Entrepreneurship | Becoming an Entrepreneur
Entrepreneurship | Becoming an Entrepreneur

Entrepreneurship | Becoming an Entrepreneur

Anjali Adhikari

25 min
Business & Finance
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<p><a href='https://open.spotify.com/show/40VbLzYVsQgjYOXjtDqEeU'></a></p> The Visionary Chronicles Podcast <p>CHRONICLE: March 30th, 2023</p> <p> </p> <p>"When something is important enough, you do it even if the odds are not in your favor..."</p> <p>                                                                                    Wisdom from Elon Musk</p> <p> </p> <p>ENTREPRENEURSHIP | Becoming an Entrepreneur </p> <p> </p> <p>To become an entrepreneur, most think first of risk vs. reward. However, they must first align and define many principles, strategies, and cultural questions before putting pen to paper, then money to ideas.</p> <p>Being an entrepreneur is not for everyone, and certainly not for those faint of heart. I know, having personally built a brand from scratch, it can put “dog years” on your career but also provide valuable experience only being an entrepreneur can provide. It has significant up-and-down cycles, rewards, and benefits, but it mostly takes a toll on you personally and professionally.</p> <p>I should also preface what being a “true” entrepreneur is and what it is not. A “true” Entrepreneur starts from scratch, finds creative ways to find support, and leans heavily on internal strength, knowledge, faith and humility. What an entrepreneur is not is when they start with enough cash to support the long-term “potential,” has significant resources to provide for daily needs, and has taken risk off the table. There are many of these companies, and the hit rate with both is roughly the same. The former has learned to be resourceful, while the latter has learned to use resources. Both are business owners, but only one is an authentic Entrepreneur.</p> <p>What are the questions to be asked and answered?</p> <p> </p> <p>Becoming an entrepreneur involves defining a well-thought-out plan, represented by the following questions which need to be answered.</p> <ul><li>Do I have definitive Goals?</li> <li>Is my Strategy clear?</li> <li>Can I Execute my Plan?</li> </ul> <p>Within these questions a

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