{"id":1557,"date":"2019-04-17T00:35:45","date_gmt":"2019-04-17T00:35:45","guid":{"rendered":"http:\/\/porkbun.com\/blog\/?p=1557"},"modified":"2019-04-17T00:35:45","modified_gmt":"2019-04-17T00:35:45","slug":"the-lessons-business-school-wont-teach-you-but-being-an-entrepreneur-will","status":"publish","type":"post","link":"https:\/\/porkbun.com\/blog\/the-lessons-business-school-wont-teach-you-but-being-an-entrepreneur-will\/","title":{"rendered":"The lessons business school won&#8217;t teach you, but being an entrepreneur will"},"content":{"rendered":"\n<p>A business school teaches you many critical\nskills: broader worldview, strategic thinking, better time management,\nself-discipline, problem-solving, amongst many others. It trains you to\nunderstand theories and models and how to apply them to real-life problems. But\nno matter how expansive your curriculum, it does not teach you much about\nentrepreneurial success. When it comes to entrepreneurship, it is better\nlearned than taught. Perhaps this is why we have self-made billionaires who\ndropped out of college.<\/p>\n\n\n\n<p>While we all learn our own lessons through our\nown experiences, here are 5 important lessons that no business school will\nteach you.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h1 class=\"wp-block-heading\">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; How to be a leader<\/h1>\n\n\n\n<p>Having an impressive degree will help you\nsolve problems through better frameworks. The course can offer you specialized\ntraining in different functions of a business. But what that degree will not\nteach you is how to lead a team of people from the front. Being responsive,\nreliable, charismatic and taking responsibility are all essential qualities\nthat make a good leader. And these qualities are developed when you are running\nyour own business.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"559\" height=\"397\" src=\"https:\/\/betamax.porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/1.png\" alt=\"\" class=\"wp-image-1558\" srcset=\"https:\/\/porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/1.png 559w, https:\/\/porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/1-300x213.png 300w\" sizes=\"(max-width: 559px) 100vw, 559px\" \/><\/figure>\n\n\n\n<h1 class=\"wp-block-heading\">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; How to be resilient<\/h1>\n\n\n\n<p>Being an entrepreneur is one of the hardest\nchallenges that one takes up. Believing in your idea when no one else does and\nto keep putting one step in front of another without much success requires\nresilience. Of course, there are days that are rewarding but most of the\njourney is long and alone and all most entrepreneurs have is undying faith in\ntheir ideas.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"559\" height=\"397\" src=\"https:\/\/betamax.porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/2.png\" alt=\"\" class=\"wp-image-1559\" srcset=\"https:\/\/porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/2.png 559w, https:\/\/porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/2-300x213.png 300w\" sizes=\"(max-width: 559px) 100vw, 559px\" \/><\/figure>\n\n\n\n<h1 class=\"wp-block-heading\">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; How to build the\nright team<\/h1>\n\n\n\n<p>Hiring the right talent is one of the most\nchallenging tasks. From attracting and engaging the right individuals to\ncreating an overall efficient recruitment process requires multiple trials and\nerrors. There is no ready-made formula that a business school can teach you\nwhen it comes to building your team. It is only you who can, over the course of\ntime, decide who are the right candidates who will add value to your business\nand remain loyal for the long haul.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"559\" height=\"397\" src=\"https:\/\/betamax.porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/3.png\" alt=\"\" class=\"wp-image-1560\" srcset=\"https:\/\/porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/3.png 559w, https:\/\/porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/3-300x213.png 300w\" sizes=\"(max-width: 559px) 100vw, 559px\" \/><\/figure>\n\n\n\n<h1 class=\"wp-block-heading\">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; How to be prepared\nfor plans to fail<\/h1>\n\n\n\n<p>As an entrepreneur, you need to be prepared to\nbe unprepared. You can create multiple spreadsheets, have a detailed\nstep-by-step process, but chances are strong that in the moment of action you\nare going to operate on a more reactive basis instead of proactive. New\nprospects and changing situations will always require you to act at the moment.\nHowever, it still helps to have a plan in place so that you have some direction\nin your mind.