Maybe the best impromptu comment on entrepreneurship EVER!
This snippet was published by Peter Nguyen of careerknowledge.net on LinkedIn. Clearly I am going to have to rethink my previous position on LinkedIn, which was made in needless haste."Entrepreneurship" is a big word that tends to scare many people.
But it's quite simple: It's about creating a product that you own.
Once you've created it, you can sell it to thousands of people and make lots of money while creating a lot of happiness. Even better news: these customers will help you to constantly improve the product!
The alternative is to get a job, which you can never own and where you cannot create any new product. If you do create a product within a corporate setting, all rights and royalties will belong to the employer.
So young people have a very clear choice: either create a product they own, or find a job they do not and will never own.
Regarding the "long hours," here's my thought: if you have a "long reach," you will not need to work "long hours."
By "long reach," I mean an extensive network of qualified experts and contractors. Why do ALL the work when you can outsource to others who can do it MUCH BETTER than you?
An entrepreneur should focus with laser precision only on what he does BEST, and outsource the rest. In the entrepreneurial game, "excellence" is the key, not "control."
An entrepreneur should focus on maximizing his joy at creating, using his desire, creativity and talents, a product or business that will help him reach his financial (or other) goals. He can only help others (family, community) by the clarity of his personal example. He cannot help them by doing things FOR them because that would teach people that they cannot do it for themselves.
He can only be a crystal-clear example of strong, unstoppable desire and prolific imagination. He can only walk his own unique path.
As others see him, they will think: "Hey, if he can do it, I can do it too!"
"Why aspire to entrepreneurship?" To inspire the world!
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