The Truth About Working as Entrepreneurs: What you Should Know

There’s no question that being your own boss has its perks. You’re in control of your own schedule, you can make your own decisions, and you get to reap the rewards (and consequences) of your actions. But is it really as glamorous as it seems? What the successful entrepreneur Nihar Gala says, let’s find out!

Is it really all rainbows and butterflies, or is there a dark side to working for yourself?

The truth is, it’s both. Being an entrepreneur comes with a unique set of challenges that you won’t face in a traditional 9-5 job. On the one hand, you have the freedom to decide how you want to run your business and what kind of work you want to do.


But on the other hand, you also have the responsibility for everything that happens in your business – good or bad. If something goes wrong, it’s on you to fix it; if something goes right, you get to take all the credit.

7 things you need to know before starting your entrepreneurial journey:

1. You’ll work longer hours

One of the biggest misconceptions about working for yourself is that you’ll have more free time. In reality, you’ll probably find yourself working longer hours than you ever have before. This is because you’ll be responsible for every aspect of your business, from marketing and sales to product development and customer service.

2. You’ll need to wear many hats

Another thing to keep in mind is that you’ll need to wear many hats when you’re self-employed. This means that you’ll need to be comfortable with a wide range of tasks, from accounting and bookkeeping to marketing and sales.

3. You’ll need to be highly organized

If you’re going to be successful as an entrepreneur, you’ll need to be highly organized. This means keeping track of your appointments, deadlines, and tasks, as well as staying on top of your finances.

4. You’ll need to be comfortable with change

Change is a constant in the world of business, and entrepreneurs need to be comfortable with it. This means being open to new ideas, trying new things, and adapting to the ever-changing landscape of the business world.

5. You’ll need to be comfortable with risk

Taking risks is a necessary part of being an entrepreneur. Without taking risks, it’s unlikely that you’ll be able to achieve success. However, it’s important to remember that not all risks are created equal, and some are more likely to lead to success than others.

6. You’ll need to be comfortable with failure

Failure is a part of life, but it’s especially common in the world of business. Entrepreneurs need to be comfortable with failure if they’re going to succeed. This means accepting that not every idea will work out and that not every venture will be successful.

7. You’ll need to be resilient

Last but not least, entrepreneurs need to be resilient. This means having the ability to pick yourself up after a setback and keep moving forward toward your goals.

So is being an entrepreneur tough?

It can be. But it can also be incredibly rewarding. It’s up to you to decide whether the challenges are worth it for you. So, these are the few things you should know before starting your entrepreneurial journey.