In college, I always fascinated by entrepreneurship.
I remember reading Rich Dad, Poor Dad at the age of 17 and learned the
basics of personal finance, knowing the difference between an asset vs. liability
It was a book that changed my perception of the world forever.
And then Cashflow Quadrant helped me to understand the different types of mindsets.
These books helped me to shape my life up until now to understand those different mindsets.
So I always pay attention to people's words as it reflects their core beliefs.
I remember the days when I used to think Entrepreneurship was a subject, something I would be qualified for after 4 years of getting my degree. Infact, I was so upset that I would not be able to afford tuition at Syracuse University which was like $200,000 per year!
Since that time I learned Entrepreneurship is really not a subject but a lifestyle. I feel it has to do more with who you are versus what you do. What I learned is that an entrepreneur is nothing more than someone who solves others problems for a profit.
However, successful entrepreneurs come from a positon of service and look to help serve people by adding value to their lives vs unsuccessful entrepreneurs who start businesses solely for the purpose of making money and self-interest.
I find that college frames us to "chase the money" so we become conditioned in a way.
So that is one reason why many people have trouble succeeding business.
My Suggestion: Chase the Relationship
The relationship is what creates long-term profit (not only financially but also trusting friendships.)
Help others.
And Don't Be Afraid To Give your best.
Hope this helps,
Gurmit Singh
Wednesday, October 28, 2009
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