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Hey it's Matt

From: Matt
Sent on: Sunday, May 20, 2012 12:34 PM

Hi there,

 

You know we as entrepreneurs actually function in a very weird realm. All we're trying to do is figure out a business to make a living. But the sad reality is we're completely hemmed in an surrounded by so many obstacles, landmines and enemies.

 

It's pretty much no wonder most businesses fail within the first 5 years. What I'm speaking about specifically is this endless list of items that are in our path, you might not have even thought about but consider all these challenges you have to overcome:

 

And I know I haven't named them all but here's the list I came up with off the top of my head:

 

  • Bi laws

  • City regulators

  • Provincial regulators

  • federal regulators

  • Tax people, city, prov, and fed

  • Accountants

  • lawyers

  • other professional fees

  • suppliers

  • sub contractors

  • industry regulating bodies

  • competitors

  • lease owners / property owners

  • banks

  • shipping

  • health and safety

  • permits

  • licensing

  • employees

  • theft / vandalism

  • federal advertising regulators

  • problem customers

  • spoiling product

  • equipment breakdown

  • company vehicle costs

  • insurance coverage

  • corporations

  • fines

  • fees

  • lawsuits

  • loans

  • weather and natural disasters

  • industry evolution and changes

 

Like these are just some of the things we have to contend with that I can think of just off the top of my head. I'm sure there's tons more if you really put your mind to it. Like look at that list of items, it's that nuts???

 

Maybe it's no wonder in grade school they basically groom people to go get jobs. WAY EASIER than ever starting a business and having to contend with all this non sense.

 

I don't want to sound negative but honestly, if anyone ever showed me the obstacles I'd be up against when wanting to start a business, I would have quickly just found a nice cozy job and never tried a business, NOT EVER!

 

But I think when we're starting out we actually don't know any better so we just blindly trudge forward willing to brave all the problems we'd end up facing. It's also no wonder entrepreneurs are such independent thinkers.

 

If only the world only knew what we have to go threw and deal with just to put a loaf of bread on the table. All this crap we have to contend with just to feed our kids? Like seriously, give me a cozy day job any day over having to deal in the business arena. It's madness, nothing but shier madness really when you think about it!

 

You know I can just picture a time say 200 years ago. You're an entrepreneur. You go out and get a piece of land at little to no cost. You build your house out of what was available. Then you simply borrow some seed from your neighbor to plant some crop and build from there. And nobody to come bug you, harrass you, bother you and steal your stuff. Probably still a lot to contend with I'm sure but in theory it seems so much less complicated than these million vultures we have circling around us looking to feed off our carcas as we starve under the hot sun, ha ha ;-p (honestly I wish I was joking)

 

Like I have to look at you all and just say, lady's and gentlemen, we honestly must be crazy, why didn't we all just go find jobs? Why?? please someone tell me why??? Life would have been so much easier! Like if I could get my hands around the neck of whoever told me to go into business for myself awhhh they'd be in trouble! lol ;-p That's got to be the worst piece of advice I ever got. But once you've been an entrepreneur for long enough you can't exactly just go get a day job anymore. It's all we know now and contending with all the vultures seems completely normal which is so sad.

 

But it is what it is right. And it takes all types for the world to function so the world needs us. All we can try and do is make the best of it and try and use the advantages we have as business owners. Namely that if we get one thriving business going we could be set for life. Also I think there's a few saving graces that we actually have playing to our advantage right now in a major way that we really should try and take full advantage of.

 

These areas are actually structured in a way to allow us to thrive as they insulate us from many of the items I listed earlier. These are a few of the saving graces I found. These areas of entrepreneur ship might include:

 

  1. Surprisingly, network marketing. I know network marketing can be fairly challenging to do well at. And I don't go out of my way to necessarily recommend it either. But all I can say is you really got to train yourself to become an industry professional but at least it insulates you from many of the burdensome items I previously mentioned.
  2. The next that comes to mind is starting your own website. So if you can build some kind of internet business it too has so many advantages it's not even funny! Like for example take a look at what this fellow is up to online: http://tinyurl.com/6q7mzrz I also found this other system for those who no very little about internet markeing or building websites: http://tinyurl.com/c2xy4cn
  3. And also online affiliate marketing is a great way to make some great money online without having to even start an online business. You simply get paid a commission of any item you refer others to. You can look on youtube or clickbank for examples of affiliate marketing and how it works.
  4. There's also this new opportunity I found. It's creating basically an ebook and putting it on Kindle. Apparently a lot of average people are making excellent royalties with a simple ebook they wrote or got written for them and placed on there. More on how that works here: http://tinyurl.com/c2g9vsk

 

Anyway, that's about it for now. So we do have a lot of challenges we have to deal with but I do like the fact that we think for ourselves, call our own shots, and pull our own strings which is a nice feeling.

 

We're having the next Edmonton Entrepreneur Meetup group on June 11th at 7pm at the Starbucks on 178st and 69 ave.

 

Definitely come out and network at the group, hope to see you out there.

 

 

Matt

http://www.meetup.com/edmontonentrepreneur/

 

Please rsvp

 

 

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