Skip to main content

What are some advice you could give to an entrepreneur with no capital, no experience, and no connections?

Congratulations!
You just defined your job description!
Tell me, how did Steve Jobs start his entrepreneurial journey? With no capital, no experience, no connections!
How did Elon Musk start his first business? With no capital, no experience, no connections!
To answer your question, what’s my advice for a new entrepreneur with no real resources?
Embrace your job!
Your job as an entrepreneur is to solve problems. See yourself as a puzzle maker. Entrepreneurship is actually the art and the science of putting the pieces together.
  • No capital? Your job is to find it.
  • No experience? Your job is to never stop learning and control your fear of failure.
  • No connections? Your job is to get out of your comfort zone and find the people that will lead you to your goals.
  • Most importantly… #NeverGiveUp!

Comments

Post a Comment

Popular posts from this blog

How do the rich earn money if it’s not exchanging their time for money?

Princess Leia owns an apple farm. Luke is the CEO of the farm. A team of one hundred Rebel Troopers works the farm. Rebel Troopers earn  $20 per hour  worked. We use this formula to calculate their income:  Paycheck = ( hourly  pay) x (hours worked) If Troopers work 40 hours per week, that would be 20 X 40, which equals $800. Rebel Troopers are commonly encouraged to save their extra money by depositing it into a bank. Their investment follows this equation:  Savings benefits = investment X annual interest The problem with “ the paycheck formula ” or the   “ bank-savings formula ” used as mechanisms to wealth is that the variables are  limited  and out of the Troopers’  control . ·          Troopers cannot work 3,000 hours in one week. ·          Troopers cannot force Luke to pay them $1,000 per hour. ·      ...
Post a Comment
Read more

Why do millennial have more student loan debt than any other generation?

The lost generation: Today’s children get prizes and awards merely for participating — this sends a DANGEROUS message to kids: “We’re all winners.” This mindset is repeated continuously at the end of each project, event, or season. As a result, kids grow up expecting awards and praise just for showing up — (by the way, this sounds like socialism.) This mindset leaves kids terribly unprepared for the harsh realities of capitalism. Capitalism is ruthless. It rewards only winners, not just anyone that shows up to ‘work.’ Today, these kids are being offered an irresistible deal: “Go to college, and don’t worry; you can pay the massive college tuition with credit, and whenever you find a job with your ‘valuable’ degree, you can pay it back later.” “I MUST participate!” So, here they go to “participate,” at a mediocre college, to study a mediocre (and outdated) degree, to finally, AGAIN, get a “participation reward,” called a degree... Now, here comes real life: There’...
Post a Comment
Read more

Who will be the most successful entrepreneur of the 2020 and why?

Elon Musk 1- SpaceX:  When Elon Musk started SpaceX, the venture was seen as a fantasy and something that most didn’t take seriously. Elon and the SpaceX Team have proven them wrong. Elon has a mission to make Mars habitable in case the earth is no longer a viable option. I wouldn’t be surprised if SpaceX successfully sends men to Mars in this decade. 2- Tesla : Electric vehicles have been around for a few decades now, but none have really caught on … until Elon got involved. Tesla has solved problems like slow charging, short range, slow speed, and slow acceleration, plus has made EVs affordable. Now all the car industry is trying to catch up with Elon and the Tesla Team. Personally, I don’t think they have the corporate culture and innovative thinking to do so. Tesla will continue to revolutionize the car industry. 3- Tesla Batteries Founded in 2006, Elon is seeking to make renewable energy something that every home can afford plus revolutionize the b...
Post a Comment
Read more