How And Why Becoming A Successful Entrepreneur Has Absolutely Nothing To Do With Your Education Level!
(Or Your Current Employment Status!)
Okay, if you were going to try and,(either) start your own business or service from scratch.
Do you think it would be a really good thing, if you had graduate at the top of your class, with a MBA from the prestigious Harvard Business School? Agreed?
And while you’re at it. It certainly wouldn’t hurt, if you also had a revolving line of business credit, which you could access, without putting up any type of collateral, correct? Once again, no arguments from me.
However, would it surprise or even shock you to discover, why being or
becoming an entrepreneur, has little to do with, none of the previously mentioned.Say what? Nod your heads cadets.Because it’s true.
And just for good measure. If you also had direct or indirect access, to several, key influential and affluent men and women who can open previously closed doors of opportunity to you. Well, this would most certainly be a long term resource, worth nurturing, would it not?
Your entrepreneurial success or ultimate failure, (thank goodness!) will not be solely decided, on whether or not, you graduated from an Ivy league school. How much or how little, current or initial seed capital or investor money you can raise.
And whether or not, you currently have at least two million people following you on twitter or Instagram etc. But here’s what definitely does matter…
Who Says Your Entrepreneurial Journey Can’t Start Right Where You Currently Are?
Case in point. Let’s say, not only did you not graduate from any type of college. Like I didn’t! And you most certainly don’t have a MBA, from a prestigious Ivy league school. Nor do you not currently have direct or indirect access of any kind.
To a revolving line of unsecured business credit. and no (so called) seed capital of any kind. And you also very little savings of any kind to initially fund your potential venture.
And you’re definitely not scheduled, (any time in the the foreseeable future), to be featured on “Shark Tank!”
And no potential “Angel Investors” with access to literally tens of millions of dollars, are constantly blowing up your phone, ( literally day and night) attempting to structure any deals with you!
Instead, you’re just a full time, hair, nail stylist or male barber, whose currently looking for work, at a new shop. Because for any number of reasons.The last place you worked out, just didn’t work out.
(Extremely important note:Please see the screen shot image below. Because I recently did a guest blog post, on my buds, Jasmine Hewitt-s, extremely popular, mommy blog.(But her blogs content, is certainly not limited to issues revolving around motherhood.)
So you ladies in the house.Be sure you check her out! Because both she and her guest bloggers, (like myself), routinely share, proven strategies and or tactics, to help you be or become, a successful entrepreneur.On or offline line.Okay! Thanks!
How And Why Becoming A Successful Entrepreneur Has Absolutely Nothing To Do With Your Education Level!
How And Why The Proven Activities Of Entrepreneur Just Might Lead You To Some Long Term Economic Success!
So imagine this.You’re a temporary out of work, full time hair/nail stylist or male barber.
And when you’re not trying to figure out, how to be or become, a successful entrepreneur. You typically work six days per week, 51 out of 52 weeks a year, styling hair or nails.
Usually servicing, at least ten customers per day. Or 60 locals per week. Times 51 weeks per year. Because typically, you take at least one week off for your much needed vacation.
So when you actually tally your numbers alone. This means a staggering 3,060 locals, sit in your chair.Say what? And this is before you figure in, X amount of annual referrals, your regulars constantly generate.
Here’s where you’re thinking starts to turn entrepreneurial.
You correctly reason, those 3,060 locals.(Or X number of local individuals.) No matter how much, (or how little), they continuously spend on your particular services.Guess what? They’re also routinely spending a ton of money, with other local, non directly competing vendors.
This entrepreneurial train leads you to conclude.Your current, future and past customer base, can become potential first time and or long term repeat customers, for the, single location, non franchised retail jewelry both you and several of your co-stylists have purchased from over the years.
Why Not Start Maximizing Your Various Untapped Income Producing Opportunities Right Now!
Say for example. How many people do you currently know and respect, who have smartphones.Actually know how to pro-actively use them, to consistently earn money with them. Exactly.
So imagine this. You’re a full time hair or nail stylist or a male barber. And wile you’re on your annual vacation. Or even if, you’re temporary unemployed.
Because you successfully partnered with. In other words, you successfully formed a joint venture (JV) arrangement, with this extremely marketing savvy retail jeweler.
So when they text you, informing you, they’re having an extremely time sensitive, inventory blowout sale.And first time customers, plus current customers, can drag a friend with them, whose at least 18. And save up to 50% of, on any purchase over $500 dollars.
Plus get a $50 dollar gift certificate, from a popular grocery store in the area. Because remember, the jewelers ideal customer,not only becomes a repeat customer. But they also do their fair share of constantly providing quality referrals too.
And their ideal customer also easily has a total lifetime customer value metric, of somewhere between $3,500 -$9,000 dollars. Give or take over the next 5-7 year period.
This being the case. Since you have roughly, 300 names of your current customers in your phone database. You decide to simply forward the jewelers extremely time sensitive, market tested offer to your list of customers.
And re-emphasize, the benefits they can potentially receive,simply for dragging a semi qualified guest with them, whose at least 18.
Doing so, in essence makes you a commission only affiliate of some kind, of the retail jeweler.You’ll see how things ultimately turn out in part two.Okay?
You Can And Definitely Should Create Some Type Of Passive Income Producing Opportunities!
But for now, are you starting to better appreciate, how and why, becoming an entrepreneur, to any degree, is definitely not about your current or future educational background. Nor is it about, whether you’re currently employed or not! Great.
P.S.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 if you’re currently registered on Linkedin or twitter,and you’re serious about about doing some type of power networking.Let’s get connected asap!
Extremely important note:And if by chance, you happen to know any of the lesser known podcasters, who also target,small business owners,service providers or aspiring startups entrepreneurs etc.
And they’re pro-actively looking for potential guest speakers.Please don’t hesitate to-either- pass their name and contact information directly
to me or vice versa!Thanks!
And be sure you grab your explosive free 22 step small business marketing idea kit series,because it will help you increase your gross 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!
