Why Do People Become Entrepreneurs?

An entrepreneur has the hunger, capability, and confidence to achieve their dreams, develop the world they live in, and bring their ideas to fruition. 

Inspiration, talent, willpower, and vision are the terms generally attributed to individuals who aspire for success and tackle the obstacles in their path with full conviction! They do not bow down in the face of adversity and are farsighted. Entrepreneurs have the willingness to take risks. 

Entrepreneurship is not just a professional choice or a career goal. It is a way of life that is achievable by pure hard-work and focus. Steve Jobs said that “I am convinced that about half of what separates successful entrepreneurs from non-successful entrepreneurs is pure perseverance.” It is a path less traveled and a brand new experience, and the challenges seem to be a never-ending affair, but your success will eventually be the only factor that will matter.

Also, read 5 Myths That Entrepreneurs Are Told

There are valid reasons why people chose to become entrepreneurs. Let us shed some light on a few of them:

Passion

That constant itch to learn and keep polishing their skills is a huge factor in pushing people to choose the entrepreneur life. They want to keep growing and moving forward at full-speed. A life of stagnancy and stunted development is a kill-joy for them. They want to acquire knowledge and use it to succeed continually. The thirst for growth and learning pushes them to become entrepreneurs while satiating their passion. 

9-5 jobs do not excite them

The time brackets created by society feel like forced constraints to an individuals’ entrepreneurial aspirations. The 9-5 job routine does not excite them and makes them feel tied up. Meeting the same co-workers and the daily humdrum of life makes them demotivated. Their aim to make a difference in the world remains unfulfilled. Only by venturing on their own do they get their freedom of expression and creativity. 

Independent Working

They do not work well under authority. A boss or a superior calling the final shots does not go well with them. It irks them no end to know that decision-making or effective control is not in their hands. The agonizing ritual of daily reporting and functioning puts them in an unhappy spot. 

Admire Other Entrepreneurs

They seek motivation from other successful entrepreneurs. The experience of interacting and mingling with other established entrepreneurs gives them a rush that pushes them to work hard and reach for their goals. The rise of someone coming from nothing and building their empire propels them to realize their dreams. They see the value of their ideas and potential to benefit others and bring about a change. 

Risk Taker

They have a thriving penchant for risks. The rising success of any business vastly depends on the risk-taking ability of the entrepreneur. They should be able to understand the outcomes connected to taking the risk. A calculated risk is a smart move and will bring a positive result. The confidence to back their risk will always take them far, but having overconfidence will only push you downwards. Be smart and be sensible. 

Change The World

As Niklas Zennstrom, Founder Skype and Kazaa, says, If you want to be an entrepreneur, it is not a job. It is a lifestyle. It defines you. Forget about vacations, going home at 6 PM, the last thing in the night you will send is emails, the first thing in the morning you will read is emails. You wake up in the middle of the night. But it is hugely rewarding as you are fulfilling something for yourself.” Entrepreneurs have the vision to bring about a change in the world, some of them also gain vast monetary benefits out of it, and some do it to better society. They want to shape the world according to their perception and refuse to bend to the world’s conventional approach’s general tides.

Out of the ordinary

They have unusual ideas and the courage to pursue them wholeheartedly. They may seem momentarily deranged, and that is the essence of their mind. Everyone may not agree or understand their vision, but they have the willpower to succeed at what they have ventured out to do and bring about a difference in how the world perceives things. They have an uncommon mind and are striving to better themselves at every step. 

Cannot fit the corporate frame

They like to break the shackles and move ahead. The corporate framework seems extremely stringent and drained to them and does not suffice their goals and ambitions. They have a creative mind, and embracing the corporate culture is not their cup of tea. 

The only way of life

Just being an employee and being defined by a job is not what they have in mind for their future. They have a burning desire to bring their innovative ideas to life. They will do what it takes to build their dreams into reality. As Jeff Bezos says, “I knew if I failed, I would not regret that, but I knew the one thing I might regret is not trying.” 

Status and Recognition

Every entrepreneur works to build an empire to bring profits to themselves and society. Their target is to bring about a change in the world and earn a reputation for their work, which the coming generations will remember and aspire to be. 

An entrepreneur’s work should drive society positively and inspire the coming generations to believe in their dreams. 

Being an entrepreneur is a responsibility that can help you influence its citizens’ future and outlook.