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Summer Days Are Over

Summer Days Are Over…

Today, the day after Labor Day, it felt as if it were the last day of summer.  Some would say that ‘Summer Days Are Over’, but I digress.  As I enjoyed the sun yet one more time with my wife and children at the beach, I couldn’t stop but think back to the days when I had a full time job.  Let me explain.

My wife grew up in Long Island and loves the water. So, any hot and sunny day we should be at the beach.  When I held a full-time job, we could only do this on a weekend, unless we took a vacation somewhere, like Puerto Rico.  Frankly, this year it’s been great as I’ve stepped completely into my business as an entrepreneur, but not just as one whose business owns them.  In recent years, I’ve also learned that there are so many resources that an entrepreneur can leverage.

You see, on the day after Labor Day, Summer Days Are Over for most folks because they hold a full time job and have no real choice but to show up and start putting in their 40-hour work week regularly until weekends or the next vacation. But there’s a class of entrepreneurs who can still go on and enjoy their summer even while others are back at the grind.

This is not to say that entrepreneurs don’t understand the value of work.  After all, the Creator said ‘Six days you shall work, but on the seventh you shall rest.’  So, this is not about taking a perpetual vacation, but rather to impress upon you that if you embrace entrepreneurship the right way in the 21st century, it has the ability to give you back a lot more time freedom for you and your family.  Unfortunately, many entrepreneurs living with the old mindset still don’t understand that business is really about leverage.

In fact, today at the beach, I met a lady who’s having a hard time convincing her husband, a business owner, that her home based business has the ability to bring this kind of freedom to her family.  The husband is convinced that there’s no better way to earn money than by exchanging time for it.  Keep in mind, he’s working seven days a week to build his clientele in a new city so he can meet his obligations, and that’s honorable. However, that model, even if he employs others to do the work later on, is still predicated on exchanging time for money.

Currently, there’s a breed of entrepreneurs who understand leverage beyond skills and time exchange for money. Frankly after 20 years in the IT Field I’ve discovered the same mindset.  This lady has too and will become very successful at her craft as she’s learning how to leverage her time and ultimately help bring her husband home to enjoy family times once again.  If you’d like to leverage your time, and start building like this lady here are a few tips for you:

1. Nothing worthwhile is built in a day.

2. You must go through failure in order to reach SUCCESS.

3. Your product is not your craft but people.

If you want to learn more about becoming an entrepreneur here are some great resources to get you started here.

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Are you an Entrepreneur?

How do you define an entrepreneur?  Do you know anyone who claims to be one vs. someone you know is a true entrepreneur?  Are you an entrepreneur?

Many people claim to be entrepreneurs, but they don’t fully understand the meaning of the word.  To be an entrepreneur requires at least some of the following characteristics.

  1. Becoming a critical thinker
  2. Thinking on your feet
  3. Developing a mindset to recognize opportunity
  4. Having a long term vision
  5. Constantly finding opportunity to create wealth with others

There are many more characteristics, but these are just a few that I think warrant the time of anyone who’s looking to develop into an entrepreneur.  Understand that school doesn’t teach you to become an entrepreneur.  They can help you develop a critical eye to some extent.  However, many students end up coming out of college without ever having developed true critical thinking.  They just accept whatever they’re told as the truth because they never researched it.

Thinking on your feet is what is required of those who want to stay on top when someone else changes the rules of the game.  For example, when the tax code was changed to tax the rich more, they quickly found new tax shelters, because they understand the value of their resources and won’t simply let that slip so easily out of their hands.

Many people have yet to develop the mindset to recognize opportunity.  I know of a young man who at 10 years old started buying his own ATM machines and now owns 10 ATM machines at 13 years old grossing $6,000/year.  In the space of 4 years he’s paid for his initial investment, which means should he decide to go to college at 18, he has already gathered at least 10% of his yearly tuition at some Ivy League school.

But most of us don’t have such long term vision, which is always required of the entrepreneur because you must create assets that in turn [hclightbox id=”7″ text=”create a stream of income”].

Last, as an entrepreneur, you must learn to develop relationships that lead to new products and services.  It’s not rare to see other entrepreneurs coming together in their own Mastermind groups looking to synergize and choose new results.

Having only touched the tip of the iceberg here, I promise you we’ll look at more characteristics of the entrepreneur in a few more articles.  Your best course of action is to start reading books that expose you to the Entrepreneur mindset and how you can choose the right results that put on the path to developing your own entrepreneurial spirit.

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Entrepreneur On The Move

Blog

PierresAvatarWelcome to my new BLOG.  On this blog, you’ll find all kind of business information for the budding entrepreneur.  Entrepreneur On The Move will get you moving from an apprentice business person to a seasoned entrepreneur and having the lifestyle you desire.

Welcome aboard.
Pierre Laguerre
The Editor

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Why Do We Use It

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

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What Is Lorem Ipsum

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

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