13 Painfully True Things You'll NEVER Read in a Business Magazine
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The document discusses 13 truths about entrepreneurship and business that are often omitted from business magazines and articles. Some of the key points discussed include: failure is often necessary but fatal for many; luck plays a nearly as important role as hard work in success; being born into wealth or in certain places gives a huge advantage; not everyone is cut out to be an entrepreneur; and exploiting others and the environment is sometimes the only way to advance for some businesses. The document aims to provide a more realistic perspective on entrepreneurship than typically presented in optimistic business media.
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13 Painfully True Things You'll NEVER Read in a Business Magazine
- 1. 13 Painfully True Things You’ll Never Read in a Business Magazine
- 2. Business magazines and entrepreneurship articles sell an idea.
- 3. But plenty of truths are incompatible with what we want you to believe.
- 4. Let’s explore a few of the more common problems with most business articles today.
- 5. 13.) Failure is necessary. But for many, it is fatal.
- 6. For many who want to make the leap, failure would mean living in the streets, losing medical insurance, not being able to support our families, strained relationships
- 7. Many don’t make it and not necessarily because they were worse at anything than you were.
- 8. 12.) Self-awareness can be crippling.
- 9. You have to be blind enough to keep doing what you have to when support wears thin and the odds are stacked against you.
- 10. But the blind miss a lot of things.
- 11. 11.) Luck is almost as important as hard work.
- 12. • What if Steve Jobs never met The Woz? • What if Yahoo! did end up buying Google in 1998? • What if the Beatles never met Brian Epstein?
- 13. 10.) Being born rich–or in the right place — gets you most of the way there.
- 14. Would Bill Gates or Donald Trump have had the same impact were they born in Mongolia or Tahiti?
- 15. 9.) We can’t all follow our dreams.
- 16. There will always need to be those whose job it is to support those who do. And while market valuation of these jobs might differ, they are all important.
- 17. 8.) Most people are ‘ungrateful’.
- 18. One fad in business think-pieces is to “encourage entrepreneurship in employees”.
- 19. But employees are employees — not quite partners.
- 20. 7.) Evil wins.
- 21. No, the good guys don’t always win. No, bad people don’t always get punished.
- 22. 6.) We’re rarely the good guys.
- 23. Have you bought something that wasn’t ethically produced? Or thought of a way to reduce benefits for your employees in the name of “economic necessity”?
- 24. 5.) Exploiting others and the environment is often the only way to advance.
- 25. 4.) You can’t exactly copy other people’s success.
- 26. 3.) Higher learning is often nothing but a social club.
- 27. What is often more important than academics for entrepreneurship is social success.
- 28. 2.) For many, these articles help maintain a fantasy.
- 29. Try to limit your attachment to whatever some writer said, and focus on doing things.
- 30. 1.) Not everyone is cut out to be an entrepreneur.
- 31. Entreps come in all shapes, ages and sizes. But, and this is one huge but, you might not be ready…
- 32. …yet.
- 34. For the full article, click here.