206: Harsh Financial Realities of Early Entrepreneurship
Grad School Femtoring: Inclusive Grad School Stories, Personal Development, and Productivity Tips for First-Gen BIPOCs
Shownotes Transcript
In this solo episode, I talk about the harsh financial realities of early entrepreneurship and share my own experience. I was prompted to share about this due to informational interviews I've been invited on and many instances where I realized that a lot of people have no clue what goes on behind closed doors within a single-member business and their finances. I stress the importance of transparency in sharing the financial aspects of entrepreneurship, especially for those in higher ed who are considering this career option. I explain how many entrepreneurs spend countless unpaid hours on various tasks and face expenses that traditional W-2 employees would not have, like taxes and overhead. I end the episode with call to support the entrepreneurs in your life, whether financially or through referrals and sharing.
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