The Pros & Cons of Being an Entrepreneur Devon Brown

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5 Pros and 4 Cons of Being an Entrepreneur
Being an entrepreneur is sexy as hell. You get to be your own boss, have huge financial potential, have a flexible schedule, and much more. But, let's be real, there are some downsides, too.
I've been an entrepreneur for over twenty years and I absolutely love it! But honestly, I’d be lying if I told you that the way I feel about it now, is the same way I’ve felt about it for all 20+ years.
There were some hard times along the way, and more than a few times when I considered throwing in the towel. Sometimes, things got so hard that I genuinely contemplated whether or not I’d be better off going back to a regular job where the big decisions (and mounds of stress), could be handled by someone else.
But, like most people who are just born to be entrepreneurs, I just couldn't give up. So I kept pushing forward and learning from my mistakes, and guess what?! I still am! Because successful entrepreneurs never stop progressing.
However, over the years, I have reached success in multiple areas. I am the World's #1 Event Emcee, a Two-Comma Club member for online sales, and have created my own personal development brand.
So, I know from experience what the pros and cons of entrepreneurship are, which I am going to share with you after my first lesson as an entrepreneur.
4 Cons of Being an Entrepreneur
Let's start this list of pros and cons of being an entrepreneur with what isn't easy about being an entrepreneur. Then we'll end on a high note with the pros.
1. Long Hours
People often mistakenly think that entrepreneurship is about throwing out the 40-hour workweek in exchange for a freer lifestyle. They think the life of an entrepreneur is less about work and more about life. While that is the goal for the long run, the opposite is true for the short run.
2. Higher Stress Levels
Owning your own company comes with a lot of responsibility. And with more responsibility, comes more stress.
3. No Guaranteed Income
Financial instability is one of the main reasons many people don't dive head first into entrepreneurship in the first place. Not knowing what your next paycheck is going to be (or even if it’s coming at all) plays heavily into the high-stress levels we just discussed. And many people aren't capable or willing to give up a regular income for the great unknown.
4. It’s Likely Going to Take Longer Than You Think
One of the most frustrating parts of being an entrepreneur is everything taking longer than you expect.
5 Pros of Being an Entrepreneur
Now that you are aware of the scary and unappealing aspects of entrepreneurship, let's talk about the pros. Let me tell you, there are a lot of them! But let’s talk about 5 of the top ones.
1. Flexible Work Schedules
The first con I mentioned involved long hours, but there is a silver lining: flexible work schedules. Depending on your business model, you may likely be able to control when and how long you work.
2. Master of Your Own Destiny
When you are an entrepreneur, you can create what you want to create. You can form the life that you want to live.
3. Limitless Financial Growth Potential
Everybody starts off not knowing what the hell they are doing. Even if they think they know, they quickly realize they've only seen the tip of the iceberg. But there's something amazing that happens when you're determined to keep moving forward. You start to uncover the iceberg and more so, you learn how to conquer it.
4. The Tipping Point
At some point in your entrepreneurial career, you will reach a tipping point where all your hard work converges.
5. Life as an Entrepreneur is Sexy as Hell
When you combine all of the above pros of being an entrepreneur, you get one sexy life.
You get to control your schedule, master your own destiny, make as much money as you want to make, and (on top of all of that) everything gets easier at some point! It's as sexy as hell!
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The Pros and Cons of Being an Entrepreneur - Devon Brown
The Pros and Cons of Being an Entrepreneur - Devon Brown

[@MrMarkCaudill]

Hello,my name is Mark, I just joined your affiliate marketing program and this is the first RUclips video of yours I have watched.You have a great story, I want to earn a living here on line and look forward to learning from you. I am learning about building that list.

[@MikeStedman]

Hey there Devon! I was impressed with your work at FHL 2021. Great energy (particularly for such a long event). I could relate to losing your voice a bit towards the end but you handled it well. As a budding MC myself, I took a lot of notes as well. I'm exploring the potential of a full-time effort as an MC and wondered what you thought the current market ceiling is for this industry. From what I know, being an MC is definitely a 'time for money' occupation so I'm researching the earnings potential. What are your thoughts on the potential income for an MC? Thanks.