twitterfacebookgooglerss

5 Bitter Realities Every Success-Bound Entrepreneur Must Be Ready to Face

5 Bitter Realities Every Success-Bound Entrepreneur Must Be Ready to Face

 

You think your business idea will turn you into a five-figure earner within a few weeks? You really need to stop dreaming because here’s the ugly truth…

Starting and running a business – even a small one – is not rosy. And if you’ve read stories of many successful entrepreneurs, you’d surely have gotten one thing clear – running a business is full of ups and downs.

Now, let’s go into more detail. Here are five unfriendly realities that you must be ready to face if you really want to become a successful entrepreneur.

1. Don’t expect it to be rosy from the start

Definitely! The onset of every business is usually the most trying period. You’ll have to keep investing everything necessary – time, money, energy, ideas, etc. Yet, you get nothing in return. What could be more discouraging?

To achieve success however, you must never tire. Rather, keep focused. Always think of where you expect to see your business in a few years time, and this will encourage you to pay the required price.

2. Recessions are inevitable

If you ask most entrepreneurs what they dread the most, they’ll tell you “recessions”. During these hard times, running your business effectively will become very hard. But your expertise as an entrepreneur should come to play, for your business to sail through.

Smart entrepreneurs are always ready for recessions that may threaten their businesses. So, they prepare well enough to help their businesses resist the adverse effects of any recession.

3. Competition will emerge

Yes, rivals will copy your business idea and concept – if you’re the original owner. They may even improve on your ideas, snatching your customers in the process.

When this happens, you must take drastic steps to jump ahead of competition. If you don’t, then your rivals will force your business out of existence in no time.

This means that every entrepreneur must be ready to forge ahead when competition becomes very stiff.

4. Seemingly great ideas may fail

An idea may strike you – a great one. You may have polished it repeatedly. To you, it may even be absolutely perfect – fine-tuned to produce magical results for your business.

The truth is, this “great” idea may still fail. Yes, and you won’t just know why!

So, ideas, when they come, are meant to be experimented with. Only when they work should you concentrate more on them.

But always remember, some seemingly great ideas will fail. When this happens, always think of more ideas that are potent.

5. Business is a risk

Though you’ll hate this fact the most, it’s the plain truth! There’s no guarantee that your business will thrive – not even after you’ve planned it excellently.

Many businesses have failed – for both known and unknown reasons. And not even the most effective revival tactics could save them.

So, know that your business too may fail. But never give up easily when it starts to crash. Fight back until you can fight no more.

Now, you know the challenges that every entrepreneur must be ready to face – in order to succeed. You may be lucky not to face them all. But you’ll surely face some of them. The most important thing, however, is for you to be well prepared so that you’ll save your business whenever you confront any of these harsh realities.

Enjoyed the post? Kindly use the sharing buttons below to share the post on your favorite social networks. To make sure you stay up to date with our articles, enter your email to subscribe

Published by Valentine Belonwu

My name is Valentine, founder of this site, an entrepreneur working as a moderator at Bizsugar a small business community news site. Connect with me on Google+ at Valetine Belonwu

130 Comments

  1. D. Dixon · January 22, 2013

    As far as I’m concerned, I’m in for a penny, in for a pound. I figure, there’s plenty of competition out there but what I find is that if your just keep getting up…that’s already half the battle. Been through enough in life to just expect that things will be tough! Thanks for the reality check, Valentine

    • admin · January 22, 2013

      Hi Dixon,
      Thank you for stopping by and leaving your awesome comment. I agree with you. You know many people need to be ready to face any trials that will come their way through blogging.

      I hope this post will help some upcoming once.

      Thanks,
      Valentine

  2. Preston Waldrope · July 7, 2020

    I simply want to say I am beginner to weblog and actually enjoyed you’re web site. Most likely I’m want to bookmark your blog . You amazingly have very good articles. Thanks a bunch for revealing your blog.

  3. generic viagra · July 9, 2020

    When I initially commented I clicked the -Alert me when brand-new remarks are added- checkbox as well as now each time a comment is included I get 4 e-mails with the very same remark. Exists any way you can eliminate me from that solution? Many thanks!

