Dont let outside influences stop you from becoming successful

13 08 2007

As an entrepreneur, outside influences will always come in your way of being successful. It is up to you as the entrepreneur to let these outside influences determine your success. As a young entrepreneur, I face a lot of outside influences every day. I had to learn my lesson the hard way about the outside influences and this is what I’ve learned.

 

1. Follow your heart

2. Be careful of who you take advice from

3. Monitor other successful people

4. Constantly educate yourself.

5. Always remain confident in your thoughts and ideas.

6. Do it because you want to do it.

7. Eliminate all negative influences around you

8. Use failures, negativity, and cynicism, as motivators to do better

9. Commit yourself to success

10.Stay FOCUSED

 

I really can say that I have had the entrepreneur spirit my whole life. There have been times in my life where I let outside influences influence my decision and I see where those influences led me. It’s good to take advice and listen to people but remember you make the decision not anyone else. When you learn this philosophy, success is your reward for putting it to action.





What’s the best education an entrepreneur can receive?

9 08 2007

The best education for an entrepreneur to receive is a financial education. Too many entrepreneurs go through life without a financial education. A financial education is one of the highest educations that anyone can receive. The funny thing about a financial education is that you don’t have to go to college to get one. You develop your own financial education simply by learning financial literacy. Financial literacy is simply the study of numbers. The reason so many entrepreneurs never receive the type of financial reward that they look to receive is because they don’t know numbers.

 

You have to know the difference between: assets, liabilities, income, and expense. Assets put money into your pocket and liabilities take money out of your pocket. Income comes from assets, expenses come from liabilities. As you can see your financial education is far more important than your college education. If you don’t have a financial education as an entrepreneur then you will never succeed financially. There are a lot of college graduates who struggle financially because they didn’t take time to develop a financial education. They felt since they had graduated they didn’t need to learn anything else.

 

Your education doesn’t stop after you graduate college. Your education is an ongoing process. Our school system has taught us to place more value in our formal education rather than our financial education. That’s why they don’t teach it in our school systems. We are taught to go to school and get good grades so we can become good employees. A true entrepreneur knows that just a college education alone will not determine his success. A college education only helps the entrepreneur establish credibility amongst the people he intends to do business with.

 

Your financial education is the most important education you can receive as an entrepreneur. A true entrepreneur knows that the rewards for dedicating yourself to a financial education are endless. The sad thing about it is most entrepreneurs don’t even want to dedicate themselves to a financial education. Therefore their businesses don’t succeed and still struggle financially. I am an entrepreneur and I know that your financial education is important. I dedicate most of my time to my financial education. There is no other way that I will succeed as an entrepreneur if I don’t.





Entrepreneur vs Employee

11 07 2007

One of the main reasons most businesses don’t succeed is because people don’t understand the difference between an entrepreneur and an employee. A true entrepreneur doesn’t work in his business. A entrepreneur creates jobs for other people. An employee works in the business. That’s the reason why there are so many business failures today. We have too many employees who don’t know how to be an entrepreneurs attempting to run businesses. You cannot run a business with an employee mindset. Employees and Entrepreneurs are two different people. You can’t compare them because their thought process is different. Employees look for jobs, entrepreneurs create jobs. For the past 3 years I have been living as an entrepreneur. I refuse to work for anyone. The reason I say there is a difference between entrepreneurs and employees is because employees work because they feel they have to. Employees feel comfortable getting a steady income. They work because they have been taught that working is the American way. Entrepreneurs are different. Entrepreneurs know that there are so many employees who are willing to work so they create jobs for these people. An entrepreneur’s job isn’t to work in the business. Their job is to create a team who runs the business for them. They go out and hire the smartest people who can run their business. Entrepreneurs hire the managers and the managers hire the employees. Managers run the business how the entrepreneur tells them to. That’s why managers are payed higher than employees. The sad thing about this is nine times out of ten the manager is way smarter than the entrepreneur. It’s just the thought process. You don’t have to be the smartest person in the world to be an entrepreneur. You just have to know how to create and demand respect. Think about all the top paying jobs in the world. The owners of these companies created and demanded respect. They created something of their own. People respect entrepreneurs. That’s why they work for them. For example, look at Bill Gates. If Bill Gates came to you tomorrow and offered you a job you would take it. The reason you would take this job is because you respect Bill Gates and his company. Bill Gates is an entrepreneur. I am pretty sure there are so many people working for Bill Gates that are smarter than him. He gained those smart people’s respect and now they are continuing to build his business. That’s how I am going to be one day. I never want to work for anyone. I hate the word “job.” Every time I think about working I get frustrated. As an entrepreneur I am going to have to work but not like an employee works. I am going to have to work my brain to create my business while an employee uses their hands to run someone else’s. It is truly a different thought process for an entrepreneur and an employee. I will continue to post on this topic. Please leave me a comment and let me know what you think. I am currently working on my book which should be finished in the near future.








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