socaldude
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Most of us here are young(i'm about to turn 21 in about 6 months) and that probably means most of us here are starting our FIRST start up and it's very common to have wannabe entrepreneur symptoms during this phase.
I think Mark Cuban calls it a "Wantrepreneur". Somebody who likes the idea of successful entrepreneurship but doesn't exactly have the right mind set/perspective/beliefs/direction.
Heres a good article: Wannabe entrepreneur symptoms and cures - Gabriel Weinberg's Blog
So thought it would be a good idea to start a thread on diagnosing SYMPTOMS and laying out CURES of the "wannabe" entrepreneur.
Ok so ill start out:
1. Symptom: "I want to make money" or "I need money so ill start a start up" or "I can't stop thinking about money"
2. Cure: Hopefully your focus shifts to being what I call a "Michelangelo of Economic Resources(The inputs to producing products/services)" or a Value Producing Entrepreneur. Your goal is to mold the clay of economic resources into a masterpiece that all men can benefit from(VALUE) AKA an Entrepreneur.
Capital and Economic Resources are the main weapons in the Entrepreneurs arsenal. And this is how wealth is created. THIS is how the standard of living advances in a country. The incredible standard of living we experience is today is the direct result of VALUE minded Entrepreneurs. NOT money minded Entrepreneurs. THIS is what Adam Smith called the: Wealth of Nations. Great read, I recommend it.
I'm Currently in college and I was at the library about 2 months ago and I found this great essay from this noble prize winning economist who STRAIGHT up PROVED mathematically that WEALTH(individual wealth and society wealth) CANNOT be created without RESOURCES(then converted into goods/services). Then I reflected to myself after the reading: Does MONEY have anything to do with wealth creation?F*ck NO!!! The molding of economic resources by entrepreneurs into goods/services NEEDED by society AKA consumers creates wealth!! AKA VALUE!!!
I always say to my Wantrepreneur friends(i have plenty of them) that focusing on money/money chasing is like cheating on your wife(the market). You usually end up losing BOTH your money(your mistress) and the markets approval(your wife). LMAO
OK Amigos it's your turn! Identify any Wannabe Entrepreneur Symptom then write a CURE!! :smxG:
I think Mark Cuban calls it a "Wantrepreneur". Somebody who likes the idea of successful entrepreneurship but doesn't exactly have the right mind set/perspective/beliefs/direction.
Heres a good article: Wannabe entrepreneur symptoms and cures - Gabriel Weinberg's Blog
So thought it would be a good idea to start a thread on diagnosing SYMPTOMS and laying out CURES of the "wannabe" entrepreneur.
Ok so ill start out:
1. Symptom: "I want to make money" or "I need money so ill start a start up" or "I can't stop thinking about money"
2. Cure: Hopefully your focus shifts to being what I call a "Michelangelo of Economic Resources(The inputs to producing products/services)" or a Value Producing Entrepreneur. Your goal is to mold the clay of economic resources into a masterpiece that all men can benefit from(VALUE) AKA an Entrepreneur.
Capital and Economic Resources are the main weapons in the Entrepreneurs arsenal. And this is how wealth is created. THIS is how the standard of living advances in a country. The incredible standard of living we experience is today is the direct result of VALUE minded Entrepreneurs. NOT money minded Entrepreneurs. THIS is what Adam Smith called the: Wealth of Nations. Great read, I recommend it.
I'm Currently in college and I was at the library about 2 months ago and I found this great essay from this noble prize winning economist who STRAIGHT up PROVED mathematically that WEALTH(individual wealth and society wealth) CANNOT be created without RESOURCES(then converted into goods/services). Then I reflected to myself after the reading: Does MONEY have anything to do with wealth creation?F*ck NO!!! The molding of economic resources by entrepreneurs into goods/services NEEDED by society AKA consumers creates wealth!! AKA VALUE!!!
I always say to my Wantrepreneur friends(i have plenty of them) that focusing on money/money chasing is like cheating on your wife(the market). You usually end up losing BOTH your money(your mistress) and the markets approval(your wife). LMAO
OK Amigos it's your turn! Identify any Wannabe Entrepreneur Symptom then write a CURE!! :smxG:
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