When the era of smartphones and high-speed internet began, many working-class people discovered the idea of online entrepreneurship. The thought of freeing yourself from the traumatic traffic, toxic office mates, and power-tripping bosses is so enticing that everyone would want to dip in. However, getting there would require sheer will, courage, skill, and immense sacrifice.
The above is just a glance on the surface of what this promising venture would take away from someone who wants it so bad. People who transitioned from employee to owning a thriving business would have a never-ending story of their failures and triumphs. But not all online entrepreneurs had it that bad, especially those who got support from their family and never had to worry about giving up anything.
Listed below are what you need to have in you and other things you should sacrifice to escape the eternal 9 to 5 trap.
Beat The Voices Inside Your Head
Negative thoughts and self-doubt may hold you back. Uncertainties often hound huge plans and ambitious leaps. You may ask yourself whether you could pull it off or not and feel scared to give up the job for something you're not sure of.
Some friends and colleagues may be supportive, but others may be too cynical about things they knew too little about. They might discourage you with made-up stories and give you unsolicited advice or reasons why everyone should be happy and contented with their jobs.
This stage is something every dreamer encounters. Banishing these adverse comments that prevent you from growing or achieving your dreams is a crucial step towards becoming an entrepreneur.
Sleepless Nights, Compromised Relationships
After you identified the business to pursue and formulated a plan, test it immediately. Work double jobs—keep your 9 to 5 employment while waiting for the new business to bear fruit. Those who would like to earn money online from home had to commit to sleepless nights and make the best out of their rest days.
Feed the new business with the small money it earned. Only spend on things that help you to produce more output. Continue doing this until it generates an income equal to or higher than your full-time job. You may need to sacrifice your social life through this process due to the amount of time and attention you need to pour into this venture.
It's also important to have a partner who understands your goals and why you need to do all these. Otherwise, the relationship may become another casualty of this battle against work regularity.
The Guts To Let Go
When the business began to take off and started to demand more of your time, it may be high time to quit the job. The timing must sync to other things you might need, like a loan that requires an employed status upon release. Consider a graceful exit by clearing all requirements of the company when it comes to retirement.
Some were too afraid to resign from their 9 to 5 because they would lose a handful of perks and access to partner providers of their company. If you couldn't find the courage to take this leap, you would have difficulty growing.
A boss who may not support your resignation may talk you out of it. If you've done the suggested transition process wherein you can earn more out of a few hours you spent on your business than the full-time job, you will earn the guts to say that you're already wasting your time in the company. You'd want to say this nicely and make everyone understand that it's a decision supported by figures and an organized plan.
It's best to reach the peak of progress when you fully understand the business and have a more mature approach to other aspects of life. Otherwise, there is a risk of little achievements getting into your head or possible neglect of business before it becomes stable enough.
Patience is one of the important virtues every entrepreneur must practice as they tread the path they chose. Success doesn't happen overnight, and quitting at any time would be premature. A business person must be aware of the bumps they might encounter before taking his first steps.
Excellent Perspective And Control
One who can manage his emotions well is someone who understands the bigger picture. Perspective and control unwittingly support each other within a person. If one fails, the other would either pick up or remind the individual of things far more important than what he feels and the current distraction he faces.
These qualities may not talk about the technicalities of a business. However, experts consider them more valuable than the knowledge you can learn through an online course. It takes a tremendous level of understanding, patience, and experience to acquire these unmatched attributes of a good entrepreneur.
Entrepreneurs may fail fast and fail often. But many established people who thrive in the industry will tell starters that it is a must to experience a failure to learn from it. The more they fail, the more they identify a pattern that leads to success, and those who realize its importance and use it as a platform have higher tendencies to emerge and prosper.
What Does It Take To Become An Online Entrepreneur – Conclusion
While many things build an online entrepreneur's persona, combining the above-mentioned items serves as a solid foundation. It may take time before you get there, but having the courage to make a change will make you a thousand times ahead of your former self.