Investing In Yourself

Investing In Yourself One of the things that has separated me from a number of my peers is the sheer amount of professional development that I’ve done over the past 10 years. I’ve spent $30-40,000 in courses, weekends, boot camps, books, CD’s, and webinars. And to be quite honest, that is a drop in the bucket compared to what some of my friends spend. (I know one very entrepreneurial couple that will spend $100k this year alone in professional education!) What amazes me is meeting people who question how much they’ll spend on a weekend training program or CD set. …

Uncle Sam Got Your Money?

Uncle Sam Got Your Money? Remember graduating and thinking, “now I’m going to make the big bucks”? Only to get your first paycheck and realize that Uncle Sam (or Uncle Scam as I like to call him) has taken 1/3 of your hard-earned money. Of the two greatest expenses we have in life — taxes and the interest expense on debt — the first you have either a whole bunch of control over OR no control over, depending on how you choose to be paid. How you choose to be paid is a tad misleading… if you are working for …

The Dentists’ Chair

The Dentists’ Chair My cousin and I have a standing call once a week on Monday mornings. He is usually driving to his dental practice office that is about 30 minutes away and I’m usually at Starbucks or Panera having coffee and planning out my week. Technically, we’re both entrepreneurs. From a very early age, he knew that dentistry was where he was headed. In fact, he was accepted into dental school his freshman year of undergrad (almost unheard of). He worked in a small town in Iowa with a couple of dentists before deciding that that is where he …

Pole Vaulting Over Mouse Turds

Pole Vaulting Over Mouse Turds In my informal study of asking people if they have a business idea or want to someday become an entrepreneur, a great percentage of them have some deep-seated desire to be their own boss. In fact, some will even tell me how great it would be if they could do whatever they wanted every day as “the man”. Naturally, my question is: Why don’t you? From the extensive empirical data I’ve acquired (*sarcasm*), the number one thing that keeps people from venturing out on their own is fear. The old adage about fear standing for …

Where Do I Start?

Where Do I Start? A good friend of mine and I were having breakfast a few days ago and started talking about entrepreneurial mindset. This is a guy who dropped out of college because he felt it was keeping him from going out and making a living. He got married early, realized he needed to provide for his wife and coming child, and jumped into doing about the only thing he was qualified to do — drywall. Drywalling wasn’t something he was especially passionate about, it was something he could do and make money at. He learned from some of …

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 …

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 …