When you should not become an entrepreneur

There are many reasons that people choose to become entrepreneur, but there are some that tend to be signs that the business idea won’t work out so well for the business owner. Let’s look at those reasons you should not become an entrepreneur.

* You Cannot Commit – If you cannot commit to a "workday" of some sort and a schedule to implement your ideas, it is not going to work out. You cannot make things happen, doing nothing. If you aren’t the type of person who can create a plan and then follow it to completion, a small business might not be for you. Maybe you want to find a remote job or a flexible alternative.

* You Hate Your Job – If you hate your job, it’s time to go find another one, but that’s not the only reason to start your own business. A lot of the things you dislike in your job might exist in the business too. For example, if you are currently a secretary and your boss is on your last nerve, becoming a virtual assistant isn’t going to solve that problem because you’ll end up with several "bosses."

* You Don’t Want to Work Hard – If you think having your own business means doing nothing, you’ve read too many books and fantasies. Even the Four-Hour Work Week Guy did not work only four hours a week - at least not at first. There is a joke about being an entrepreneur that goes like this, "Only an entrepreneur chooses to work 80 hours a week because they did not want to work 40 hours a week for someone else."

* You’re Not Willing to Learn New Things – As an entrepreneur, you’re going to have to learn about taxes, finance, and so many things that have nothing directly to do with your business. You cannot just rely on others when it comes to these things. If you are not willing to learn about these things, don’t start your own business, because you’ll end up failing your first tax year when you owe a ton of money you can’t pay.

* You Have No Family Support – If your family does not support you in your dream, it might not be the right time to start. This is true whether you’re a stay-at-home parent or the breadwinner, because the only way you can be successful in business is if your partner supports you.

If you think becoming an entrepreneur is easier than working at a job, you are wrong. It’s different, for sure, but it’s not easier. If you aren’t good at being self-motivated, managing finances, and delegating while executing, entrepreneurship might not be for you. However, if you can get on board with what you need to do and do it, you can overcome any personality deficiency if you really want to do it and become a success.