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Is the Life of Entreprenuer for me?

March 8th, 2010 1 comment

How do you know when being an entrepreneur is right for you?  The difference between Corporate America and being an entrepreneur is a completely different set of life skills.  Can they be learned?  Yes and no.

Many people find that a corporate job can be a great motivation to become an entrepreneur.  The corporate lifestyle tends to discourage the traits that are important to the entrepreneur.  In  the corporate world, or traditional “job”, a person gets paid for showing up.  For the entrepreneur, often times, isn’t paid until the work is completed.  They are work creators instead of work processors.

Things such as setting goals,  cash flow, buying your own benefits package, paying the upfront cost to get a great idea from drawing board to market place, among other things, can seem overwhelming to the new entrepreneur.  Here are a few traits to consider in becoming a success business owner.

1.  A desire to be somebody.  If you have a burning desire to be somebody or do something special in your life, the entrepreneur captains their own ship.  This can be a huge motivating force!  Without this desire it is much easier to cut and run when times get tough.  This desire can get the entrepreneur over the rough bumps.  As Anthony Robbins says, “There is a powerful driving force inside every human being that once unleashed can make any vision, dream or desire a reality.”

2.  The will to win.  That fits hand in hand with wanting to be somebody.  If they want to be somebody bad enough they will have the will to win.  Even if it’s hard, keep going.  Even when it gets discouraging, move forward.  Even when there doesn’t seem to be any light at the end of the tunnel, keep driving on.  Without the will to win, discouragements and distractions can become a monumental blockage.

3.  If you aren’t looking for a hand out, but a opportunity to get ahead in life.  An honest opportunity can disguise itself as “hard work”.    An entrepreneur has to be willing to work hard, smart, and except a certain amount of risk to bring their idea to fruition.  They need to be able to, dream, hope and make a commitment to their business.

4.  They are willing to take a chance one more time.  People can become jaded from too many times having their hopes dashed. This is especially true for someone that has attempted the self employed role before.  It, also, holds true for someone that has been in the corporate or “job” world.  It is possible to get beat down so far that “dreams” get locked away and put on the shelf. A quote from Bob Proctor says, “The road to success is lined with many tempting parking spaces.”

5.  An entrepreneur must be willing to accept some amount of risk, especially in the beginnings of a new endeavor. If you can’t tolerate any risk, then a traditional job might be best.  I know many people that this point discourages them from even trying something new.  This can be minimized by doing it part time while still holding down a traditional job.  Saving money that can be used as a pad until the new endeavor pays, or as development capital for the idea.  If money gets too tight, or great debt is incurred, it can steal the dream of being an successful entrepreneurial business owner.

There can be some fabulous rewards for the successful entrepreneur.  Flexible schedule, equity in their life, unlimited income, and participating in something bigger than themselves.  It is the road less traveled.  Only the individual themselves know whether it is the correct road for them.  As Henry David Thoreau said, “Pursue some path, however narrow and crooked, in which you can walk with love and reverence.”

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Robert Kiyosaki – 10 Tips on How to Become Wealthy

December 30th, 2009 No comments

robert kIt is a known fact, rich and successful people think differently than the average person.  There is a reason why they have accumulated wealth and have numerous successes they can lay claim to.  You have probably hear the phrase “money attracts money”.  It is not the money that attracts, it is the mindset of wealth that attracts money.

Robert Kiyosaki is a man that speaks his mind, especially when it comes to growing wealth.  You may like him, you may not, he really doesn’t care.  He does care about preaching the good news about how to acquire wealth.  Most successful and wealthy people have gone past the accumulation of wealth stage, they have it.  They have moved into the mindset of helping others do what they, themselves, have already done, for the betterment of all.

Robert is a self made man.  He didn’t graduate from an expensive college with a degree in finance.  He says he gained his knowledge of finance on the streets.  He is very open that he always wanted to be rich.  It was his life’s goal.  Did he want it because of the things he could buy, or because of the life he could lead?

He was lucky early in his life to have a wealthy and successful mentor that cared to pass his knowledge on to Robert.  That was his “rich dad”.  He says that his “rich dad” was only the beginning of his quest to find teachers and mentors that he could learn from.

My objective in presenting this 5 minute video is not to preach any investment strategy.  It is to put the spotlight on Robert’s attitude regarding wealth and success.  It is our attitudes and belief’s about success and money that dictate our income level.  Robert says you have to make a decision about which side of the fence you wish to reside, rich or poor, before you can become rich.  Have you made that decision?

If you feel this information has value, feel free to pass it around.

Here’s some links to Robert’s books.

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Tony Robbins – How to Develop your Goals & Action Plan for 2010

December 13th, 2009 2 comments

Tony RobbinsWe are in the throes of a very busy holiday season.  Most of us are busy individuals, without the extra hustle and bustle of Christmas.  Before we know it, the new year, 2010, will be here.  Have you had an opportunity to sit down and decide what your 2010 is going to look  like, in all areas of your life?  Most of us will say “no”, I haven’t found the time to do that. To be honest with you, you will never “find” the time for developing your goals and action plan.  You will have to “make” the time for this important goal setting endeavor.

Making our famous New Years resolutions doesn’t hinge on something magical happening at the first of the year that helps us keep them, or break them.  Starting a new year with goals and an action plan is like looking out at a new field of snow, crisp and clean, where no one has walked before, and blazing your trail through it to what you want.  A clean slate, so to speak.  The magic happens any time we make compelling goals, develop a plan with lasting results that work, and take action on them!  This can be done any time of the year.  If it is done correctly, that’s when the magic happens, because as Tony Robbins would say, “Where focus goes, energy flows”.

I have a 7 minute video from Tony Robbins that I really enjoyed.  I plan to make some time in my busy schedule before January 1, 2010 to find out what I did in 2009 that worked and what didn’t work.  I want to have my goals for 2010 planned and ready to go to launch my best year ever!  I encourage you to do so, also.

Enjoy the video.  Feel free to share it with your network of family, friends and business associates!  Let’s all rock in 2010.  The world will be a better place for it.

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