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"559\" height=\"397\" src=\"https:\/\/betamax.porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/4.png\" alt=\"\" class=\"wp-image-1561\" srcset=\"https:\/\/porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/4.png 559w, https:\/\/porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/4-300x213.png 300w\" sizes=\"(max-width: 559px) 100vw, 559px\" \/><\/figure>\n\n\n\n<h1 class=\"wp-block-heading\">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; How to communicate\ncorrectly<\/h1>\n\n\n\n<p>As an entrepreneur, you are going to\ncommunicate with people in the real and the virtual world. And in both these\nscenarios <a href=\"https:\/\/startupleague.online\/blog\/heres-how-to-choose-a-kickass-name-for-your-startup\/\">first impressions matter<\/a>. When it comes to\nreal life conversations, how you present yourself, your demeanor and passion\nwith which you speak will be contagious. <\/p>\n\n\n\n<p>In the virtual world, your first impression will be your <a href=\"https:\/\/porkbun.com\/\">domain name<\/a>\u2014the piece of communication that will lead people to your website. Here you can have something as vague as <strong>www.mysuperlongbusinessname.com<\/strong> or something as smart as <strong>www.mybusiness.site <\/strong>(these are just examples of URLs for you to consider).<\/p>\n\n\n\n<p>Your domain name is one of those seeds that,\nif you plant it right, will bear fruits for as long as your business exists. A\ndomain name on a new domain extension such as .TECH, .ONLINE, .SPACE, .STORE,\netc tells people how forward-thinking you are and gives your business a great\nbranding advantage.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"559\" height=\"397\" src=\"https:\/\/betamax.porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/5.png\" alt=\"\" class=\"wp-image-1562\" srcset=\"https:\/\/porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/5.png 559w, https:\/\/porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/5-300x213.png 300w\" sizes=\"(max-width: 559px) 100vw, 559px\" \/><\/figure>\n\n\n\n<h1 class=\"wp-block-heading\">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; How to keep adapting\nto changing times<\/h1>\n\n\n\n<p>Here, let\u2019s take Elon Musk\u2019s example who after\nco-founding PayPal, transitioned into a completely offbeat field and found\nTesla and SolarCity. If you want to continue progressing, you will have to\nlearn to adapt and reposition yourself into unacquainted turfs from time to\ntime.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"559\" height=\"397\" src=\"https:\/\/betamax.porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/6.png\" alt=\"\" class=\"wp-image-1563\" srcset=\"https:\/\/porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/6.png 559w, https:\/\/porkbun.com\/blog\/wp-content\/uploads\/2019\/04\/6-300x213.png 300w\" sizes=\"(max-width: 559px) 100vw, 559px\" \/><\/figure>\n\n\n\n<h1 class=\"wp-block-heading\">Conclusion<\/h1>\n\n\n\n<p>Being an entrepreneur may be challenging, but it is a deeply rewarding journey. These are some of the many lessons that old and new entrepreneurs keep learning and re-learning. Business school might teach you the basic skills, most of which you will have to unlearn if you want to be an entrepreneur. When it comes to entrepreneurship only life experiences will teach you how to do something \u201cright\u201d.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><em>Post by Alisha Shibli<\/em><\/p>\n\n\n\n<p>Alisha is a Content Marketing Specialist at Radix, the registry behind some of the most successful new domain extensions, including .STORE and .TECH. You can connect with her on&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.linkedin.com\/in\/alishashibli\/\" target=\"_blank\">LinkedIn<\/a>. For more information about the new domain name extensions like .press, .site, .store, .tech, .online, .space, .fun, and .website, visit&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/radix.website\/\" target=\"_blank\">https:\/\/radix.website\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A business school teaches you many critical skills: broader worldview, strategic thinking, better time management, self-discipline, problem-solving, amongst many others. It trains you to understand theories and models and how to apply them to real-life problems. But no matter how expansive your curriculum, it does not teach you much about entrepreneurial success. When it comes [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":1558,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[71,175,176,216],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The lessons business school won&#039;t teach you, but being an entrepreneur will - Porkbun.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/porkbun.com\/blog\/the-lessons-business-school-wont-teach-you-but-being-an-entrepreneur-will\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The lessons business school won&#039;t teach you, but being an entrepreneur will - Porkbun.com\" \/>\n<meta property=\"og:description\" content=\"A business school teaches you many critical skills: broader worldview, strategic thinking, better time management, self-discipline, problem-solving, amongst many others. 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