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Is entrepreneur a name who constantly has excellent thoughts?

By Amarendra Bhushan for CEOWORLD Magazine Updated:December 17, 2007

The first impediment we need to overcome if we want to succeed in the second group is to stop working for money. What does this mean? How new triumphant internet start up like the Expert Network work? Isn’t making money part and parcel of having good financial IQ?

What I indicate by ‘stop working for money’ is not running for free. Rather, it means work so as to gain the necessary skills you need to be a successful e- entrepreneur (or inventor, investor). Allow me to exemplify:

If you be deficient in the contacts for operating a business, where would the most excellent place be to look for contacts? Of course, it’s yours competitor’s customers.

How about product acquaintance? Then work with a company that will teach you all the ins and outs of the tricks of the trade.

Not familiar with the production line of a factory? Work in one! Learn the ropes or administer the factory workers.

Fear of talking to people? Get a sales job where you will be forced to talk to lots of people. It is also a great way to develop perseverance!

Don’t you know that the best education you can get is in real life! Not at a lecture hall.

The bottom-line is: not everybody has what it takes to succeed as an e- entrepreneur!

It is not that easy. Many lack the perseverance, the creative mindset, the financial capabilities or the necessary people to get the job done and usually give up too early before any results can be seen! The fastest way to get those skills to succeed is to learn them hands on and you even get paid in the process! Don’t get absorbed with how much you are paid.

When Donald Trump was selecting candidates in The Apprentice, their first task was to go to the streets and sell lemonade! Many would find it a degrading task. But to The Donald, it was very important: If you can’t even do something as simple as sell lemonade, how on earth can you handle a daunting task like running the Trump Empire?

Again, let me emphasize:

Would you trade time for short term money? (Money stops coming in when you stop)

Trade time and money for a long term asset that generates you income? (Even long after you have stopped)

God created us with a brain. All we need to do is look around us and observe problems to overcome because every problem is an opportunity in disguise.

It is all up to you. You may or may not see the outcomes in the short term, but by using our brains and the resources around us, we can generate true value that others are willing to pay for what we have to offer.

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