Pros and Cons of Entrepreneurship

FINANCIAL LITERACY FOR GEN ZLANGUAGE OF MONEYPERSONAL FINANCE FOR GEN ZENTREPRENEURSHIP 101INTRODUCTION TO ENTREPRENEURSHIPBENEFITS OF ENTREPRENEURSHIPDRAWBACKS OF ENTREPRENEURSHIP

9/21/20231 min read

Entrepreneurship 101 > Pros and Cons of Entrepreneurship

Pros of Entrepreneurship

Don't let social media fool you. There is more to entrepreneurship than fast cars, nice clothes and exotic places.

The truth is, entrepreneurship is also blood, sweat and tears.

There are many great things about being an entrepreneur, but there are also several drawbacks to the journey.

Pros of Entrepreneurship

Among the pros of being an entrepreneur are that:

  • It is Flexible

  • Provides Freedom of Time

  • It can be Exciting

  • Allows you the potential to be paid what you're worth

Cons of Entrepreneurship

On the other side of the coin, being an entrepreneur can be extremely stressful. Some of the drawbacks of entrepreneurship are that:

  • There is the risk of failure

  • The hours tend to be longer

  • There are no days off, especially when starting off

  • It's all on you. The good, the bad, and the ugly.