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Like a fairy tale, almost every successful entrepreneur has their very own “Cinderella” story, or, more known as a “rags-to-riches” story: from busing tables in restaurants to becoming millionaires by their 20’sfrom living in a dump calling itself a flat, to owning many homes, one for every day of the week. But you should wait and listen to the “down and dirty side” of these stories, before you become so inspired by them. This way, you’ll be able to know just how much these people really sacrificed and endured to get their fortunes. Take into consideration Mike Michalowicz’s approach and try asking yourself this, “A ‘Toilet Paper Entrepreneur’, is that me?” His analogy for true entrepreneurialism is a typical bathroom experience: “Business” is done, and you discover only 3 sheets of toilet paper left on the roll. As they say, necessity breeds invention, and you’re racking your brains to find a solution to this dilemma.  They take action, dig around in the nearby garbage, check out whatever is handy within arm’s reach, use the empty cardboard roll if necessary, call it goodand move on! Serious Entrepreneurs will never sit around, whining excuses. Nor do they have patience for those who do so. Words you’ll never hear from a Serious Entrepreneur: “I’m broke right now.” “I am not that smart.” “I don’t have the time. I’m too busy.” “It’ll take too long to build a business, let alone a successful one.” “There’s too much risk involved. I’m too scared.” “I’m too old.” Serious entrepreneurs don’t just sit and dream about when their big break would come, but they get off their butts and make it happen. They don’t sit on their money, waiting for it to grow on their own. They’ll go out and make their own moneymaking ventures, whether it’s selling lemonade by the street, or setting microchips in Silicone Valley. By the way, millionaires are a frugal (as opposed to cheap) bunch: Warren Buffett, the third richest person in the world, according to Forbes, lives in the same Omaha, Nebraska, home he bought four decades ago for $31,500. Successful Entrepreneurs do not multi-task. They’re like bulldogs: they’ll latch on to one thing until it’s good and done proper. They aren’t perfectioniststhey say, “Good is good enough.” Because they know that money likes speed. They have this thinking that by the time the sales letters, website design, or ad campaigns have been perfected, competition have taken the concept and run away with it. They don’t spend the bulk of their time thinking, planning, and revising they take action. They are thrill seekers, but they have gone out of their way to calculate the risks involved. Founder of Feedburner.com Dick Costolo once said, “The key is to just get on the bike, and the key to getting on the bike is to stop thinking about ‘there are a bunch of reasons I might fall off’ and just hop on and peddle the damned thing. You can pick up a map, a tire pump, and better footwear along the way.” Serious Entrepreneurs do not need toilet paper. Why so? Because for sure they have a napkin to spare in one of their pockets with another million dollar project written on the other side. About the Author:
Understanding all there is to know about serious entrepreneurs is not always easy. Luckily you can get everything you need right here at Serious Entrepreneurs
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