Reality Check About Starting a Business

I recently read an article on the Jonathan Fields blog which REALLY stood out to me. I read so many great pieces of content online but this one practically jumped off the screen at me.

It was a guest post by a guy name Scott Gerber called The Cold, Hard Truth About Starting a Business. Here is a link to the article:
http://www.jonathanfields.com/blog/the-cold-hard-truth-about-starting-a-business

I recorded a video summary below with some of my own thoughts and opinions. For anyone even remotely interested in business, please have a look at the article and let me know what you thought:

If you are looking to get into business for yourself, check out some of my coaching offerings. I have helped many entrepreneurs get off to a quick start in their business.

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13 Responses to Reality Check About Starting a Business

  1. Chris Eh Young December 16, 2010 at 12:53 pm #

    I read the article the day it came out and made sure to spread it around. It really exposes a lot of the cold hard facts about starting up that most people don’t tell you about.

    As for the job vs. entrepreneur argument. I was in the corporate world working for the government and lost my job. I was forced to reinvent myself and get right back into the corporate world for security. There I was 13 years later facing the same fate. I had spent 13 years honing a skill in a trade that will soon be extinct. I am now in the reinvention cycle again, this time it’s all for me though. I will only go back to working for someone else if it’s absolutely necessary.

    I hope that day never comes.
    Twitter:

    • Justin Popovic December 16, 2010 at 10:03 pm #

      Good for you man. I know you are working hard on your business and the reinvention process can be both fun and scary at the same time. Hats off to you for going for it!

  2. Dan Lew @ Make Money Online December 16, 2010 at 9:34 pm #

    Hey Justin,

    Very true, having the experience you had in the corporate world helped you to get to that whole new level where you are now and your also right about people who start an online business for example they expect a quick fix that is why 99% fail because their expectations are too high!

    Have a great day!

    Dan
    Dan Lew @ Make Money Online recently posted..Aweber Review
    Twitter:

    • Justin Popovic December 16, 2010 at 10:04 pm #

      Hey Dan

      Thanks for the great comment. You are right. Most people want the quick fix but VERY few have what it takes to create long lasting entrepreneurial success.

  3. Fernando December 17, 2010 at 5:34 am #

    I think it has to do a lot with expectations as well. That’s a break point to me.
    That’s why I totally agree on the fact which Entrepreneurs should never stop. No matter what.
    Hope to see you around Justin 🙂
    Fernando recently posted..Hey Blogosphere- I Am Here!

    • Justin Popovic December 17, 2010 at 6:39 am #

      Good point Fernando. It is easy to except giant success too soon which makes people become impatient. You have to be in it for the long haul. Like you said, never stop no matter what.
      thanks for the comment

  4. Ken Pr December 20, 2010 at 2:50 pm #

    “feel like crawling into a corner and giving up” – boy that sounds familiar. I think that’s nailed most of my work days, actually…
    Ken Pr recently posted..Bloatware and Slow Performance

    • Justin Popovic December 20, 2010 at 2:56 pm #

      Thanks for being so candid Ken. I think many of us entrepreneurs can relate lol. It is all part of the battle.

  5. Tito Philips, Jnr. December 21, 2010 at 5:03 pm #

    Thanks so very much for sharing this post Popovic.
    I am so grateful because it was just so brutally true. Entrepreneurs must face the bitter truth that entrepreneurship is a tough choice not for the lazy bones.
    Tito Philips, Jnr. recently posted..The BEST Business Model Ever!
    Twitter:

    • Justin Popovic December 21, 2010 at 5:12 pm #

      Hey Tito,

      Thanks for chiming in and also for the Retweet! It is great to see visitors from Africa since I am all the way over in Canada, I believe we can all share our unique perspectives with one another and make great progress together. How long have you been an entrepreneur?

  6. Matthew Needham December 22, 2010 at 8:16 am #

    Hey Justin,

    Great video and a really interesting interview on Jonathan Fields site. Last night I was listening to Maren Kate from Escapingthe9to5.com interview with Scott, he’s done a lot of cool things and has a lot of really useful advice and insights.

    Matthew
    Matthew Needham recently posted..Wednesday Wisdom – 5 articles to grow your business

    • Justin Popovic December 22, 2010 at 9:20 am #

      Hey Matthew,
      Good to see you again 🙂 Yeah I have become a fan of Scott. He has great energy. Thanks for letting me know about the interview with Maren. I will be checking it out for sure.

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