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Old 08-24-2010, 12:57 PM   #1
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Are you born an entrepreneur?

Just something that popped into my head,
A huge part of being a entrepreneur is the dedication, burning desire, mindset and overwhelming self-belief - i guess which can be grouped into "mindset"

A mindset can be learnt and adapted to over time, what i want to ask is are you born an entrepreneur, just in your natural trait or is it something we condition ourseleves to in life or could it be something thats taught at an academic level, i dont mean the business skills, like book management, marketing etc, i mean the entrepreneurial. . .gene....if you like ?!

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Old 08-24-2010, 01:01 PM   #2
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yes you 100% can be. i remember being in grade 2 hustling kids for money for some club i made up.

i opened my first hosting company at 15. didnt turn out at alllllllll lol but i learnt a whole fucking lot thats for sure.
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Old 08-24-2010, 01:04 PM   #3
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You need the motivation and something available to buy and sell.

Proper born entrepreneurs never seem to lose the motivation to keep doing business long after they have more money than they can ever spend.
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Old 08-24-2010, 01:04 PM   #4
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Yes I am.

I have always been creative, and even as a kid knew I wanted to work for myself. It was just a matter of time before finding the way to do it and make enough stable money. I am perfectly happy doing what I do. Living and dying on my own sword.
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Old 08-24-2010, 01:04 PM   #5
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sweet.

i was thinking maybe it's tied in with some natural survival instinct, like we all need money, so theres those that will do everything they can to make it where as others will gladly sit back and accept government hand outs
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Old 08-24-2010, 01:05 PM   #6
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It's called not being a lazy fuck and not wanting to be a working class schmuck like most of society.

It's either this:


Or this:
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Old 08-24-2010, 01:06 PM   #7
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You need the motivation and something available to buy and sell.

Proper born entrepreneurs never seem to lose the motivation to keep doing business long after they have more money than they can ever spend.


yup, i guess its progression:

as a start up you want to be rich
you start making deals and money
you make big money
your financially comfortable
prioritys change and it all becomes about the deal and success rather than financial gains ?
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Old 08-24-2010, 01:06 PM   #8
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You need the motivation and something available to buy and sell.

Proper born entrepreneurs never seem to lose the motivation to keep doing business long after they have more money than they can ever spend.
yup.

also, true entrepreneurs don't lose motivation after experiencing failure.
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Old 08-24-2010, 01:10 PM   #9
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Old 08-24-2010, 01:10 PM   #10
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I don't think I gave it much thought early in life, but it was the only viable option for me after spending a few years with the alternative.

I don't deal well with people's bullshit and bullshit is all you get working for someone else.
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Old 08-24-2010, 01:12 PM   #11
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Old 08-24-2010, 01:15 PM   #12
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yup.

also, true entrepreneurs don't lose motivation after experiencing failure.
Well said.

You will learn more from your failures than you will from success. Read books on any of the millionaires out there and their life story. They all will say something along those lines.

You never fail as long as you get back up, dust yourself off, and keep trying.
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Enough Said.

"Would you rather live like a king for a year or like a prince forever?"

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Old 08-24-2010, 01:20 PM   #13
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Old 08-24-2010, 01:20 PM   #14
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means to an end. never been a stingy fuck.
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Old 08-24-2010, 01:29 PM   #15
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In the 5th grade I would go to the bulk store with my mom and buy giant boxes of bubble gum, take it to school and sell it by the piece for .25 cents. At that time that was a huge profit considering how cheap I was buying the gum.

I hustled dumb shit like that until I could drive, then I started scalping concert tickets on a large scale. Did that all through high school and then they changed the rules on how you can get the tickets so stopped that just in time to finish school.

Had some other jobs here and there (usually short lived) but I've always tried to be out on my own.
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Old 08-24-2010, 01:38 PM   #16
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yea, I think you are born with it, some people just get it, most don't... I've tried pitching some business ideas to friends in the past and always get "Huh? Why would I do that? I have a day job..."
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Old 08-24-2010, 01:47 PM   #17
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I don't agree with most of what he says.
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Old 08-24-2010, 01:50 PM   #18
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More clueless banter.
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Old 08-24-2010, 02:07 PM   #19
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I think it can be a little of both. I know guys that were hustling to make a buck even in grade school. They would buy pop and candy at the store then sell it to the other kids at school - things like that. Now these guys are working regular day jobs yet they are still trying to find that one thing that will get them rolling in a business. While other guys who I would have never guessed would be self-employed are.

