If I could give just one single advice it would probably sound like this:
"Don't just blindly follow the entrepreneurship hype. Be true to yourself and try to figure out what you really want to be/achieve in life. Do you really want to be an entrepreneur?"
Most of the times becoming an entrepreneur is absolutely incompatible with the things we really want to achieve in life. Most of us simply want a relaxed and chilled life, not too much to worry about and enough cash to do what we want to do.
If escaping the 9 to 5 treadmill and having a relaxed lifestyle is your goal, becoming an entrepreneur is probably the worst decision you could ever take.
If you're not 150% committed to your idea, your venture, your project, your product or HECK even becoming an entrepreneur at all, it will kill you over time.
For me the story of the Mexican fisherman and the American fisherman always helped a lot when I couldn't see things clear anymore. I highly recommend reading it, because it's probably one f the greatest analogies out there.
“An executive from America was standing at the pier of a Mexican village, taking a much needed vacation. It was his first in more than 10 years. He noticed a small boat with just one fisherman had docked. Inside the small boat were several large yellow fin tuna. The executive complimented the Mexican fisherman on the quality of his fish and asked how long it took to catch them.
The Mexican replied, “only a little while.”
The executive then asked, “why didn’t you stay out longer and catch more fish?”
The Mexican replied, “I have enough to support my family for a little while.”
The executive then asked, “but what do you do with the rest of your time?”
The Mexican fisherman said, “I sleep late, fish a little, play with my children, take siesta with my wife, and stroll into the village each evening where I sip wine and play guitar with my amigos, I have a full and busy life.”
The executive scoffed, “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat with the proceeds from the bigger boat you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually NYC where you will run your expanding enterprise.”
The Mexican fisherman asked, “But, how long will this all take?”
To which the American replied, “15-20 years.”
“But what then?”
The American laughed and said that’s the best part. “When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions.”
“Millions.. Then what?”
The American said, “Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siesta with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.”
Shaking his head, the executive bade the Fisherman farewell. After returning from vacation, the Executive quit his job. “
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