Becoming An Entrepreneur

Brilliant Essays
Running Head: THE PROCESS AND REALITY OF BECOMING AN ENTREPRENEUR 1

The Process and Reality of Becoming An Entrepreneur in The 21st Century Southern New Hampshire University Eric Andrikowich

THE PROCESS AND REALITY OF BECOMING AN ENTREPRENEUR 2

Major life changing events can change our perspective on the world around us and cause us to reevaluate our life choices. In respect to the field of entrepreneurship, it can be the go to for those individuals who didn 't quite get to make the right choice on their career “choice”. As certain careers continue to diminish from their past century triumphs, it is a better idea to begin looking towards entrepreneurship as a new era of entrepreneurs erupt.
…show more content…
Next another option is to get a job in a pre-established company in which they spend the majority of their years putting blood, sweat and tears into working up the corporate ladder. One well established scholar summarizes this choice very well “it is established that, although there is an overlap between entrepreneurial firms and small business firms, they are different entities” (Carland). James Carland in this source serves a greater purpose to the reader, he points out a common misconception in which he then later clarifies the idea. In terms of corporate employees, they are constantly depending on getting raises, bonuses and promotions and put in everything they have in order to make someone else’s business prosper. The last option is to go against the pack and become an entrepreneur by starting at the bottom with the goal to make it to the top on your own terms. Those who make this decision understand the importance of owning the ladder instead of climbing up someone else’s. They would rather put their blood sweat and tears into their own business so that they can create real wealth and create financial freedom for themselves. The decision is up to you, you can either choose the road to financial independence or be stuck on the same perpetual hamster wheel like all the …show more content…
Transitioning from wage employment to self-employment boosted overall satisfaction in the lives of its workers. This greater job satisfaction spills over into the rest of their lives and leaves a lasting impression. One of the most important if not the most important intrinsic motivators is the freedom to spend your time doing what’s important to you. Life goes by very quickly and time is one thing we’ll never get back. This makes time one of our most valuable resources, and as an entrepreneur should be treated accordingly. You want to spend your working life doing what you really enjoy doing, and also want freedom to spend your time not working too. Whether it be a family emergency or just when other life circumstances come up, as an entrepreneur you have the ability to not work that day. This kind of flexibility is not offered at common day jobs. Your work should fit into your life, not the other way

Related Documents

  • Improved Essays

    When you become an entrepreneur you must think about the time you must put in to your business. To be an entrepreneur it takes time and a lot of…

    • 418 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Amitai Etzioni surmised that teens do not impart new skills, and that working part-time misshapes teens’ values and work ethics. Although I have only had one job, I have continued to hold my job though high school and into college. I have even been promoted to management from everything I have learned at my part-time job. Having a job has taught me independence, time management, and I have learned how important it is to work as a…

    • 633 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Sometimes attitudes can be of a very personal nature, such as feelings of self-esteem or self-worth (Smith, 2009). It suggests the development of willingness to have an entrepreneurial…

    • 1161 Words
    • 5 Pages
    Superior Essays
  • Great Essays

    Dicky Vs Walt Whitney

    • 1583 Words
    • 7 Pages

    One of the marks of a good entrepreneur is their ability to recognize opportunity where other people miss it. But entrepreneurial people sometimes come along and develop products or services that change the course of business. They ignore the naysayers, and they break the boundaries of the norm. Among those names are people like Henry Ford and Walt Disney.…

    • 1583 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    https://herb.ashp.cuny.edu/items/show/965? Accessed 5-23-17 Carving Out Entrepreneurial Niches,…

    • 521 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    This corresponds to the matter that I want to help my parents proceed with their dream of owning and expanding their business. Likewise, the reason that I really like the business field is simply that it connects nations with each other, making the world run. Not only does this make me happy but it's something that I see myself doing. I would say that the book “The Great Gatsby” by F. Scott Fitzgerald has to do some part with the decision of me seeking to be a business person, the role by Jay Gatsby showed me being successful doesn't necessarily mean that you have to cheat your way to that lifestyle. What I’m trying to seek is that like Gatsby, I want to be successful regardless of my past, but what he failed in I want to be successful, but the right way not the corrupt way.…

