Entrepreneurs are Huge Risk Takers
People who go into business for themselves are actually risk adverse. We actually see that the biggest risks in life are working for someone else. Therefore, the vast majority of us want to succeed badly. We keep our overhead low, and watch every penny. We probably won't become a house hold name but that is ok. It's better to be conservative with money then doing something we "hope" works but then blows up in the process.
Sunday, July 1, 2018 5:42:00 PM
Today there are more distractions then ever before. Social media, 24/7 news, gaming, etc. If you are going to be successful, turn off Face Book and cable TV and dive into your business or profession. The world will be there tomorrow and if not, there is not allot you can do about it.
Wednesday, June 20, 2018 11:38:00 PM
You Are Not Alone
Over 60% of people living in the United Sates at some time or another, have a desire to start their own business. If you fall into this category ask yourself this simple question: Why? I believe that you need at least 3 but preferably 5 powerful reason why you want to take this step.
Bad Reason: My grandmother told me I make a great meatloaf, so I think I will open a restaurant.
Good Reason: I want to slowly build a small business that will provide long-term security for myself and my family, a business that will make it through the hard times.
Friday, January 5, 2018 1:44:00 PM
I believe that an individual needs 3-4 very powerful personal reasons for seeking self employment. This will help when things get tough and you begin questioning whether it is worthwhile to continue the good fight. For example, one of the major reasons that pushed me towards self-employment was my view that the 8 to 5---two-week vacation model was lunacy.
I could not visualize myself working in an office environment my entire career. This is not the what but the why. Why was I driven in the direction of self-employment? The what came later and I started out in publishing newspapers.
The 3-4 reasons powerful reasons are self-centered but they serve as your own written constitution as to why you are taking this step. If you can't come up with at least 3 reasons why you want to be self-employed on a personal level, I believe you will struggle.
Saturday, December 9, 2017 11:24:00 AM
"You cannot solve a problem with the same mindset that created it."
Monday, September 18, 2017 1:20:00 PM
"I don't believe in a law from preventing a man from getting rich. It would do more harm than good. So, while we do not propose any war on capitalism, we do wish to allow the humblest man any equal chance to get rich with everyone else."
Friday, September 15, 2017 12:29:00 PM
What a difference a decade makes
It's a useful exercise every now and then to push the pause button and reflect on the massive changes that are taking place. No wonder people are on edge. If you said a little over a decade ago: Twitter, Facebook, Linked-In, YouTube, smartphones, Wi-Fi, touch screens, bionic limbs, hybrid cars, drones, Airbnb, Uber, etc, you probably would have had a similar sensation that Thomas Edison experienced when he was trying to explain the value of the light bulb. Do you care to make projections for the next decade?
Thursday, August 31, 2017 11:07:00 AM
Remember Gordon Gekko in Wall Street when he said: "Greed is Good." In Self-Employment: Dull is good. If you are looking for excitement, go white water rafting.
Tuesday, August 29, 2017 11:09:00 AM
Follow your passion and the money will follow....correct? We have heard this numerous times throughout our lives. Sounds like pretty good advice. The only problem is that it is bad advice. Think of your future customers passions and needs and the money will follow. The passion will leave you very quickly if you are not making a profit. The key to sustained success is to find a niche and solve a problem.
Monday, August 28, 2017 10:05:00 AM
I am sure you have heard that the customer is always right. I thought that this was the case early on in my business. I have learned over the years that this is simply not true. A bad customer can cost you your business. It almost happened to me. If your gut says something is wrong, trust it.
Thursday, August 24, 2017 9:55:00 AM