How Entrepreneurship is Not a Rich Quick Scheme

The entrepreneurial world is full of the delusion of the ‘quick success’ scheme, and many would-be entrepreneurs and investors are addicted to the ‘rich quick’ delusion. This creates behavioral problems and disappointed expectations.

Of course there are famous and visible examples of start-ups that have had stellar trajectories, but they represent less than a fraction of a percent of all the entrepreneurial initiatives.

In reality, entrepreneurship is tough hard work, week and week-ends, to build something new. It will take years to build something strong enough to be worth being re-sold. All of this in an uncertain context where it is not sure the organisation will still be around in a few months time.

And on the investor side, there is no guarantee that a start-up investment portfolio will be a rich quick scheme either. There will be more disappointments than successes, and disappointments will also happen earlier, with sometimes disastrous psychological consequences.

Entrepreneurship is not a rich quick scheme. It is another way to look at work with an objective to change the world. And in most cases, it will end in disappointment.