iNM Magazine Volume 7 | August 2015
Punto De Vista
Because you'll be so invested in the business, you
can't help but let it get to you; even though you know
you shouldn't.
My knowledge on the matter was further enhanced when I
came to Hyderabad to pursue my PGDM. At NMIMS, I
could share my views with others who had struggled with
entrepreneurship like I had. Sharing learnings and
opinions with like-minded people was an unexpected, but
much appreciated, vent. A certain consolidation of the
group's experiences is what took place and we corrected
each other's misgivings and misunderstandings on the
topic.
The Ugly
All the decisions you take will be ultimately your own,
and their consequences too. Unlike when you work for
an established corporate where there are plenty to
blame on. If things aren't working out, it's no one else's
fault but your very own.
If you ask me today what an entrepreneur does, I will only
say, that an entrepreneur does whatever he or she must do nurture and feed an idea so that it can grow into a
sustainable entity. This is the most comprehensive
definition of entrepreneurship that I can possibly iterate.
It may not be academically appropriate, but it is,
nevertheless, the most truthful statement I can come up
with. A good picture is one where the artist can convey the
most meaning with the least content. And this definition
paints the perfect picture of a concept called
entrepreneurship.
The unpredictability of the business can be
frightening. The business is mercurial. Some days
you are really doing well, and some days are at the
rock-bottom. Clients misbehaving, complaining, and
defaulting payments, it's all yours.
Incomes can vary widely, and be all over the place. As
a result, when planning for expenses and income, you
will have to be incredibly frugal and conservative so
that you know you can survive the possible lean
months.
Becoming an entrepreneur itself isn't an easy bet at
all; let alone succeeding. It takes your time, your
dedication, and above all, your persistence. You'll be
making a lot of sacrices. You would be going through
capricious ups and downs. Are you up for that?
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