5 Harsh Realities You Need To Be Aware Of Before Starting a...

5 Harsh Realities You Need To Be Aware Of Before Starting a Business

by -
Startup
Image Credit | Israeli Valley

When people imagine starting their own business, everything seems perfect. They think about quitting their jobs, making a positive impact on the world, and living the lifestyle they always dreamed of.

I know, because I hear it all the time. It’s easy to feel amped up and ready to take on the world. But once the reality of needing to do the work sets in, a lot of people gradually let go of their dream and look for another shortcut to success.

Running a business is hard. Now, this isn’t meant to put you off from doing so. Not at all. Instead, think of it as a way of preparing yourself for the difficulties that lie ahead.

Starting and running your business is an incredible journey for those who are willing to walk that road. So if you think you have what it takes, learning about the harsh truths of running a business will help you to keep moving when you encounter obstacles.

Here are five things you should know before starting a business:

1. It’s a commitment

When people say that learning a skill or building anything requires a long-term approach, many of us just nod our heads. It’s as if we hear it all the time, but it doesn’t really register internally. As a result, many people get tired of working on their businesses and chase after something new because it feels fresh and exciting.

Starting and sticking to a business is like trying to master any skill. It takes patience and responsibility to nurture and grow a business. Sometimes working on it can feel boring, while other times it can be fun. The key is to be consistent in your actions.

“We only get to play this game one time…one life.” – Gary Vaynerchuk

2. There will be growing pains at every corner

“If I can just get this off the ground, then everything will be okay.” This is a common train of thought people have when they first start a business. They figure that if they can just get past the beginning, which they believe is the hard part, then it’ll be smooth sailing afterward.

While this may be a nice way to motivate yourself initially, the truth is that each stage of your business will have its difficulties. Once you’ve learned to grow your business past one step, then the next step will have a different set of challenges. You’ll have to continually think about how to get your business to grow, innovate, and sustain itself in a changing environment.

3. You’re not as good as you think

People, especially beginners, tend to overestimate their abilities. We think we can do anything we set our minds to. It’s only when we attempt something and fail that we realize our true skill level. That’s okay. It’s completely normal and just part of the process. You can keep improving by practicing and learning from those who are more advanced than you are.

4. You will learn a lot

Unlike most jobs, where you do the same things over and over again, starting a business requires you to be a jack-of-all-trades. You’ll have to manage many aspects of the business yourself, which will teach you a lot in the process. Sometimes you learn by trying things out, and other times you learn by making mistakes.

Outside of your business, you’ll also learn along the way by reading articles and books, attending seminars, or talking to other people.

“Learning never exhausts the mind.” – Leonardo da Vinci

5. You will feel like giving up

Do you ever hear successful people talk about those tough times they faced when they were starting out? That will be you. You will question your efforts. You will want to pull your hair out as you wonder what on Earth you are doing. You will want to quit. Everyone who tries something will have these thoughts going through their heads. The difference is whether you will give in, or whether you will keep pushing forward.

What are you struggling with at the moment? Please leave your thoughts in the comments section below!

8 COMMENTS

  1. This is a good list, I can closely relate to number 3, not only was I not as good as I thought but I also tried doing it all myself. One major caveat when first starting out is thinking and feeling like it all must be done by you. This only allowed me to be mediocre at best. I think there are probably several more points that can be covered here, one I would add is failure, the odds are stacked against you especially when you go into a well saturated niche. Dealing with failure properly is so important, otherwise there’s no restart. This is where that commitment point comes in handy. If we’re only doing this for money the motivation will run out faster than if we were doing it to change our own lives and increase our own happiness and satisfaction. That’s why failure needs to be addressed properly when going it alone.

  2. Hello Stephens
    Right from my childhood,i have been trying to start up different businesses but hardly come out.
    Seriously am innovative and creative but things are not working out I don’t know why.
    Am good at viewing opportunities when others don’t see them.
    From today am going to start using my weakness to achieve my success.
    When it comes out I will share with you.thanks brother

  3. Hi Melissa,

    I’m glad that I found this post! It is very insightful – I am going through these difficulties currently with my new startup.

    I definitely agree with all the points listed. In the beginning, it can be so exciting and so much fun; “Yeah, I’m starting my own business!”. But then quickly, as the work adds up, the long hours build up and progress is slow, it can become disheartening and tough. It’s definitely not a commitment to take lightly.

    I thought it was going to be a breeze when I first started, considering my knowledge on the topic. However, knowledge is just one aspect of the whole process. I find that progress is slow, but it’s still worth it. They say time is the only healer – I think that’s true for business too. You need to put the time in to nurture and progress, stay committed, stay motivated and keep having fun.

    The results will come.

    Thanks for the post!

    Kind regards,
    Kurtis Stephens/

    • Definitely, Stephen! I’ve been there with the whole excitement and energetic thing in the beginning, and then the disheartening feelings that follow.

      Interesting you mention that time is the only healer – especially nowadays, we’re losing patience as a society and everything needs to be fast-paced or quick. Otherwise, our attention span goes off to somewhere else, which doesn’t help when commitment is required.

      I find that picking up fun hobbies outside of your long-term commitment can give you renewed energy. Also, there isn’t that same pressure to keep going if you get bored or tired of your hobby, which is refreshing.

      thanks for reading!
      Melissa

  4. Things that can be added:

    – Refocus on what your REAL goals are
    – Kill a lot of your ideas/darlings
    – Expect unexpected, possibilities, people and support
    – You are not alone, but you are not always surrounded with the like minded people.

    The moment you do not believe in yourself, you will lose a lot more than business.
    So find the people who do believe in you, or at least to whom you can talk about. A coach, mentor or a very good friend helps definitely.

    • Great points Cor, especially about surrounding yourself with the right people. There will be a lot of people who don’t support what you do, whether well-intentioned or not.

      thanks for reading!
      Melissa

  5. These are truly some harsh realities that people have to become accustomed to if they want to be successful in the business world. They have to know what they are getting themselves into because starting a business can be a very hard endeavor, especially if you have too many expectations in the beginning. You have to know that you will learn a lot, and that there will be challenges. But never giving up is the only surefire way that you will not fail.

    • So true how people can have too many expectations, Lawrence. I think it’s also made worse by the fact that all this hype is made about the rewards, but not enough about the world involved.

      Thanks for reading!
      Melissa

Leave a Reply