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Business and entrepreneurs

Our unhealthy obsession with entrepreneurship

By Administrator | 18 July 2018

Melissa Browne - Brisbane Times - 16 July 2018

There seems to be an obsession today with entrepreneurship. I was told the story recently of a 20-something who had quit her job to become an entrepreneur and wanted to know what she should do to start. She didn’t have an idea yet as to what she wanted to do, she simply wanted to be an entrepreneur.

When it comes to money and finances, a side hustle or business can be a great way to add income so you earn more than you could in your 9-5 job. However, too many people see it as a path to riches and fame and don’t think about the hard work and failure or the fact that many business owners are only ever buying themselves a job that pays less than if they were working for someone else. And one that doesn’t pay holidays, superannuation or other benefits.

I believe there are more 'wantrepreneurs' than entrepreneurs. That is, people who want to run a great, successful business but either aren’t prepared to do what it takes, have chosen an idea that is a great hobby but won’t translate to business, are too early, too late or simply don’t have the gumption required. And it’s robbing people of their financial futures. Read more

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