10 reasons not to become an entrepreneur

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Post on 05-Dec-2014

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Are you looking to become an entrepreneur? Maybe you should reconsider. Not everyone needs to be an entrepreneur. Maybe the steady monthly paycheck is just fine for you? If this presentation gives you doubts, you are safe to assume that you were not destined to become an entrepreneur. Good luck!

TRANSCRIPT

  • 1. 10 reasonsnot to become an entrepreneur.
    Tobias Ratschiller
  • 2. #10: Because you will know that a printer costs $89.50.
  • 3. #10: Because you will know that a printer costs $89.50.
    In a startup, you are the admin person. That includes buying a printer. And the paper.
  • 4. #9: Because you cant forward irate customers to the support department.
  • 5. You are the support department. And the marketing department. And everything else, too.
    #9: Because you cant forward irate customers to the support department.
  • 6. #8: Because you are the type of person who wants to learn to swim before going to the water.
  • 7. #8: Because you are the type of person who wants to learn to swim before going to the water.
    Most of what you are doing in a startup is on unchartered territory. You swim, or you go under.
  • 8. #7: Because you have three weeks of vacation as employee.
  • 9. The word entrepreneur is close to Sanskrit anthaprerna, which means self motivation. In no language entrepreneur is related to vacation.
    #7: Because you have three weeks of vacation as employee.
  • 10. #6: Because you cant blame somebody else.
  • 11. #6: Because you cant blame somebody else.
    But everybody will blame you. :)
  • 12. #5: Because you can take only so many roller coaster rides without wanting to puke.
  • 13. #5: Because you can take only so many roller coaster rides without wanting to puke.
    Maybe you want to get off, but they pull you back in.
  • 14. #4: Because you wont have a lot of time for golf.
  • 15. #4: Because you wont have a lot of time for golf.
    Or anything else, really.
    UK small business owners work on average 50 hours per week.
    For startups its closer to 60 hours.
  • 16. #3: Because the odds are against you.
  • 17. #3: Because the odds are against you.
    Two thirds of startups fail.
    Only two became Google and Facebook.
  • 18. #2: Because your relationship will suffer.
  • 19. #2: Because your relationship will suffer.
    Unless you have the worlds best wife, like I do.
  • 20. #1: Because you see the light at the of the tunnel only at the end of the tunnel.
  • 21. #1: Because you see the light at the of the tunnel only at the end of the tunnel.
    If the light is bright, it was all worth it.
  • 22. http://blog.ratschiller.com