Wednesday, May 25, 2011

Stay Hungry Stay Foolish: Be an Entrepreneur..dont just stick into your job ...

Stay Hungry Stay Foolish: Be an Entrepreneur..dont just stick into your job ...: "'You will get to know that you are a looser when you will be given a millon dollar check signed by your old friend who dropped out your scho..."

Be an Entrepreneur..dont just stick into your job for some heavy paycheck.

"You will get to know that you are a looser when you will be given a millon dollar check signed by your old friend who dropped out your school/college 10 years back.."
    
There's something that statistics just can't capture about the entrepreneurial spirit of a town. In some cities, the do-it-yourself business ethic may spring from a ruined economy. In others, small-business booms were carefully engineered by long-term government policies, or developed as a byproduct of rapid growth. Whatever the case, you'll know it when you step into an entrepreneurial city: There's an openness and energy that permeates the whole culture, an infectious enthusiasm throughout the small-business community, and a faith that any problem can be overcome through dedication and smart decisions.
    Many of our friends are starting business. People who do it are in the front pages and web almost every day. Even President Obama is talking about it. So should you do it? Should you join the millions of people every year who take the plunge and start their first ventures? So there is s test for you.. test yourself.. Should You Be An Entrepreneur? Take This Test
 to help you find out. Just answer yes or no.
  1. I don't like being told what to do by people who are less capable than I am.
  2. I like challenging myself.
  3. I like to win.
  4. I like being my own boss.
  5. I always look for new and better ways to do things.
  6. I like to question conventional wisdom.
  7. I like to get people together in order to get things done.
  8. People get excited by my ideas.
  9. I am rarely satisfied or complacent.
  10. I can't sit still.
  11. I can usually work my way out of a difficult situation.
  12. I would rather fail at my own thing than succeed at someone else's.
  13. Whenever there is a problem, I am ready to jump right in.
  14. I think old dogs can learn — even invent — new tricks.
  15. Members of my family run their own businesses.
  16. I have friends who run their own businesses.
  17. I worked after school and during vacations when I was growing up.
  18. I get an adrenaline rush from selling things.
  19. I am exhilarated by achieving results.
  20. I could have written a better test than Isenberg (and here is what I would change ....)
    If you answered "yes" on 17 or more ocassions, then look at your paycheck (if you are lucky enough to still get one). If the company that issued the check isn't owned by you, it is time to search for your soul.. Do you have debts to pay? Kids in college? Alimony? Want to take it easy? Maybe better to wait. Do you have a little extra cash in the bank and several credit cards? Do you have a spouse, partner, friends, or kids who will cheer you on? If so, start thinking about what kind of business you want to set up. It doesn't matter what age you are: research by the Kauffman Foundation shows that more and more over–50s are setting up their own businesses. Talk to people who have made the plunge, learn how to plan and deliver a product or service, think about that small business you might buy, talk to people with whom you would like to work, and talk to customers