What’s Holding You Back From Entrepreneurship?

Have you ever wondered what is holding you back from achieving greater success?  Do you have thoughts of becoming an entrepreneur and wonder why you are not there yet?  I must admit, I have had these thoughts lots of times.  You have thoughts like “what if?” and “what about that?” and “well it might not work.”  Yes, your idea may not work but you never know, it just might!

Today I found myself engaged in activities that really had nothing to do with pursuing success from the entrepreneurial standpoint.  Ever since I read an article some time back that asked whether I was an entrepreneur or small business owner, I have been somewhat in limbo. So needless to say, the lack of results in anything of an entrepreneurial nature as far as today goes is solely my doing.

Earlier today, I read another article (I like to read, in case you were wondering) that focuses on rising above the level of “wantrepreneur.”  This is a term that describes those who think about entrepreneurship but have not quite made it to the next level (could this be me?).  The article lists some traits that “wantrepreneurs” display that holds them fixed to the launching pad without ever really achieving lift-off.

My take on this article (which of course I will share!) is that the common denominators holding people back are indecisiveness and lack of action.  Too much waiting and not enough doing.  Some great examples are given that deal with the persistence of some individuals who went on to achieve great success.  Please click the link below.  My thanks to the author, Rahul Varshneya and I hope you enjoy the article!

“5 Reasons Why You Will Remain A Wantrepreneur”

 

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Declare Yourself to be a Winner!

As we progress into the new year, I would like to share with you the stories of two individuals I came across who declared themselves to be winners.  They also had the chance to celebrate victory in the endeavors that they pursued.  Were these declarations a key factor in having a direct effect upon the desired result?  I can’t say but I don’t think it hurt!

The first person I shall discuss took the name “Captain Awesome” and was a participant in (of all things) a male beauty pageant that raised money for local area women’s charities. At his introduction for the ceremonies, he declared himself to be “awesome” and after engaging in competition with the other contestants in the various contest categories, he was declared the winner.

The next person whose story I would like to share is that of Ahn Hyun-soo, a speed skater from South Korea who went on to skate for Russia under the name Viktor Ahn.  Why the name “Viktor”?  During the Sochi Winter Olympics, it was revealed that one of the reasons he chose the name was because it referred to victory 1.  Now of course the mere changing of his name was not the sole reason for his Olympic success, Viktor Ahn also subjects himself to a colossal training regimen.

To add further to this concept, I would like to call your attention to the story of former World Heavyweight Boxing Champion Muhammad Ali.  He was famous for his saying ” I’m the greatest!”  Now he also trained intensively to achieve his level of success but he declared over and over that he was the greatest.  He consistently implanted the seeds of greatness in his mind

.  Ali, in addition to Viktor Ahn and “Captain Awesome” had winning mindsets.

So if you find yourself facing obstacles in the path to your success, start off by declaring yourself to be a winner!  If you are not sure what area to declare yourself a winner in, declare yourself to be a winner in life.  Declare yourself to be a winner in the area that you are striving for success.  The more you believe something to be true, the closer you come to achieving your desired reality.  To examine this mental technique further, I highly recommend that you read “Think and Grow Rich” by Napoleon Hill.  In this landmark publication, the author describes the visualization of an event in one’s mind and experiencing the feeling that comes as if it has actually happened.  The thought of this can be hard to grasp at first but over the course of time it becomes easier. Think of this whenever you hear someone say “It’s as good as done,” or “It’s in the bag!”

See you in the Winner’s Circle!

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Entrepreneur or Small Business Owner?

Recently I read an article that pretty much stopped me dead in my tracks.  The content of the article gave me an expanded version of my interpretation of the term “entrepreneur” and gave me cause for some additional self-examination.

One definition of the term “entrepreneur” I studied basically alluded to a person who began an undertaking related to business and accepts responsibility for its outcome.  A new perspective was presented dealing with entrepreneurship by Austrian economist Joseph Schumpeter.  Schumpeter in his definition focuses on innovation; dealing with new products, manufacturing procedures, markets and methods of organization.

Author Bill Crosby in his article “A Basic Understanding of Entrepreneurship” states that a difference exists in entrepreneurial ventures and small business  with regard to the amount of wealth that is created, the speed at which the wealth is created, amount of risk involved as well as the magnitude of innovation.

