Or is it a pound? I have seen too many aspiring entrepreneurs and even University/College students who fancy building a business to satisfy this perception of wealth – presumably fed by the opinion that being the owner of a business -this will be delivered.
Frankly, most businesses will beat the odds and survive the first two years as liquidity and family/friend support is in higher inventory. Surpassing third year remains the challenge as only about 44% of newly launched businesses make it to the 4rth year.
Passion- is the intangible quality that separates average people from truly successful entrepreneurs. Rarely, is it possible to replicate someone else’s career or business success by mimicking their effort. By pursuing your personal passion you will give free rein to your true potential. Your mind will be fixated on the ideas, hopes and possibilities and committed to the time, effort and resilience needed. Effort, sweat and tears are not listed ingredients at that the “Product of the Year” awards. It is the “passion” that deservedly owns that category. Successful business people are passionate about their product, service, company or special cause and driven because they realize that the vision is more important than the goal. Entrepreneurs possess a passion that demands a commitment to take action….a clarity of purpose and defiance to failure. Not a fear of failure….but a tolerance for risk and uncertainty….an understanding that there is much to be learned from both.
Trust your inner voice. When you choose to open a business, your chances of success, and more importantly, satisfaction, are far greater if you love the work you do.
KBP Passion: Maple Vinaigrette
3 oz. good quality E.V. olive oil
1 oz. balsamic vinegar
1 oz maple syrup
1 tsp. Dijon
1 tbsp Balkan plain yogurt
Ground sea salt & black pepper to taste
Blend well till creamy
Frankly, most businesses will beat the odds and survive the first two years as liquidity and family/friend support is in higher inventory. Surpassing third year remains the challenge as only about 44% of newly launched businesses make it to the 4rth year.
Passion- is the intangible quality that separates average people from truly successful entrepreneurs. Rarely, is it possible to replicate someone else’s career or business success by mimicking their effort. By pursuing your personal passion you will give free rein to your true potential. Your mind will be fixated on the ideas, hopes and possibilities and committed to the time, effort and resilience needed. Effort, sweat and tears are not listed ingredients at that the “Product of the Year” awards. It is the “passion” that deservedly owns that category. Successful business people are passionate about their product, service, company or special cause and driven because they realize that the vision is more important than the goal. Entrepreneurs possess a passion that demands a commitment to take action….a clarity of purpose and defiance to failure. Not a fear of failure….but a tolerance for risk and uncertainty….an understanding that there is much to be learned from both.
Trust your inner voice. When you choose to open a business, your chances of success, and more importantly, satisfaction, are far greater if you love the work you do.
KBP Passion: Maple Vinaigrette
3 oz. good quality E.V. olive oil
1 oz. balsamic vinegar
1 oz maple syrup
1 tsp. Dijon
1 tbsp Balkan plain yogurt
Ground sea salt & black pepper to taste
Blend well till creamy
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