Traditional business owners can not understand the power of social commerce and 21st century trends. No. Not unless they intentionally seek to understand and be open to ideas. Not unless they seek association of leaders who have done it!
Some forgetful facts…
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You got to be comfortable about being uncomfortable
Entrepreneurship sounds glamorous. I’d rather say, fruits of labor as an entrepreneur with proper guidance is glamorous. In reality, life as an entrepreneur lacks balance. However it is full of priorities and discipline!!
You don’t use your income to buy luxuries. You use your income to build your assets. Let your assets buy you luxuries
Quoting a phenomenal book, Business of the 21st Century by Robert Kiyosaki.
First thing they teach in a finance class is diversification. Build a portfolio that minimizes risk of failed investments. Ironically most of us do exactly the opposite with our careers. Think of career as an investment. Your portfolio is heavily exposed to just one position. JOB – TOO MUCH RISK. Diversification should be non-negotiable part of your game plan.
If you need downside protection, you need plan B.
Many people just talk the talk. You may look apart by calling yourself an entrepreneur without creating results. That’s the unfortunate thing about glorification of entrepreneurship.
Don’t be a first class wantreprenuer!
Does it resonates with you? Average people are driven by fear. Entrepreneurs are driven by vision.
Common misconception about entrepreneurship: acquiring stardom and becoming a millionaire is inevitable.
Odds are you will fail. Failing sucks… as we have been told by our peers.
Failing is part of the DNA of building succcessfull companies. It is a building block of any successful outcome as long as you learn from your failures.