Like a fairy tale, almost every successful entrepreneur has their very own "Cinderella" story, or, more known as a "rags-to-riches" story: from busing tables in restaurants to becoming millionaires by their 20'sfrom living in a dump calling itself a flat, to owning many homes, one for every day of the week.
But you should wait and listen to the "down and dirty side" of these stories, before you become so inspired by them. This way, you'll be able to know just how much these people really sacrificed and endured to get their fortunes.
Take into consideration Mike Michalowicz's approach and try asking yourself this, "A 'Toilet Paper Entrepreneur', is that me?"
His analogy for true entrepreneurialism is a typical bathroom experience: "Business" is done, and you discover only 3 sheets of toilet paper left on the roll. As they say, necessity breeds invention, and you're racking your brains to find a solution to this dilemma.
He adds that successful and serious entrepreneurs are not those who sit around and wait for someone to hand them a "roll of toilet paper".
They take matters into their own hands and search within reach that they use. If you must, dig through the garbage, or use the roll of cardboard instead and move on.
Serious Entrepreneurs don't make excuses and don't have patience for people who do.
You'll never hear them say
"Right now, I don't have enough money."
"I'm not smart enough."
"I am too busy and I don't have the time."
"Businesses take too long to build."
"There's too much risk involved. I'm too scared."
"I'm too old for this."
Serious entrepreneurs don't just sit and dream about when their big break would come, but they get off their butts and make it happen.
They don't sit on their money, waiting for it to grow on their own. They'll go out and make their own moneymaking ventures, whether it's selling lemonade by the street, or setting microchips in Silicone Valley.
By the way, millionaires are a frugal (as opposed to cheap) bunch: Warren Buffett, the third richest person in the world, according to Forbes, lives in the same Omaha, Nebraska, home he bought four decades ago for $31,500.
Contrary to popular belief, they focus on one project at a time until its finish. They don't multitask.
Perfectionism is not one of their qualities, and they frequently say, "It's good when it's good enough".
Because they know that money likes speed.
They have this thinking that by the time the sales letters, website design, or ad campaigns have been perfected, competition have taken the concept and run away with it.
Basically, they're more doers, than thinkers.
They aren't afraid of risksthey take calculated measures to reduce risks.
The founder of Feedburner.com, Dick Costolo once said, "The secret is to simply ride on the bike, just get on the bike without much thought of the reasons you could fall off. Just get on and pedal. You can grab a map, a tire pump, and better shoes while you're at it."
Serious Entrepreneurs don't need toilet paper.
Why? Most likely they have a spare napkin in their pocket with their next million dollar business plan scribbled on its back. - 15254
But you should wait and listen to the "down and dirty side" of these stories, before you become so inspired by them. This way, you'll be able to know just how much these people really sacrificed and endured to get their fortunes.
Take into consideration Mike Michalowicz's approach and try asking yourself this, "A 'Toilet Paper Entrepreneur', is that me?"
His analogy for true entrepreneurialism is a typical bathroom experience: "Business" is done, and you discover only 3 sheets of toilet paper left on the roll. As they say, necessity breeds invention, and you're racking your brains to find a solution to this dilemma.
He adds that successful and serious entrepreneurs are not those who sit around and wait for someone to hand them a "roll of toilet paper".
They take matters into their own hands and search within reach that they use. If you must, dig through the garbage, or use the roll of cardboard instead and move on.
Serious Entrepreneurs don't make excuses and don't have patience for people who do.
You'll never hear them say
"Right now, I don't have enough money."
"I'm not smart enough."
"I am too busy and I don't have the time."
"Businesses take too long to build."
"There's too much risk involved. I'm too scared."
"I'm too old for this."
Serious entrepreneurs don't just sit and dream about when their big break would come, but they get off their butts and make it happen.
They don't sit on their money, waiting for it to grow on their own. They'll go out and make their own moneymaking ventures, whether it's selling lemonade by the street, or setting microchips in Silicone Valley.
By the way, millionaires are a frugal (as opposed to cheap) bunch: Warren Buffett, the third richest person in the world, according to Forbes, lives in the same Omaha, Nebraska, home he bought four decades ago for $31,500.
Contrary to popular belief, they focus on one project at a time until its finish. They don't multitask.
Perfectionism is not one of their qualities, and they frequently say, "It's good when it's good enough".
Because they know that money likes speed.
They have this thinking that by the time the sales letters, website design, or ad campaigns have been perfected, competition have taken the concept and run away with it.
Basically, they're more doers, than thinkers.
They aren't afraid of risksthey take calculated measures to reduce risks.
The founder of Feedburner.com, Dick Costolo once said, "The secret is to simply ride on the bike, just get on the bike without much thought of the reasons you could fall off. Just get on and pedal. You can grab a map, a tire pump, and better shoes while you're at it."
Serious Entrepreneurs don't need toilet paper.
Why? Most likely they have a spare napkin in their pocket with their next million dollar business plan scribbled on its back. - 15254
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