Author: David

(Don’t waste your time on bullshit resolutions you’ll surely drop anyway…!)

Here are my suggestions:

1) I shall use my laziness as an advantage. With the proper direction, laziness can motivate you to find easier ways to do things in less time. And when you create a way to do this for other people, you get rich! (By selling your products and services to help other ‘lazy’ people like you.) That’s how I invented MBAbullshit.com… offering super easy and quick ways to learn, for people lazy to study or go to class!

2) I shall sit back and watch. Opening a successful business isn’t about getting inspired after watching an entrepreneurship documentary, and then deciding to suddenly set up a business (and then hoping and praying that people may choose to buy from you). It’s about always being very observant as to what people want, need or may want or need. This increases your chances of success and minimizes risk of failure.

3) I shall satisfy my selfishness. It’s ridiculous how many people actually ‘avoid’ entrepreneurship and earning money because they believe it’s selfish. But actually, YES IT IS. However, you being poor does not help the poor in any way, other than helping them “feel like you’re together with them.” If after being observant you see a good opportunity, go for it. And when you are rich, you can help all the poor people you want if you please. And hey, think about it… Who really deserves the charity awards more… a non-profit poor dude who lives with the poor and creates jobs for 500 people, or a “greedy” multi-millionaire who creates jobs for 100,000? Oh, by the way, money can buy happiness (if used properly, of course!).

How about you? What other powerful but easily doable resolutions might you do? I’d like to hear your comments.

A U.S. presidential candidate this year suggested that entrepreneurs need to take more risks.

Anyway, what does this mean for us business students or executives or entrepreneurs?

Does being a “risk-taker” or “non-risk-taker” really help define whether you can be an entrepreneur or not? Or whether you can be a successful entrepreneur or not?

In my own humble opinion, the answer is yes and no.  Yes, we need to take risks.  However, my (very personal) definition of a kick-ass entrepreneur is someone who’s both successful and obsessive about increasing the potential for profit while chopping down risk as much as possible.  This not only means investing very LOW capital, but also NOT HAVING TO QUIT YOUR DAY-JOB OR SCHOOL.(Actually, they can work well together…)

Luckily, we live in very interesting times, where we have great opportunity to set up great businesses with very great profit-potential using VERY low capital ONLINE; and just using great ideas based on our own inherent super-skills (i.e. great idea: this site; my inherent super-skill: explaining super complicated topics in a super simple way).   I’m sure you have your inherent skill too somewhere.  I eventually want to set up another site helping business students or graduates set up their own successful online businesses with extremely low investment. (Honestly, it completely puzzles me why so many startups need to raise so many millions of dollars from venture capitalists and give up such a big portion and control of their companies. )

How about you?  Do you dream of setting up your own online biz for very low capital?