the rainbow, the 20% that survived drink champagne and the 1% that survived become billionaires. But you're starting off speaking like the 80% that don't have the balls to stick to it. That my friend is someone who enjoys a paycheck and a hobby.

AAnonymous· Jun 10, 2015

And by the way, every entrepreneur thinks they are in the 20% of success... Only time proves otherwise.

AAnonymous· Jun 11, 2015

ouch

AAnonymous· Jun 12, 2015

Actually, putting in the hours is the easy part. When I start projects I pour myself into them. Risk tolerance is the issue. I enjoy paychecks. My only hobby is starting businesses, LOL; that may be what it comes down to then. I think doing both has been harder than doing one or the other though.

AAnonymous· Jun 11, 2015

I think the above commented could have been a bit friendlier in his reply, after all, you aren't blaming anyone either way, just curious.

But yes, being an entrepreneur just means you choose to deal with caca on a regular basis as a trade off for control. Many people who are good entrepreneurs have delt with crazy crap in their personal lives or in previous professional lives, and it ironically prepared them for entrepreneurship.

It sounds like you've lived a life where you were set up for success. I understand you may be hungry for more, but this kind of thinking reminds me of some people in the military ( I'm a vet)who wanted to "see action".

You have the right to attempt entrepreneurship, but please be aware that when you are outside of a steady paycheck, consequences become more intense. And entrepreneurship is an art, so while there is a common narrative to becoming successful, there are no guarantees. On your worst day, with money running out, and sleepless nights, you will need to make very complex and serious decisions, and likely at that point your wife/husband will be tired of you chasing your dream and your kids may resent you, so you'll truly be alone on your journey. If you are willing to accept these terms, or if you are lucky to have a family that can handle the rollercoaster with you, then proceed. If you are just looking for some more excitement, then I would recommend focusing your extra energy on becoming a great father.

Personally, I find myself having to accept that my life is about business. When I'm old, I'll look back at what I did in business and be proud. But I won't be looking back at what a great parent I was or how many people loved me.

Some people can have it all in that sense, just far fewer than 1%.

AAnonymous· Jun 12, 2015

"this kind of thinking reminds me of some people in the military ( I’m a vet)who wanted to 'see action'."

I think that is an accurate comparison. Thanks for this.

AAnonymous· Jun 11, 2015

Entrepreneurship is human nature. Do not let anyone tell you that it is not possible. Everything that you have done to this day will lead you to where you belong. you will find your way through life experience. We all pay to go to school. Most in a university setting, others in life. Life produces a better ROI. I promise that a good idea will come to you soon and the implementation of it will only be possible due to the network and experience you have established thus far.. God Speed

AAnonymous· Jun 18, 2015

Wow, Thank you. Sometimes people just need a dose of the cold hard truth. Do you dream of being your own boss or do you do something to become your own boss? I have started my own business to fund the prototype of a free energy system that I have dreamed since the age of 14. This business of Real Estate Investing is probably going to fail. I maxed out my credit cards to get the education on how to run and operate a real estate investing business. Thinking this was going to be the way that I finally funded my prototype. The education showed me how to increase my credit limits so I could fund deals. Only problem is this Education costed as much as my Bachelors degree. So now my monthly bills have tripled and I'm farther away from my funding goal of $100,000 for my free energy generator. So now what? I could file for bankruptcy. I could get a full time job & part time job. I could sell a kidney on the black market. I could keep at this company and use my "failures" as learning opportunities. The quickest way to fail is to stop looking for ways to succeed. - McGee