4 bad reasons to start a business

We often hear “you have to create your business, you have the skills”, “I should create my box to be my own boss”, “” I can not keep the hierarchy out anymore and I should create my own business “… Becoming your own boss has an obvious appeal, which is why a growing part of the population is considering the possibility of taking the plunge, which, incidentally, is relatively easy today. However, one should not be tempted to create a business under anything there are lots of really bad reasons to go into entrepreneurship.If you invoke the reasons that will come to justify your desire to become an entrepreneur, it may be better for you to reconsider your position.

Because you want money

At the top of the list of bad reasons to go into entrepreneurship: money. If you tell yourself that launching your business is definitely the most effective and fastest way to make money, it’s obviously wrong, and this for three reasons:

  • First of all, becoming an entrepreneur definitely does not guarantee that you will generate a significant income, let alone in the short term. On the contrary, it is very likely that you will need several years to earn a decent income.
  • On the other hand, by throwing yourself into this perspective, you increase your chances of entering the market with an unsuitable concept, product or service. It takes time to refine your idea and establish a strategy. The rush to create your business as quickly as possible to make money will most likely cause you to miss certain initial steps to the company’s constitution, which are nonetheless crucial.
  • Finally, even if your idea was good in the beginning, your thirst for money will definitely make you make bad choices in the development of the business. A good entrepreneur must be able to give up immediate income by pursuing a long-term vision. This can be done, for example, by keeping an application free to increase the number of users and then generate revenue a second time.

Entrepreneurs’ success is often the fruit of their passion, their enthusiasm and their perseverance. Having money as your primary motivation when you start is probably the most effective way to fail miserably in your business and find yourself in serious debt a few years later …

Because you have a lot of money

This reason may seem surprising to you, but it gives you almost as little chance of success as the first one. If you think money is your ticket to success, you have hit a wall. When you start your business, be ready to roll up your sleeves and not just sign checks. Of course, if you have significant funds at the time of launching the business, you are in more favorable conditions, but this is definitely not an absolute guarantee of success. Saying to oneself “I start, anyway with the means I have, the probability of me failing is almost zero” is a very bad calculation. There are so many things it takes to run a business that one cannot buy for money. Having money is a good thing to start, but it is definitely not a sufficient reason. Once launched, you will not be able to buy the passion, creativity, ingenuity and resilience needed for the success of your business, anywhere.

Because you want to have time for yourself

Another very bad reason to become an entrepreneur: wanting to have time for yourself. Once again, if this is your primary motivation, you can quickly become disillusioned. The opportunity to no longer have to get up early, to have a flexible and ultimately sparse schedule, is of course a very encouraging prospect. Unfortunately, it is not really compatible with entrepreneurship (with exceptions of course). The entrepreneur has to get up early in most cases but also very often go to bed late and work on the weekends. He is constantly aware and open to opportunities to improve the business. There are certainly entrepreneurs who take it easy and have done so since the company was set up, but they are, of course, the exception.

Because others do

No matter what environment you live in, the likelihood of knowing entrepreneurs from near or far is extremely high. You may think that this phenomenon does not exist, but still does, some people only try to start their business because they know someone who has done the same. It seems absurd, but it is nonetheless in this way that many entrepreneurs (with a fleeting career) are born. Even if the entrepreneurs you know shower you with advice, absolutely nothing says you will succeed too. It is a long process that enables the entrepreneur to manage his business. He starts thinking about the possibility of creating a business, he thinks of an idea, he refines it, he trains himself, he finds out … and after a while he launches himself. When you see someone succeed, it is not easy to visualize the steps prior to their success. Do not listen to “you have to start too” if entrepreneurship is not a deep and thoughtful desire. Having been proud for a week of being able to say to everyone “I started my business, it’s good” will not be of any comfort to you if you smash the same business a few months later.

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