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Go ahead. Try to sell me on *not* being an entrepreneur.
09-19-2016, 11:00 AM
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#31
- alobri3
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Originally Posted By 1fast1⏩
I run a business now. Had a few over the years. Doing well now. No coping here - just personal experience.m8 this has to be the most legit coping i've ever seen.
the one thing that is definitely interesting about these threads is reading all the justifications folks have (to themselves) for why they never tried. many in this thread have had valid angles for sure about risk and whatnot, but some of you guys are coping so hard it's almost comical.
who you trying to convince, the misc or yourselves?
the one thing that is definitely interesting about these threads is reading all the justifications folks have (to themselves) for why they never tried. many in this thread have had valid angles for sure about risk and whatnot, but some of you guys are coping so hard it's almost comical.
who you trying to convince, the misc or yourselves?
09-19-2016, 11:03 AM
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#32
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Originally Posted By arn710⏩
But you can't tell people not to do it, because obviously it works for some people. It's like telling people "don't get into the music industry, because only 1% make it", well no duh, but the fact that people DO make it, gives that window for anyone to have a shot. It's a competition for a reason.I know plenty of people who worked their asses off for years on their business and still failed
One of my best friend has a really successful business. Works his ass off to the tune of 12 hours a days during the week and 8 on the weekends. Rarely gets a day off. Sounds like an awesome life. All the money in the world and no time to spend it
One of my best friend has a really successful business. Works his ass off to the tune of 12 hours a days during the week and 8 on the weekends. Rarely gets a day off. Sounds like an awesome life. All the money in the world and no time to spend it
Also, when it comes to building a business, I think most people don't compensate for their market and competition, which is why they fail. You can't start a software business, and then expect your "idea" to flourish, when the market is already flooded with competitors, it has to be something others can't do, you have to compensate how much money you can throw in, while who you are competing against. That's the mistake most people make, and from what I know, one of the safest markets would be real estate, because it's one of the only markets that is an endless pre-built market.
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09-19-2016, 11:03 AM
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#33
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Originally Posted By Comstarr⏩
+1Entrepreneur checking in.
The main reason why I see a lot of people fail at starting their own companies is that they either don't have a grasp on how to build a quality brand and/or their egos coupled with their hunger are in the wrong place.
What I mean by the latter is that themajorityof people start businesses for the wrong reasons.
If you're starting a business for the sole purpose of making a ton of money, you're going to fail.
If you're starting a business and NOT putting your ego completely aside and bending over in order to put the customer first, you're going to fail.
That's why most people, miscers especially, won't make it with starting their own businesses. They aren't interested in truly bending over backwards to make customer service for their consumer come first. In business you NEED to put the customer first - always. But they have over-inflated egos and a "Buy my chit or fukk off" mentality, customers aren't stupid and see right through this. Best case scenario you'll make a little bit of money from it short-term, but in the long run your unauthentic approachWILL fail. Period.
Added EDIT:
Not even mentioning the endless hours you'll have to work. People think 'Oh yeah I don't mind working 100 hour weeks I can do it!'... The reality is much harsher, sure you may be able to do it for a week. Maybe even two. But when I was running my online business I was getting NO sleep, my sleep consisted of 2-3 hour naps and then being woken up by phone calls. You are on-call literally 24/7 and if a problem arisesYOU are the one that has to deal with it - right then and there - no excuses.
The main reason why I see a lot of people fail at starting their own companies is that they either don't have a grasp on how to build a quality brand and/or their egos coupled with their hunger are in the wrong place.
What I mean by the latter is that themajorityof people start businesses for the wrong reasons.
If you're starting a business for the sole purpose of making a ton of money, you're going to fail.
If you're starting a business and NOT putting your ego completely aside and bending over in order to put the customer first, you're going to fail.
That's why most people, miscers especially, won't make it with starting their own businesses. They aren't interested in truly bending over backwards to make customer service for their consumer come first. In business you NEED to put the customer first - always. But they have over-inflated egos and a "Buy my chit or fukk off" mentality, customers aren't stupid and see right through this. Best case scenario you'll make a little bit of money from it short-term, but in the long run your unauthentic approachWILL fail. Period.
Added EDIT:
Not even mentioning the endless hours you'll have to work. People think 'Oh yeah I don't mind working 100 hour weeks I can do it!'... The reality is much harsher, sure you may be able to do it for a week. Maybe even two. But when I was running my online business I was getting NO sleep, my sleep consisted of 2-3 hour naps and then being woken up by phone calls. You are on-call literally 24/7 and if a problem arisesYOU are the one that has to deal with it - right then and there - no excuses.
