Controversial take:
80% of the population isn’t very competent. Not good at decision making. Financially illiterate. Poor communication skills.
If the 20% who are competent, very few of those are willing to take the risk necessary to become an entrepreneur.
80% of the population isn’t very competent. Not good at decision making. Financially illiterate. Poor communication skills.
If the 20% who are competent, very few of those are willing to take the risk necessary to become an entrepreneur.
The folks in that 20% that do take a risk and start a biz are very likely to do very well.
I think far too many people think of successful entrepreneurs as genius folks who are of a rare breed.
I’m here to tell you that is bullshit.
Most of them did a lot of things wrong but put themselves in the game. And did a few key things well.
I’m here to tell you that is bullshit.
Most of them did a lot of things wrong but put themselves in the game. And did a few key things well.
The things they did well:
Communicate. Save or invest vs spend. Unemotional decisions. Delegate and work on the biz vs in it.
That’s about it.
The rest is right place, right time type stuff.
Communicate. Save or invest vs spend. Unemotional decisions. Delegate and work on the biz vs in it.
That’s about it.
The rest is right place, right time type stuff.
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