Decide yourself if you can answer "yes" to this list of statements before deciding whether or not to become an entrepreneur:
- I am willing to lose everything.
- I embrace failure.
- I am always willing to do tedious work.
- I can handle watching my dreams fall apart.
- Even if I am puking my guts out with the flu and my mother passed away last week, there is nothing that will keep me from being ready to work.
- My relationship/marriage is so strong, nothing work-related could ever damage it.
- My family doesn't need an income.
- This is a connected world and I don't need alone time. I want to be reachable 24/7 by my employees, customers, and business partners.
- I like instability and I live for uncertainty.
- I don't need a vacation for years at a time.
- I accept that not everyone likes my ideas and that it's quite likely that many of my ideas are garbage.
- If I go into business with friends or family, I am okay with losing that relationship forever if things end badly.
- I don't have existing anxiety issues and I handle stress with ease.
- I am willing to fire or lay off anyone no matter what — how good of a friend they are, if they are my own sibling, if they just had a baby, if they have worked with me for 20 years, if their spouse also just lost their job, if I know they might end up homeless, if they have cancer but no outside medical insurance, or any other horrible scenario millions of bosses and HR people have faced countless times.
- I am okay with being socially cut–off and walking away from my friends when work beckons.
- I love naysayers and I won't explode or give up when a family member, friend, customer, business associate, partner, or anyone for that matter tells me my idea, product, or service is a terrible idea, a waste of time, will never work, or that I must be a moron.
- I accept the fact that I can do everything right, can work 70 hours a week for years, can hire all the right people, can arrange amazing business deals, and still lose everything in a flash because of something out of my control.
- I accept that I may hire people that are much better at my job than I am and I will get out of their way.
- I realize and accept that I am wrong ten times more than I am right.
- I am willing to walk away if it doesn't work out.
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