{"id":1855,"date":"2015-12-28T17:45:15","date_gmt":"2015-12-28T17:45:15","guid":{"rendered":"https:\/\/leadershipshape.com\/wardroom\/?p=1855"},"modified":"2015-12-31T17:46:39","modified_gmt":"2015-12-31T17:46:39","slug":"6-signs-you-are-not-ready-for-entrepreneurship","status":"publish","type":"post","link":"https:\/\/leadershipshape.com\/wardroom\/6-signs-you-are-not-ready-for-entrepreneurship\/","title":{"rendered":"6 Signs You Are Not Ready for Entrepreneurship"},"content":{"rendered":"
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\"6<\/h1>\n<\/div>\n
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\"Kimanzi<\/a><\/p>\n
KIMANZI CONSTABLE<\/div>\n
CONTRIBUTOR<\/div>\n
Author, Consultant, Owner of KimanziConstable.com<\/div>\n<\/div>\n
Image credit: thompson101 | Foap.com<\/a><\/div>\n<\/header>\n

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Despite all the beautiful pictures on Instagram, not<\/em>\u00a0everyone is meant to be an entrepreneur. Entrepreneurship can lead to a life of freedom, and benefit\u00a0the people a business serves. Or, it can be a nightmare if someone isn\u2019t cut out for entrepreneurship. It\u2019s not a one-size-fits-all choice for everyone.<\/p>\n

I took\u00a0the opportunity to become an entrepreneur at 19 years old. No one in my life at that point was an entrepreneur, so I took the leap without any firsthand knowledge or mentors to guide me. The business grew to half-a-million dollars a year, but I ran it into the ground.\u00a0I didn\u2019t know what I was doing and wasn\u2019t ready<\/a>. I\u2019m now 35.\u00a0My second business — a lifestyle business — allowed me to clear up the debt from the first business so I was able to sell it.<\/p>\n

Today, I have a business<\/a> that allows me to write, speak\u00a0all over the world, consult and coach. I love what I do because I was ready for this business. Before you make the leap into entrepreneurship, you need\u00a0some certainty. Life isn\u2019t a movie where things magically work out. You can\u2019t be 100 percent certain of anything in life, but there are six signs important signs that you may not be ready or cut out for entrepreneurship.<\/p>\n

1. You aren\u2019t self-motivated.<\/strong><\/h2>\n

Entrepreneurship is lonely at times but you only get out of it what you put in.\u00a0The ability get things done\u00a0working alone\u00a0is important. You have to be self-motivated to complete tasks, especially when you don’t feel like it.<\/p>\n

If you are the type of person who needs\u00a0a boss telling you what\u2019s next, you are not\u00a0ready.<\/p>\n

Related:<\/strong>\u00a0The 7 Secrets Self-Motivated Entrepreneurs Know<\/strong><\/a><\/p>\n

2. You\u00a0haven’t established the foundation.<\/strong><\/h2>\n

Before you consider leaving that steady paycheck, you should have a foundation established. This foundation includes a generous emergency fund\u2014you never know when things won\u2019t work out as planned. It should also include a strong financial base. Your debt shouldn\u2019t be out of control and you should have enough currently to pay your bills comfortable. Income from entrepreneurship can be sporadic and you want to prepare the best you can.<\/p>\n

3. You get flustered under pressure.<\/strong><\/h2>\n

The stress of\u00a0a business will be overwhelming at times. You have to juggle running the business while dealing with pressure from many angles. If you crumble\u00a0under pressure and stress, think twice about entrepreneurship.<\/p>\n

4. You haven\u2019t done enough research.<\/strong><\/h2>\n

Whatever business you want to start will require research. Before you take the first steps you should become an expert on what it will take to be profitable. The Internet and social media provide an opportunity to do some efficient research on building a profitable business. Take advantage.<\/p>\n

Related:\u00a0Why Entrepreneurs Must Research Market Size<\/a><\/strong><\/p>\n

5. You have no passion for the business you want to start.<\/strong><\/h2>\n

Passion isn\u2019t enough to build a business but you better believe it\u2019s an important part of the equation. There are times when a business\u00a0feels like a job. Your passion is what reminds you of what you have. It\u00a0helps you continue to move forward. If you don\u2019t have a passion for any one thing, you are\u00a0not\u00a0ready for entrepreneurship.<\/p>\n

6. Your\u00a0growth strategy is what somebody else did.<\/strong><\/h2>\n

Growing a business can be fun, or it can frustrate you into quitting. When there\u2019s a lack of growth or research, people turn to copying a successful entrepreneur. What worked for someone else probably won\u2019t work for you. Each of us is different and\u00a0so are our businesses. We have to find what works for us\u00a0where we are in the process. If you are relying on copying someone else, you are not\u00a0ready for entrepreneurship.<\/p>\n

Don\u2019t leave your day job if you\u2019re not ready for the uncertainty that comes with\u00a0entrepreneurship. I love having a business and the freedom entrepreneurship provides, but I recognize how hard this\u00a0life can be.<\/p>\n

Get honest with yourself about what you want from life. Get honest about whether entrepreneurship is right for you, and if you\u2019re ready. It takes some time to get ready. That\u2019s fine. It\u2019s better to build your dream on the side\u00a0with a plan than to turn a dream into a nightmare.<\/p>\n

Related:\u00a07 Key Steps to a Growth Strategy That Works Immediately<\/a><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

KIMANZI CONSTABLE CONTRIBUTOR Author, Consultant, Owner of KimanziConstable.com Image credit: thompson101 | Foap.com December 28, 2015 Despite all the beautiful pictures on Instagram, not\u00a0everyone is meant to be an entrepreneur. Entrepreneurship can lead to a life of freedom, and benefit\u00a0the people a business serves. Or, it can be a nightmare if someone isn\u2019t cut out … Continue reading 6 Signs You Are Not Ready for Entrepreneurship<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[],"class_list":["post-1855","post","type-post","status-publish","format-standard","hentry","category-leadership","pmpro-has-access"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4MGMb-tV","_links":{"self":[{"href":"https:\/\/leadershipshape.com\/wardroom\/wp-json\/wp\/v2\/posts\/1855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leadershipshape.com\/wardroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leadershipshape.com\/wardroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leadershipshape.com\/wardroom\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/leadershipshape.com\/wardroom\/wp-json\/wp\/v2\/comments?post=1855"}],"version-history":[{"count":1,"href":"https:\/\/leadershipshape.com\/wardroom\/wp-json\/wp\/v2\/posts\/1855\/revisions"}],"predecessor-version":[{"id":1856,"href":"https:\/\/leadershipshape.com\/wardroom\/wp-json\/wp\/v2\/posts\/1855\/revisions\/1856"}],"wp:attachment":[{"href":"https:\/\/leadershipshape.com\/wardroom\/wp-json\/wp\/v2\/media?parent=1855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leadershipshape.com\/wardroom\/wp-json\/wp\/v2\/categories?post=1855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leadershipshape.com\/wardroom\/wp-json\/wp\/v2\/tags?post=1855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}