Cliffs:
"Be your own boss." = Customer is now your boss, or if you get large enough, shareholders, board of directors, etc.
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09-19-2016, 11:04 AM
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#34
Not gunna try to sell you anything bro. You want what you want.
Entrepreneur - has potential for unworldly financial gains. The risk though, is everything and years on focusing on that, lost time on failed ventures but you will learn.
Skilled/Desired worker - Not going to make as much money but you don't have as high of risk. You can have plenty of places to work and can have a 9-5 so you can spend time with family and have weekends free from work.
It's basically - do you want to have all the risk and responsibility? Or do you want to offset that risk and some responsibility?
Entrepreneur - has potential for unworldly financial gains. The risk though, is everything and years on focusing on that, lost time on failed ventures but you will learn.
Skilled/Desired worker - Not going to make as much money but you don't have as high of risk. You can have plenty of places to work and can have a 9-5 so you can spend time with family and have weekends free from work.
It's basically - do you want to have all the risk and responsibility? Or do you want to offset that risk and some responsibility?
"We are what we repeatedly do. Excellence then, is not an act, but a habit." -Will Durant
"Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure." - Marianne Williamson
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09-19-2016, 11:08 AM
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#35
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Originally Posted By nick753⏩
Most reputable schools publish post graduate employment statistics.ITT tech dat u?
09-19-2016, 11:11 AM
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#36
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IMO, human resources is the worst part of owning a business. Dealing with personalities, egos, sometimes petty chit. Then there's all of the paperwork required for employees (gov't and benefits).
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09-19-2016, 11:12 AM
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#37
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Most think they can do it, they want, but simply can't. But they don't know it yet. They will find out however, the hard way. Failure rate in this is extremely high.
Some will get lucky. Only very few will actually succeed, and even fewer in a big way. So a BIG majority who think they can do it WILL FAIL. I take my chances and say to anyone who thinks about it - you will fail. If he doesn't' - all the power to him.
At some point I was working from the moment I woke up till the moment I went to bed, sleeping 5-6 hours a day. Anyone who is able to actually count hours when working for yourself is full of **** or just speculates. It is basically has to become what you do, if you not sleeping. Be it constant emails, phone calls, meetings. Late, early, on weekends, on vacation (if you ever take one). And the time you are not working - you are thinking about work.
Some will get lucky. Only very few will actually succeed, and even fewer in a big way. So a BIG majority who think they can do it WILL FAIL. I take my chances and say to anyone who thinks about it - you will fail. If he doesn't' - all the power to him.
At some point I was working from the moment I woke up till the moment I went to bed, sleeping 5-6 hours a day. Anyone who is able to actually count hours when working for yourself is full of **** or just speculates. It is basically has to become what you do, if you not sleeping. Be it constant emails, phone calls, meetings. Late, early, on weekends, on vacation (if you ever take one). And the time you are not working - you are thinking about work.
09-19-2016, 11:12 AM
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#38
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Being an entrepeuner. I just want dedicate my life to something. **** family, **** life, **** gains. All I want is money and power. Power of my own life especielly.
See you in three years misc. The dream must come true.
See you in three years misc. The dream must come true.
Hate hate.
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09-19-2016, 11:14 AM
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#39
Originally Posted By talik⏩
Yeah. and if you keep that mindset, it will. it has an impact on your social life for sure. atleast it did for me (seeBeing an entrepeuner. I just want dedicate my life to something. **** family, **** life, **** gains. All I want is money and power. Power of my own life especielly.
See you in three years misc. The dream must come true.
See you in three years misc. The dream must come true.
ost count)
09-19-2016, 11:14 AM
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#40
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You need hard skills/talents before entrepreneurship. Steve Jobs was a gifted salesman and knew a lot about computers that enabled him to bring products to market in an unsaturated environment.
The whole "fake it til you make it" entrepreneurship guys often end up with negative net worth and never really get anything note-worthy off the ground. If they do, it can disappear in an instant with a lawsuit or market changes. It's really sensible to start at the bottom of an industry, learn the ropes, then build a side business.
The whole "fake it til you make it" entrepreneurship guys often end up with negative net worth and never really get anything note-worthy off the ground. If they do, it can disappear in an instant with a lawsuit or market changes. It's really sensible to start at the bottom of an industry, learn the ropes, then build a side business.
