I ask because I hear most people, mainly current entrepreneurs say that the best way to grow is to find something that you are good at, and go from there.
While on the other hand, I hear a few people, who are not entrepreneurs, say just get into anything and start making money, even if you don't necessarily like it. Just do it for the money. Is this really the case? Correct me if I'm wrong, but wouldn't starting a business in something that you really have no interest in, make you not want to be as involved and end badly? (Sorry if this is a dumb question)
Is it true that the best way to become an entrepreneur is find something you like/are good at?
byu/Yaboipalpatine inEntrepreneur
Posted by Yaboipalpatine
17 Comments
I always compare it with boxing because I used to do this a bit as a hobby.
It’s all fun and games if you get to hit and they don’t hit back.
But when your starting (atleast in my case) it was mostly getting hit.
So that wasn’t that fun.
The better you get the better you get at hitting back and the more fun it becomes.
If you can figure something out that you are passionate about this helps.
But you can also be passionate about being good at something/ succesfull or making money and then you can apply this to many things
I think a lot of people who don’t go into business for themselves, see the end state(money) and think just work for that, but they don’t realize the Speed bumps along the way.
I think more seasoned entrepreneurs inherently know that the road is so bumpy and difficult that passion will keep you in it long enough to start making a profit, even then passion is no guarantee.
It is indeed a great starting point but it’s only part of the equation. Aside from loving and being passionate to the kind of business you are trying to start, MAKE SURE THERE’S A MARKET FOR IT. Even when you love something or are great at it, if it’s not something in demand, then the possibility of failing increases.
It doesn’t have to be something you love, but it should be something you’re good at or at least have some interest in. Passion helps with motivation, but building a business purely for money can burn you out quickly. The key is finding a balance—something you’re good at, enjoy enough to stay committed, and has market potential. You don’t need to love it, but you need to care enough to keep going.
Another route is to look for something you need but can’t find. Get into that, learn how to find it. Find that. You will probably learn that there were many others who were looking for that and don’t know how or don’t want to go thru to get it. Then market it.
If you loved riding bikes and decided to open up a bike shop, you would spend almost no time at all biking and most of your time managing the bike shop.
Liking what you do is a bonus not a given.
I think that there are a lot of successful people who don’t like what they do, but like the money it makes them.
Can’t remember his name, but there is an author that talks about the fact that most everyone that tells you to follow your passion is already rich.
It’s more important to leverage what you’re better at than most everyone else. If that lines up with your passion, great.
But you’re more likely to be successful at the thing you are exceptional at, than a random thing you’re passionate about.
I’ve done both. Honestly it depends what gets you going. Money is a good initial driver but it usually fades at some point. Taking interest in what you do is a must. But an even bigger must for entrepreneurship is solving someone else’s problem. If you don’t have that you don’t have a business.
Yes because the road will get ROUGH and unless you like the thing your doing you might quit
Yes. Find something you’re naturally good at and have an unfair advantage in.
Like Jensen Huang said, when he’s not working, he’s working.
If you can do something you like, it costs no energy. You can go on and on. In fact, working gives you even more energy.
https://www.instagram.com/reel/C_c2u2HN-ky/?igsh=aTc4OXF1MDM1d244
https://www.instagram.com/reel/C–m61XtZLL/?igsh=cnhiMTN4MzVzbG1x
Watch both clips!
Not necessarily, if you have passion for entrepreneurship that is all you really need to start
people get addicted to the paycheck in the process I think. Otherwise there would be no plumbers for example, who would claim they are passionate about that? Very few if any (no offense to plumbers, we need them – just a contrived passion example).
ideally find something there is a market for that you also have some passion in creating. The consumer doesn’t care if you are passionate or not.
If you try and sell something people don’t want, you would not be successful. The trick comes that many times in the complexity of the world, people don’t know what they want.
Imagine selling umbrellas on a rainy day, or water to someone thristy in a desert or a park. There’s definite demand, regardless of passion.
Imagine selling phone services in a mall with three other competing service companies that also sell phone services in the same mall.. No differentiation, no demand. Why would they go to you when there is three others offering the same thing.
A product needs to be better or different..
I would say read some books for more info, but Entrepreneurship is more about taking quick action.. if it’s for you.
So in summary, demand plus passion.
good luck
The best way to become an entrepreneur is to have both a business sense + generosity. A business is making something for others so a natural ability to give is necessary.
Being good at it is probably the best way to make sure you can succeed.
The good news is that humans tend to love doing things they’re good at.
I’m sure the opposite can be true too though, getting better and better at something you love is always positive 🙂
I think it’s a good start. You’ll learn quickly what aspects of business you dislike and are bad at with out being completely burnt out from the project itself