May 01 2008
Owning a Business - Key to Success OR Road to More Stress?
The SABAsearch Blog attracts lots of young South Asian readers who are interested in entpreneurship. Most of these readers are either young South Asian professionals (working in corporate america), young South Asian entrepreneurs (already own their own business), or young South Asian students who are still deciding on their future.
Most of our readers have a burning question that requires some clarity - Is owning a business the key to success or the road to more stress?
We want to hear from both sides. We want current business owners (first generation and second generation) to comment on their experiences. Why did you go into business? Is it just in our “desi blood” to run our own businesses? Also, please offer a piece of advice for all of our young and aspiring South Asian entrepreneurs.
We also want to hear from the South Asian professionals who have selected to take the Corporate America route. Does the stability make you happy? Do you get more time with your family by doing a 9-5 type job? Again, what piece of advice do you have for young South Asians entering the job marketplace?
There are many non-profit organizations that help young South Asians foster their careers in entrepreneurship. One of those organizations is TiE Houston, which has a Young TiE chapter that provides a networking platform for younger South Asian professionals and entrepreneurs. Go to their website and check them out.
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Work for youself - its more rewarding.
One piece of advice: Don’t expect to make returns for the first two - three years of business. I feel that most people give up to easily, and don’t invest as much as they need to in the beginning. Make sure you save up for at least 3 years of losses. Stay persistent, and stay in the game.