I think a big part of it simply having the mindset that you can do it, being passionate enough that you are willing to work hard and hating the idea of working for other people. I also think some of it is your personal situation. I know a guy who has a million ideas, but never follows through with them or when he does they start making some money, but he doesn't ever take that next step. The reason is he is married and has two kids that he has to support and he is afraid that he won't be able to support them if he strikes out on his own.

So the born part is not being afraid to shed the security of a regular paycheck, but the learned part is teaching yourself to be disciplined enough to work hard, follow through and get things done.
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Old 08-24-2010, 02:07 PM   #20
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My main motivation as an entrepreneur is to avoid assholes I don't like dealing with. It's much harder to accomplish that in a 9 to 5 office job.
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Old 08-24-2010, 04:26 PM   #21
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So the born part is not being afraid to shed the security of a regular paycheck, but the learned part is teaching yourself to be disciplined enough to work hard, follow through and get things done.
I think that pretty much sums it up, as does the rest of your post, being born with it and then follow through with no fear, especially in later life when bills keep dropping through the door
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Old 08-24-2010, 07:48 PM   #22
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I've been an entrepreneur as long as I can remember. My father was one too, it's got to be genetic.
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Old 08-24-2010, 07:56 PM   #23
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hate to break it to you some of you cats but buying bubble gum at wholesale and selling it with a mark-up is hardly entrepreneurship. just like cutting lawns, cleaning swimming pools (which i did at 11 years old), etc. isn't being an entrepreneur.

an entrepreneur iinnovates, creates, adds value by generating new products or services.
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Old 08-24-2010, 08:00 PM   #24
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Old 08-24-2010, 08:01 PM   #25
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hate to break it to you some of you cats but buying bubble gum at wholesale and selling it with a mark-up is hardly entrepreneurship. just like cutting lawns, cleaning swimming pools (which i did at 11 years old), etc. isn't being an entrepreneur.

an entrepreneur iinnovates, creates, adds value by generating new products or services.
Actually, that is what Warren Buffet among others have done. Buy shit in bulk, add 20%, and resell it. I also believe this is the Walmart among other business approach. While not cutting edge by any means, it seems to work like a charm.

IF you can sell.
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Old 08-24-2010, 08:07 PM   #26
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Actually, that is what Warren Buffet among others have done. Buy shit in bulk, add 20%, and resell it. I also believe this is the Walmart among other business approach. While not cutting edge by any means, it seems to work like a charm.

IF you can sell.
i don't consider buffet an entrepreneur. he considers himself a business man. big difference between the 2.
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Old 08-24-2010, 08:12 PM   #27
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Webster says that an entrepreneur is:

one who organizes, manages, and assumes the risks of a business or enterprise

http://www.merriam-webster.com/dictionary/entrepreneur

I'm not particularly attached to the word myself, but it does seem to apply to what many of us do.
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Old 08-24-2010, 08:20 PM   #28
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Webster says that an entrepreneur is:

one who organizes, manages, and assumes the risks of a business or enterprise

http://www.merriam-webster.com/dictionary/entrepreneur

I'm not particularly attached to the word myself, but it does seem to apply to what many of us do.
well, buffet would certainly be considered an entrepreneur under that definition.
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Old 08-24-2010, 08:27 PM   #29
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well, buffet would certainly be considered an entrepreneur under that definition.
Correct.

However, my reference was more so taking the DWB age in his story into consideration with his Buffet style shenanigans. While others are trying to make mudd pies, he is trying to make money.
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Old 08-24-2010, 08:29 PM   #30
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Correct.