Seeing this new (at least new for me) take on the concept of being an entrepreneur made me take a stronger look at what I was doing.  It was somewhat disturbing to say the least to think that my view of being an entrepreneur could be inaccurate.  If I compared myself to Bill Gates, Donald Trump, Sir Richard Branson and Warren Buffett, I would rank as a proverbial nobody.

But one thing cannot be denied and that is the internal presence of a spirit the drives me to do new and great things.  Yes, money is a factor but I also look to the good that can come about as a result of the money.  In addition, the sense of pride in accomplishment that results from doing new and great things is something that cannot have a price-tag placed upon it.  My thanks to Bill Crosby for sharing this article (see link below) that gives new meaning to the term “entrepreneur.”

 

 

 

 

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Why Pursue Entrepreneurship?

So, why should anyone engage in the pursuit of becoming an entrepreneur?  Why would someone be willing to put it on the line instead of accepting the security of a regular job?  Now don’t get me wrong, if you are content with the regular routine of going to a job and getting a paycheck as a result, that’s great!  But what if you aren’t content with that type of arrangement, what are the options?

As with anything, there are the “pluses” and the “minuses.”  If you are working for yourself, you don’t have the constraints of having an employer.  This in turn leads on to other things such as determining your own work hours, developing your own work environment as well as having a bigger hand in how your run your affairs.  You also end up having more of a commodity that cannot be replaced – time.

Having this extra freedom can also coincide with the risks of not having a regular income that could lead to other difficulties (like meeting any financial obligations that you may have).  But with the risks come the potential rewards.  If you try something, you won’t have the nagging feeling of “what if I…..” that could ensue.  You would have the satisfaction of knowing that you at least made the attempt.  With this satisfaction, you stand the chance of feeling that you have been living a more fulfilling life.  What you end up doing could make a difference in the lives of a great number of people.

Either way, you decide!

Get some quick motivation here!  (press the arrows in the lower right hand corner of the screen of the video to go to “full screen” mode)

 

 

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Looking for a Purpose to Guide You in your Entrepreneurial Pursuits?

At any time have you found yourself wondering what is the reason for doing what you’re doing while pursuing your quest to become an entrepreneur? Of course money does play a factor in the overall equation but has there ever been a question in your mind as to what you could be doing to guide you in your journey?

Some time back I recall someone telling me that the reason why he is in business is to help people solve their problems. I also heard someone mention a phrase which included the words “trade something of value for value” in the movie “Atlas Shrugged Part Two.” Author Wallace Waddles in his book “The Science of Growing Rich” talks about the need to be offer something of value in order to move forward on the path of attaining riches.

Think about it, doesn’t it make sense that if you have something, whether it be a product or service and someone in the general public has a need for your product or service, that the possibility exists of some sort of profitable deal being arranged? Of course when it comes to friends and family you would be willing to help them without charge but anyone else who might be in need of what it is you have to offer is definitely a potential client for you! Should such situations come up where someone just happens to need whatever it is you have to offer and the thought of broaching the subject makes you feel awkward; try saying something simple such as “If I could show you a way that (could solve whatever their problem is)…, would you be interested?” You never know, the answer just may be “Yes!”

Now granted, if you just sit around waiting for people to approach you with their problems (let’s hope it deals with something you are qualified to assist them with!), it may be a while. But if you venture out into the world to promote your offers (a.k.a. advertising), you will probably get better results.

Something also to consider prior to going out into the proverbial marketplace is knowing what it is that people want or need. No sense promoting candlewicks when your potential clients would just as soon buy a candle that already has the wick included! If you have not done so already, learn what it takes to conduct good niche market research. There are a variety of tools available (free as well as for sale) that can help you with this. Check out videos on YouTube that are a good source of information to help with this.

Best Wishes on the achievement of your goals and here is to a PROSPEROUS & PROFITABLE 2014!!

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Problems – Obstacles or Opportunities?

Earlier this year, I watched a movie titled “The Ultimate Gift.” It told the story of a privileged (as in “silver spoon”) young man whose billionaire grandfather had recently passed away. As part of the process of having the will disclosed to the surviving family members, he is presented with a video produced by the grandfather outlining a series of “gifts” that he will be presented with in order for a chance to obtain his portion of the inheritance.

Now the potential beneficiary (Jason) is thinking of the gifts in the traditional sense but by the end of the movies comes to realize that the gifts are indeed beliefs that can be attained which will result in transformation to becoming a better person.