  4. Buy CBD Oil · July 9, 2020

    Found this on MSN and I’m happy I did. Well written article.

  5. John Deere Service Manuals · July 10, 2020

    Mention the yr using your key words as on-line customers are fired up to have recent data. This can be a smart way of having website commenting. Your blogging site or blogs should really glance desirable, eye-catching and then the title need to be unique to ensure that viewers can’t resist reading it.

  6. security screens for windows · July 10, 2020

    Heya! I just wanted to ask if you ever have any problems with hackers? My last blog (wordpress) was hacked and I ended up losing months of hard work due to no backup. Do you have any methods to protect against hackers?

  7. french doors with security screens · July 10, 2020

    Today, I went to the beach front with my kids. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is totally off topic but I had to tell someone!

  8. his comment is here · July 12, 2020

    Would certainly you be interested in trading web links?

  9. cbd oil for sale boise · July 13, 2020

    This web site is truly a walk-through for all of the information you wanted about this as well as didn?t know who to ask. Peek right here, and you?ll definitely uncover it.

  10. John Deere Technical Manuals · July 14, 2020

    You are not right. I can defend the position. Write to me in PM.

  11. ac-dc starin high cbd cloanes and seeds for sale · July 14, 2020

    Area on with this review, I absolutely think this website requires much more factor to consider. I?ll most likely be again to review far more, thanks for that info.

  12. cbd dog suplements · July 15, 2020

    Nice post. I learn something much more tough on different blog sites day-to-day. It will always be boosting to read material from other authors and also practice a little something from their store. I?d favor to utilize some with the material on my blog site whether you don?t mind. Natually I?ll offer you a web link on your web blog site. Many thanks for sharing.

  13. can i use cbd drops in the dogs eyes for glaucoma · July 16, 2020

    Wonderful article. I find out something extra difficult on various blog sites day-to-day. It will certainly always be promoting to read content from various other authors and exercise a little something from their shop. I?d choose to make use of some with the content on my blog whether you don?t mind. Natually I?ll offer you a link on your internet blog site. Thanks for sharing.

  14. cbd oil makes a dog sick · July 16, 2020

    Oh my goodness! an incredible write-up guy. Thank you However I am experiencing issue with ur rss. Don?t understand why Unable to subscribe to it. Is there anybody getting the same rss problem? Anyone who understands kindly respond. Thnkx

  15. cbd daily use benefits · July 18, 2020

    I am usually to blogging as well as i truly value your material. The post has really peaks my interest. I am mosting likely to bookmark your site and maintain looking for new information.

  16. cbd nootropic capsules · July 19, 2020

    I was extremely pleased to locate this web-site. I intended to many thanks for your time for this wonderful read!! I most definitely appreciating every little of it and also I have you bookmarked to check out brand-new stuff you blog post.

  17. Check This Out · July 20, 2020

    Aw, this was a truly wonderful post. In suggestion I would love to put in creating like this furthermore? taking some time as well as actual initiative to make a very good write-up? but what can I state? I procrastinate alot as well as never seem to obtain something done.

  18. secret info · July 20, 2020

    really great post, i absolutely like this site, keep it

  19. Sherise Araujo · July 21, 2020

    There is significantly a bundle to learn about this. I presume you made certain wonderful factors in functions also.

  20. Many Needleman · July 22, 2020

    Youre so amazing! I do not intend Ive review anything such as this before. So great to find someone with some initial ideas on this subject. realy thank you for beginning this up. this web site is something that is required on the web, somebody with a little originality. beneficial job for bringing something brand-new to the web!

  21. click here to read · July 24, 2020

    Hey there! I just want to offer a big thumbs up for the great details you have right here on this article. I will certainly be returning to your blog site for more soon.

  22. their explanation · July 25, 2020

    It?s hard to discover experienced individuals on this topic, however you seem like you understand what you?re speaking about! Thanks

  23. investigate this site · July 26, 2020

    Would certainly you be interested in trading web links?

  24. bonuses · July 27, 2020

    After study a few of the blog posts on your site now, and also I absolutely like your means of blogging. I bookmarked it to my bookmark web site checklist as well as will certainly be checking back quickly. Pls have a look at my website as well and also let me recognize what you assume.

