entrepreneur

Choosing entrepreneurship is making the conscious decision to pursue a life of educated risk towards the ultimate goal of freedom.

As an entrepreneur there are many ups and downs, excitement and fears that we will experience, some not so fun and often we can feel very alone.

All of these feelings and experiences are normal, as we must acknowledge the fact that we will be failing our way forward towards our success.

Whether your already on the battle field fighting for your dream or you’re thinking about getting started in your own small business, read this post and be aware of these 5 most common entrepreneurial emotional challenges.

 

1. Defining who you are and why you’re doing it:

As an entrepreneur there is nobody telling us what to do everyday. We are in charge of our day to day activities and most importantly defining who we are and why we are doing what we are doing.

This can cause a lot of pressure on some, especially those who are transitioning from the typical JOB lifestyle to the excitingly wild world of entrepreneurship.

You’re in charge of setting your own alarm clock, you wont get fired if you don’t show up to work and your schedule is purely yours to design.

This sounds blissful but as the days progress and the distractions all around you are calling your name, many find it difficult to stay focused and committed day in and day out.

It also depends on your situation, typically someone who has quit their job and has no other source of income anymore will have an enormous sense of urgency to ‘make it work’ compared to someone who is still sustaining a regular income and working their entrepreneurship dream part time.

This is where things can get dangerous for the part timers.

Being just comfortable enough can create a devastating effect on your business, as your sense of urgency is not as strong because you haven’t hit rock bottom yet.

Define who you are and the core desire of why you are doing what your doing.

Let that core desire wake you up every morning and fight another day.

 

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2. You’re in the driver’s seat:

Designing your day to day activities in your business is purely up to you when it comes to entrepreneurship.

This can be a scary thought for some, yet others thrive on the freedom.

Most of us are busy….but what are we actually busy doing?

Often entrepreneurs will run into the habit of thinking they are being productive yet not realizing they have wasted precious time scrolling through the Facebook news feed.

Typically a day should consist of 80% income producing activities and 20% personal development/trainings.

Often we can have little guidance and we are left to figure it out ourselves.

Your business begins and ends with you.

It’s easy for self doubt to set in, you must design your goals and know where your destination is.

 

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3. Intense emotions

Often as an entrepreneur we have multitudes of emotions creeping in ~ doubt, excitement, passion, fear and sometimes all at once which can be extremely overwhelming.

These feelings are what every entrepreneur goes through at one stage or another, so know that it’s normal and you are heading in the right direction.

As Tom Hanks said in A League Of Their Own ~

“It’s suppose to be hard, if it wasn’t hard then everybody would do it. The harder is what makes it great”

 

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4. Stress

The life of an entrepreneur is in no way shape or form easy which is why stress is such a huge factor.

During your early years while your learning how to manage your business and all that goes along with it, the gut wrenching feelings of anxiety will be there.

If you’re willing to become a master in your field as the years progress you will have more control over your stress levels and learn from the inevitable mistakes you will make.

 

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5. Financial Strain

When things don’t go the way we want them to in our business, the first aspect effected is usually cashflow.

This can have a huge devastating effect on you and your families life.

You must be prepared to lose money, especially in the beginning.

 

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With all of these challenges, why do we begin our entrepreneurial quest in the first place?

Because we have a fire inside our hearts to succeed.

To have freedom in our lives and the lives of our families.

To give back and leave a legacy in this life with true purpose and intention.

So if you find yourself struggling with any or all of these emotional challenges, remember that this life is not for the faint hearted in any sense and the rewards on the other side are priceless.

It’s our vision that carries us through every setback because there is no failure, only feedback.

 

Vision

 

 

 

 

 

 

 

 

 

 

52 thoughts on “5 emotional challenges you must be ready to face as an Entrepreneur

  1. Great article.All the ideas shared captures the very essence of the life of an entrepreneur. An innate desire to create freedom form his or her family drives the very core of his being to fight even harder. Thanks for sharing.

  2. All the issues raised are true, and the most scaring one is financial stress especially if this the only business you are pursuing. If it fails what can do and what can you say to those around you, your spouse your children etc. So the best it make it work at all costs, so we have to remain focused, determine and persistent.

  3. WOW – you really hit the nail on the head with this post! It may have actually scared a few off the world of entrepreneurship its so honest! I can relate to every single one of your points. The intense emotions is one that doesn’t come up very often but is so true. For some reason Ron Burgundy jumped into my head with him screaming in the phone booth “I’m in a class cage of emotions!”

    1. LOL yes Alex I really do like to keep it real and will always be very open to the fact that if you want to be an entrepreneur you have to have a thick skin or learn to have one very quickly if you want to succeed.

  4. You have this absolutely nailed it Alesha! It certainly is not an easy path being an entrepreneur, but when you have your dreams and freedom in sight, it is hard not to keep going even in the midst of challenges.

  5. Truly is spot on Alesha as the journey for an entrepreneur is like a roller coaster! And when you can stay in for the ride, that is when you will push through any obstacles, enjoy the ups and get through the downs to achieve our goals and freedom. Thank you for sharing!

    1. Yes I believe it’s so important for our fellow entrepreneurs to understand they aren’t alone and we’re all in this together.

  6. Excellent, excellent post Alesha. I hope you make an ebook or some such out of this. Very well done. Certainly hit home for me — there is no Plan B.

  7. As a fellow entrepreneur who has been in the game for a few years of and on I can totally relate to what you are talking about in this post. Great content as always Alesha Drew!

    1. Great to hear William, we all go through these challenges at one stage or another and it’s important to know that we’re not alone. Appreciate your comments!

  8. This is a great post. The life of an entrepreneur poses many challenges seemingly every day, but it has been worth the journey.

  9. Great to hear William, we all go through these challenges at one stage or another and it’s important to know that we’re not alone. Appreciate your comments!

  10. Yes I believe it’s so important for our fellow entrepreneurs to understand they aren’t alone and we’re all in this together.

  11. LOL yes Alex I really do like to keep it real and will always be very open to the fact that if you want to be an entrepreneur you have to have a thick skin or learn to have one very quickly if you want to succeed.

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