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Being an entrepreneur makes it challenging to provide someone in your life with a sense of steadiness or dependability; the cost of an entrepreneur’s success must include self-sacrifice. Since there is the opportunity to earn an insane amount of money, one should be ready to incur a financial cost (Eniola, 2021). At first, the expenses are all harmful, they come from one’s pocket, and the rewards are not assured.
Having a business partner is essential for any entrepreneurial journey. As an entrepreneur, it’s crucial to have partners willing to be critical friends rather than cuddle you as a good friend could. Additionally, having a partner committed to making sacrifices on all fronts helps ensure that you have a strong support network as an entrepreneur (Eniola, 2021).
Being a good entrepreneur means dedicating oneself to their business endeavors without ceasing. However, working long hours each day can be extremely dangerous to one’s wellness; it is essential to remember that one’s life shouldn’t be monopolized by work. Instead, one should work until a specific time and not exceed that to create time to chill, spend time with friends and family, and recharge before returning to their jobs (Owens, 2021). Once you’ve decided to pursue entrepreneurship, leaving behind that lifestyle is challenging, so a balance between work and life is essential.
Orfalea was successful enough to create a start-up business which ended up being successful, but how he managed his business was not the right way. Having a good relationship with collogues is very important, and maybe if Orfalea had established that good foundation with workmates, he would have made Kinko bigger than it turned out to be. In every business, there are challenges, and the best strategy to deal with them is to be calm and relaxed and look for positive solutions. Worries, anxieties, and bad moods are part of every entrepreneur venture, and they were not inevitable, but how he dealt with them was the main problem. Orfalea should have looked for better ways to handle the frustrations, like seeing a therapist or having a way to calm himself down to avoid the outbursts. Having a friend in the organization who is calm and composed could have helped Orfalea address his issues to the friend, who would have, in turn, calmly communicated Orfalea’s thoughts.
References
Eniola, A. A. (2021). The entrepreneur’s motivation and financing sources. Journal of Open Innovation: Technology, Market, and Complexity, 7(1), 25. Web.
Owens, A. (2021). An investigation of interest in entrepreneurship through Career Information Services and a business plan. Quality – Access to Success, 22(185). Web.
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