We’ve all heard from entrepreneurs that starting their own business is one of the most satisfying experiences they’ve ever had. An experience that motivates you in a ways that working for a company doesn’t. They talk about the indescribable feeling when you have your first success. They also tell you that your work becomes your life, but not in the same way as when they were pulling 80 hour weeks in banking or consulting, or whatever other job they had before. As an entrepreneur they “working” 24/7 but have the gratifying trade-off of being able to pick up their kids from school, or wake up a little later (or a little earlier), or to go out for a long run in the middle of a long, stressful day to clear their head.
About 50% of SMEs fail within five years, and only 34% survive their first ten.
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