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LOS ANGELES - SEP 23: Kevin O’Leary at the “Shark Tank” Season 8 Premiere at Viceroy L’Ermitage Beverly Hills on September 23, 2016 in Beverly Hills, CA.

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So what are thepersonal costsof starting a business,and what can you gain?

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Is There a Pretty Side of Entrepreneurship?

OLearys statement seems to imply that suffering is just part of the business process.

This isnt necessarily the case for all businesses, though.

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Every business will come with a certain amount of stress thats just part of life.

In the end, whether your business has a pretty side may come down to how successful it is.

see to it that you have a solid business plan and prepare for potential problems before they crop up.

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This is why its important to always have a clear financial plan and consider the risks before diving in.

Businesses Require Time and Effort

Prepare to invest a lot of your time into your business.

Your workdays might extend late into the evening, and weekends could become just another workday.

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Stress

Running your own business can be an emotional roller coaster.

You may experience highs when things go well and profound lows when they dont.

The fear of failure can be overwhelming, especially when your financial future is on the line.

If your business succeeds, it can generate far more income than most traditional jobs.

As a business owner, you make the critical decisions and steer the companys direction.

You choose whom to hire, what products to sell and how to market them.

If you know your niche and have a good plan, you have the opportunity to capitalize on it.

Personal Fulfillment

A unique satisfaction comes with knowing you built something from the ground up.

Should You Listen To Kevin OLeary?

Take whats useful to you but remember that youre the one who knows your situation best.

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