It means a lot of pain and a lot of hard work! Being an entrepreneur is hard. Whether your looking to get a side hustle and get yourself some passive income or start something yourself there are certain things you can do to try to make sure when you take the shot at being one you minimize your risks of failure.
1. Prepare yourself mentally and tell your family
Deciding to go on the entrepreneur will be easy. Its good to have some savings prepared and for you or your partner to be ready for you to go on the journey. Remember the risk of failing is huge so one of you having some kind of savings would probably be a good idea
2. Take courses that can help you prepare for the challenges
Any seasoned entrepreneur will take you advisors and even courses from experts in the field who have already been through the jouney are a good thing to help you win and be successful. Dont take this information lightly and make sure you start looking for a mentor or coach helping you make smart decisions in your bueinsss
3. Adjust your life accordingly.
Its a very lonely journey and make sure you are ready for it. Gather as much about your competition as you can before you start. What can you do better? How can you do it better? Why are you going to win in the space? Don't overthink it but be smart about what is trending and exploiting a niche that you believe you could win at.
4. Become a risk taker
This is an obvious one. Entrepreneurs are risk-takers and you have to be on too. Change your mindset and give it a try. There will always be jobs out there to go back to.