Over the years, I’ve heard my fair share of ridiculous one-liners from aspiring entrepreneurs. These people may read a news story about a startup that raised a monster round of funding or about a founder who sold his company for billions and conclude that entrepreneurship is all fun and games.
There are signs that someone is not cut out for entrepreneurship and here are five examples of phrases that give it away.
I want to be an entrepreneur.
When someone tells me they want to be an entrepreneur, I know they don’t stand a chance. There is no such thing as wanting to be an entrepreneur. Either you are or you are not.
You cannot acquire the ability to be an entrepreneur. You may pick up some skills along the way and you may seek advice or suggestions from others, but if you’re an entrepreneur, you feel it in your veins and you can’t stop building things.
If you build it, they will come.
This prayer is a great hobby of mine. If you build it, no one will come. If you build it and do marketing, there is a chance that people will come. If not, no one comes.
When I hear someone say this naïve and simplistic phrase, it’s clear to me that they don’t understand what it takes to build a successful business.
I’m going to be the next big thing.
Listen, you can have the best idea in the world, combined with the best technology, the best team, and the best investors, and still fail. Saying you’re going to be the next Google or Facebook when all you have is an idea is a huge red flag that you’re not cut out for the journey you’re about to embark on.
You’ll never hear a second or third time founder utter these words because they know firsthand how many moving parts there are in the process of building a tech company.
make me viral
Do people keep saying this? Yes, yes they are. There are a total of zero people on earth who can make something go viral. If that’s your strategy, then you really have no idea how marketing works and how many different variables there are in the process of bringing a product to market.
When I hear these words, all I hear is “I’m looking for shortcuts and I don’t want to put in the work.”
If that is your attitude, then you have no business in entrepreneurship. There are no shortcuts and you just have to put in the work.
I have no competitors.
It never ceases to amaze me that people think they’re the only ones thinking about how to solve the problem they’re trying to solve.
If you think you have no competition, there are really only three options. Either you didn’t do enough research and don’t know your competitors, or you’re kidding yourself. The last option is that you are right and you have no competition, which means that there is really no demand for what you are building, in which case, perhaps you should not waste time and money on something that nobody wants.
Being an entrepreneur is not a goal, it is a means, a vehicle to solve a pain point. Anyone who has walked the path of entrepreneurship will tell you that it is not all fun and games and that it requires more dedication than any other profession. If you don’t have that level of dedication, maybe consider another line of work.