The life of a successful
entrepreneur as you see looks ravishingly fabulous with those big bungalows and
cars, many high profile connection along with
big industries operating in even
bigger markets. But even after these when a youngster reveals his or her
parents about her dreams of being an Entrepreneur, the very possible reply
would be, “Why do you need to be an entrepreneur? You can have a 9 to 5 job with great perks working just five days a
week.” And when you do not move on and
put in more emphasis on that point, then in most of the cases chances are the
you will get a straight “NO!” for an answer. But it’s not always easy to
explain to Mom and Dad why, instead of getting a “real job,” you’re putting
everything on the line to create a new technology startup. It can be done,
though, and these youthful startup veterans explain how:
Explain your idea
on their terms:- “You have to instill confidence in them,
not only that your idea is a good one, but also that you are capable of
actually creating it, and convincing people to use it. Selling it to them on
their own terms is key.”
Be completely
honest:-
“Make sure you
have a strong enough relationship that this will not put on undue pressure. You
must have ultimate trust between each other and talk through all the risks. Make
sure they understand there’s a chance the investment won’t pan out. Lastly,
make sure losing the money won’t impact their livelihoods or retirement.”
See their
perspective:- “Understand and respect where they are
coming from. Use their values, and talk from their perspective, without losing
your ground on your decision.”
Convince them of your passion:- “Even though I had spent five years at
school to obtain my degrees, and my parents had sacrificed financially to make
that happen, they knew that life is about the journey. They saw the passion I
had for becoming an entrepreneur and wanted to support me in any way possible.”
Don’t Gloss over your potential problems:-“They know you very well, so you have to
be honest about your shortcomings, where you might go wrong or potential
problems in the business. My dad appreciated that, because someone who doesn’t
have a good grasp of his shortcomings can never address them, and thus won’t
realize when he is about to fail.”
But deep inside if you
truly aspire to be an entrepreneur than waiting for permission won’t do, you
have to tighten up the belts, lace up your shoes and get ready for the run.
If you have
a passion and want to build it into a business, Evita
Turquoise Robinson, founder of the Nomadness Travel Tribes has a few
tips for you:-
Just Do It:-
Break out of analysis paralysis.
Nothing starts in perfection—it does no matter who you are or how much money
you have. At some point you have to jump, and build the parachute on your way
down.
Learn as much as you can:-
Robins said when she launched the business she was “a
little bit of a lone wolf where I tried to learn everything. I never wanted to
create a business where if one person leaves, they can derail the entire
system, so I try to learn as much as I can. You should know how to do as much
as possible.”
Ask For Help:-
“You feel like you can be on an
island, but learn to open up and ask for, once you see as your idea has
promise, put the proper people in place. I picked my team from my members, so I
did not have to sell people on the idea, they were as passionate about it as I
am. I know they will get the job done.”
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