Monthly Archives: November 2013

Explaining To Someone What Entrepreneurship Is

Recently I had the chance to speak with my uncle who I find as such a great person. He’s very motivational and inspiring, but we had this long talk about him wanting to see me instead complete school and find a job, living happily ever after sticking with that job. It was quite difficult getting to him that the way the school teaches us is off course to what the real world experience will give us. I told him I’m a very entrepreneurial minded person and only focus on what I know will benefit my present and future. Still couldn’t get it! How would you explain to someone that has no point of view of what the entrepreneurial side looks like?

To get started, as an entrepreneur I feel I’m unemployable. It’s uncomfortable working with others I can’t get along with and don’t have the same mindset I have. Applying for a resume and they ask for skills. What skills may I have? Does leadership count? To some yes, to others no, they’re looking for a seat to be filled. The feeling of having a job just brings a chill down my spine, all I would be doing is helping complete someone else’s goal(s) while being paid at a reasonable price for that period of time. I’ve learned that the way society works is that we end up depending on a job, and while the job may be something to be proud of, there’s always that minor point of being laid off. All that hard work and time well spent gone out the door. What do we do after we lose a job? We go berserk, we panic, we feel desperation coming and the negative emotions start taking over our mind. At the end of the month, that income that we are comfortable seeing being deposited no longer comes in. We start making late payments because of expenses we can’t handle, and banks start calling in for mortgage payments being late. The life is ruined! Or is it?

As we got more deeper into the conversation I wanted to let him know that his idea still is reasonable but I couldn’t see myself in that category. As an entrepreneur, life is always filled with experience. There’s no depending on one person for income rather it turns into self-reponsibility. Having switch into this mindset there always has to be room for learning, whether consuming it from books, audio, video, conferences, networking, you name it; continuous education is priority. But there’s still that debate if school should be an option. School is always an option, except most people rather skip the school part and start what they always dreamed of. Why waste the time on learning something that may end up not being used once graduating. The sources of where we can learn from have expanded dramatically: Learnable, Audacity, Coursera, Udemy, those are just a few but there are so many places one can learn from. I’m so in love with the world of business, everyday I have a business lecture or podcast playing while I go for a drive. Darren Hardy best stated this when he said a year’s worth of listening to material you’re into is about the same year’s worth in a graduate class. Your mind is never-ending and you see so much beauty into this.

Next, we move into what happens if our business doesn’t work? There’s fear and experience, but never failure. To fail means having the mindset to not bounce back up and be comfortable where that failure landed you. Learning from a system that didn’t work and tweaking it up and make it work to call it experience. And I think this is where experience becomes more of value than a paper stating where you went to school. I’ve witnessed people completing their masters, unemployed, yet they go back to school to change their major. To me it feels like it’s time wasted. Why not go out and prove you created, accomplished, and failed some businesses instead?

This is where the mindset of fear comes into place, we deal with fear almost non-stop but as entrepreneurs, once we learn to control fear, there’s nothing stopping us. What is there really stopping us? The quote says it best “What would you do if fear didn’t exist?” I love this quote because it’s not something everyone is capable of controlling, a majority are used to being comfortable. Working all week, going out on a weekend to spend everything they made that week, and repeating the cycle. The upside to this is they value money over themselves, something I’ve learned from Pejman Ghadimi is that money does not equal value, rather value equals money.

Later into the conversation he did agree with what I had to say except he’s never been exposed to the life where one has complete control of it. My response was that I too think I wouldn’t have known about this side if it wasn’t for my parents, although they see their customers as their boss instead, this makes them happy.

How have your experiences been explaining to an individual what entrepreneurship is? They have no understanding, but what are some easy ways that you did to describe it to them? Do you think it’s important to aware people about the possibility of having control of their lives?

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Let Go: Agreeing To Let Go At the Right Time

Letting go of something can be perhaps the most difficult thing we come across in our lives. As kids, letting go of something isn’t an option, and therefore we are taught by our parents that the best thing to do is to let go because we may receive something bigger in return. However, it sounds nice, but the greediness within us keeps telling us no, this is comfort and I want it to stay that way.

As becoming leaders, we will come to times where we will face decisions with our relationships and team to determine if we think it’s the proper time to let it go or not. Those frustrating decisions when one of your most loyalists mentions they want to move on and go do their own thing. How do we handle those situations?

I recently experienced one of my very own closest friends I collaborated with deciding to move out of state. It was the most toughest thing I’ve ever heard. I responded to him that no he couldn’t go he has every helpful resource here, but he replied back saying he wanted to start a new life somewhere he desired to be.

Knowing him since my childhood and growing up together, at first I thought it was an insult. After everything we’ve been together and how much we both helped each other, that the end result would come to this. But I began to think clearly now, that as we come to age, not everyone stays in one place. What we have as comfort will not always be there in order to keep growing, we have to give something up in order to receive something bigger in return.

Having a hard thing to listen to, I agreed that I too thought it was the right time for him to carry on to a new journey. I gave him words of advice, and having the great technology we have now, we can on occasion schedule a Skype call to catch up on how things are going.

What I’ve learned from this is that this situation can occur on our team as well. The person we shared our knowledge into, cannot and won’t be there for a long period of time of we want them to be leaders as well. As the saying goes, leaders are hard to keep. They too will have to break free from the pack and hire a great team repeating the same cycle all over.

If we deny them wanting to leave, we are doing ourselves nor them any good. The time to show them great leadership is when we demonstrate them our decision making skills at the point of time. They expect us to deny their reasoning, but when we come to agreement that it’s the right time to take on their journey, we become that root of great influence and respect. We are not only building leaders, but we are building an empire of great leaders and what’s more to have than that?

As of now, we continue to lead pulling forward and not look back. There’s always room for growth and deciding to let go of situations similar to this, can be the right choice made.

To conclude this post, how has letting go made an impact on you? Was it the right choice at the right time? What did you learn from your experience and what can we do based on what you went through?

We’re Created By What We Read

What materials do you interest yourself in? Based on what we focus our attention in, we create ourselves part of it. Do we get home and sit on the couch only to watch the bad news going on? Or do we study on books and blogs about what we want to become or improve on?

Several great friends of mine I was mentioning to them recently that based on what we want to be, we have to stick to that field of interest as much possible. What we nourish our mind with is what will make of us. They’ve mentioned it’s sometimes difficult, it gets boring; and indeed it may get that way, but upon what I’ve studied, avoiding that all together we will succeed quicker and further to where we want to get. We let go of that pack and become one.

I remember my father would tell me he didn’t like the fact I was reading books about stories that are not relevant to what I wanted to be. Aside from a usual school reading I had to do, fiction books never caught my interests as a result. My father would want to start bashing them saying they were a waste of time and at times I did agree. However, I think it’s great to take a fiction book outside of business or in your similar field and read it to clear your head when feeling to get away.

When we get home, let’s find something that we want to get better at, and dig deep through it. Ask yourself how will I benefit from this? If there’s a clear explanation, then you’ve found the right source of information that will fill your mind. Upon doing this regularly, distractions will become minimal and putting focus of an area that’s consider a waste of time will not be as interesting. It’s a great feeling to have after you’ve become aware of how much you’ve grown and improved yourself with those interests.