Entrepreneurs flush out the haters

Imagine how hard it is for the average person to distinguish between friends and foe? The average person never says anything controversial, never takes risks, never upsets anyone.And so the average person never makes enemies. If you don’t have enemies, how will people know what you stand for? Its far easier to judge someone by…

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Entrepreneurs know when to stick it out, and when to quit

Its easy persevering when everything is going well. Its when the shit hits the fan that your resolve is tested.That’s where your “Why” becomes important.You have to know your “Why”, and it has to be worth “The Struggle”.Money is a good Why as long as money is the most important thing to you. Family is…

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Entrepreneurs have small problems

Some people think they have big problems. Especially “important” people. People with “big” lives have “big” problems.Blah blah blah.Don’t know which passport to buy? Too many relatives and friends leaching you? Can’t find enough champagne for your birthday party? Dealing with a media smear campaign? Your shareholders pushing you out? Your company bankrupt?Whatever.No matter how big…

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Entrepreneurs chop their own wood

“Chop your own wood. It will warm you twice.” Ben FranklinAs you progress in business, you start adopting the trappings of business success. A PA. An HR manager. A travel assistant. A driver.Resist the urge. Not only does the accumulation of assistants result in overheads, bloated staff numbers and a slower-moving company, but it makes…

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Entrepreneurs don’t wait for opportunity to knock

Looking for love? Looking for a sale? Looking for success? Looking for an idea?It ain’t coming to find you. You need to go out and find it.Forget about a bolt of insight. There are no bolts. There are only ordinary moments that you can make the most of.Make the most of everything you have. Put…

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Entrepreneurs act before they’re ready

Are you planning your startup? Setting up your imminent entrepreneurial adventure? Getting your ducks in a row before you take the leap?Stop planning. Start doing.If you wait till you’re ready, you’ll never act. Starting a business is like having a baby. No one is ever ready. You just have to launch and take it day by day.Startups…

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Entrepreneurs are salesmen

There are plenty things you need to do to ensure success.Run a frugal operation, bring in partners you can trust, avoid hiring the wrong staff, take calculated risks, etc etc.But these can distract you from the most important part of business:Selling.Bringing home the bacon.Putting cash in the bank.You can’t save your way to being rich.You can…

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Entrepreneurs divorce

Sometimes you go into business with someone and after a couple months/years you realise you’ve made a mistake. He’s a crook, or lazy, or simply doesn’t share your values.One option is to suck it up and carry on. The other option is to part ways early and get on with life.Entrepreneurs opt for the latter….

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Entrepreneurs make a difference

What’s the point of a nice house if you don’t have a world to live in?In the pursuit of financial freedom, never forget the world you live in.Look around and appreciate the good fortune you have, and the responsibility to make a difference where you can.Making a difference doesn’t mean putting others first. Always put yourself…

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Entrepreneurs make their bed in the morning

Making your bed in the morning seems stupid. Someone else will do it for you, you’re way too important for such mundane tasks.Someone has to bring home the bacon! How do you make the bacon and make the bed?Stop. When you get up in the morning, raring to go, pause and make your bed.Firstly, its…

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Entrepreneurs embrace bad news

Consumer confidence down? Recession imminent? Unemployment up?Fantastic news! Best news ever!That’s how an entrepreneur interprets bad news.Anyone can make money when the tide is in. Its only the real deal that makes money when the tide is going out.And anyway, when the media is positive about the economy, that’s when you should be battening down…

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Entrepreneurs are not flashy

Its easy to live a simple life when you’re poor. Not so easy when you’re making money.Got an increase? Buy a car! Cashed a bonus? Buy a house! Received a promotion? Buy new shoes! Sold your business? Buy a yacht!How else are you to advertise that you’re a success? How else will your family and…

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