The Wrong Reasons In Putting Up a Business

1. Money

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Of course it's insane to think that you put up a business but do not want money. After all your business is expected to generate money. But if money is the ONLY reason why you would want to put up a business then in the future you'll have a big problem.



Some businesses have a feast and famine season. If you put up a business during its feast season you're energetic on running the biz because of all the money coming in. But during the famine season you might get demotivated and less energized.


2. Escape

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You're feeling bad about your job or your current boss so you want to put up a business so that you can finally resign from your job and mind your own business. While it is true that having a business is better than being employed, it is not good to put up a business as an escape.

If you want to become an entrepreneur than an employee because entrepreneurship is your passion then I salute you. But if the reason you want to become an entrepreneur just to escape your current job, then you might be heading for a big disaster.

3. Its Expected or it's Familiar

If you come from a family of bakers you're expected to help in the family business and be a baker too, even if deep in your heart you long to try another field of business.

While there's nothing wrong in doing a business you've become familiar with, it's also no good if you keep on silencing that silent voice in your head that says "you should try this, or try that".
A lot of times that voice inside our head knows what's best for us.

So if these are all "wrong reasons" what are the right reasons?

Head on to my next article to know more.