With unemployment roaming in our nation and young graduates resolving to social media to agitate for employment creation; our leaders going public on the issue, request young graduates to create employment for themselves - it tempts you to think job creation is as easy as drinking down a cup of coffee.
Sarcastically, the so-called leaders elected by the public, can't create employment. To add further dent, most startups don’t see their first anniversary with statistics staggering for those that see their fifth.
Now, with the odds stacked against you, what does it take to be an entrepreneur?
1. Develop strong strength of character
Your business venture entirely depends on you. With bills to pay, clients to attend to, investors to network with, etc. You must have the business’s interests at heart. It may force you to cut off your odd friends, run on losses before it picks up, layoff poorly performing employees, etc. All this takes a great will to accomplish, knowing the right time to hire and fire, who to meet and when. Self-discipline is your saving grace during this tempting phase.
2. Have a laser-like focus
Sun rays only burn when brought to a common focus. Concentrate your efforts. Push a little harder till you make it happen. There’ll be distractions here and there. Your focus will determine how far you’ll rise. Break tasks into small achievable bits and then work your ass off. Churn out mediocrity.
3. Develop strong relationships skills
Startups with two or more founders have a higher success rate. You’ll need interpersonal skills to get good partners who will help propel your business forward. Remember, your network determines your net worth.
Final thought, develop a strong sense of character woven around a set of principles. This will be your benchmark enabling you to know when it’s time to step up. Stay focused on your business goals and develop good interpersonal skills.