To all budding entrepreneurs

In my previous articles, I have addressed my fellow youth willing to take up engineering or teaching as their profession. Well, there is one more profession I have immense respect for- Entrepreneurship! Well, mates, starting up your own business is a wonderful thing to do. One of the reasons I believe India has a bright future is the fact that 45 million people have chosen the path of entrepreneurship and are busy fixing the economy of this country.

Many of us believe that being an entrepreneur means being your own boss. You think you have the freedom to determine your life. Well, honestly, you will be a slave to your suppliers, customers, auditors and your own employees. What’s worse is that you don’t have a boss to blame! Secondly, if you are not lucky enough, you will probably be drawing lesser salary than your friends. You will be working much harder, and wondering if you’ll ever catch up?

Many wannabe entrepreneurs believe that they will have lots of time. But the first few years of a business are very hectic, much more than a regular job might require. This is one reason why you should start-up when you’re young! Many who chose to walk the path of entrepreneurship should not let expect emotions to override everything. Trust me, the thrill wears off in a few years. What remains are benefits of taxes after expenses and the building of a long-term asset. And the joy Joy of building a nation!