09-19-2016, 11:15 AM
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#41
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Originally Posted By Nelly87⏩
That's a common misconception, because a job is one source of income. You could be fired or layed off at any moment, and now no income. Go look for a new job, but you can't force people to hire you, nor can you force your job, position, and income.Not gunna try to sell you anything bro. You want what you want.
Entrepreneur - has potential for unworldly financial gains. The risk though, is everything and years on focusing on that, lost time on failed ventures but you will learn.
Skilled/Desired worker - Not going to make as much money but youdon't have as high of risk. You can have plenty of places to work and can have a 9-5 so you can spend time with family and have weekends free from work.
It's basically - do you want to have all the risk and responsibility? Or do you want to offset that risk and some responsibility?
Entrepreneur - has potential for unworldly financial gains. The risk though, is everything and years on focusing on that, lost time on failed ventures but you will learn.
Skilled/Desired worker - Not going to make as much money but youdon't have as high of risk. You can have plenty of places to work and can have a 9-5 so you can spend time with family and have weekends free from work.
It's basically - do you want to have all the risk and responsibility? Or do you want to offset that risk and some responsibility?
You could say a business owner who's only source of income is one business is at the same risk or greater, but a smart entrepreneur will acquire multiple sources of income. One asset fails, and then you have more assets to cover for it.
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09-19-2016, 11:15 AM
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#42
09-19-2016, 11:18 AM
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#43
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In on entrepreneur brag thread.


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09-19-2016, 11:19 AM
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#44
Originally Posted By 300BLK⏩
I'm not telling people not to do it but definitely coming off a bit harsh here I agree.But you can't tell people not to do it, because obviously it works for some people. It's like telling people "don't get into the music industry, because only 1% make it", well no duh, but the fact that people DO make it, gives that window for anyone to have a shot. It's a competition for a reason.
Its just made out to be simple and easy on the misc and it annoys the chit out of me
Training log: http://forum.obnoxiousbrutes.com/showthread.php?t=165829701
09-19-2016, 11:22 AM
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#45
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I wanna be a lawyer and I have a goal of becoming a succesfull writer.
Look beyond 2 inches from your nose brah.
Look beyond 2 inches from your nose brah.
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09-19-2016, 11:24 AM
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#46
[QUOTE=Yachty post_id=1462937943]So those of you pursuing a degree just praying to get a good 9-5 one day, please tell us why you choose that over being an entrepreneur. thank you.[/img][/QUOTE]Because why would I quit a very secure job, with good hours, that pays well and I can honestly say I enjoy? I make others very wealthy and in return I get a more than comfortable life.
09-19-2016, 11:28 AM
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#47
Originally Posted By turdburglar9021⏩
For every Steve Jobs there's a million wannabe Ron Wayne's.You need hard skills/talents before entrepreneurship. Steve Jobs was a gifted salesman and knew a lot about computers that enabled him to bring products to market in an unsaturated environment.
09-19-2016, 11:32 AM
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#48
Originally Posted By inq⏩
Lol what a load of crap. you mean to tell me opening up a furniture store, a lot for used cars or a retirement home are all destined to fail ?My father worked 60hr+ weeks for years as an entrepreneur.
He died in debt.
Make sure your business is worthy for the modern age. You never hear about the majority of businesses that closed and failed. If you're looking to open a brick&mortar, you dun goofed
He died in debt.
Make sure your business is worthy for the modern age. You never hear about the majority of businesses that closed and failed. If you're looking to open a brick&mortar, you dun goofed
Sorry about your old man. but B&M is still solid
09-19-2016, 11:35 AM
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#49
09-19-2016, 11:40 AM
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#50
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Originally Posted By Yachty⏩
Pretty sure that the reason people aren't flocking to be entrepreneurs is because like 70% of businesses fail within 10 years.I'm already very aware of the answer here but apparently the majority of the world isn't because the majority of the world still pursues degrees in a field that at the very best, if they are the very lucky, they will get a 'good' paying fairly cushy 9-5. And that's the 1%. of those with degrees. and even then....guess what...its still a "9-5".
If you want to live the goat life, if you want totrulydo well, you need -- you have -- to be an entrepreneur.
You are not limited by earnings. you dont have a salary. that means it can go both ways. Doing everything right? You can still theoretically earn $0. So it i has its pros and cons. But its the risk you have to accept and work past to be able to have truly unlimited earning potential.
So those of you pursuing a degree just praying to get a good 9-5 one day, please tell us why you choose that over being an entrepreneur. thank you.

If you want to live the goat life, if you want totrulydo well, you need -- you have -- to be an entrepreneur.
