Wednesday, April 3, 2013

How do you know when to quit as an entrepenur?

The answer to this question is plain and simple.. You will never know when to quit because you will be dead. Little confused? This means the only time you will never succeed as an Entrepreneur is if your dead. Put this in perspective Thomas Edison failed to make the light bulb more than a thousand times, but when an interviewer ask him about this he simply said, "I did not fail a thousand times i just found out how a light bulb is not made a thousand times". Now this does not mean you should not cut your losses when your business is slowing down and sell it. It means to never say to yourself, "im not cut out for this" or "if i were someone else i would be able to do it". You have to fail your way through to make it to the top. Like Robert kiosaki said in his book, Rich Dad Poor Dad, "I never knew someone who is wealthy that did not lose money". I encourage you to not quit and preserve. Even if it takes you a decade to be successful do it.Once the ten years is over imagine being able to quit your job. Tell your kids yes when they ask you for something at the mall. Retire your parents. And even tell your partner he/she does not have to work anymore. So if your reading this we will fail to the top together.

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