Monday, January 08, 2007

The entrepreneurial mindset

Looking back over the title, I may have bitten off a bit more than I can chew, but considering this is my journal, I am going to break it down how I have come to know it. All of my businesses will be extensions of myself in one way shape or form, therefore it is my mindset that truly decides the outcome. In what I sought out as a shortcut to retirement, it seems that I have embarked on a long journey through my socio-economic life.

As opposed to trading my time to another entity in exchange of money, I am choosing to directly apply my time to generating and investing money. In every community, large or small there is a sea of money. In metropolitan areas, there are oceans of money just waiting to be tapped into in some new creative or unique fashion. I have friends who are very talented artists, musicians, and action sport athletes. I am building a promotions company to assist them in this process while developing a brand for a clothing line. I am an avid snowboarder and have dreams of snowboarding internationally in countries such as Japan, New Zealand, South Africa, etc. I recently purchased the domain name snowboardbums.com, and leave tomorrow for a 2 day business trip in Colorado. Write off a mid-week boarding trip? Ummmmm.... shure. I will be developing a self moderating community for snowboarders on that website, and continue to take business trips to powder filled destinations. Another example is this blog, and getrichsomeday.com. These are all simple ideas that I have developed through my free time and hobbies which will be turned into large, prosperous companies over time. I will personally see to the creation and success of these ideas.

This is an example of how I have experienced the entrepreneurial mindset. It seems to revolve around offering value with your time. By offering a valuable item or service to someone, they will gladly pay. Within an entrepreneurial mindset one is constantly refining the processes in which they currently use to bring value to the market place as well as developing new ones. Fuel this mindset with a burning desire to succeed, and you are only limited by your own imagination.

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