Entrepreneurship is the gateway to Personal freedom. If you are not working for dreams you are working to make someone else dream come true. I am a son of an Entrepreneur my dad has had many business ventures. Some good some no so good. Until the day he retired he still had a part time business. I have tried to come up with something to make a little side business from home. I have finally decided on a backyard nursery to sell fruit trees that I propagate. I have grown very fond of propagating trees, bushes and such. I still will work my day job, but this is something that I can put some time into in the afternoon and weekends. I’ll get the plants started and maybe let my wife take care the selling of the plants during the day. Working for yourself is not easy, but you can make your own destiny. You are in charge of your life. You got to hustle. The more effort you put in the more you get out. It can be done what ever you have a passion for can become your future. It’s not an overnight thing though. Success takes time. How much time. Depends. Everyone is different, but the more you put into your business the quicker success will happen. What will be my major obstacle? Sales. I’m no where near as good at talking to people as my dad is. My dad can talk to people all day and he would be very happy. Maybe it’s the computer person in me, but I don’t talk to folks like he can. The good new is it’s a skill that can be learned. I remember my dad telling people all the time how he started his first business with $500. It’s still in open today. He always talked about his business. He was proud of them. It’s much harder than most people who never had their own business can imagine. Sales do not equate into profit always. I just saw a clip from Shark Tank where DDP was proposing transiting his yoga DVDs to app based. He was looking for funding, and they ask him how the business was going so far. He stated that they had sales of $3,000,000, and of that $800,000 was profit that was retained earnings. $3,000,000 translated into only $800,000 earnings for the company, but he did pay himself a very good salary. Retained earnings were used to grow the business.
What does this all boil down to? It can be done, but slow and steady wins the race. Be the tortoise not the hare.
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