Is Entrepreneurship a good Career option?

Team LifePage
Created by Team LifePage (User Generated Content*)User Generated Content is not posted by anyone affiliated with, or on behalf of,
On Aug 8, 2019
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Is Entrepreneurship a good Career option?

There are many nuances of a Career in Entrepreneurship. Almost everyone seems to be talking about How to start a Career in Entrepreneurship, while I want to first develop an understanding of What is a Career in Entrepreneurship. It had been a while since I was researching about a Career in Entrepreneurship, when I came across: 

Monika Chaudhary's outlook!
Monika Chaudhary has 5 years & 10 months of professional experience in Entrepreneurship. Monika Chaudhary has worked in Entrepreneurship as Founder in Seven Ventures. In Monika Chaudhary's own words, this is how Monika Chaudhary got into Entrepreneurship: "After working in corporate sector for 10 years, I got an idea to start something of my own and started creating ethnic wear for kids. Clothes are sold out through various major e-commerce platforms and through my own website, it has been 5 years now when I started the company." Monika Chaudhary has a profile in Resume 2.0 format on: 

Career Video on Entrepreneurship
In a video, Monika Chaudhary has talked about various aspects of a Career in Entrepreneurship. Monika Chaudhary started by explaining Entrepreneurship as: "The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. The most obvious example of entrepreneurship is the starting of new businesses." I watched the full video and I absolutely loved it.

I found the video unique because it talked about Education in terms of things which can be learnt from books, to excel at a Career in Entrepreneurship and not as a list of Qualifications, which one needs to get into Entrepreneurship. Monika Chaudhary touches upon these in the Education section of the Video:

  • Product Knowledge
  • General Administration
  • Business Administration
  • Knowledge of Accounts
  • Human Resources

Anyone aspiring for this Career needs to understand that Skill development is crucial for success.
Monika Chaudhary then explains why these Skills are essential for a Career in Entrepreneurship:

  • Sales Skill
  • Communication
  • People Management Skills
  • Basic Computer Skills
  • Marketing Skills
  • Leadership

Positives of any Career motivate one to work hard for the same.
Monika Chaudhary believes that the following are some of the Positives of a Career in Entrepreneurship:

  • Be your own boss
  • Growth Pace
  • Immense Learning
  • Self Satisfaction
  • Generating Employment

It is important that one develops a fair understanding of the Challenges of this Career.
And, Monika Chaudhary believes that one needs to prepare for following Challenges of a Career in Entrepreneurship:

  • Competition
  • Changing Regulations
  • Resource Management
  • Time Management
  • Data Privacy & Security

In the final section of the video Monika Chaudhary talks about How a day goes in a Career in Entrepreneurship. This video is by far the best video on a Career in Entrepreneurship, that I have ever come across. To see the full Talk, one needs to install the LifePage Career Talks App. Here is a direct deep link of the Video: 

Similar Career Talks on LifePage
I continued with my research on LifePage and thoroughly studied these links to gain more perspective:

























Career Counseling 2.0
Having gained so much from a professional perspective on a Career in Entrepreneurship, I wanted to learn about other Careers on LifePage. LifePage has made a science of Career Counseling. Its awareness focussed approach is much more practical and action-oriented rather than absolutely any other Career platform. I suggest you learn more about them on: 

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