Being an entrepreneur opens the door for unlimited possibilities. Every day offers the promise of new challenges, new opportunities and new creativity. “Do what you love to do” and it is all what is required to be a successful entrepreneur. It may sound very simple, but it’s easier said than heard, especially when u hail from India.

In India being an entrepreneur still raises eyebrows, especially if you are from a middle class family with no history of business. With father worried about the stability of income while mother worried about marriage prospects. Society also fulfills its part by criticizing and finding faux pas at every step. This is not to say that in reality the journey to being a successful entrepreneur is a cakewalk and everyone is being cynic.

There are many problems which entrepreneurs face like High initial investment , lack of funds and bureaucratic red-tape.So as an aspiring entrepreneur in India should one conclude that with a plethora of problems it will be foolish to stride on the path of his dreams?

Let’s relook the current state of entrepreneurship in India rather than jumping to a conclusion.

High initial investment: Is this really a big deal in India? The cost of startups has really gone down. There has been reduction in hardware costs, cloud computing and open source technologies make it really cheap to launch a technology startup

Lack of Funds: This would have been a valid argument before 10 years but in today’s world it’s just an excuse. There are myriad venture capitalists or angel investors who are ready to invest only at the brilliance of idea.

Bureaucratic red-tape: India is known for its delay specially when it comes to legal aspects or taxation. But when you are at a start, these things are of little importance.

However these are the problems which entrepreneurs may face, there are lots of other problem which wannapreneurs face – Paperwork, Perfectionism and Network problem.

Paperwork: Most of the aspiring entrepreneurs are not comfortable doing paperwork. Rather than overreacting over it, it should be managed tactfully to express as well as impress customer.

Perfectionism: One major problem with wannapreneur is that they wait for their magical eureka moment. They always have an imperfect idea which they don’t want to implement and continue to wait for “The idea”.

Network Problem: Some aspiring entrepreneurs have this excuse that they do not have proper network to channelize their resources. But they forget that once they put their heart and soul into something the right network is established automatically.

Thus in a nutshell, the problems face by entrepreneurs and wannapreneurs differ a lot. While the problems faced by entrepreneurs are the challenges, those faced by wannapreneurs barriers.

Being an entrepreneur is an itch one just has to scratch. Not only that, one has to devote his/her life towards that goal.

It’s all about crossing the thin line of “Execution” which marks the difference between Dreamers and Doers.

Write an article in response.