However, my reference was more so taking the DWB age in his story into consideration with his Buffet style shenanigans. While others are trying to make mudd pies, he is trying to make money.
the definition is one that's subject to interpretation. i tend to believe an entrepreneur is more of an innovator, not simply a business man. i admire buffett a lot, but as an investor/business man. hell, he was investing when he was a child, that's impressive.
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Old 08-24-2010, 10:02 PM   #31
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I don't think you necessarily have to be "born" an entrepreneur. I didn't realize I was to be one myself until I got fired from my first real job out of high school.

I was working for a sign company in California, run by a family of Jehovah's Witnesses. After a year of being berated for the million things about me that are taboo to them, I was fired. I received full payout of my accrued vacation time and sick leave, and the father of the family who ran the company told me that I needed to work for myself. He said I didn't take direction well, I had a problem with authority, and an attitude problem.

He was absolutely right. I was not meant to work for others. I have a major problem with authority, and I can be cocky and arrogant at times - usually because I'm thinking that the way you're doing something could be done better. Running my own companies, I'm free to do things EXACTLY as I see fit, and the results thus far have been ever so rewarding for me.

Also, the other thing I feel compelled to mention is force of will. How many of you know the feeling of the 80 hour work week? I do, and I know a lot of you do also. Having the willpower to subject yourself dutifully to HOWEVER MUCH it takes to forge success, is what makes us entrepreneurs. Being able to say "There is no IF, I WILL realize my goals", and having the attitude that you will weave your own fate from the very fibers of the universe, and applying that bottomless well of ambition towards your goal makes ANYTHING possible. This I think is the very heart of what it means to be an entrepreneur.
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Old 08-24-2010, 10:33 PM   #32
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I think that parents play a role to nurture the child, unless the child grows up in an orphanage or with no parents. Iif a child grows up completely in the wild, he is not going to be civilized at all. Let's say he never learned any language. Children don't know any language when they are born. They have to learn the language. However, the myth is that Remus and Romulus were nurtured by a female wolf.

As the saying goes, "show them the picture and see how they react to it."
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Old 08-24-2010, 11:27 PM   #33
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also, true entrepreneurs don't lose motivation after experiencing failure.
Quoted for truth.

Entrepreneurs have a different kind of desire in them. It's the kind that lets you work 16 hour days, work 7 days a week, go years without a vacation. It makes you all too willing to cut loose of all your friends and willing to keep at something when no one believes in you. It motivates you to be so focused you don't notice your girlfriend is gone until 3 weeks after she left you. Even years later and several ventures later the desire keeps you up at night obsessing about all the angles.

Entrepreneurs have stamina paired with an intense drive that most people just don't have.

I don't believe you can learn it. I also believe you can be a good business owner and still not be an "entrepreneur"
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Old 08-25-2010, 01:27 AM   #34
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no, you are not born with it, its conditioned in i think mostly at an early age (since you are born - the way your parents raise you etc).
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Old 08-25-2010, 01:56 AM   #35
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no, you are not born with it, its conditioned in i think mostly at an early age (since you are born - the way your parents raise you etc).
I think this actually has a lot to do with it. If you are raised in a house where your parents work regular jobs and you are told from a young age that you should work hard, go to school and get a good career you are probably more likely to do just that and less likely to strike out on your own than you would if you were raised in a family where you are told from a young age that you can start your own business and live on your own terms.

I also think some kinds who are raised in a very poor family get that drive because they lived poverty and they don't want to live it any longer.
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Old 08-25-2010, 05:01 AM   #36
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Quoted for truth.

Entrepreneurs have a different kind of desire in them. It's the kind that lets you work 16 hour days, work 7 days a week, go years without a vacation. It makes you all too willing to cut loose of all your friends and willing to keep at something when no one believes in you. It motivates you to be so focused you don't notice your girlfriend is gone until 3 weeks after she left you. Even years later and several ventures later the desire keeps you up at night obsessing about all the angles.

Entrepreneurs have stamina paired with an intense drive that most people just don't have.

I don't believe you can learn it. I also believe you can be a good business owner and still not be an "entrepreneur"

love this post!!
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Old 08-25-2010, 06:09 AM   #37
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Cheap psychology I gotta tell you...
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