Entrepreneurs give the best advice, and have the best rules for life as well as business. I want to explore the world of the self-employed, the new-venture lovers, the dreamers and the innovators, and learn what drives them to do what they do in the face of what is often huge risk.
There are a few gems I have learned over the years that I'll share with you now:
When you meet someone smarter than you, hire them.
Don't let your ego get in the way, and don't think you can do it all. You may be the brainchild of your business, but if you can't adequately share your vision and inspire others to make it happen with you, your capacity to grow will be limited. Heck, don't just hire them, maybe marry them too! I'll be exploring entrepreneurial couples too.
When you start thinking "It's only $100", see it as a red flag.
Money is never "only" money, if you are a serious about growing wealth. You cannot grow rich by valuing money less as more of it rolls in. Rich people, unless they inherited it, got that way by watching and guarding every cent. I know millionaires who still pack a lunch, shop around for the best cell phone deal, negotiate to the penny with everything that counts. If you don't love money, someone who does will happily take it from you.
Do something you love
Because chances are you will be doing it for no pay at some point.
More to come! Please send me your thoughts and your own words of wisdom. And if you would be willing to fill out a questionnaire about your experience as an entrepreneur, let me know.
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