Thursday 7 January 2016

Becoming an Entrepreneur

why-be-an-entrepreneur
Becoming an entrepreneur has several benefits. When you successfully build your own business, you are on your way to building financial freedom.  Achieving financial freedom means you now have enough money to invest in instruments. Then you have enough to put in real estate, stocks, fixed deposit, etc.
One other advantage of being an entrepreneur is that you are your own boss; you do not have to report to anyone; the business picks up your bills; you have become the responsibility of your company. The company pays up your children’s school fees.
The people who give most are entrepreneurs. When it comes to sowing into the kingdom, it is only the entrepreneurs that are able to give the best. You cannot be crazier in your giving than your salary allows you.
Why do we not start businesses? I have found out that the number one reason is the fear of the unknown. That is, what if the business cannot take off? What if I do not have enough money to start the business the way I like?
Many people have allowed themselves to believe that a salary provides security. The truth is that there is no security in an income that cannot allow you to plan for your future. The problem with financial advice is that you do not get the results immediately.
It sometimes comes when we are in our sixties, and by that time, it is somehow too late when the advice is wrong and most of the people we talk to and ask for advice from are not better than we are. Most people say they want financial security. If you are shooting for financial security, you are shooting too low, shoot for freedom.  I have set a target for myself that if I do not work for the rest of my life, I can never be poor again. Poor people work for money; rich people make their money to work for them.
It is sometimes amazing to discover that most people that have concluded that they do not have the money to start a business actually have treasures around them. Consider this for example: a man who was sacked from his place of work was complaining to everybody that his career had been ruined. He packed his car in the house and was looking for employment all over the place. But after searching fruitlessly for a non-existing job for about six months, one of his mentors, a minister of God pointed to him the wisdom in turning his car into a kabukabu. He heeded the advice. Today, he boasts about eight cars in his fleet. How about that!
What you have is enough to start with and where you are is good enough to start.

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