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HIVE TOPIC OPEN: May 1, 2012 - May 26, 2012

Help Us Create the Ultimate Cheat Sheet: 10 Rules for Starting a Small Business



Be Your Own Slave Labor

7

Your first slave labor is yourself: Unless you are willing to work for hours on end, forgoing your own benefits and health—or unless you're blessed with a 401k or a trust fund—entrepreneurship may not be for you. Many people burn through their savings, raid their children's college money and max out their credit cards to build a product using consultants, laborers and experts—but not all these products even make the market. You can't hire people cheaply unless you're willing to work cheaply yourself, so unless you are so passionate about your idea that you're willing to enslave yourself for years to bring it to fruition, your startup dream may never become a reality.


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