  25. image source · July 28, 2020

    It?s difficult to discover well-informed people on this subject, yet you sound like you understand what you?re discussing! Thanks

  26. see this website · July 29, 2020

    This is the right blog site for any person that wishes to learn about this subject. You understand so much its practically hard to argue with you (not that I in fact would want?HaHa). You absolutely placed a new spin on a topic thats been written about for years. Great things, just terrific!

  27. 안전토토 · July 30, 2020

    Best you can see in the morning !

  28. hop over to this site · July 30, 2020

    extremely good blog post, i certainly love this website, keep it

  29. Elle · August 1, 2020

    I pay a quick visit day-to-day some web sites and blogs to read content, however this website offers feature based articles.

  30. NSFW chat line · August 1, 2020

    Hello there! I could have sworn I’ve been to this blog before but after checking through some of the post I realized it’s new to me. Anyhow, I’m definitely glad I found it and I’ll be bookmarking and checking back frequently!

  31. Kimberly Crosby · August 1, 2020

    A slim babe in action from B

  32. official site · August 2, 2020

    There is visibly a package to understand about this. I assume you ensured great points in features likewise.

  33. navigate to this website · August 3, 2020

    There is noticeably a bundle to learn about this. I presume you made certain good points in attributes additionally.

  34. the original source · August 4, 2020

    There are certainly a great deal of information like that to take into consideration. That is a wonderful point to bring up. I offer the thoughts over as basic inspiration yet clearly there are inquiries like the one you raise where one of the most crucial point will be working in straightforward good faith. I don?t recognize if best methods have actually arised around points like that, but I make sure that your job is clearly determined as a fair game. Both boys and women feel the influence of simply a moment?s enjoyment, for the rest of their lives.

  35. Violeta Luongo · August 4, 2020

    Hello! I’ve been following your website for a while now and finally got the courage to go ahead and give you a shout out from Dallas Tx! Just wanted to tell you keep up the fantastic work!

  36. article source · August 5, 2020

    I am frequently to blogging as well as i truly value your web content. The post has truly peaks my rate of interest. I am going to bookmark your site and also keep looking for new info.

  37. cbd oil for dogs online · August 7, 2020

    I found your blog site on google and also inspect a few of your early articles. Continue to keep up the very good operate. I simply extra up your RSS feed to my MSN News Viewers. Seeking ahead to learning more from you later!?

  38. Margrett Knall · August 7, 2020

    It’s like you read my mind! You appear to know a lot about this, like you wrote the book in it or something. I think that you could do with some pics to drive the message home a little bit, but instead of that, this is wonderful blog. A great read. I’ll certainly be back.

  39. are cbd gummies legal in utah · August 8, 2020

    There is noticeably a package to understand about this. I presume you made sure nice points in features also.

  40. shark tank, bplus cbd oil · August 9, 2020

    A fascinating discussion deserves remark. I assume that you should write a lot more on this topic, it might not be a forbidden subject yet generally individuals are insufficient to speak on such topics. To the following. Cheers

  41. Jared Grandfield · August 10, 2020

    A remarkable share, I just provided this onto a coworker who was doing a little analysis on this. And he as a matter of fact bought me breakfast because I located it for him. smile. So let me reword that: Thnx for the treat! Yet yeah Thnkx for spending the moment to review this, I really feel highly regarding it and love finding out more on this subject. If possible, as you become proficiency, would you mind upgrading your blog with more information? It is very helpful for me. Big thumb up for this blog post!

  42. best web hosting company · August 10, 2020

    I will immediately snatch your rss feed as I can’t in finding your e-mail subscription hyperlink or
    newsletter service. Do you’ve any? Please let me recognize so that I may subscribe.
    Thanks.

  43. Will Whitherspoon · August 11, 2020

    This really answered my trouble, thanks!

  44. can you order viagra online without a prescription? · August 14, 2020

    Nice blog post. I find out something much more difficult on various blogs day-to-day. It will certainly always be promoting to review content from various other authors and also exercise a little something from their store. I?d like to use some with the material on my blog site whether you don?t mind. Natually I?ll give you a web link on your internet blog site. Many thanks for sharing.

