MBA1129 How to Know if Entrepreneurship is Not For You

The $100 MBA Show

Omar Zenhom

Marketing, Entrepreneurship, Careers, Business

4.9 • 1.2K Ratings

🗓️ 6 November 2018

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

So you want to start your own business. What’s taking so long? Here at the $100 MBA, we battle a myth. We battle it day in and day out, because it’s the one thing holding more entrepreneurs back than anything else: the belief that you need huge amounts of funding, education, time, or resources to start a successful business.

Transcript

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0:00.0	Heyo! Welcome to the $100 MBA Show! your go-to business podcast for practical business
0:14.9	information every single day with their daily 10-minute business
0:18.0	lessons for the real world. I'm your host, your coach, your teacher, Omar, and home.
0:23.4	I'm also the co-founder of the $100 MBA, a complete business training and community online.
0:29.0	And in today's episode, you'll learn how to know if entrepreneurship is not for you. I've coached and
0:35.1	mentored many people and in those experiences sometimes I would have to approach
0:39.9	somebody and tell them this is just not for you. Hey they hired me to be honest so I
0:45.0	have to be honest but in today's episode we're gonna explore what were the
0:49.1	traits of these people that I believe that entrepreneurship is not right for them.
0:54.0	I'm going to outline what are the things that if you don't like, if you're not willing to do,
1:00.0	you're just not going to make a good entrepreneur, you're just not going to be able to make it in business.
1:04.2	Again, this is just the honest truth based on my own experiences as well as the experiences I've learned from others.
1:10.5	If you are really struggling with entrepreneurship, you need to also
1:14.7	consider the option, maybe it's not for you. I'm not willing to train eight hours a day
1:20.4	in a swimming pool to be an Olympic swimmer. There's nothing wrong with me
1:23.6	understanding I'm just not an Olympic swimmer. I don't have what it takes. It's not for me.
1:27.9	And when I say I don't have what it takes it means that it's just not part of
1:32.2	what I want. It's not something that I want to pursue
1:35.9	based on my preferences in life, on my preferences of who I am. And I'll explain exactly
1:41.7	what I mean in today's episode. What are the
1:45.2	traits? What are the things that if you're not willing to do, you're just not cut
1:49.6	out for entrepreneurship? Yes, this is going to be a raw and honest episode but that's my job I
	...

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