You are not limited by earnings. you dont have a salary. that means it can go both ways. Doing everything right? You can still theoretically earn $0. So it i has its pros and cons. But its the risk you have to accept and work past to be able to have truly unlimited earning potential.
So those of you pursuing a degree just praying to get a good 9-5 one day, please tell us why you choose that over being an entrepreneur. thank you.

http://www.statisticbrain.com/startu...e-by-industry/
so... 2/3 odds that in ten years you will end up bankrupt instead of comfortable.
I'm not saying you shouldn't do it or trying to dissuade you, but the stance and graphic make it seem like no one is willing to put in the work you plan on putting it. Everyone feels like that when they start a business, I'm sure.
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09-19-2016, 11:43 AM
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#51
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my school offers a internship program for students that have a 3.75 gpa or higher. you can choose either doing an internship for a company or entrepreneurship. when the professor asked if anyone was interested in entrepreneurship, literally no one raised their hands and you could hear a slight giggle throughout the room. im actually considering doing the entrepreneurship option, but what rustled me was that you i could tell all those people look down on trying to start your own business.
09-19-2016, 11:44 AM
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#52
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It's not that most people don't want to be entrepreneurs, it's just that they don't have the IQ to even start a business and provide a service to people.
09-19-2016, 11:45 AM
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#53
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Being an entrepreneur is the ultimate bet on yourself
I... don't want to bet that much on myself
I... don't want to bet that much on myself
If you can't handle me when I'm incel, you don't deserve me when I'm chad
09-19-2016, 11:46 AM
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#54
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Originally Posted By theRealGriNC⏩
Most people don't want the risk. Getting paid by a boss is a relatively safe spot to be in.most people have to be told what to do and that is why most people can't be an entrepreneur
Permanent reminder that MBisonSon is a fgt => https://forum.obnoxiousbrutes.com/showthread.php?t=181456073
Permanent reminder of his cowardly and embarrassing response => https://forum.obnoxiousbrutes.com/showthread.php?t=181466023 (if this link is dead, the cuckening is complete)
09-19-2016, 11:47 AM
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#55
Originally Posted By zknarc⏩
Yeah i've seen a few of the posts ITT and it does definitely have a higher risk vs. reward factor. And everyone has their own threshhold for how much risk they're willing to take in life with things like this. I understand that.Being an entrepreneur is the ultimate bet on yourself
I... don't want to bet that much on myself
I... don't want to bet that much on myself
09-19-2016, 11:47 AM
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#56
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Grinding a degree and pursuing entrepreneurship isn't mutually excludive you dumb ****.
In fact it is one of the safest and least risky ways.
I.e. grind 5 to 10 years as an engineer and start your own company now that you have built a client base and achieved a greater underst an ding of the market and the business.
Should you fail, you have the option of returning to your previous line of work.
In fact it is one of the safest and least risky ways.
I.e. grind 5 to 10 years as an engineer and start your own company now that you have built a client base and achieved a greater underst an ding of the market and the business.
Should you fail, you have the option of returning to your previous line of work.
09-19-2016, 11:48 AM
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#57
09-19-2016, 11:55 AM
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#58
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Originally Posted By Yachty⏩
It isn't only risk in a straightforward sense. After 10 years in project management I know my strengths and weaknesses and betting on myself making my own business work is not something I want to do unless I partnered up with someone who filled up those shortcomings.Yeah i've seen a few of the posts ITT and it does definitely have a higher risk vs. reward factor. And everyone has their own threshhold for how much risk they're willing to take in life with things like this. I understand that.
If you can't handle me when I'm incel, you don't deserve me when I'm chad
09-19-2016, 12:00 PM
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#59
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Originally Posted By Comstarr⏩
Repped, Came in to say exactly this and now I don't need to. I own a technology firm with 100 awesome employees and have a good work/life balance now, but I wouldn't wish my 20s and early 30s onto anyone. Growing a company is exhilarating, terrifying and most of all exhausting. Be your own boss my ass, I have 3500 bosses today, and they all think they are the #1 boss too.Entrepreneur checking in.
The main reason why I see a lot of people fail at starting their own companies is that they either don't have a grasp on how to build a quality brand and/or their egos coupled with their hunger are in the wrong place.
What I mean by the latter is that themajorityof people start businesses for the wrong reasons.
If you're starting a business for the sole purpose of making a ton of money, you're going to fail.
If you're starting a business and NOT putting your ego completely aside and bending over in order to put the customer first, you're going to fail.
