Side Effects of Entrepreneurship

Right at this moment being somewhere in the midway of launching my dream venture Startup , I would like to confess that the Startup Entrepreneurial Journey has not been an easy cake walk or comfortable one. At almost every second moment there would be an urge to stop this craziness about building something from scratch entirely yourself (Putting both Time & Money) and that to not having any prior experience in entrepreneurship at all. Every day I would spend around 16 to 18 hours in my temporary corporate Head office (A small study room converted to office attached to my apartment) and build the framework for my future goals and shaping my Startup aspiration. As I wrote on my LinkedIn profile page "If you can't predict your Future, better Create it" I am working on my own to utilize my learning , my experience and my recently added business innovation skills to realize a dream that shall speak for all my friends & colleagues in Oil & Industry profession in this tough time having no professional engagement opportunity. The very thought of fulfilling that social responsibility keeps me energized every moment whenever I get a distraction and being pulled down by low moral forces.

Many times my subconscious mind keeps asking me "Do I have a choice?

“Yes I have two choices". I get this reply. “Either leave the dream I pursued in mid-way after so many hours of effort and dedication and just wait & pray for the good times to come and bless upon me or resist the heat for some more time, burn myself and keep fighting on" I preferred to choose the second option.

Throughout this journey so far there has been few changes in my Social & Professional life that I may term the Side Effects of Entrepreneurship but wait!!! Do not judge too fast. It not like the side effects of Painkillers. Rather these are some of the Positive Side Effects of Pursuing Entrepreneurship which has transformed me from a Specialist Subject Matter Expert with limited thinking ability to a person who can now understand how to think & speak the language of Innovation and link it to Social Responsibility and betterment of our lives. But those transforming Side effects have come up with some unique never had before Social & Peer Circle experiences. I would like to share some of those with all those of you have shown patience to read this confusing article up to this level. 

Side Effect #1: You will learn how to work alone, Start talking less and Work Smart 

If you have worked for a number of years in corporate then you too probably know like many other genius minds who gradually fall into the trendy trap where the most talkative person and less productive person is generally successful. In many cases those who can show off more generally gets rewarded. Majority of these guys who practice it they don’t do it of their own choice. They just adopt it or get familiarize it. At some part of their mind there would always be a war “Should I Start something of my own and get out of this fallacy vrs forget it, Life is much more comfortable here”. Those who overcome this mind war and pursue their own entrepreneurship suddenly realize how they were under utilizing their abilities. They take the challenge as an Opportunity and concentrate on their goals having now time to give advice to subordinates. Since there would be no Co-worker initially most of the cases no time for wise advisory sessions there. Eventually it’s you who have to do all the odds. Starting from Business Strategy, Marketing Plan, PR Strategy , Product/Service Design,Legal ,Finance , Fund raising to cold calling etc. Where is time to give lectures and bore others!!! Most of the times it would be a lonely painful journey but Pursuing Entrepreneurship shall ultimately make you a one man Army: Rambo!!!

Side Effect #2: You start to understand your Peer Circle

A great change in your peer circle shall be noticed when you will announce about quitting your high paying corporate job and dream of starting something your own. You will notice that the frequent phone calls,SMSs & emails of your professional friends shall be going down. These are the people who were mostly interested in your past position and its influencing capabilities. You shall be surprised to find few of your best buddies too included in that list whom you thought will be prospective partner or client in your future business. They may avoid you in social events or try to keep less contact with you now. On the other side there would be some people, though very few in number would contact you from their side, wish you luck and offer you help. These are the people you earned in your peer group due to your good Karma. They shall stand beside you and genuinely be happy to see you being successful. Gradually you will re-discover your new post Entrepreneurship Peer Circle. 

Side Effect #3: You shall pass through a bitter Social Status Phase and but gradually become a tougher person

There would be one interesting category of people who will start gossiping about you specially if you are in a society that does not value entrepreneurship. The mind set of majority of People in this part of the world is that “if you are trying to start of your own then you are nothing but an ill-fated jobless guy.” But the wrath of this ugly social affair is unfortunately taken by your spouse mostly if she is a home maker. Many times she won’t understand what you are pursuing and why you are away from that social status quo, why you left your high paying corporate job etc. Also if you were an aspiring Women Entrepreneur chances are that your spouse might think this as a careless career move since you still might have some incomplete financial burdens to take care of. Whatever is the case this shall ultimately start affecting your family relationship. This is the soft point where most of your entrepreneurship shall die. If you can survive this phase then you will be one step closer of reaching your dream.

Side Effect #4: You will get to know the Value of your Family and start appreciating it

If you pass through these above stages you shall now start enjoying the toughest part of entrepreneurship since you will have your family and few well-wishers left with you who genuinely admire your passion with in your circle. There shall be times when you won’t see your children for many days in final days of launching or fund raising for your startup since you will leave to your work before they wake up and come back home when there would be sleeping. Sometimes you don’t come back home at night. But at times you will be complemented with smile and a late night coffee, sometimes by your spouse or your parents or by your children when you are a home though you cannot find time for still them.But no complaint. You will realize how important their role is in your life and who is making bigger sacrifices in pursuing entrepreneurship.

At some part of the world the situation is bit worse than imagination. There are professions in Oil & Energy where people have been fired from jobs in mass and have no choice of returning to their workplace which they have been attached for years and even decades and have been too specific to their jobs. No body wants to offer them a Job. Its hurts a lot to face this situation with family but Sometimes a mutual family support among each other and getting involved in a value added professional engagement can be a better choice than cursing the ill-fate and doing nothing. Better things will definitely come and you need to be prepared to grab the first hand opportunity.

Those who have kept their professional or entrepreneurial skills afloat shall rise first once the bad phase in your career is over. Be Positive.Better Things are Coming!

Thanks for reading this very quickly written Semi Professional article!!! I would be publishing some of my remaining views on Side Effects of Pursuing Entrepreneurship in a subsequent article in a more professional way. :)

• Your likes, comments & sharing of this article can help me to reach like minded people who value entrepreneurship and believe in doing something better for the society.
• When I am free from creating my financial projections and Business Planning, I am writing creative scripts for my Social Media Video Content marketing.

For any suggestions or reviews I can be reached at [email protected]

About the Author:

Shubhabrata is a Geoscience QI Specialist Ex-(PETRONAS,CGG,RIL) with more than 1.5 decades experience in Oil & Energy domain and founder of QiSeis ,an independent QI consultancy. At present he is an MBA Candidate at Cardiff B-School UK & an aspiring Entrepreneur cum Angel Investor. He is in the process of building the conceptual framework of a "PEER Ecosystem Model" to help student & professional to pursue transformational careers & building a functional prototype for it. He is passionate about coaching , mentoring and fostering entrepreneurship among Peers & Students. Shubhabrata is a Design Thinking Graduate from MIT Sloan School of Management & a holder of Masters Degree in Applied Geophysics from Indian School of Mines, Dhanbad now called IIT Dhanbad. He is also an executive MDP graduate from Indian Institute Management , Rohtak (IIM-Rohtak) with specialization in Entrepreneurship.