Entrepreneurship may not be a walk in the park but, in the long run, it does have its benefits. While different business owners may go through different hardships, there are difficulties that every entrepreneur will have to face one way or another.
Inc. listed three difficulties that entrepreneurs will experience. These hardships are universal and something that business owners have to learn to overcome.
1. External support will waver.
Usually, at the beginning of every business, there will be immense support given to the product or service. Don't trust the hype, though. There will come a time when public, external support will turn against your business. Ride the popularity but don't be fooled into thinking that your product or service is already the best. There will always be room for improvements in any business.
2. Perfection will never come.
Yes, it is important to continuously improve ourselves and our product or service. However, don't get stuck waiting for perfection since it will never be perfect. Opt to focus on a more realistic goal. Keeping yourself grounded on your strengths and weaknesses can have a positive impact on your business.
3. Rejections are inevitable.
Every entrepreneur will definitely face rejection some time in his or her life. Don't let it bring you down, though. Being turned down does not always relate to your potential. Think of rejections as one of the things that every entrepreneur goes through and use it to be better.
BBC also provided tips on how to silence your "inner critic." The article included advices from Facebook chief operating officer Sheryl Sandberg, burlesque dancer and entrepreneur Dita Von Teese as well as renowned author J.K. Rowling.
"It is impossible to live without failing at something, unless you live so cautiously that you might as well have not lived at all, in which case you've failed by default," Rowling said in a 2008 commencement speech to Harvard graduates. "Such knowledge is a true gift, for all that it is painfully won, and it has been worth more than any qualification I have ever earned."