Question to all Beginning Entrepreneurs

[Felix Boecker]

Hello! I am trying to survey people coming from a W2 and going into an entrepreneurial life for a new coaching program I am putting together. Would appreciate any insights you have on the following:

1. What are the biggest problems/struggles that you have when it comes from the transition between your W2 and entrepreneurship?
2. What do you want most out of becoming an entrepreneur?
3. What are your biggest fears in transitioning from a W2 to entrepreneur right now?

Thanks!

[Doug Smith]

It's been a while since I did it...going from a cushy bank executive job to loans and real estate investment...but I would love to answer. 

1) I never felt so rich and so poor at the same time. Going from predictable income to feast or famine and pacing/budgeting expenditures regardless of how much was in my bank account was an adjustment. You never know when the next pay day might come. 

2) Freedom. I have a "personality disorder" where I don't like being told what to do. I love to be my own master. 

3) Not having any business coming in. 

Those were the concerns I had when I first started.