May your engine never run out of fuel

Hello everyone...

It has really been a long time since I have written anything on this blank page of Mr Blog...long indeed that if it were a human being, it would be sulking and refusing to be ever written anything on it anymore...fortunately, this Mr Blog has a lot more sense of humor than any human being I've encountered so far.....

Anyway, what prompted me to write today...?I was doing a little reading on something I have had a great interest in, since I was a young girl and I found the information was great and I feel obliged to share with anyone who cares.....

What I wanna share with you all is about being an entrepreneur.....for the wannabes out there..

Here goes:

1) You do not need a grand vision when you start a new business.Those with grand visions usually spend most of their time daydreaaming....

*So No Big Idea is ok.....But you do Need a good and solid idea on how your business model can compete.

*Intimate industry knowledge will allow you to stand a fighting chance of surviving in the early years, otherwise it will be a very steep learning curve indeed and you must be prepared for the bumpy ride of your life....

2) Business plans based on personal viewpoints and beliefs are flawed and doomed to fail

3) Forecast numbers plucked from the clouds are unrealistic and unattainable

What needed to be done are:

1) Start small

2) Think big (margins)

3) Stay slim ( overhead )

4) Avoid fat ( hopes )

5 Count right

6) Put your head down and get on with the business --> JUST DO IT

The journey of an entrepreneur normally:

1) starts with a glamour of hope, followed by

2) some sprinkling of success and

3) visions of grandeur, finally

4) the reality of need to reinvent itself caught up, if not you will just fade away...in this man eats man dynamic world.

Final remarks:

If you have poor vision, put on your glasses, so that you can see clearly the road ahead, warning signboards, speed limits, road bumps and potholes.May your engine never run out of fuel....

Finally , until I get inspired to write or share again, remember these: As an entrepreneur, you need these; SOLID BUSINESS MODEL AND ABILITY TO REINVENT......until then, live with passion and take care.....