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Starting one's own business is invigorating, exciting, possibly enriching, and DIFFICULT! There is a distinctly Darwinian element to beginning a business. Many fail very quickly when the owners realize how much work it really takes.
Another segment of start-ups eventually waste away and fail because the basic idea proves not to be a sustaining spark plug for economic success, or the owners just aren't that good at running a business.
A smallish percentage succeed and thrive, usually because the owners are willing to climb a very sharp learning curve and put the effort into the business that it requires. Sometimes that means years of nonstop work to get established.
In my opinion, the the best inspiration to begin any enterprise is the fact that even though a small percentage of start-ups succeed, they comprise the part of the US economy that is having the most fun and figuring out how to be independent in an increasingly homogenized and standardized culture. Successful small business owners are exceptional people and usually it is no accident that they make it. It is through consistent effort and the ability to sacrifice and meet challenges. That may seem overly dramatic, but it is true.
For those who can make a small business succeed and thrive AND have fun doing it, the rewards in terms of mental health and satisfaction are immense and priceless. But the cost to get there should not be underestimated by those itching to try to launch any sort of start-up.
In my opinion, starting a business should remain a very dificult and risky proposition. Those who cannot perform or operate a business are weeded out and competition tends to make those who remain sharper and better able to continue.
posted 2 years, 11 months ago
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