Starting your own business can be a challenge.
It will test your talents, your mental toughness, and your ability to adapt. And those tests—if you pass them—can spark extraordinary growth.
Here are four ways entrepreneurship will change you.
- You’ll develop self reliance.
Entrepreneurs need to learn to solve their own problems, or fail. They don’t have a team to handle the daily grind of running a business.
Instead, new entrepreneurs handle everything from product development to accounting. It’s a stressful and high stakes juggling game. (So if you’re ever frustrated by the somewhat inconsistent posts here at ECVtalks.com, please realize that we’re entrepreneurs also and at the moment still a team of two (with a possible third soon 😉.)
But it can teach you a critical lesson: You’re far more resourceful than you thought. You’ll learn to stop waiting for help and start looking for solutions.
- You’ll discover loyal friends.
One of the downsides of entrepreneurship is that it may expose toxic people in your circle. They’re the ones who might…
- Mock your new career
- Feel threatened by your success
- Try to one-up you when you share struggles
As you and your business grow, you may need to limit your interactions with them. They might be too draining on your emotional resources to justify long-term relationships.
Rather, your circle should reflect values like positivity, encouragement, and inspiration. Those new friends will support you through the highs and lows of entrepreneurship.
- You’ll learn how to manage stress.
Late nights, hard deadlines, and high stakes are the realities for entrepreneurs.
To cope, you must build a toolkit of skills that can carry you through the hardest times. Otherwise, you may crack under the pressure and lose any progress you’ve made.
It comes down to one key question: Why do you want to be an entrepreneur?
Are you driven by insecurity? Or by vision?
If you’re trying to prove a point to yourself or others with your business, you may fall apart at the first hint of failure.
If you’re driven by vision, you’ll see failure as part of the process.
Examine your motivations. Over time, you’ll grow more aware of your insecurities. Talk about them with your friends, families, and mentors. As you bring them into the light, you may find they have less and less power.
- Entrepreneurship can spark an explosion of professional personal growth.
You’ll grow up. You may start with an employee mindset, but you’ll mature into a leader. That’s how entrepreneurship will change you.
P.S. If this seems daunting, start with….you guessed it, a side hustle! It can ease you into the role of entrepreneurship without throwing you into the deep end too soon! Want tips on getting that started? Make sure to register for our free class at the end of the month.