ON BEING AN ENTREPRENEUR

entrepreneur - a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

  • RISK / STRESS - There is nothing relaxing about risking all your assets & financial stability.
  • BUY THIS BOOK < click that link. "92 Ways to Talk to Anyone"
  • TIME / ENERGY - Figuring out how to spend your time and effort efficiently is the biggest thing you will have to conquer. People [customers, employees, lovers, accountants, contractors, salespeople] will demand more of your time as you gain success. 
  • CASHFLOW / QUICKBOOKS - Sign up for mint.com today and start tracking your personal finances... this will prepare you for doing your business bookkeeping or at least prepare you for discussing it with an accountant.
  • CREATIVITY - It's hard to do everything else and still be creative but it's the most important aspect of a successful businessperson.
  • HIRE YOUR BOSS - If you like being creative... hire others who will do the things you don't want to do... like scheduling, taxes, payroll... etc. 

ON STARTING A BUSINESS

  • MAKE A BUSINESS PLAN
    • BUT DON'T MAKE IT A MONTH LONG PROCESS (YOU CAN CHANGE IT LATER)
  • FIND A PARTNER? someone that does & enjoy's the things that you do not
  • CREATE YOUR LLC & OPERATING AGREEMENT
    • MAKE AN OPERATING AGREEMENT - (THIS IS LIKE GETTING MARRIED)
  • GET YOUR EIN
  • CREATE A BUSINESS CHECKING ACCOUNT
  • BE READY TO WORK SEVEN DAYS A WEEK
  • COLLABORATE
  • BE PATIENT
  • FIND A PLATFORM - instagram / facebook / etc.

ON LIFE

Write out 1 through 5. List the priority of these 5 main life areas... 1 spot goes to what you care most about & 5 is what you will spend the least amount of time pursuing. 

  • INCOME - Are you cool with 30k or do you want to make 6 figures.
  • LIFESTYLE - Do you want to spend your time answering emails or sailing?
  • FAMILY - Do you need to be close by & available to family members?
  • RELATIONSHIP - My partner (future partner) & our life together is my priority
  • WORK - I want to enjoy my work (either creative work or career based work)

ON GRAD SCHOOL

ON GRAD SCHOOL /

  • SEEK FUNDING - There are reasons why you should look into a state school... I'm sad I didn't every month when I pay my grad student loan.
  • GO TO SCHOOL IN A DIFFERENT CITY THAN UNDERGRAD
  • LIVE IN THE LIBRARY - This is where the magic happens... learn from individuals in history that were amazing.
  • LIVE IN A VAN or CAR (at least every now and then)