Everybody wants to be an entrepreneur…
But absolutely NOBODY wants to leave the illusion of “security” that a job provides…
Set out on their own…
Do a TON of work…
Live with the stress of NOT knowing when their next paycheck is coming…
or truly actually rely on themselves.
For some people these drawbacks outweigh the benefits of entrepreneurship, namely: freedom, time, and money.
Freedom from wasting your life as a cattle grazing in the fields of the corporate world.
Time to do what you want, whenever you want WITHOUT permission or a pink slip from HR.
Money to accomplish WHATEVER it is that YOU personally WANT to accomplish.
NOBODY in the history of the world ever got rich from a damn low wage paycheck.
Some people are simply born to be entrepreneurs, other people are simply born to be flat out wage slaves employees.
If these 5 details describe you, then the stars have aligned in YOUR favor and the heavens above have opened up a path for you and it’s time for YOU to finally make YOUR move.
1) You have an all-consuming idea, a vision, goal, or an obsession which keeps you awake at night.
For your idea to work, as in make you MONEY, you MUST have a single minded determination.
A great idea that you wish to turn into monetary gain is NOT ever a part time endeavor.
The Four Hour Work Week is a cool book but there isn’t any way on Earth to start your first REAL business on only 4 hours per week, not even 40 hours per week will cut it.
You MUST spend every single waking minute working on your plan, either passively while eating dinner, or actively doing some REAL actual work.
Say goodbye to 40 hour work weeks when your brain is free at 5pm, say hello to constant thoughts of your business and how you will run it, maintain it, make it BETTER, so that it hopefully makes you MONEY.
If you currently have a “day job” you will spend all day thinking of your REAL business while mindlessly pretending to do the work which they PAY YOU for.
Your BUSINESS requires 100% dedication and total confidence.
It requires exaggerated over-confidence beyond ANY reasonable amount.
That’s because reasonable men do NOT start profitable ventures, they stick to their “safe” office jobs and beg, roll over, and fetch for some damn little paycheck.
It takes an unreasonable, supreme confidence in your idea.
75% confidence will NOT work, 150% confidence is what is absolutely demanded.
2) You know EXACTLY how to monetize your idea.
A seemingly great idea without a REAL precise way to monetize is a poor idea.
A standard idea with a clear view of how to monetize is a much more BETTER plan.
Unless you’re getting paid it isn’t a job or a business, it’s a simple hobby.
Hobbies are fun but they don’t ever put steak in your belly.
How you will eventually MAKE MONEY must be very clearly established, planned, and understood.
3) You have a supportive spouse or significant other who truly REALLY actually believes in you.
Doesn’t matter what she thinks about your idea, she must believe in YOU and give you support.
Starting a business venture with a nagging, un-supportive wife is a pretty good way to fail miserably.
If you currently have an un-supportive girlfriend, then there is only ONE simple solution: dump her immediately and get to work.
There are better women to be found who will be supportive and pleasant, making your work immeasurably more pleasant.
If you have an un-supportive wife you have made a huge mistake in letting it get to that point.
Fret not, all is NOT yet lost.
She nags because YOU do NOT currently show ANY leadership qualities.
Because of this, she has taken over the role as leader.
You MUST take it back from her by showing some sufficient leadership traits.
It’s remarkably EASY to do because men are born leaders AND women are born followers.
To reverse this order is akin to spitting in your very own face.
Turn her frown upside down and get to work.
4) You are prepared for the absolute worst.
It is entirely possible that you will NOT make any money for a good long while.
Preparing yourself mentally is of utmost importance.
“I don’t care if I have to sleep in a tent in a forest until my money comes in, it will come in and I will endure the worst for as long as I have to“.
You can ease this burden by reducing and eliminating expenses – shut off cable TV, cook at home, trade down vehicles, rent a cheaper place etc..
When you have made the money you can splurge on these superfluous items (though you STILL shouldn’t) but until you make a fortune, you should live just like a pauper.
5) After you leave your soul-stealing job, you refuse to give in and get another job to “help you through the tough times”.
Relying on ANYTHING other than YOUR business to MAKE MONEY is a surefire way to NEVER make any REAL money.
Before Sylvester Stallone made Rocky he was so poor he had to sell his dog, his best friend in the world, to a stranger for $50 because he couldn’t afford to feed him.
He refused to get a job because he had his passion, his obsession, and he knew if he got a job he would get comfortable and eventually lose that fire and NEVER fulfill his dreams.
Because of his iron will he is now a famous multi-millionaire, we have the 3rd greatest movie of all time, Rocky, and you went to yet another seminar on sexual harassment given by Peggy in Human Resources.
Rocky’s whole life was a million to one shot.
The chances that a NEW business will fail are maybe three to one.
Those are some pretty good odds.
Follow all of the steps above and the failure rate for YOU will drop significantly.
Until next time.
Your man,
-Elijah “The Realist”