The number of young people becoming entrepreneurs is growing faster than at any other time in history. There are so many people that have decided that the possibility of working for themselves is worth the risk of becoming a writer, business consultant, freelance content marketer, app developer, or the founder of a startup. Even though the entrepreneur trend is certainly growing, research shows that there is a huge difference between the number of people who want to create a business and the people who actually do. The reason for this huge difference seems to have nothing to do with a lack of education, considering how easy it is for most people to have access to free and affordable online education. The main reason that people are less likely to follow through on their business dreams is that they lack the resources needed, including things like confidence and the motivation to get going.
Starting a business and growing it to become successful is very hard, and there are usually little to no monetary returns for all your hard work in the beginning. For that reason, some people think they can create a new income as an entrepreneur while still working for someone else full-time. Creating a business and making that business successful while also working for someone else is tough, but it does allow an entrepreneur just starting out to have a sense of security and luxury. Of course, doing this can cause a strain that often leads to quitting the full-time job, and once that job is gone, so are those times of security and luxury.
The bottom line is that starting a business is very hard whether you are employed full-time or not. Fortunately, there are a few pieces of advice that entrepreneurs can take to ensure they have their best chances of success in their business, including staying focused on their business goals with less attention to distractions, taking inventory of strengths and weaknesses, ensuring there is a need for your business, find out what makes your business unique compared to the competition, receive feedback from others, and try to keep your full-time income as long as possible because the resources it offers are really going to come in handy.