Get Summer 2014 Right First Time with tutor2u Exam Coaching & Revision Workshops
There are many potential drawbacks to being an entrepreneur.
The harsh truth is that setting up a new business is a lot worse than many people imagine. In the odd, exceptional case, the start-up process runs according to plan and smoothly. Other entrepreneurs pretend that things are going well, when the reality is very different.
Running a business means that an entrepreneur will:
- Face occasional loneliness and isolation. This is often the case for home-based start-ups.
- Be unable to blame others when things go wrong – the buck stops with the entrepreneur
- Probably be under financial pressure – earning little or sometimes nothing as the business tries to establish itself. Entrepreneurs often find themselves unable to draw income or profits out of the business for several years
- Have to work much harder than in a conventional job – average working of 70+ hours per week is common. This puts a great strain on family and social life
- Probably suffer from higher stress levels (albeit, the stress is of a different kind to that suffered by people who are employed by others)
- Have to rely on multi-tasking rather than call on an established network of specialists (available in a larger business)
- Usually have to work whilst sick, and not get sick pay.
- Experience a roller-coaster of emotions
Put simply, starting a new business is not for the faint-hearted!
blog comments powered by Disqus
Business Studies Revision / Exam Coaching Workshops Coming Up:
Thursday 24 April 2014 - Birmingham
Friday 25 April 2014 - London (Stratford City)
Monday 20 January 2014 - London (Stratford City)
Tuesday 21 January 2014 - London (Fulham Broadway)
Wednesday 22 January 2014 - Bristol (Cribbs Causeway)
Thursday 23 January 2014 - Birmingham (Star City)
Friday 24 January 2014 - Manchester (Salford Quays)
Tuesday 25 March 2014 - London (Stratford City)
Wednesday 26 March 2014 - London (Fulham Broadway)
Thursday 27 March 2014 - Bristol (Cribbs Causeway)
Friday 28 March 2014 - Birmingham (Star City)
Tuesday 1 April 2014 - Newcastle (Metro Centre)
Wednesday 2 April 2014 - Leeds (The Light)
Thursday 3 April 2014 - Manchester (Salford Quays)
Post-Easter (BUSS1/BUSS2 Combined & BUSS4)
Monday 28 April 2014 - London (Stratford City)
Tuesday 29 April 2014 - London (Fulham Broadway)
Wednesday 30 April 2014 - Bristol (Cribbs Causeway)
Thursday 1 May 2014 - Birmingham (Star City)
Friday 2 May 2014 - Manchester (Salford Quays)
Try some of these superb starter activities for Business Studies:
- Anagram Countdown
- Beat the Teacher
- Budget Basket
- Memory Challenge
- Loop Cards
- I'm the Question
- Catchphrase - Say What You See!
- Consider All Possibilities (C.A.P)
- Teacher Talkabout
- Perfect Recall
- Pass the Buck
- What would you have invented?
- These are a few of my favourite things
- Set Your Students the 15 Word Challenge
- Topic Tennis
- What Why Depends - Developing Thinking Skills
|Business Studies Blog||Economics Blog|
|Geography Blog||Politics Blog|
|Give It A Go! Blog||Sociology Blog|
|PowerPoint Lesson Activities||Teacher Conferences & CPD Courses|
|Exam Coaching & Revision Workshops||Pre-release Case Study Toolkits|
|A Level Economics Teaching Support||Resources for Business Studies|