Why It’s Important For You To Strongly Desire Autonomy

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Photo by Markus Winkler on UnsplashHow do you picture an entrepreneur? In a recent survey by Cox Business, small business owners listed their top three entrepreneurial idols as Steve Jobs, Ben Franklin and Walt Disney. But another part of that survey may be more revealing.

Roughly two-thirds of the respondents said the desire to be their own boss motivated their entrepreneurial pursuits. This sense of autonomy has come to embody the rugged individualist persona often associated with the entrepreneurial spirit.

“Following a process that does not make sense to me has a strong tendency to undermine Continue Reading “Why It’s Important For You To Strongly Desire Autonomy”

Why It’s Important You Believe You Control Your Own Destiny

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Duke Worne Productions / Duke Worne Productions, Public domain, via Wikimedia Commons

Duke Worne Productions / Duke Worne Productions, Public domain, via Wikimedia Commons

Imagine you’re out walking your dog on a nice sunny morning. As you approach the intersection, you see a car attempt to make a lefthand turn only to be hit by an oncoming car that runs the stop sign. No one’s hurt, but the cars are totaled.

What is your first thought concerning the innocent driver making the turn?

Is it “poor guy, he was in the wrong place at the wrong time”?

Or do you think “even though he had the right of way, he should have made sure the Continue Reading “Why It’s Important You Believe You Control Your Own Destiny”

Why It’s Important You Exhibit Creative Tendencies

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Thanough, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons

Many aspiring entrepreneurs feel the creative urge represents the most important trait for success. Many great ideas, though, never become viable businesses.

Take a look at some of the greatest entrepreneurs of all time.

Did Henry Ford invent the automobile? No. Nicolas-Joseph Cugnot first produced a steam-powered automobile in 1769.

Did Steve Jobs and Steve Wozniak invent the microcomputer in 1979 with the introduction of the Apple ][ computer? No. The French team headed by François Gernelle within a small company, Réalisations & Etudes Electroniqes (R2E), created what they called the “Micro-ordinateur” in 1973.

Did Ray Kroc invent the fast food hamburger joint? No. Most point to White Castle’s 1921 opening of its original location in Wichita, Kansas, as the first fast food hamburger franchise. Heck, Kroc didn’t even invent McDonald’s. He bought the restaurant from founders Dick and Mac McDonald after becoming the chain’s franchising agent in 1955.

What is the importance of creative behavior?

It’s not the ability to come up with an original idea that wins the day. It’s the ability to take Continue Reading “Why It’s Important You Exhibit Creative Tendencies”

Why It’s Important You Become A Calculated Risk Taker

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Ed Dunens, CC BY 2.0, via Wikimedia Commons

When you talk to people about what it takes to be an “entrepreneur,” most people will say you need to be a risk taker.

When you talk to people about what it means to be a “risk taker,” most people will begin describing daredevils and gamblers.

In both cases, these answers are at best incomplete if not totally incorrect.

Risk taking is fundamental to sound investing. Without risk, there could be no return. It’s Continue Reading “Why It’s Important You Become A Calculated Risk Taker”

Do You Have What It Takes To Be An Entrepreneur?

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Look around you. Now, more than ever, the world teems with constant change.

Some succumb, consumed by the cascading chaos.

Winners smile broadly, delighted by the array of percolating opportunities.

“Do I have what it takes to be an entrepreneur?”

This is the question every budding entrepreneur asks. It is the wrong question.

Imagine

Wouldn’t you benefit more if, before beginning on your entrepreneurial journey, you knew what talents successful entrepreneurs possess?

Rather than first asking if you have them, you’d be much wiser to ask what they are.

Before answering that unasked question, behold the very first lesson of this series. It’s a lesson you should carry with you at all times. It reveals the ultimate axiom, the rule that Continue Reading “Do You Have What It Takes To Be An Entrepreneur?”

Is Starting A Business Worth It?

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Can you feel inflation eating away at your income? Are you worried matters will only get worse as the nation dives deeper into recession? Perhaps you’re eying that favorite hobby of yours, wondering if you can tweak it a bit to bring in some much-needed revenue.

What’s holding you back?

If you’ve spent the bulk of your career working for someone else, it’s only natural to wonder if starting a business right now is worth it. You can be on the cusp of retirement or even in retirement. Sure, you enjoy helping people, but wouldn’t it be easier just to give it away for free and cut back on other expenses?

Well, no matter what your age, a healthy challenge can invigorate the soul.

“Starting a business can be an exciting responsibility to take on for many people,” says Nick Chandi, CEO, and Co-Founder of ForwardAI in Vancouver, British Columbia. “It’s also a Continue Reading “Is Starting A Business Worth It?”

The Seven Paths To Lifetime Bliss

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You remember the story. Mother drags Son to a family wedding. Son doesn’t want to go. Mother nags the Son to get off His seat and have some fun at the party. Son wants none of it. “It’s not my time,” He tells her.

What? Was He waiting for the DJ to play “Paradise by the Dashboard Light”? Clearly, the Son wasn’t hungry for Meatloaf. Nor was He particularly thirsty for wine.

But be honest here, what son can deny his mother? This Son was no different. And when mom told the waiters to “do whatever He says,” they did.

Thus was the back story of Jesus’ first miracle during the Wedding at Cana.

This isn’t the story we’re telling here. We’re talking about what happens before the Continue Reading “The Seven Paths To Lifetime Bliss”

Strategic Planning For The Soul

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I’ve always enjoyed the adventure of strategic planning. I call it an “adventure” because it requires one to truly explore the meaning and philosophy of a corporate soul.

A corporate soul differs from a human soul in that the former comprises an entity of many individual souls. With so many human souls making up its psyche, it’s often entertaining to watch as these individuals confuse their personal souls with the corporation’s soul.

OK, I admit this is a form of voyeuristic cynicism, but look, people are egocentric. And the Continue Reading “Strategic Planning For The Soul”

Do Self-Assessments Really Work?

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What’s the difference between the Lifetime Dream Process and any of the many other forms of self-assessment? While some of the more astute readers might have already deduced the answer by reading the preceding Commentaries, at some point it helps everyone to forgo subtlety and bluntly reveal why the Lifetime Dream Process is not like any other process you might have heard of or even tried. In the next two weeks, I’ll begin to conclude this series by comparing and contrasting the Lifetime Dream Process to several of these systems.

This week I’d like to focus on self-assessments. These often come in the form of a test but might also take on the nature of a conversation. In either case, compared to the Lifetime Dream Process, each fails to get deeply into the heart of the matter.

To understand why getting to the heart of the matter is important, you might want to read Continue Reading “Do Self-Assessments Really Work?”

How To Declare Independence And Start Pursuing Your Happiness

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Many folks think Thomas Jefferson “borrowed” the phrase “Life, Liberty, and the Pursuit of Happiness” from John Locke. The 17th Century British philosopher and physician famously wrote, in the unsigned Second Treatise Concerning Civil Government, that government exists to protect one’s life, liberty, and property. Sounds awfully similar to the words used by our Founding Father nearly ninety years later.

Significantly, Locke’s focus on personal “property” breaks from the sense of Thomas Hobbes. In his 1651 treatise Leviathan, Hobbes paints a sovereign-centric ideal. In this “social contract,” citizens cede personal freedoms to the ruler in exchange for protection. Without such protection, the contract is invalidated.

Bear in mind, Hobbes wrote this while in exile during the English Civil War between the Parliamentarians and the Royalists. He rejected Aristotle’s premise that man is driven by Continue Reading “How To Declare Independence And Start Pursuing Your Happiness”

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