You’ve always pictured this right? You in a fancy suit, strolling into your dream office with your official title as the Oga CEO!
Oh, the allure of having your own business!
But before you dip your feet into the business world, let’s debunk some myths and replace them with the absolute facts.
- Myth 1 – You’d be rolling in cash in no time
So you think you’d start a business, snap your fingers and you’re already swimming in wealth or shaking your ass on a yacht?
I’m sorry to burst your bubble my friends, but unicorns don’t exist.
Jeff Bezos didn’t just snap his fingers and Amazon became big; he hustled hard, like really hard, and it took years.
- Truth 1 – You’d have to roll up your sleeves and burn that midnight candle
Success takes time, effort and a few sleepless nights (or maybe even months, or years).
Just ask Elon Musk, how he worked insane hours to make his companies like SpaceX and Tesla soar.
- Myth 2 – You are your own boss
If you think you will escape the office rules simply by not wearing a tie abi? You’d have to think again oo.
Even though Steve Jobs is a legend, you can bet he still listens to customers in order to make Apple products successful.
- Truth 2 – Rules Still Apply
If you want your business to soar, you can’t be snoozing your alarm clock until 11am.
You’ll still have to answer to your customers and suppliers. Take McDonald’s for instance. They’re up early flipping burgers to keep their business sizzling.
- Myth 3 – You need a business degree or experience
Sure, business schools will fill your head with fancy jargon and theories, but handling a real-life business? Nah, you won’t find that in a textbook.
- Truth 3 – You learn better by doing, not just by studying
You’d have to take risks and learn from your mistakes to be a good entrepreneur. Even Oprah Winfrey faced setbacks before becoming a media mogul.
- Myth 4 – Your idea must be original
Don’t throw in the towel just because someone else is already doing what you want to do.
Look at Netflix, they didn’t invent streaming but they’ve made it addictive.
- Truth 4 – Rebrand, Repurpose, Recycle
Put a fresh spin on an old favorite, and who knows, you might strike gold. Be creative.
Uber didn’t invent taxis, but they sure revolutionized how we catch them.
- Myth 5 – Only young people can start a business
Your business will not ask for your birth Certificate.
Colonel Sanders was 62 when he started KFC, now look at those finger-licking results.
- Truth 5 – Age is just a number (seriously)
It’s never too late to chase your dreams and start a business. Be determined.
Vera Wang began her iconic fashion brand in her forties. That should give you some inspo.
Gbe body e!
- Myth 6 – You need money to start a business
Contrary to belief, you don’t need a lot of money to start a business. Dangote, now one of the wealthiest entrepreneurs, also started his business journey small. Over time, with smart investments, dedication, and hard work, he built the Dangote Group.
- Truth 6 – Start small, think big
You don’t have to break the bank before you can start a business. Be creative and make use of the resources at hand.
Which of these myths gave you an ‘eureka‘ moment?
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