By Ellen Rubin, CEO and co-founder of ClearSky Data
So, you want to launch a startup. You have a product idea and some target customers in mind, and you’ve been looking for validation from colleagues, investors and analysts for a while. You also want to pursue the idea in your spare time, so it could take a couple of years to get the company off the ground.
There’s a good chance you’re going to hate being an entrepreneur.
Here’s why: in the startup world, you’re all in. Entrepreneurship doesn’t come with a playbook or clear feedback. You’re thrown curveballs on a daily basis and if you’re not ready to handle them 24/7, your company might be doomed to fail.
1. Be OK with being alone.
Entrepreneurs need to stand their ground. Any breakthrough idea is bound to sound a bit crazy at the beginning. As a company grows from an idea to an early-stage project, and then into a functional business, its founding entrepreneur can face challenges from every angle until she can prove her startup’s success. She doesn’t always have time to seek advice from others before following her instincts. She also usually has a hand in every major decision the growing company makes, from managing employees to guiding product trajectories – and the process isn’t always straightforward.