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Are really ready to be an entrepreneur to build a successful business?

This article and other resources link will help you discover whether you want to be an entrepreneur and help you decide whether you are ready to start and build a successful digital business.


Over the past 28 years, I have been fortunate to be part of building technology products and solutions and starting up businesses for myself and the companies I worked with. I will try to relate the context with my entrepreneurial journey story and other entrepreneurs, coupled with the questions and decision-making steps to guide your path to discover whether you have the entrepreneurial mindset and are ready to launch yourself as an entrepreneur.

How to know if you are really ready to be an entrepreneur

Why do you want to be an entrepreneur?
Is it because you want to make lots of money?
Or do you want to follow the trend?
Or do you want to prove someone wrong?
Or do you dislike your current job?

Instead of getting carried away by your personal, professional or social circumstances, think deep and long about why you want to be an entrepreneur. It should only be because you genuinely want to be that. Because you know no other way to be. Only then will you be able to be successful in your endeavor. Only then you must take the plunge. Entrepreneurship has to come naturally to you.

Below are my 5 reasons as to WHY I wanted to be an entrepreneur all along. It may help you decipher and decide your reasons:

Let’s start from the beginning.

Why do you want to be an entrepreneur? Is it because you want to make lots of money? Or do you want to follow the trend? Or do you want to prove someone wrong? Or do you dislike your current job? Instead of getting carried away by your personal, professional or social circumstances, think deep and long about why you want to be an entrepreneur. It should only be because you genuinely want to be that. Because you know no other way to be. Only then will you be able to be successful in your endeavor. Only then you must take the plunge. Entrepreneurship has to come naturally to you.

Below are my 5 reasons as to WHY I wanted to be an entrepreneur all along. It may help you decipher and decide your reasons:

First: I was always dealing with technology at the forefront, and in the background, I was keenly following the substantial influence of the media in shaping the world. I could see the advent of technology-driven media convergence. I was certain there would be ample opportunities to explore and become a chief player in the converged media domain.

Second: With the easy availability of smartphones, high-speed internet, and seamless connectivity solutions, the new media paradigm was emerging rapidly. While existing players were busy maximising their profit and fulfilling their commitments to investors and other stakeholders, I thought of becoming a challenger to capture the emerging opportunity.

Third: For over 18 years, I built technologies, launched businesses, and successfully executed mega marketing plans. Those learnings, expertise, and experiences helped me fly out of the comforting nest, create more, achieve more, and offer more. I was convinced that there could not be anything other than taking the plunge to capture this opportunity.

Fourth:Becoming successful at anything requires an understanding of market realities, knowing well the kind of risk you are going to face, and having a network of people who can connect your opportunity to the market. I was ready with all these three factors favourably tuned up at my side.

Fifth: Most of my past endeavours made me garner significant outcomes starting from scratch and building things up, bit by bit. I wanted to challenge the usual – be a disruptor, create mystery, and be part of creating history rather than follow the norm.

I hope by now you have got the idea. Instead of allowing your emotions to supersede your decision of becoming an entrepreneur, it is better to first solidify your reason as to WHY you want to start your own business.

Second: With the easy availability of smartphones, high-speed internet, and seamless connectivity solutions, the new media paradigm was emerging rapidly. While existing players were busy maximising their profit and fulfilling their commitments to investors and other stakeholders, I thought of becoming a challenger to capture the emerging opportunity.

Third: For over 18 years, I built technologies, launched businesses, and successfully executed mega marketing plans. Those learnings, expertise, and experiences helped me fly out of the comforting nest, create more, achieve more, and offer more. I was convinced that there could not be anything other than taking the plunge to capture this opportunity.

Fourth:Becoming successful at anything requires an understanding of market realities, knowing well the kind of risk you are going to face, and having a network of people who can connect your opportunity to the market. I was ready with all these three factors favourably tuned up at my side.

Fifth: Most of my past endeavours made me garner significant outcomes starting from scratch and building things up, bit by bit. I wanted to challenge the usual – be a disruptor, create mystery, and be part of creating history rather than follow the norm.

I hope by now you have got the idea. Instead of allowing your emotions to supersede your decision of becoming an entrepreneur, it is better to first solidify your reason as to WHY you want to start your own business.

I invite you to engage in an introspective exercise, deciphering your five WHYs (and WHATs) to find the real reasons as to why you want to be an entrepreneur:

Now, it is your turn. Do you want to discuss what you are thinking? Do you want me to help you guide your path towards making the decision? You can book a free 30 minute session with me. Click here.

1 Comment

  1. Jigna Pipalia

    Yes I want to be leader in my industry. I want to be enterpreneour more than today I m.