We see that word a lot, especially in the business world. Entrepreneurship is an idea that is often tied to the concept of the American dream. An individual chooses to put their head down and work hard to open a business and are now reaping the benefits of investing their time, money, and energy.
For those of us who have a job in the traditional sense working for a company that we do not own, the idea of becoming an entrepreneur can be both exciting and intimidating. Not everyone is built to start a business and pour their soul into helping it grow and become their main source of income. So what does it really look like to be an entrepreneur in 2022?
Betting on yourself
Anyone who has started a business themselves will tell you that the key to success is believing in yourself, as cliche as that may sound. With all of the responsibility of the business falling on your shoulders, there is a lot of weight that you have to carry. Figuring out the product or service itself, marketing the brand online or through your network, and handling the logistics of owning a business are just some of the tasks that will fall on you. Depending on what industry you are in, you may need to take the time to be certified, especially for some trades where a license is required. Getting through “impostor syndrome,” or the belief that you do not have what it takes to achieve your goals, will be key to creating long-term success, but this is only possible if you truly believe in your abilities and your business.
Assuming all of the risk
The scariest part of being an entrepreneur is the inherent uncertainty. Will your business be successful? How long before you start to turn a profit? Will this business be able to support your livelihood both in the short term and in the long? These are questions that you will undoubtedly face as a business owner, especially early on. All of the risk associated with owning a business is yours. The best way to manage this risk is to seek assistance in the areas that you feel uncomfortable in. Don’t understand how to keep track of clients and invoices? Research the best software to help you. Having trouble with taxes? Hire a tax professional to work through the details with you. There will likely be aspects of owning a business that you will not even know exist, so be sure to do your research.
When starting out as an entrepreneur, embracing a mindset of continuous learning and adaptability is crucial. Stay curious and be open to new ideas and perspectives. Surround yourself with a supportive network of fellow entrepreneurs and mentors who can provide guidance and share their experiences. Additionally, seek opportunities to enhance your entrepreneurial skills through workshops, courses, and networking events. Explore more helpful tips and discover the ways to be an entrepreneur that can set you on the path to success.
Reaping all of the benefits
While there is significant risk associated with entrepreneurship, there is also the possibility of success. In the event of success with your business, you will reap all of the benefits of your growth. Whether that means achieving financial independence, or simply living out a purpose and feeling fulfilled, you receive the full reward as the owner of that business. This is what most entrepreneurs keep their focus on and what gets them through the long hours and extreme investment of their assets. They look forward to the day when they reach their financial or personal goals, which makes the whole journey worth it.
The freedom of choice
This factor is especially evident with the wave of new businesses that have started since the beginning of the global pandemic. A huge number of workers have filed applications for new businesses in the last few years, with over 551,000 applications in July of 2020, a huge jump from similar time periods in years past. That trend has continued into 2022, with many workers leaving their regular jobs in order to pursue entrepreneurship. One of the main draws is the freedom of choice. You can choose what type of business to run, what product or service you will sell, what your company culture will be, where to allocate resources, and even what hours to work. People may have left previous positions for any number of reasons such as low pay, feeling undervalued, poor management, long hours, or simply burnout. By starting a new business, an entrepreneur has the freedom to customize the role to suit themselves. Even if there are long hours, the feeling of self-determined fulfillment can override the difficulty of running the business.
Entrepreneurship should not be taken lightly
As stated before, becoming an entrepreneur is not for everyone. Even if you come up with a great idea for a product or service, you may not have the capacity or the drive to turn it into a thriving business. It is important to spend time in reflection and doing research before taking the leap to make sure that you understand what you are getting into and what it will take to be successful. Lay out your goals, come up with a plan, seek outside advice from people who know you and professionals in the field you are interested in, and then make a decision. If you choose to go for it, then be ready to defeat that impostor syndrome.
Fitness Dating Brand, FITFCK, Expand Into Influencer Management
Fitness dating brand, FITFCK, recently announced the launch of their management company “FITFCK MGMT”. The company, which recently announced the launch of its £5m A Round investment raise is looking to expand on their brand growth by offering content creators of all niches and brands a full 360 lifestyle management service.
Rebranded in March 2022, the recently featured BBC News company has emerged as the leading brand for gym goers that are looking to make new connections – whether through IRL fitness dating events or online dating experiences. To accompany its strong digital product suite, FITFCK is now developing a series of consumer products to further enhance their brand power, with the most recent being a holistic management company for content creators and brands.
FITFCK Founder and UK Government Enterprise Advisor, Jamie says: “Having worked closely with content creators for the last eighteen months since our relaunch, this addition made nothing but complete sense to me. As a management service, you should be looking at improving all angles of your clients life – not just quick brand deals for a few quid. We are looking to offer a 360 lifestyle approach where we assist our clients with everything from their income, branding, business advisory, PR, legalities and more – all under the FITFCK brand umbrella.”
To continue its ruthless chase of becoming the largest omni-channel community for dating, relationships, casual meets and friendships, FITFCK will be looking to embed the management service into members of their ever growing community which already includes a number of high profile content creators.
The first creator to be signed under the label is Santino Valentino, a fitness content creator boasting over 70,000 followers across platforms. Valentino states; “I have known Jamie for a few months now and have felt nothing but constant support from himself and the rest of the FITFCK team. Having seen where they have taken the brand in such a short space of time, I am hoping they can do the same for me. I am really looking forward to seeing where we can take this whilst learning under Jamie and Callum simultaneously”
FITFCK MGMT athlete manager Callum Roberts added: “At the core of every FITFCK movement is the care we have for our community. This ethos is something that we will be looking to reflect in the management company. Hyper-focused care for our clients where they know they feel valued and at ease with us. We are not looking to just improve our client’s income, we are looking to improve their lifestyle”
If you are looking to work with FITFCK MGMT, you can contact the team at firstname.lastname@example.org for more information.
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