Doing what you love full-time, and doing it for yourself, is one of the biggest draws of becoming an entrepreneur. There’s something we do really well at work – like graphic design or writing or cooking – and we love it so much, that we go “Hey, I can do this thing full time, and I would love to do it for myself, where I control the hours, I control my work, and I get paid what I’m worth”! Being a great cook is COMPLETELY different from being able to run and manage an actual restaurant.
Welcome to Cut To The Chase, a podcast that brings you Business, Tech & Life Hacks From World-Class Experts, while cutting out all of the fluff, the awkward hellos and boring small talk, and cuts right to the chase and provides a concentrated dose of awesome hacks for work and play.
I’m your host Ravi Jayagopal. I’m the creator of CoolCastPlayer, arguably the prettiest podcast player on the planet, at CoolCastPlayer.com.
There’s a difference between working ON your business vs. working IN your business.
Doing what you love full-time, and doing it for yourself, is one of the biggest draws of becoming an entrepreneur. There’s something we do really well at work – like graphic design or writing or cooking – and we love it so much, that we go “Hey, I can do this thing full time, and I would love to do it for myself, where I control the hours, I control my work, and I get paid what I’m worth”! Right?
If I’m a really good cook, and I love cooking, and I make great dishes at home, and everyone who eats my food absolutely goes crazy over it, doesn’t automatically mean I’ll be good at running a restaurant. Being a great cook is COMPLETELY different from being able to run and manage an actual restaurant.
There’s actually a HUGE gap between skill and entrepreneurship. I call it the Entrepreneurial Gap.
There’s a difference between working ON your business, vs working IN your business.
Artists don’t necessarily make great marketers.
Skilled Technicians don’t necessarily make great CEO’s.
Which is why, according to Bloomberg, 8 out of 10 entrepreneurs who start a business fail within the first 18 months.
(listen to the show for the rest)
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Cheers!
– Ravi Jayagopal
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