With respect, and I know Kim would probably share my view on this,
most folks coming from a 9-5 world, or home-maker, etc., have NO
CONCEPT of the hours it takes to make one's business a success.
Yikes, I don’t think I’m in any hurry to move into that kind of
business, but yes, I do share your view and, yes, you’re crazy
Ok, I’m going to take a lot of flak for this question, but so what.
I have been trying to figure it out for a long time.
Since the time I started thinking about going back into my own
business, I have (naturally) been studying other people who have
their own businesses. There seem to be 2 camps, so to speak.
My neighbor up the road has a dental practice. He’s always home by 5
and always smiling. His hobby is collecting cars and he lives in
about a 4000 square foot house with a nice view of Long Island Sound.
My periodontist retired a couple of years ago after a long time spent
constantly complaining about the lack of money and yet, there were
always patients in and out.
The owner of a running store in the next town over just opened her
second store. Still, she has countless hours to spend jogging with
aspiring runners, attending local races, and just having a good
time. She’s in her late 40’s and looks and acts like she’s 20.
Please don’t ask me the name of the person on Orchid, but there was
a post a while ago that this person lives what he calls an
"honorable" life making a “modest” amount of income from his 20
something year old business. What is so dishonorable about making
money? Why would you do something for 20 years that afforded you only
a modest amount of income?
What is the difference between those who pull all-nighters and just
make it by and those who have plenty of free time and manage to
acquire 2 or more successful businesses? I hear a lot of excuses.
People say things like “oh, that guy inherited money” or “she’s got
friends in the right places”, but, honestly, that can’t be it.
I think I may have what it takes to succeed (if I didn’t I would
have gone back to being an accountant a long time ago). In college, I
never pulled an all-nighter. I worked 32 hours a week, went to school
full-time at night, and graduated with a 3.4 in my Major. I worked
as a Russian linguist in the Air Force (a field that has a 50%
attrition rate) and managed to maintain a 95% accuracy rating (rare).
I seemed to have figured out how to do well. I have faith (in myself)
that I will do well in my own growing business also, but I am in no
hurry to do anything that requires me to pull all-nighters or enjoy a
The two things that you don’t need to tell me are that I am arrogant
and over confident. I already know these things. I’m also
hard-working, driven, and pretty smart.
I would love to hear the opinion of Mr Geller on this topic. He
probably has run into plenty of business owners from both “camps”. I
don’t mean to insult anyone. It’s an honest question. What makes some
succeed and others just get by? Also, I would love to know if there
are good seminars out there on successful entrepreneurship in the
jewelry industry…and, if I could, I would underline successful
Let the verbal flogging begin.