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Understand The Gap in Entrepreneurship No One Wants to Publicize

Wandering Aimfully Through Creative Business

Understand The Gap in Entrepreneurship No One Wants to Publicize

Your level of success should be measured by your own values, not against Elon Muskā€™s plans to terraform another effin' planet.
Jason ZookJason Zook Jason ZookJason Zook

Written by

Jason Zook

Entrepreneurs are often glorified for their one big project that sells to a large company for an absurd amount of money. But for the vast majority of entrepreneurs, this is not actually the case. In factā€”if I had to guessā€”Iā€™d bet this isā€™t the case for 99.8% of entrepreneurs.

How many Mark Zuckerbergs are there? How many Elon Musks? How many Steve Jobs? Richard Bransons? Jeff Bezos? Bills Gates? Melissa Mayers? Mark Cubans? Iā€™m running out of big names that immediately come to mind. Why? Not because I canā€™t think of them, but because there really arenā€™t THAT many when you compare the number Ć¼ber successful ones to the amount of moderately (or un-) successful entrepreneurs.

You might be thinking Iā€™m wrong, but visit any major media outletā€”especially tech-oriented outlets. Youā€™ll find itā€™s a small cast and crew that adorns the front covers and main spreads.

One of the biggest problems with entrepreneurship is the over-glorification of successful entrepreneurs.

This over-glorification creates an unrealistic environment and skewed perceptions of success. Do I think every entrepreneur should aspire to be as successful as Mark Zuckerberg? Absolutely! But the likelihood of that actually happening? Your chances are probably better winning the lottery.


Why are the odds of entrepreneurial success so low?

Itā€™s not surprising that 50-75% of entrepreneurs and small business owners fail within their first year. The bar of success is set incredibly high. Instead of focusing on building the best business they can, they chase the dream of Series A funding, big buyouts, and viral success. The mainstream discussion of entrepreneurship has peopleā€™s heads in the clouds when their heads should be down, focused on honing their craft or creating amazing experiences for their customers.

Media outlets talk about two types of entrepreneurs.

  1. The budding darling who has big hopes and dreams (which is okay, but rarely do we hear about them ever again).
  1. The Elon Musks and Mark Zuckerbergs of the world.

But whereā€™s the entire middle gap of entrepreneurship?

Where are the people who are forging their own way, but arenā€™t famous?

Whereā€™s the article about the mom and pop granola company in Michigan that started in a quaint kitchen and is getting national distribution?

What about the all-natural, all-organic, popsicle company out of Florida thatā€™s quietly carving out a niche?

Hereā€™s the problem with the middle gap of entrepreneurship and why media outlets will never talk about majority of us that sit in that gap: Itā€™s not sexy. It doesnā€™t draw headlines. It doesnā€™t help advertisers make money with click-bait headlines.

So whatā€™s the point here? I probably havenā€™t told you anything you donā€™t already know or havenā€™t thought about.

The point is that THE REST OF US (the middle gap in entrepreneurship) need to stop reading the headlines and aspiring to be the next somebody. Entrepreneurs and small business owners need to stay laser-focused on their businesses. Not just on zeroes in a bank account, but the actual experience a customer receives. The quality of the product being sold. The bending-over-backwards level of support.

Everyone wants a marketing strategy or out-of-the-box advertising idea. Those things are fleeting and about as rare as finding the next Steve Jobs.

What isnā€™t rare or fleeting is the power of word-of-mouth marketing and building a business people want to talk about.

No social network, media outlet, tool, tip, trick, or tactic, will ever beat the power of one friend telling two friends, who then tell two more friends.

As entrepreneurs, we also need to stop cringing when someone calls us an entrepreneur. That word just means a business owner who takes risks. Thatā€™s who we are. We need to embrace that.

Entrepreneurs arenā€™t just super successful folks in Silicon Valley or people whoā€™ve failed at trying to start a company.

Weā€™re mostly the giant gap in between those things and we should relish the opportunities that we create for ourselves.

Stop chasing the entrepreneurial dream and start realizing you can carve out your own path. Your level of success should be measured by your own values, not against Elon Muskā€™s plans to terraform another effin’ planet.

Understand The Gap in Entrepreneurship No One Wants to Publicize

(Big Fat Takeaway)

One of the biggest problems with entrepreneurship is the over-glorification of successful entrepreneurs.

IT IT

This article written by

Jason Zook

I'm all about that Cinnamon Roll life (that just seemed like a "cool" way to say I love baking and eating cinnamon rolls). Also, I co-run this WAIM thing as well as Teachery. Currently, 75ish% completion of Tears of the Kingdom šŸ§ā€ā™€ļøāš”ļø.

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