At the conclusion of the movie in which Jason becomes the recipient of a sizable amount of wealth, the following gifts are mentioned:

- The gift of Work
- The gift of Money
- The gift of Love
- The gift of Friends
- The gift of Problems
- The gift of a New Day
- The gift of Laughter
- The gift of Gratitude

Out of this list of gifts the one that really stood out in my mind was the one pertaining to problems. The grandfather (played by James Garner) states to the effect that a problem can be viewed as an opportunity to exercise the mind and come up with a solution. As a result, man’s abilities to think and reason would be improved. This to me sounds like a much healthier approach rather than saying “Oh whatever shall I do!” It reminded me of being in high school math classes pondering over how to find the solution that was presented to the class by the teacher.

What a great outlook to have on this subject! Thinking of problems as an opportunity to be embraced with the intent of coming out better as a result. The hope and optimism that you can convey to those facing the problem with you can be contagious and as a result new and greater energy is brought to focus when it comes to attaining the solution.

So as entrepreneurs, we should not only see problems we encounter as gifts, we should also expect for them to come our way.  That way, when a problem arrives, we should hopefully be in a better frame of mind to not only deal with but to benefit from them as well!

Diana Nyad Raises The Bar on Goal Setting

Okay, if this story doesn’t beat all, I don’t know what does.  On September 2nd 2013, 64 year old Diana Nyad became the first person to successfully swim the Florida strait stretching 110 miles from Cuba to Key West.  It was her fifth attempt at completing the feat which took 53 hours to complete.

More astonishingly, she has tried on various occasions for the last 35 years to do this!  On top of that, she made the journey without the aid of flippers or the protection of a shark cage.  I must say, she sure looked worn out as she walked ashore in the United States.

After hearing of this extraordinary tale, I thought to myself “no more excuses.” I find myself thinking over and over, “64 years old and 35 years in the making.”  What an inspiration for mankind this woman is!  Preaching the mantra of “find a way,”  Diana Nyad serves as a standard to follow when it comes to pursuing whatever it is in life that one would hope to achieve.  ”Find a way,” now those are powerful words and I hear them reverberating in my mind each and every day.

Diana Nyad’s achievement gives us all reason to think about what it is that we truly want and “find a way” to attain it.  I will say it again, 64 years old and a story 35 years in the making!  It just goes to show that it is never too late to pursue your life ambitions.  Thank you Diana for giving us all an example to follow whenever we get presented with so called obstacles as well as a source of inner strength so that each of us may “find a way.”  Our lives are all the much better as a result of your truly amazing accomplishment.

Flying lessons, here I come!

 

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Grant Money for Entrepreneurs

It seems like nowadays you see more and more ads in various places online that use the terms “weird tricks” or “shocking reports” as part of their advertising.  Websites claiming to blow the cover wide open on a variety of subjects in addition to strange methods on how to accomplish various things seem to be popping up everywhere.

After awhile, I found myself to be immediately repelled from such postings thinking that exposure to another online scam was imminent.   As with anything if there is one person proclaiming the wonders of “whatever” there would be someone else saying that the same things was a bunch of gibberish.

This led me to remember a book I came across by Matthew Lesko that claimed it had all sorts of listings showing where you could apply for government-funded grant money.  The potential uses for the grant money listed were numerous, ranging from producing an independent film to starting a business.   If memory serves me right, some years back I did send off for some materials that supposedly would show me how to get something started (can’t remember what it was!).  My recommendation is to be somewhat leery if you are asked to pay any money upfront for items such as “Grant Kits.”

Now if you decide to move forward and attempt to obtain government grant money, I recommend that you deal directly with the agency involved.  You may find that just obtaining any funding (with the understanding that it would have to be paid back) may also be an acceptable option.  One agency you can research is the Small Business Administration.  Another website you can research for potential funding is KickStarter.com.   This is a place where you can promote your idea for a

Logo of the U.S. government's Small Business A...

Logo of the U.S. government’s Small Business Administration. (Photo credit: Wikipedia)

start-up project (see the page for more specific information) and who knows, you just may end up getting the funding you need.  Check it out.

Another option to consider would be to network with like-minded individuals such as yourself and swap ideas.  It never hurts to link up with those who have “been there and done that.”  In addition, there is an added trust factor that can develop when you deal with people directly.  Network Baby Network!!

So if you run into hurdles with your fund-raising ventures, don’t give up.  Seek out all avenues that are available.  Think Law of Attraction!

Best Wishes to you and by all means send me a comment to let me know how your experiences pan out!

 

 

p.s.  The icon below may prove to be a useful link to some extra information.

