Which is easier, becoming an entrepreneur or an employee?

When I became a Vice President at Morgan Stanley someone came up to congratulate me and tell me I’d survived and thrived in the world’s most ruthless environment, and I could survive anything.
Little did I know that a few years later I would embark on a journey which would prove to be in a different league of difficulty. Entrepreneurship.

Running a fast-growing or failing business makes becoming a Morgan Stanley Vice President look blissfully easy. And this is why the vast majority of entrepreneurs fail.

You have to deal with your core business, the cash to keep going, accounts which you may or may not understand, branding, tech, customer service, hiring the right team, staff trying to cheat your systems, creating a great team atmosphere, investors, a monster with 50 times your funding entering your space, loneliness, you have to solve each problem that is unique to your situation so you can’t Google the answer, and you have to deal with your dreams looking like they’ll be shattered almost every few weeks.

I run startups with incredibly talented people who have done nothing but achieve all their lives. I’ve had some of them cry in front of me as they feel they just can’t do it. Entrepreneurship is just too hard for them, but they soldier on, some don’t.

Post Credit:  Asim Qureshi, CEO LaunchPad