by Kim Lavine
Sure I've failed, because there is no success without failure. But everything begins with a dream.
How do you turn your kitchen table idea into a million dollars? How do you become a successful entrepreneur? There are many books that detail all the abilities and strengths that need to be brought to the task, but it’s not so much a question of competence, as one of entrepreneurial character.
You could bring with you every word of wisdom and degrees from venerable ivy league colleges on how to succeed to the threshold as an entrepreneur, but without the necessary willingness to take a calculated risk, you could not take the first step toward that exciting and mysterious frontier of risk and reward.
Risk equals reward; big risk equals big reward
There is no reward without risk, and the bigger the risk, the bigger the reward.
Key characteristics of the successful entrepreneur:
Don’t worry if you don’t have all of these characteristics starting out—I didn’t!
- Willing to take a calculated risk
- Strong vision
To some people—a couple of whom will no doubt be family members—the willingness to embark upon a path of risk will be perceived as a character flaw perceived on one day as courage, on the next as foolish abandon, and on another, insanity.
At the very beginning, I was walking in the darkness of faith, and not the light of reason. There was no way I could communicate my expectations to friends and family—I just had a gut feeling that I would be successful and I had to follow my gut.
Many told me I would fail
Let’s face it; vision is a gift of the dreamer, and not everyone was born to dream.
People had been laughing at dreamers for eons before I came along. I’m sure a lot of people laughed at Bill Gates when he dropped out of college to pursue some little business he had going on in his garage.
I was no Bill Gates
An excerpt from MOMMY MILLIONAIRE