Businessman and futurist visionary Jason Hope is a seasoned entrepreneur who has been successful in his endeavors. He started as an investor and then became a consultant to budding entrepreneurs. Successful activist investor Jason Hope shares tips and lessons he learned throughout his career, which can be summarized into three key points:
1) Entrepreneurship is not for everyone:
Jason Hopes says that entrepreneurs should ask themselves, “Do you want to get rich or do you just want to be an entrepreneur?” It is after being honest with yourself answering this question that you can continue with your journey.
If you want to get rich, then entrepreneurship is not for you because the reality is that less than one per cent of all entrepreneurs do. It’s a “lottery ticket.” say Hope.
Additionally, Jason advises people to keep their day job working; don’t quit until there’s no turning back. He also encourages budding entrepreneurs tonSet realistic expectations and understand that entrepreneurship takes time; it often won’t happen overnight. Jason encourages people not to give up.
2) Research your business thoroughly before jumping in:
According to Jason Hope, it is imperative to research your business thoroughly. Studying your business helps in knowing how to allocate your resources best.
In addition, Jason Hope says that people should have a clear understanding of the industry they wish to pursue and its potential pitfalls and opportunities. He recommends using online tools such as Google Trends or Google Insights for Search to help entrepreneurs understand if their business idea is trending up-and-coming before going forward with it.
3) The most important thing you need to know about entrepreneurship:
The most important thing is that it’s not about how much money you make but what kind of person you become along the way, Jason Hope states. He emphasizes that entrepreneurship has little to do with making money but everything to do with the person you become along the way. Lastly, the activist investor advises budding entrepreneurs to be optimistic about their chances at success but not naive; learn from those who’ve failed first, so you don’t do the same yourself. Jason Hope notes that 90% of all new businesses fail within five years because most entrepreneurs start from scratch without any knowledge on running a successful company/startup! A good way Hope believes aspiring leaders can avoid this is to learn from those who have failed first.