Benefits and disadvantages of entrepreneurship

Bytes
I saw that someone posted the translation of Marc Andreessen's intention to start a business.

Those unfamiliar with Internet history may not know Marc
Andreessen. He is the creator of Netscape, the first widely used browser in human history. I thought that when I first went online, most people used Netscape,
IE does not know where it is.

Marc mentioned the five benefits of entrepreneurship in this article. I agree with them.

(1) fundamentally, You can grasp your own destiny-
You can achieve success or failure through your own efforts. You don't have to listen to dummies to tell you what to do. This is enough for some people to start their own business.

(2) opportunities for creating new things-like white paper. You have the ability-
In fact, there is an obligation-
To come up with a product that does not exist yet and turn it into reality, without worrying about the various restrictions that large companies usually face.

(3) opportunities to bring some impact to the world-
Give people a new way to communicate, a new way to share information, a new way to work together, or something else you can think of to change the world.

(4) Create your ideal corporate culture and work with your own fantastic team.

(5) there is also the final, money-a good startup company can certainly make a lot of money.

Then Marc talked about the eight disadvantages of entrepreneurship. I felt that he was too trivial:

(1) starting a startup company will make your mood feel like a roller coaster. One day you may believe that you will have the world, and two days later, you may feel that the end of the world is at your fingertips, and you will die. This kind of ups and downs will be repeated.

(2) Nothing works correctly unless you start your business.

(3) You will hear no many times every day.

(4) Hiring employees is always the biggest headache.

(5) When your company succeeds to a certain extent, you will need to hire an executive director.

(6) schedule. Entrepreneurship is a very stressful experience and needs to be extracted from participants. Even if you can maintain a balance between work and life for your employees, you will never be able to get this as the creator.

(7) Start-up companies' culture is easy to embark on a poor path.

(8) along the way, you may encounter many uncertain factors that make you unable to eat, and you cannot do anything about them.

I don't know why Marc didn't mention the biggest disadvantage of entrepreneurship, that is, you will almost inevitably fail. It seems that there is a statistical analysis that only 10000 startups will survive in five years. In five years, there will be only one. This is the biggest disadvantage of entrepreneurship.