Why Do Some Entrepreneurs Prefer Gambling With Their Business Over Investing In It?

 

So ladies & gentlemen, and please be (brutally honest) here! Have you ever got a (so called) hot stock tip from a, you fill in the blank!

And decided, it was high time you tried your hand at individually picking stocks. And how’d that work out for you? Did it, or does it feel like glorified gambling?   😎

Hey, it’s okay if your brutally honest answer was a resounding yes! On the other hand, have you ever gone to Vegas and or taken a shot at “Lady Luck” by traveling to Atlantic city and simply letting the chips fall where they may?

(Note: This strategic approach to investing usually doesn’t have many happy endings either!  😉 )

Well, if you haven’t bothered to, (first and foremost), semi educate yourself, on at least the fundamentals of the stock market in general and investing in individual stocks in particular, then my friend, (I’m sorry to have to be the one to tell you!)

But it’s almost a forgone conclusion, what’s most likely to happen.Would you not agree?

Not to worry though, because this post was not written to bore you to tears, about “why” you should or shouldn’t be investing your hard earned money in the stock market. Quite the contrary.

It’s to make the comparison between someone (that’s) claiming to be in business for themselves, yet their consistent actions, seem to indicate, they’re actually gambling with regards to their business, instead of aggressively investing in it! Let’s take a much closer look, so you can see exactly what I mean and decide for yourself!

Why Are Some Entrepreneurs Gambling With Their Businesses Instead Of Aggressively Investing In Them?

First of all, your conscious mind simply cannot and will not except my premise, correct? 😎 And you’re thinking, there’s simply no way, that totally outlandish statement could be anywhere close to being true,  correct?

Fair enough! So let’s start adding some meat (social proof) to the statement and see where (if anywhere) it ultimately leads us!Fair enough?

Alright then; Follow this particular (and sadly) all too common scenario. And you tell me, if it sounds at all familiar?

Do you currently know of, or have you ever heard of anybody, that started out, say dabbling in a little occasional card playing, (yes for money!) And then over time, they slowly graduated to occasionally betting on a little division one college football here and there, then it was division one college basketball.

(And of course, they were always just this close from finally netting that monster parlay!Right?) That’s “why” they desperately need to borrow X amount of dollars from you, again!)

And soon it was regularly betting throughout the entire NFL, MLB, or the NBA season,plus all of the annual major horse racing events etc.Does this incredibly vicious cycle and downward progression, sound at all familiar? (Describe anybody you know and love?)

Gambling By Way Of Lady Luck Is A Whole Lot Easier Than Long Term Strategic Investing!(Don’t You Agree?)

And of course, through it out it all over the years, they continuously racked up some major (catastrophe causing) debts and it may have ultimately cost them their home, marriage, loss of a business or two and the permanent alienation, of some of their closest and dearest friends, immediate family members and or life long associates etc! (The carnage is almost unending!)

Does this strike a chord close to home and or describe anyone you may know and love? (I sincerely hope not!) But still you’re thinking, that person had a rather mild or severe gambling problem, correct?

(And they probably should have sought some much needed professional help at some point!Correct?)

Okay, now try this all too familiar scenario on! How many seemingly dedicated entrepreneurs, (especially) the small cash strapped kind do you know, that literally worked their tales off, (in many cases for years) constantly building (either) their youtube subscribers, twitter followers and or Facebook fans etc, well up into the the high five or six figure range!

Only to attempt to log in to their accounts one day and discover, (for some odd reason(s) their accounts had been inexplicably shut down!Oh my!

As I explained to you in a previous post, I inexplicably had (good old) Hubpages.com suddenly close my account and to this day, my 125 traffic generating hubs are no longer driving free (organic) traffic for me!

(But the really good news is, that little mishap led me to get my very own, self hosted, mobile responsive WordPress blog going! 😉 )

It’s Far More Potentially Profitable To Market On Platforms You Both Own And Control!

Not to be misunderstood here! While it’s great and makes perfect sense for you (and I) to be as extremely pro-active on those platforms as you/we can be!

Ladies & gentlemen, please do not lose sight of the fact, that you and I do not own, nor control those various social media platforms! In any way shape or form!

So if you’re investing a ton of time, money and energy, devoted to building your followers, yet very little time is dedicated to building your very own opt in email (and or) text message list(s!)

Entrepreneur, you’re basically building your business on cyber quick sand!Because if for whatever reasons your accounts get shutdown and you’re unable to get them re-activated!

Constantly Invest In Some Form Of Positive Self Development And You’ll Lower Your Entrepreneurial Risk!

Your goose is pretty much cooked!So based on that all too common scenario, you tell me, is the person guilty of that madness!Are they aggressively investing in their businesses or are they simply gambling? I was sincerely hoping you would say that?

Now as is customary during this part of our show.

Please share your extremely valuable comments (in the comments section below) that you can apply to your business, product or service in the next 30 days or less!

As always, if you got any value out of this post, please share this on your favorite social media sites or tweet this.Thanks!

And be sure you grab your explosive free 22 step small business marketing idea kit series, because it will help you increase your profits by as much as 25% in the next 90 days or less.

And help you master your effective communication in marketing skills.(No matter what your particular niche market is.)It’s a $97 dollar value and it’s free!