That's why most people, miscers especially, won't make it with starting their own businesses. They aren't interested in truly bending over backwards to make customer service for their consumer come first. In business you NEED to put the customer first - always. But they have over-inflated egos and a "Buy my chit or fukk off" mentality, customers aren't stupid and see right through this. Best case scenario you'll make a little bit of money from it short-term, but in the long run your unauthentic approachWILL fail. Period.
Added EDIT:
Not even mentioning the endless hours you'll have to work. People think 'Oh yeah I don't mind working 100 hour weeks I can do it!'... The reality is much harsher, sure you may be able to do it for a week. Maybe even two. But when I was running my online business I was getting NO sleep, my sleep consisted of 2-3 hour naps and then being woken up by phone calls. You are on-call literally 24/7 and if a problem arisesYOU are the one that has to deal with it - right then and there - no excuses.
The main reason why I see a lot of people fail at starting their own companies is that they either don't have a grasp on how to build a quality brand and/or their egos coupled with their hunger are in the wrong place.
What I mean by the latter is that themajorityof people start businesses for the wrong reasons.
If you're starting a business for the sole purpose of making a ton of money, you're going to fail.
If you're starting a business and NOT putting your ego completely aside and bending over in order to put the customer first, you're going to fail.
That's why most people, miscers especially, won't make it with starting their own businesses. They aren't interested in truly bending over backwards to make customer service for their consumer come first. In business you NEED to put the customer first - always. But they have over-inflated egos and a "Buy my chit or fukk off" mentality, customers aren't stupid and see right through this. Best case scenario you'll make a little bit of money from it short-term, but in the long run your unauthentic approachWILL fail. Period.
Added EDIT:
Not even mentioning the endless hours you'll have to work. People think 'Oh yeah I don't mind working 100 hour weeks I can do it!'... The reality is much harsher, sure you may be able to do it for a week. Maybe even two. But when I was running my online business I was getting NO sleep, my sleep consisted of 2-3 hour naps and then being woken up by phone calls. You are on-call literally 24/7 and if a problem arisesYOU are the one that has to deal with it - right then and there - no excuses.
09-19-2016, 12:01 PM
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#60
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Some of you guys need a reality check.
A lot of you are speaking of ''risk'' like it isn't a dangerous and real thing.
Unless you got a large surplus of money saved up, the risk of failing when you try to start up your own business, could very well mean you not being able to afford food, and getting your house foreclosed on you, and getting 10s of thousands of debt built up.
It isn't something you do because ''I can deal with the risk''. Failure can literally mean your life.
So you need an exit strategy, and be able to afford a couple years of working in the negative. Typically you become an ''entrepreneur" after you worked a real job for awhile, and have a decent amount of savings and contacts to attempt to start a business.
Also, there isn't a thing such as ''becoming an entrepreneur'', you need a vast knowledge in whatever business you are going to try to start, you don't just come up with an idea and hope it comes together as you go along.
I don't own a business per say, but I do work for myself doing contract work, and it literally forces me to make myself available all day long, no one wants to wait for a reply, even if they message during the night. You need to pounce on it and constantly be a nice person, regardless of how difficult your client/customer is.
I would imagine owning a business would be much more demanding.
However, I would never want to move back to working ''normal jobs'' as I much prefer working for myself, regardless if the amount of hours put in isn't exactly justified in money earned sometimes.
A lot of you are speaking of ''risk'' like it isn't a dangerous and real thing.
Unless you got a large surplus of money saved up, the risk of failing when you try to start up your own business, could very well mean you not being able to afford food, and getting your house foreclosed on you, and getting 10s of thousands of debt built up.
It isn't something you do because ''I can deal with the risk''. Failure can literally mean your life.
So you need an exit strategy, and be able to afford a couple years of working in the negative. Typically you become an ''entrepreneur" after you worked a real job for awhile, and have a decent amount of savings and contacts to attempt to start a business.
Also, there isn't a thing such as ''becoming an entrepreneur'', you need a vast knowledge in whatever business you are going to try to start, you don't just come up with an idea and hope it comes together as you go along.
I don't own a business per say, but I do work for myself doing contract work, and it literally forces me to make myself available all day long, no one wants to wait for a reply, even if they message during the night. You need to pounce on it and constantly be a nice person, regardless of how difficult your client/customer is.
I would imagine owning a business would be much more demanding.
However, I would never want to move back to working ''normal jobs'' as I much prefer working for myself, regardless if the amount of hours put in isn't exactly justified in money earned sometimes.
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