The COST & Sacrifice of Entrepreneurship (Reality) [Business, mindset, entrepreneur, disruptors]

Disruptors

Rob Moore

Careers, How To, Business, Self-improvement, Society & Culture, Marketing, Investing, Education, Entrepreneurship

4.8 • 1.4K Ratings

🗓️ 19 November 2021

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

What is the real cost of entrepreneurship? Being an entrepreneur is not an easy and comfortable life, there are sacrifices that have to be made along the way. But, there are still great positives to being an Entrepreneur, listen in to this episode where Rob opens up about the real costs of being an entrepreneur, including the positive upsides! KEY TAKEAWAYS Comfort is one of the main costs to being an entrepreneur, but the lifestyle comes with great growth. Security is another cost to being an entrepreneur. But is having a regular pay check an illusion on security? Rob believes he is more secure as an entrepreneur as he can pivot and scale. Your responsibility is high as an entrepreneur. That can weigh heavy on the mind but can also give you a great sense of accomplishment and contribution. You have very little personal time as an entrepreneur which can impact on your personal life, hobbies and relationships. But, you are able to do what you love as an entrepreneur so you may not miss your hobby time as it can be the same thing. Figure out your key life areas, these should always be prioritised and thought about in all your plans, regardless of your entrepreneurship. BEST MOMENTS “A lot of people don’t want the risk, they want the security, they want the regular pay check” “I actually think I am more secure as an entrepreneur” “You can make your hobby your living if you’re an entrepreneur” [Business, mindset, entrepreneur, disruptors] VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “Disruptors” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979 disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

Transcript

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0:00.0	Like a lot of people want an easy, comfortable life. Entrepreneurship is not an easy, comfortable life.
0:09.0	The cost of entrepreneurship, the sacrifices you have to make!
0:13.0	A lot of people don't really talk about this.
0:16.0	Or a lot of people make out that it's a massive sacrifice and it's a huge hardship.
0:20.0	So, I'm going to approach this a bit differently.
0:23.0	And I'm going to talk about the cost of entrepreneurship and the sacrifices you have to make along the way.
0:28.0	But also, I'm going to talk about the paradox.
0:31.0	So, for example, I believe that one of the greatest costs and sacrifices you have to make of being an entrepreneur is comfort.
0:41.0	Like a lot of people want an easy, comfortable life.
0:45.0	Entrepreneurship is not an easy, comfortable life. You can fucking forget that.
0:52.0	If anyone says to you, you can start as an entrepreneur and tomorrow you can be a multi-millionaire and a massive passive income!
0:59.0	Run a fucking mile.
1:01.0	Entrepreneurship is not comfortable at all. It will challenge you in every area of your life.
1:08.0	However, here's the paradox. That's the life I sign up for. That's the fucking life I want.
1:15.0	Give me a name and if you agree with that, by the way.
1:18.0	Who wants a comfortable, easy, nor shall I virtually, virtually dead life?
1:27.0	Not me. We have this perception that we want comfort.
1:32.0	And as soon as we get comfort, what do we get?
1:35.0	Order, apathy, atrophy, decay. If you're anything like me, as soon as you're bored, you fuck shit up, you fuck your life up.
1:42.0	You just can't help creating chaos and disruption.
1:46.0	So, cost number one of entrepreneurship is comfort.
1:49.0	But the upside is growth. And I love growth.
	...

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