Not All Entrepreneurs Are Created Equal

Not All Entrepreneurs Are Created Equal If you consider yourself an entrepreneur, it’s important to know just what kind of entrepreneur you might be. I always thought that entrepreneurs were cut from the same cloth.  Some were just better at building businesses than others.  And as I began to surround myself with other risk-takers, it became apparent that some were really good at strategy, some were super creative, some were savvy money managers, others incredible at managing people. It wasn’t until a good friend of mine referred me to an entrepreneurial profile test that I realized there were multiple different varieties of entrepreneurs. The test clearly indicates your dominant entrepreneurial tendencies AND suggests some of the things you should leave to others. For example, you may be more of a creator — the one with the ideas who’s great at starting things but terrible at finishing.  Or, maybe you’re more of a mechanic who likes to take businesses apart and put them back together more efficiently.  Whatever your dominant skill set is should be where you spend a majority of your time and energy. Doing anything other than what you’re really good at takes you out of your “flow”. That’s why the most successful entrepreneurs learn to maximize their strengths and hire to cover their weaknesses. That, by itself, is really really critical to understand.  But what I’m about to share is what will put you on the road to financial AND time freedom. True entrepreneurs build a system that automates their …

She Died…

She died… A couple weeks ago my trusty old Black Beauty gave up the good fight.  She and I had a lot of great times together.  We spent hours and hours listening to great music, books on tape, and just the hum of the road.  She outlived all the rest, and was better to me too.  She wasn’t as pretty as when we first hooked up and kind of smelled funny, but I still enjoyed her to her final hours. And in the end, I sold her for $350 for scrap parts. In October of 2001, I bought a 1999 Oldsmobile Intrigue.  Off the top of my head, I’m not sure exactly what I paid for it, but I’m thinking it was around $13,000.  It had just over 50,000 miles on it. In May of 2012, I sold the Oldsmobile Intrigue to my mechanic for $350.  It had just over 179,000 miles on it. You’re probably thinking “wait a minute – that’s 11 years!”  I know, I know… way too long to have a car, but hear me out on this. My intent was to drive the car for a handful of years and eventually get something newer, nicer, and more schnazzy.  But the damn thing ran like a top for so many years with NO problems that I just couldn’t justify spending money on something else.  Plus, after awhile it just became a challenge to see how long it would go.  All the while, I was squirreling money away …