So what are the odds of the entrepreneurial success?

Only one in fifty people in the general population succeed as an entrepreneur. Not very good odds, I must say. No wonder parents are not in favour of it. But if you take the first step of leaving your job and sustaining your dream for about a year, your odds improve 10-fold, That is because you are now a part of a select few, about 10%, who have opted in. Your odds of success have gone from about 2% to 20%! Those odds are not so bad when a win could mean that you are set for life.

In any case, most entrepreneurs succeed on second or a third try. I was lucky. I made it on my first try.

So, are entrepreneurs gamblers? In a sense yes, but they are taking a calculated risk. Logic alone is not enough. One must make a leap of faith. Entrepreneurs combine primal and intellectual in a unique chutney; instead of finding 10 reasons why they can’t do it or shouldn’t do it, they find one reason to go for it.

The longer you wait, the harder it is to do it. You start to become more sensible, more practical, more responsible and more set in your ways.