Quote of the week #43

“Business has been so drab, all grey suits and cufflinks. But there's a whole new generation of entrepreneurs starting to make it fun.”

-Simon Woodroffe
found on thinkexist.com

Getting rid of 'Net Worth'

As I'm trying to promote myself more by getting involved with entrepreneurial groups It seems more and more likely that my ability to remain anonymous is less and less of a likelihood. That being said I have decided to take down my Net worth widget so as not to expose myself completely. I do however, plan to continue to note by what percentage my Net Worth decreases or (more hopefully) increases.

Speaking of Net Worth, I just finished filling out the paperwork for an LLC and I think that was my main obstacle. Now if I can just remain focused long enough to put a stamp on it and send it in. I have this weird feeling of trepidation & excitement all mixed together - kind of like I felt when I was a little kid the night before I had a big game or track meet to compete in.

Wish me luck!

Progress Report - for week ended 6/22/08

So, here a week before month end - are my goals for June 2008:

1. Publish Debt Freedom book (online or otherwise) - I'm done typing, I have some family members checking on legal and factual issues. This week I hope to get an LLC set up - which I think I'll need before I can publish the book without worrying too much about legal issues. I also might have some tweaking to do if I can fit it in. It's going to be close one for actually getting the book published by month end but, I think I'm definitely on the right path.
   
2. Join (or start) an entrepreneur's group - SUCCESS - I just went to great group last week and I plan to check out another one this coming week and a 3rd at the beginning of next month. I'm pumped. Hopefully the next two are as great as the one I went to on Thursday!
   
3. Post at least 25 blogs this month - As I look at my blogs for June it looks like I've published 15 so far and this will make for 'number sixteen' so obviously I need to 'kick it up a notch' for the final full week of June.
   
4. **Subscribe to Inc Magazine - SUCCESS -Done - yup I finished this simple goal way early. Maybe as a confidence booster for my other goals.

So this week I'll need to keep busy in order to accomplish goals #1 & #3. I think I'll make a list of the things I need to do this week here shortly just a double-check for myself.

So I went to a entrepreneur* meeting....

Man was it cool!

I have to admit, I felt nervous at first and almost got discouraged and turned around at first but, luckily somoene asked If I was there for the meeting, handed me a name badge and my fate was sealed from that point forward.

One thing I definitely should've brought were business cards but, I don't have any yet to promote my yet un-published book. I also didn't know what exactly to say when people asked 'what do you do' which was the first question out of everyone's mouth.

After the 'meet & greet' session, they did have a speaker who talked about the 'elevator speech' - which is basically what everyone else was announcing when I asked the question 'what do you do' back.

Basically an elevator speech is a quick, conversational pitch - these entrepreneurs give on a regular basis about their product or services. I even met a couple of contacts who may be able to help me get my book off the ground!

I'm very excited only regret is that I didn't just get out there and do something like his much earlier - even if it's in a part of town I don't usually hang out at.

*I previously tagged this as a 'network marketing meeting' and it was nothing of the sort. Just wanted to clarify that for myself. I will not be selling Avon - or trying to gain an 'up-line' anytime soon.

So I think I found some meetings.

As I've mentioned earlier one of my goals for this month is to either join or start an entrepreneurship group. It appears that there are already quite a few groups in my area and I sent a 'request to attend' more or less to at least 3 of them.

The only thing, I'm slightly nervous about is the 'open networking' time as I can either be extremely gregarious with people I've never met before or a complete and total Wallflower.

Two of the entrepreneurship groups had a 'screening process' where the group leader will contact me back in 'a couple days' with a 'yes, you can attend' or 'no, you cannot' . One of those groups meets this coming Thursday so I hope they get back to me soon.

In the meantime I'll keep my finger's crossed.

Entrepreneurship on the mind

Over the last several weeks, I've begun thinking a lot about branching out into part-time and possibly full-time entrepreneurial pursuits. It's been nearly a decade since I graduated from college and my starting salary then is not a whole lot different from my salary now.

Ideas have been sparking in my head and I've become drawn to several books on entrepreneurship like 'Think & Grow Rich' by Napoleon Hill. Magazines on entrepreneurship, like Entrepreneur - which I currently subscribe to and Inc. which I plan to subscribe to. And Podcasts including my favorite - Internet Business Mastery - with Sterling and Jay.

Not only have I begun thinking about it I've been talking to equally interested friends about the same thing. I think it's only a matter of time before I move forward with a business plan my only flaw or obstacle I believe is my own anxiety and procrastination.

Hopefully in the next 3 months I'll have something up and running. Only time will tell. Maybe someday I'll be a millionaire - who knows...

Quote of the Week #35

“[He sees himself as an entrepreneur, but he defines it his own way.] People mix up entrepreneurship with risk-taking, ... An entrepreneur is a risk-minimizer, an opportunity seeker.”
Peter Farrell quotes

found on thinkexist.com

Quote of the Week #33

"An entrepreneur assumes the risk and is dedicated and committed to the success of whatever he or she undertakes"

-Victor Kiam
found on thinkexist.com

Blog of the Week: Genius types

This week's blog of the week goes to Brian over at Genius Types.

His post:

The Key to Entrepreneurial Success is Balancing Business and Creativity

Is very well written and thought provoking. It talks about the two different type of entrepreneurs. The creative types - like myself. And the Business-minded types.

I found the different descriptions pretty enlightening. Although I do consider myself pretty creative, I'm not that much of a risk taker at all. I'm fairly focused on doing whatever is least risky - hence my over-whelming fear of debt.


It is a great post. Check it out.