By Matata Mercy
Building a successful business is like raising a child, you have to feed it and cloth it at the beginning, alot of patience, commitment and dedication.
As the unemployement fever bites college graduates, many are considering starting their own ventures not even knowing the hurdles that are involved in it.
The truth is building a successful business is harder than most people imagine and will ever know.
It can only be compared to taking care of a child from the time it is just a baby where you feed it and do everything for it.
When you start a business, it might not even make money in the first few months or even years and during this time, all the expenses and costs will rely on you.
You will rely mostly on your own pockets especially if you are in Africa. In other countries venture capitalists will take over and help in funding the business until it is able to earn some profits for it's founders and shareholders.
If you are determined to make your business succeed then you should be ready to spend sleepless nights working on it and also you should sacrifice some funds to help keep the business moving foward.
Your social life will most likely die and your friends will even start wondering whether you have forgotten about them.
You will not be able to go out for parties and drinkups simply because you have take very good care of your baby called business, making sure that it is feeding well with each and every customer who is walking into it and the cash flow is doing well and keeping it healthy.
When you are back home, there is no time for late night television or movies that you loved before. All you do is spend time preparing to meet the next client the following day.
You start spending less time checking your Facebook page or WhatsApp page and you discover that you spent months without opening your Instagram page.
Many times you will find yourself working alone in the middle of the night on your business. That is how much successful entrepreneurs sacrifice to ensure that their ideas work in the real world.
With the huge amount of commitment given to startups, most entreprenuers hope that their ventures will grow into something of value and also substance.
These ventures might one day become great companies that solves problems with alot of passion and also curiosity embedded in it.
Building a successful business is like raising a child, you have to feed it and cloth it at the beginning, alot of patience, commitment and dedication.
As the unemployement fever bites college graduates, many are considering starting their own ventures not even knowing the hurdles that are involved in it.
The truth is building a successful business is harder than most people imagine and will ever know.
It can only be compared to taking care of a child from the time it is just a baby where you feed it and do everything for it.
When you start a business, it might not even make money in the first few months or even years and during this time, all the expenses and costs will rely on you.
You will rely mostly on your own pockets especially if you are in Africa. In other countries venture capitalists will take over and help in funding the business until it is able to earn some profits for it's founders and shareholders.
If you are determined to make your business succeed then you should be ready to spend sleepless nights working on it and also you should sacrifice some funds to help keep the business moving foward.
Your social life will most likely die and your friends will even start wondering whether you have forgotten about them.
You will not be able to go out for parties and drinkups simply because you have take very good care of your baby called business, making sure that it is feeding well with each and every customer who is walking into it and the cash flow is doing well and keeping it healthy.
When you are back home, there is no time for late night television or movies that you loved before. All you do is spend time preparing to meet the next client the following day.
You start spending less time checking your Facebook page or WhatsApp page and you discover that you spent months without opening your Instagram page.
Many times you will find yourself working alone in the middle of the night on your business. That is how much successful entrepreneurs sacrifice to ensure that their ideas work in the real world.
With the huge amount of commitment given to startups, most entreprenuers hope that their ventures will grow into something of value and also substance.
These ventures might one day become great companies that solves problems with alot of passion and also curiosity embedded in it.
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