Sunday, February 7, 2010

Entrepreneur = Success?

Five Bad Reasons to Become an Entrepreneur -Forbes

The reasons, plus my comments:

1. Because you really need a job
Then look for one!

2. Because you want to work less
Look for the suitable work environment. Public service might just be it.

3. Because you are sick of working for someone
Learn to lead upward, else just leave that guy for somewhere else.

4. Because you want to become rich
People become rich not by entrepreneurship alone. Not all entrepreneurs are rich, nor do all succeed. Plus, those successful entrepreneurs have a passion for something, not just plain desire for riches. Anyone can want to be rich.

5. Because you want to become famous
Please. Seek the media. You don't have to be an entrepreneur if that's all you want.

Saturday, October 24, 2009

The Right Focus

I recently saw this article on Forbes: Stop Trying to Get Rich!
One part of the article really made me think.
Here's an extract from the article:
"I strongly believe that fear is the ultimate prosperity killer. But while fear seems to have a hold on our hearts, far too many of us still have only money on our minds. You combine that toxic brew with a focus on "me" and not "we" and you have a generation of Americans with a serious identity problem."

There are three big words here:
  1. Fear
  2. Money
  3. Me
 I don't think I have to explain them again. Basically it all points to focus. Those three words are obviously not the right thing to focus on.

Financial well-being does not come from the want for money.  Yes, we need money to survive; so let's just leave it at that. I believe that once we focus on the right things - enjoying our work, doing the job well, manage your financial life well, and plan ahead and be disciplined - money just comes. It's a by-product. Also, to be able to eat and drink enough everyday is a luxury in itself already.

So keep the right focus, don't fear, don't have only money in your head, and don't be selfish.