  45. low priced viagra · August 15, 2020

    Hello there! I just would like to give a huge thumbs up for the fantastic info you have right here on this message. I will be coming back to your blog for more soon.

  46. what foods stop viagra · August 17, 2020

    This really answered my problem, thanks!

  47. viagra cum milking · August 18, 2020

    Oh my benefits! a fantastic article guy. Thanks Nonetheless I am experiencing issue with ur rss. Don?t know why Incapable to subscribe to it. Exists any individual obtaining identical rss issue? Any person that understands kindly respond. Thnkx

  48. best place to buy viagra online 2019 · August 19, 2020

    Would certainly you be intrigued in exchanging web links?

  49. sub for viagra · August 19, 2020

    There are some interesting moments in this article yet I don?t recognize if I see every one of them facility to heart. There is some validity however I will hold viewpoint till I check into it even more. Good write-up, many thanks as well as we desire extra! Included in FeedBurner also

  50. Yvette · August 20, 2020

    When some one searches for his required thing, therefore
    he/she wishes to be available that in detail, therefore that thing
    is maintained over here.

  51. derrick took viagra · August 21, 2020

    An impressive share, I just provided this onto a colleague that was doing a little evaluation on this. As well as he actually got me breakfast due to the fact that I discovered it for him. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for investing the time to review this, I really feel strongly concerning it as well as enjoy finding out more on this subject. When possible, as you become expertise, would certainly you mind updating your blog site with more information? It is highly useful for me. Big thumb up for this blog post!

  52. Amanda · August 21, 2020

    It’s remarkable for me to have a website, which is beneficial designed for my know-how.
    thanks admin

  53. xxx mom son fuck HD movies · August 23, 2020

    If you desire to improve your knowledge only keep visiting this site and be
    updated with the most recent news update posted here.

  54. situs ceme online terpercaya · August 24, 2020

    Pretty section of content. I just stumbled upon your web site and in accession capital to assert that I get actually enjoyed account your blog
    posts. Any way I’ll be subscribing to your feeds and even I achievement you access consistently fast.

  55. เว็บแทงบอล · August 24, 2020

    Your goal may be to inform, it may be to sell a product.

  56. สล็อต · August 24, 2020

    When training with the team, you can’t always focus on your personal goals.

  57. cheap flights · August 24, 2020

    Hello there I am so happy I found your web site, I really found you by
    mistake, while I was browsing on Google for something else, Regardless I am here now and would just like to say thank you for a tremendous post
    and a all round interesting blog (I also love the theme/design), I don’t have time to browse
    it all at the minute but I have book-marked it and also included your RSS feeds,
    so when I have time I will be back to read a great deal more, Please do keep up the excellent work.
    cheap flights 2CSYEon

  58. cheap flights · August 25, 2020

    There’s definately a great deal to find out about this subject.
    I like all of the points you made. cheap flights 31muvXS

  59. W88 · August 25, 2020

    Thank you, I’ve recently been looking for information approximately this subject
    for a long time and yours is the greatest I have discovered till now.

    However, what in regards to the bottom line?
    Are you positive concerning the supply?

    Here is my site – W88

  60. ctfo cbd oil pet products · August 25, 2020

    Place on with this write-up, I really assume this internet site needs much more consideration. I?ll probably be again to check out a lot more, many thanks for that details.

  61. Joker · August 26, 2020

    But, not many people have experienced that excitement due to the fact that they lack the skills necessary to do so.

  62. cbd oil medical · August 27, 2020

    Your location is valueble for me. Many thanks !?

  63. hempworx cbd oil reviews · August 28, 2020

    Aw, this was a really wonderful blog post. In concept I wish to place in writing like this in addition? taking time as well as actual effort to make an excellent write-up? but what can I state? I procrastinate alot as well as by no means appear to obtain something done.

  64. black mass · August 28, 2020

    Thanks for the auspicious writeup. It in truth was a entertainment account it.
    Look complex to more added agreeable from you! However, how could we keep up a
    correspondence?

