As a recent graduate contemplating the many roads to financial stability and success, you would definitely have been pitched the entrepreneurial dream where the possibility of never working a nine-to-five, pursuing your dreams, dictating your own schedule, and being your own boss seems like the pot of gold at the end of the rainbow. This article will not dissuade because if you do play your cards right, all that you envision could really become reality. But it would be foolhardy to go embark on your entrepreneurial journey without sound advice and support.
Samuel Onuha, a smart businessman whose business boasts of roughly 50% in returning customers and who is still busy planning and implementing new and bigger projects for his brand, has taken the time out to explain what the entrepreneurial mind should look like because, more than anything, who you are and just how much you are willing to sacrifice will determine whether you will make a good entrepreneur or not.
Know where you want to go
Financial stability, quitting or never working a nine-to-five, serving your community, building an international business, vacationing in exotic locations, being debt-free; the list could go on forever, but you must choose and hold a clear picture of what you want to achieve in your mind, and plan to reach it. It will serve as your vision for as long as it takes to achieve it. It’ll also keep you motivated as you discipline yourself enough to remain focused and patient.
Pick one area of focus
Samuel Onuha stresses this piece of advice for individuals who want to go far for long. Any average person has a million ideas and plans floating around in their head, but taking action is another matter entirely because they do not buckle down on one idea and go all-in. Sam strongly believes that choosing one area to master will save you a lot of time and energy. So pick an interest, study about it as much as you can, and get to work.
Invest a lot of time in your business
As a recent graduate who probably is young, lives with their parent, and has little responsibility and a lot of free time, you should put all of that time into making your business a success. Samuel Onuha, a brilliant and successful businessman in the fashion industry, discusses how he made the choice to drop out of school to go all-in with his business. He admits it was the best decision he could have made at the time and he has no regrets about it. Samuel emphasizes that the amount of time you invest into your business speaks volumes about your dedication, and it will be commensurate with the yields you eventually get. Your business is not a nine-to-five so prepare for it to make demands that a typical nine-to-five wouldn’t.
Take chances
Samuel understands that as a new entrepreneur, you do not have all of the information you need and so you might be scared to venture out, but it is paramount that you take as many chances as you can. He is certain that if you want to succeed, you must put overthinking aside. It is virtually impossible to learn everything before you start, so overthinking and second-guessing your actions and decisions will cost you. Just do it.
Now that you know just how much entrepreneurship demands of you, you can go ahead and decide if it’s truly what you want to do and if you’re down for the ride.