    • 691 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Today having the economy we live in may seem hard to live a good life with a business but in actuality it just takes a lot of work and character. Today a tv show known as Shark Tank has taken television audiences by storm. Their ratings have increased since it first aired and have inspired many to make businesses and expand in…

    • 835 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Harv T. Eker's Success

    • 521 Words
    • 3 Pages

    Most of us want to be a successful businessman or entrepreneur in our life and live a rich and wealthy life. The most often overlooked millionaire brain secrets, which we forgot, is to find out how rich persons achieved their success, and then follow those footsteps. Harv T. Eker is one of those successful entrepreneurs, who have turned the dream of being a millionaire of many such people into reality. His successful techniques are based on changing your current thoughts into a new motivational thought, which will surely help them to be successful. It makes quite a sense follow the same actions, and having chances to be successful like them.…

    • 521 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    I understand that on a personal level because my brother was a similar situation. He went from working at Chick-fil-A for 4 years to traveling all over the country for a million dollar company maintaining their clients. This also falls into something else Mr. Teeples talked about which was the satisfaction of hard work. When he opened his business’s the hard work and dedication to what he wanted to achieve paid off in the end and the same can go for anyone else. There are things that I took the easy way on and things I worked for and I can attest to the fact that the hard work had a far more satisfying outcome.…

    • 364 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Despite having built an elaborate online network of acquaintances and mentors, lack of business knowledge meant I was not ready for entrepreneurship. My junior year I became fascinated in simplifying intricate problem solving efforts, past and present, in all of my subjects.…

    • 252 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    The average time an American works is now 46.7 hours a week according to The Washington Post in a recent article. Teenagers are told that if they do what they love, they'll never work a day in their life as they try to start their life journey. There are many ways a person may make a living, either they can work for someone else or they could work for themselves. It takes time and effort to get a stable income and stress effects everyone when they need to provide for a family. Self-employment hit an all-time low recently with only 7 percent of Americans being entrepreneurs.…

    • 688 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Business Myths: Part 1 There are many myths about starting a business. Most people think that starting a business on their own would be a cinch; that working for yourself is a fast way to get rich. Other people think that they just can’t do it on their own, or that their business idea is illogical or stupid.…

    • 603 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Mindset Of An Entrepreneur

    • 1314 Words
    • 6 Pages

    The Mindset of an Entrepreneur P5) Determine the characteristic traits and skills of successful entrepreneurs that differentiate them from other business managers. An entrepreneur is an individual who takes initiative by planning a venture which an opportunity is available for them to benefit from. They are people who supply risk capital as a risk taker, as well as the one who controls and monitors the activities of the business. Entrepreneurs are commonly sole proprietors, a partner or the major shareholders in an incorporated venture.…

    • 1314 Words
    • 6 Pages
    Improved Essays
  • Decent Essays

    What is Entrepreneurship? Entrepreneurship is a process activity, it generally involves the following inputs an opportunity , one or more proactive individuals , an organization context , innovation ,risk and resources, value , new products or process , profit or personal benefit and growth. Entrepreneurship Entrepreneurship is the development of a business from the ground up — coming up with an idea and turning it into a profitable business. But while the definition of entrepreneurship may be simple, its execution is much more difficult. Entrepreneurship is the journey of opportunity exploration and risk management to create value for profit and/or social good.…

    • 896 Words
    • 4 Pages
    Decent Essays
  • Improved Essays

    Readings in entrepreneurship was very beneficial to my experience of my knowledge of entrepreneurship as a whole. Before this class I’ve had a limited experience with entrepreneurship. The very basics of entrepreneurship was all I was taught. This paper will describe to you what I have now learned through this experience with this class and how I will use what I learned to better myself in the future.…

    • 1045 Words
    • 5 Pages
    Improved Essays