Overview

This essay sheds light on the dark side of entrepreneurship and elucidates how to avoid losing money as an entrepreneur when growing brands. Moreover, how to alleviate depression as an entrepreneur is delineated in this essay. Furthermore, how to earn substantial money online so that you can afford to finance your overarching goals without ever having to work for an employer is expounded upon in this essay The dark side of entrepreneurship is often an overlooked topic since rare entrepreneurial success stories that grossly embellish the life of an entrepreneur outshine the dark side of entrepreneurship. In spite of its merits, entrepreneurial endeavors have a proclivity to go awry and culminate in egregious failures for most prospective entrepreneurs. At least 70% of business fail within a company's initial ten year period and most businesses cannot stay afloat in the long haul in spite of all the goodwill, brand equity, brand loyalty, and brand recognition they accrued over the years. The crux of the issue lies in prospective entrepreneurs not having the business acumen to be able to consistently grow their business nor efficaciously run a successful business in the long haul. They simply do not understand that a successful business is all about unalloyed innovation, shrewd marketing, and robust communication with customers. Building a successfully brand as an entrepreneur is an eminently challenging endeavor with no paved road to guaranteed success and does not always culminate in a successful outcome in spite of the entrepreneur's best strategic efforts. Establishing a profitable brand may require tens of thousands of hours of strategically and unremittingly working hard seven days a week for decades as you attempt to deliver unprecedented value to the overly saturated marketplace. Since the job prospects as a future employee are so grim and bleak for college graduates, it seems as though the only viable career prospect in a hyper competitive marketplace is being a full-time entrepreneur. Allocating thousands of hours applying for low paying jobs is an unwarranted endeavor that is preordained to yield a negative return on time investment. This is because, the search for a job simply bears an enormous opportunity cost. The precious time squandered on completing meaningless job applications could have otherwise been earmarked towards fostering a potentially profitable brand that has no earnings cap. For instance, it was reported that Ryan, a-then 7-year old content creator, earned over $11,000,000 from his YouTube channel (O'Kane, 2018) about toys. He is in fact so successful at creating a lucrative brand around his passion that he has earned more revenue in one month at the tender age of 7 than the average adult will ever earn working multiple jobs throughout the entirely of their lifetime. When children begin to work from a young age on developing brands around their passions and interests, the outcomes can render them poised for unprecedented success as adults, especially if they already have amassed ample work experience and already built lucrative brands during their childhood years which they can further grow amid their adulthood years. Individuals who are successful in the real world as children will likely attain profound financial success as adults Attention is undoubtedly the new currency of the digital era. Millennials emphatically understand the importance of entrepreneurship and brand building to attain wealth from selling product placements, earning royalties, and generating advisement revenue. Moreover, millennial content creators also understand the importance of brand build so that they eventually receive subscription revenue, generate sponsorship revenue, and reap monthly Patreon donations from patrons. In spite of its merits, entrepreneurship. In spite of its merits, entrepreneurship is not without its plethora of dire issues. The dark side of entrepreneurship can be multifaceted.

Full Product Details

9798623758736

Table of Contents

Reviews

Author Information

Tab Content 6

Customer Reviews

Recent Reviews

Countries Available