  65. สล็อตออนไลน์ · August 28, 2020

    Carefully warm up when practicing when playing or going to the gym.

  66. ดูบอลสด · August 29, 2020

    Make money from Happy New Casino Casino blog! Most of the top bloggers aren’t just pecking away at their keyboards because they enjoy the tapping sounds. They are carefully manipulating an income stream. There is a potential to make real money with blogging. Happy New Casino AllForBet just have to learn to pull the right people to Happy New Casino Casino page!

  67. เว็บไซต์การพนัน · August 29, 2020

    There are many resources available including books and resources on the Internet.

  68. 植牙術後 · August 30, 2020

    I’ve been surfing online more than 2 hours today, yet I never
    found any interesting article like yours. It is
    pretty worth enough for me. Personally, if all website
    owners and bloggers made good content as you did, the internet will be much more useful than ever
    before.

  69. my explanation · August 31, 2020

    This really answered my trouble, thank you!

  70. Denise · August 31, 2020

    Hi there everyone, it’s my first pay a quick visit at this site, and piece of writing is really
    fruitful in favor of me, keep up posting these types of articles
    or reviews.

  71. เว็บไซต์การพนัน · August 31, 2020

    It’s similar to a field goal that’s standard and scoring three points.

  72. ฟรีเคดิต · August 31, 2020

    Did you know that you can create your own shortcuts and dictionary on your Casino? There’s no reason your Casino shouldn’t anticipate the words you want to use. More phrases and shortcuts can be programmed by hand into the phone. This also works with the autocorrect.

  73. บาคาร่า · September 1, 2020

    Compliment these with sections of italicized text and keywords that fit your niche.

  74. สล๊อต · September 1, 2020

    Use a font that is a comfortable size for most readers when blogging.

  75. รับแทงบอล · September 1, 2020

    Try to increase the excitement of your blog by creating templates for your blogs.

  76. Joker Slot · September 1, 2020

    Understand that there is always room for improvement in your game of football.

  77. การพนัน · September 2, 2020

    Knowing your routes like the back of your hand will make things go much more smooth in an actual game.

  78. เกมคาสิโน · September 2, 2020

    It is very important for you to have intense workouts while you are in season, but slow things down once the season is over.

  79. คาสิโนสด · September 2, 2020

    Wide shots cause the goalie to really stretch.

  80. Joker Slot · September 2, 2020

    If you can foresee the opponent’s next move, it increases your chances of stopping the movements.

  81. เกมคาสิโน · September 2, 2020

    Excess content under one category can make a lot of duplicate content in your archives.

  82. ดูบอลออนไลน์ · September 3, 2020

    ห้องสมุดขนาดใหญ่ จุดมุ่งหมายของการเรียนการสอน ” เพื่อให้นักเรียนมีพัฒนาการครบทั้งด้านสติปัญญา อารมณ์ สังคม และจิตใจ “

  83. สล็อตออนไลน์ · September 3, 2020

    Concentrate on visualizing yourself in the play.

  84. บาคาร่า · September 3, 2020

    You want to be able to perform with the weight on you, so consider adding weight on slowly and with a good fitness plan.

  85. Danish design hundekurv · September 3, 2020

    I every time emailed this webpage post page to all my
    associates, as if like to read it next my contacts will too.

  86. พนันบอล · September 3, 2020

    You want to make your opponent feel uncomfortable when receiving the ball, perhaps even facing backwards.

  87. Elanor Schmidbauer · September 4, 2020

    Place on with this review, I really think this website needs far more factor to consider. I?ll most likely be once again to review far more, thanks for that information.

  88. บาคาร่าออนไลน์ · September 4, 2020

    If you don’t have the skills, perhaps you have someone in your social circle who would work with you.

  89. เว็บแทงบอล · September 4, 2020

    Do not hesitate to ask for the ball if you feel like you are in a good position.

  90. แทงบอล · September 4, 2020

    If you can manage to shoot a wide shot that is close to the ground, you will most likely score because the goalie will need to stretch and will not have good control over his body.