 

 

 

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Ending Limiting Beliefs

Throughout the course of anyone’s life, they are likely to encounter thoughts that end up preventing them from achieving a goal that they have.  These thoughts are known as limiting beliefs.  Now why would anyone want to have limiting beliefs?  The answer is probably no one.  So with that being the case, how are these limiting beliefs generated?

A lot of it has to do with the overall environment that we experience.  Influences that lead to the acquisition of limiting beliefs come from family, friends and other people who one comes in contact with.  Are these factors from which limiting beliefs are generated powerful influences that act upon the way we think?  Oh yes they are!

Over the course of time the numerous instances that we get presented with information can end up leaving an indelible print upon our mindset and result in us accepting the limiting beliefs we get presented with as true.  Once your conscious mind accepts something as truth (even if it’s about something being false), your subconscious mind will kick in and reinforce the notion that the belief you are experiencing (no distinction as to whether it’s positive or negative) is in fact, without a doubt true.

So even with all the incessant programming that we get subjected to as a result of the myriad of influences we encounter, can such limiting beliefs be overcome?  Why yes they can and it’s of paramount importance that you accept the notion of your ability to overcome such limiting beliefs.  For example, have you experienced limiting beliefs that are connected with statements such as “I’m not good enough,” “I’ll never have that,” or “This will never happen?”

The power lies within each and every one of us to counter such limiting beliefs with “I am good enough,” “I will have that,” and “This will happen.”  We are the ones who decide how we look upon things but you have to truly believe in what you are saying.  To get a better feel for the connection between your conscious mind and subconscious mind, I highly recommend that you read “The Master Key System” by Charles Haanel.  It will give you great insight on the connection between the two.

So have I myself had life experiences where I dealt with limiting beliefs?  You bet I have!  Do they still pop up now and then?  Why yes they do.  But I have also learned how to program my subconscious mind with positive reinforcement (an ongoing process) so that the limiting beliefs  I come across can be overcome.

A product I came across not too long ago is an 8-part audio series produced by hypnotist Dr. Steve G. Jones titled “Ending Limiting Beliefs.”  In this collection of audio recordings, the author discusses ways on how limiting beliefs concerning a variety of topics such as wealth acquisition and the future can be overcome.  The student is given opportunities to perform exercises with the intent on showing how limiting beliefs can be overcome as well as learning how such limiting beliefs are not true.

Click on the below link to learn more about how you can end your limiting beliefs.

End Limiting Beliefs!

 

 

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Do You Use the Products That You Promote?

Some time back I was reading a book by Tom Hopkins (made his money in real estate) who said “Be a product of the product.”  I believe he was trying to make a point that if you are going to try to get someone to buy something, you should be using the product yourself.  I was involved in an episode where I was trying to sell someone on a certain type of home refinancing and the prospective client asked me point-blank “Is this what you do?”   Well, being as how I had not used that particular type of home refinancing myself, it was a pretty awkward moment.

There was definitely a lesson to be gained from that moment.  Things would have been so much easier if I had been able to say well yes I do and that would have put the client more at ease.   Now I admit, there are cases involving products that I promote that I myself do not actually buy.  I have set up Amazon affiliate websites promoting cameras and laptops that I do not actually own.  But these are products that involves things I am interested in and am confident that if the customer is not satisfied, he or she can follow a simple process to get a refund.

But herein lies another scenario; let’s say that you are promoting a product that you use and for some reason, you decide that you are not satisfied with the products performance?  This happened to me recently with a mobile phone application that started having some problems with how it worked.  Whenever I was playing some of the videos that were available with this application, for some reason they would just pause.  Needless to say it was pretty frustrating and got to the point where I would not want to be getting a call from someone saying “What is it with this thing that you got me to buy?”

So I made the decision to cancel my subscription to this phone application and since then have decided I am okay with that.  It was unfortunate that things worked out this way since I was enjoying use of the app while it appeared to be working properly.  But just knowing that there were some glitches involved made it practically impossible for me to move forward trying to promote this product to others when I myself knew that there may be some “hiccups” along the way.

So my recommendation is that whenever possible, be a “product of the product” when promoting it to others and if it’s not feasible to own the product yourself, make sure that there is an avenue for your customers to follow in case any problems occur after the sale.   The long-term effect on your reputation definitely outweighs the  short-term satisfaction of making a sale.

My thanks to Tom Hopkins for making me aware of this vital concept.

 

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