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7 things they don't tell you about entrepreneurship, learnt from growing our business AlgoExpert to over 50,000 paying customers in 4 years.
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1) There's going to be an incessant amount of work.
You'll always be able to improve your product or service. You'll always be able to do more.
And the work won't suddenly disappear once you reach "that milestone."
You'll always be able to improve your product or service. You'll always be able to do more.
And the work won't suddenly disappear once you reach "that milestone."
2) The grand majority of your work will be unglamorous.
Don't expect to be doing exciting stuff 24/7—you're not going to, especially if you're the CEO (ironically).
Don't expect to be doing exciting stuff 24/7—you're not going to, especially if you're the CEO (ironically).
3) Delegation isn't easy, and its benefits are often overestimated.
Delegation comes with both upfront and future costs, which tend to counteract its benefits.
Many tasks don't actually need to be be delegated; you just need to suck it up and do them.
Delegation comes with both upfront and future costs, which tend to counteract its benefits.
Many tasks don't actually need to be be delegated; you just need to suck it up and do them.
4) There will be many highs and lows, and you'll feel them viscerally.
5) Don't get drunk with cold water.
That successful feature launch.
That record day of sales.
That viral marketing hit.
All great, but they shouldn't extinguish the sense of urgency that led you to them.
A record day of sales is great. A record 3 years of sales is greater.
That successful feature launch.
That record day of sales.
That viral marketing hit.
All great, but they shouldn't extinguish the sense of urgency that led you to them.
A record day of sales is great. A record 3 years of sales is greater.
6) Your relationship with your co-founder(s) will be tested.
Working with someone all day every day for years, through awesome highs and brutal lows, is revealing.
Make sure that the relationship is strong before entering the arena.
Working with someone all day every day for years, through awesome highs and brutal lows, is revealing.
Make sure that the relationship is strong before entering the arena.
7) If you're unfazed by 1-6, and if stress and uncertainty don't scare you, entrepreneurship is worth it.
So, so worth it.
So, so worth it.
