Employee to entrepreneurial mentality....

I've noticed something with myself.... Somewhere along the line, of being a university student then an employee, I had gotten the idea that it is not okay to succeed financially. I've had to convince myself that making money (ethically) is a good thing to do.... That's because it keeps you self-sufficient, and then you won't be a burden on others or on society.... (You can contribute to society instead....)

It's as if I've had to give myself permission to succeed financially, or even to convince myself that it is good.... I guess as an employee, in a sense, you become used to getting your wage, and you don't have to convince others that you deserve it every week.... So there is a big change in going from an employee mentality to a more "entrepreneurial" mentality....

Can anyone else relate to this?

- Dien

The middle class mind set is oftimes a major problem to beginning business people. All their lives they have heard of the evils of having money and, although they want to be rich, they do not want to succumb to the evil of being rich.

My Daddy set me straight on the subject when I was but 10 years old ...

The small community in which I was reared had 1,000 population (counting cats & dogs) and was by & large a Protestant town ... we had a few Jews, but they didn't count ... and one (Irish) Catholic family. Anywho ... the school sponsored a lyceum featuring a Catholic Priest who told us all about the Holy Roman Church; the Priesthood; etc. -- He made a big point of taking a vow of poverty.

When I got home, I asked my Daddy why anyone would want to be poor ... and told him about the Priest's vow of poverty. -- He set me straight when he told me:

"Son, they take a vow of poverty so they can help people - but - lemme tell ya something, a poor man can't even take care of himself, let alone help others. On the other hand, a rich man can help more people in one day than a poor man can in a lifetime."

That's when I decided to get rich ... so I could help more people in one day than a poor man could in a lifetime.

Think about it that way ... then do it. You would be amazed at the rewards far beyond the money you'll make.

Jim


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> The middle class mind set is oftimes a major
> problem to beginning business people. All
> their lives they have heard of the evils of
> having money and, although they want to be
> rich, they do not want to succumb to the
> evil of being rich.

Yes, I believe this can be a big, huge, monstrous problem!

It's like a little monster inside your head, holding you back.... Even though you may know the techniques, there's that little feeling in there saying you "shouldn't" do it!

But, in reality, as you say Jim, you can do much more good when you have more than when you have less....

And at the other end of the scale, you won't be a burden on those around you or on society....

> My Daddy set me straight on the subject when
> I was but 10 years old ...

> The small community in which I was reared
> had 1,000 population (counting cats &
> dogs) and was by & large a Protestant
> town ... we had a few Jews, but they didn't
> count ... and one (Irish) Catholic family.
> Anywho ... the school sponsored a lyceum
> featuring a Catholic Priest who told us all
> about the Holy Roman Church; the Priesthood;
> etc. -- He made a big point of taking a vow
> of poverty.

> When I got home, I asked my Daddy why anyone
> would want to be poor ... and told him about
> the Priest's vow of poverty. -- He set me
> straight when he told me:

> "Son, they take a vow of poverty so
> they can help people - but - lemme tell ya
> something, a poor man can't even take care
> of himself, let alone help others. On the
> other hand, a rich man can help more people
> in one day than a poor man can in a
> lifetime."

> That's when I decided to get rich ... so I
> could help more people in one day than a
> poor man could in a lifetime.

Thanks Jim for this story! Your Daddy was a wise man....

I'm only learning this lesson now, and tackling that monster in my head which is trying to hold me back....

> Think about it that way ... then do it. You
> would be amazed at the rewards far beyond
> the money you'll make.

Thanks, this is a tough problem, because you can't see, hear, smell, taste, or even touch it.... But it's still in there, holding many people back.

To fight it, you have to really believe it is good to make that money....

The more money you make in an ethical way, in general the more lives you are improving, the more problems you are solving, and the bigger your contribution is to society.

Money is made by solving people's problems, making them happier in some way, or showing them how to do this themselves.... And that's a very good thing!

- Dien

Hi Dien, Gordon, and everyone for that matter!

Firstly, I must apologize for not visiting this site recently - business has been kind of crazy - and I havent had enough time to spend surfin the net - I must say it's hard to keep up with all the good info posted on this forum!

Anyway .... its a very interesting topic Dien. Ive had businesses with over 100 employees working for me. The times when I have got the most out of my employees is during the period when their mind shifts from being and employee to being a entreprenuer. The problem being, once you shift their thinking to being a "fully fledged" entrepreneur (someone who wants to make money for themself), they start thinkg about leaving and starting their own business - making money for themselves.

Don't get me wrong, I love to see people succeed, but in my previous business the biggest part of the training I have carried out with my employees has bee personal development - eventually, people wake up that they can succeed, they can make money for themselves, and I tell you... on more than one occasion my best employees have become "my biggest competitors".

I guess it means my training worked!!

Good profits to you all...
Jason van Hooft


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Hi Jason!

> Anyway .... its a very interesting topic
> Dien. Ive had businesses with over 100
> employees working for me. The times when I
> have got the most out of my employees is
> during the period when their mind shifts
> from being and employee to being a
> entreprenuer. The problem being, once you
> shift their thinking to being a "fully
> fledged" entrepreneur (someone who
> wants to make money for themself), they
> start thinkg about leaving and starting
> their own business - making money for
> themselves.

> Don't get me wrong, I love to see people
> succeed, but in my previous business the
> biggest part of the training I have carried
> out with my employees has bee personal
> development - eventually, people wake up
> that they can succeed, they can make money
> for themselves, and I tell you... on more
> than one occasion my best employees have
> become "my biggest competitors".

> I guess it means my training worked!!

Jason, that's a great insight....

It probably shows that MANY people (everyone?) can become an entrepreneur....

What they need is to be shown how, and given the self-confidence to go through with it....

When you think about it, if you go back in history far enough, probably everybody was an entrepreneur of some kind.... A person was either a farmer, a shoe maker, a butcher, a witchdoctor.... All forms of business!

Regarding your employees, this probably ties in to what Dan Butler was saying (elsewhere in the forum).... The best and most talented employees like challenges, and what bigger challenge is there than to go into business for yourself? (I must admit, the challenging aspect of starting your own business has helped to inspire me.... :)

Thanks Jason, great post!

- Dien