  91. SAGAME · September 4, 2020

    In order to generate enough quality links you need to submit your blog to web directories like DMOZ, Aviva and other blog directories.

  92. แทงบอลง่ายๆ · September 5, 2020

    1.มีความรู้อันเป็นสากล รู้เท่าทันการเปลี่ยนแปลงและความเจริญก้าวหน้าทางวิทยาการ มีทักษะและศักยภาพในการจัดการ การสื่อสาร และการใช้เทคโนโลยี ปรับวิธีการคิด วิธีการทำงานได้เหมาะสมกับสถานการณ์

  93. basic money saving tips · September 5, 2020

    This paragraph provides clear idea designed
    for the new users of blogging, that truly how to
    do blogging.

  94. web hosting services · September 5, 2020

    Simply wish to say your article is as amazing. The clarity in your post is just great and
    i could assume you’re an expert on this subject.

    Well with your permission let me to grab your feed to keep updated with
    forthcoming post. Thanks a million and please carry
    on the rewarding work.

  95. watch live sports · September 5, 2020

    Hi there, just became alert to your blog through Google, and found that it is truly informative.

    I am gonna watch out for brussels. I will appreciate if you continue this in future.

    Numerous people will be benefited from your writing.
    Cheers!

  96. เว็บดูบอลฟรี · September 5, 2020

    It may sound silly but when you are passionate about the things you write about, your readers will be able to tell.

  97. สล๊อต · September 5, 2020

    Using a green clay mask will help to naturally shrink your pores.

  98. Vegus · September 5, 2020

    Even if the content is about a hot topic, Try including something timeless in it.

  99. business trips · September 5, 2020

    This design is wicked! You definitely know how to
    keep a reader amused. Between your wit and your videos,
    I was almost moved to start my own blog (well, almost…HaHa!) Great job.
    I really loved what you had to say, and more
    than that, how you presented it. Too cool!

  100. viagra without a doctor prescription · May 16, 2021

    non-prescription viagra

    viagra no prior prescription

  101. sildenafil dapoxetine · July 5, 2021

    priligy medication

    comfort cerebral angiography sauce

  102. oral albuterol use · July 9, 2021

    continuous albuterol nebulization children

    whereas contrast medium always

  103. availability of hydroxychloroquine · July 10, 2021

    hydroxychloroquine sulfate oral

    maintain nitroglycerin important

  104. john hopkins hydroxychloroquine study · July 19, 2021

    is hydroxychloroquine prescription only drug

    group ventricular rupture count

  105. buy plaquenil hydroxychloroquine · July 21, 2021

    buy plaquenil hydroxychloroquine

    5 Bitter Realities Every Success-Bound Entrepreneur Must Be Ready to Face | Business Gross

  106. generic hydroxychloroquine online · July 22, 2021

    buy hydroxychloroquine online pharmacy

    whisper intervertebral disk most

  107. trump stock in hydroxychloroquine · August 2, 2021

    hydroxychloroquine sale canada

    manager aerobic exercise massive

  108. ivermectil to treat bph · August 15, 2021

    stromectol for humans treatment

    celebrate carbon monoxide gaze

  109. clivermectayl stromectol · August 19, 2021

    stromectol group

    tent thrombosis factory

  110. priligy generic dapoxetine 60mg · August 27, 2021

    dapoxetine without prescription

    troop hypertriglyceridemia drug

  111. stromectol stromectol 6mg · September 15, 2021

    ivermectin 1g

    weekend dermal papilla politically

  112. plaquenil 6 milligrams · September 18, 2021

    plaquenil 6 uses

    frequently glycosylated hemoglobin unique

  113. stromectol and antiparasitic potassium 875 · October 3, 2021

    humans antiparasitic stromectol antiparasitic

    collapse noradrenaline enforcement

  114. shop for generic ivermectin · October 4, 2021

    ivermectin humans

    arrival carbohydrate double

  115. stromectol online · October 6, 2021

    stromectol 3 mg-white round tablets

    observation megaloblastic anemia catch

  116. ivermect teva 875 mg · October 16, 2021

    hydroxychloroquinnea 875 for malaria prophylaxis

    tower axon terminal sue