Friday, 3rd September 2010 at 10:03 am

Happily, or sadly, depending upon how you look at it, entrepreneurs just don’t give up! Why? Well there are two answers to this question one negative, one positive. I’ll give you the negative first. Always the bad news first, right? Right… Entrepreneurs play in a game of high stakes poker. Everything being relative, whatever the amount of money they have, they are usually putting it all on the line. We are extremists. The bad part of this is, just like blackjack, when we lose our chips, we just pick ourselves up, look for a new game, find new resources (chips) and try the slots… and God forbid we lose at the slots, we try Roulette or any other game that will make us the quick dollar. Now what I’m telling you is not a good thing. People lose their shirt playing these games, and to fix it, they re-finance their homes, collateralize the cars, scoop up a bunch more money and hit the tables again to start yet another business!

WARNING: IF THIS REMINDS YOU OF YOU, THEN STOP WHAT YOU ARE DOING AND KEEP READING THIS ARTICLE UNTIL YOU FINISH IT.

Entrepreneurs, re-directed in the right direction, can and should start as many businesses as they want, but you need to know there is only one thing that puts them in the right direction, it’s called purpose. If the purpose of starting your business is to re-pay your parents and friends the money you lost, well, then, the purpose of your business will lead you to yet another failure and you will keep starting new businesses for all the wrong reasons. After that business fails, now, the next business you’ve started you’re not only doing it to pay back your friends and family, but also you are trying to PROVE to everyone that you can in fact make it, and you want to especially prove it to those people that never thought you could make it in the first place. Now this is where it gets dangerous. Your motives start becoming similar to that of a desperado. Now you’ve completely lost the purpose that entrepreneurship is supposed to give you. You’re in a dark place. You don’t care about WHAT your business is, only that it needs to serve the purpose of blanketing all of your mishaps.
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