Sub-Topic: NO PHD REQUIRED.
You can make money at everything and in everything. Many times we don't realize the simplicity in ideas and concepts. Reality Check: Ideas in action make money, nothing else. Just look around you. Everything that we touch and admire or use is something that someone has created-and that you likely bought. Entrepreneurship is all about the laws of supply and demand. You find the demand and fill the void with supplies. It doesn't necessarily have to be a tangible thing or a sage piece of advice based on years of formal schooling, as in the case of professionals like lawyers, doctors, scientists, engineers, PhDs and the like. It can be your expertise based on experience alone in an industry you've been a part of for a long time. (Note how close those two words are: expertise and experience.)
It can be a widget you craftily whip up in your basement or a secret family recipe you bake up and package beautifully to market. People have made successful businesses out of selling water. And there are plenty of people who simply have the idea but not all the critical know-how to live out their ideas on their own. Those types find others with whom to partner or hire and make the idea come alive-and with a greater chance of success. All entrepreneurs confront unfamiliar territory in the journey and that's when you reach out to others.
Granted, sometimes it does take a little more schooling to fine-tune your ideas and do the knowledge completely. That's okay. I'm not putting down formal education in the least. My point is that education is very important be it formal or informal. But I also want you to understand that degrees alone don't make the money-YOU make the money based on your bright ideas and how well you can execute them. YOU must take whatever education and degrees you receive and do something with them. Everyone's path will be different. You can, for example, get an idea going and educate yourself as you see fit, and especially once you know you've got something that is working. Institutions today provide for flexibility in giving you the education you need, so you don't have to lock yourself into a traditional setting for multiple semesters that can potentially distract you from focusing on your ideas. On the other hand, some careers do necessitate a dedication to formal schooling. If being a lawyer or architect channels your passions and skills, then you would do well to finish up that schooling quickly rather than drag it out endlessly. This will also keep your costs down and allow you to branch out sooner to use your degree in a variety of opportunities, maybe even establishing your own firm.
Is there an entrepreneurial gene? Can you be born with or without it? If there's one place in the world where people are born natural entrepreneurs, it's in third-world countries. Think about it: if you are born where you must get crafty for the sake of your own survival-to find the basics like food, water and shelter-you are going to awaken those entrepreneurial spirits automatically. People who immigrate to the U.S. typically have an "I can do anything" mentality. Why? Because they are coming to a place that, relatively speaking, offers limitless opportunities and little, if any, obstacles. Sure, not everybody in American would say their life is peachy king and absent of challenges to stay afloat financially and physically, but the struggles and strives immigrants endured in their home country pale in comparison to what they find when they land in the "Great U.S.A".-even if they do arrive with no money, no credit, little experience and no job lined up. I whole-heartedly believe we all have the potential to be entrepreneurs. It's encoded in our cells as humans who have been struggling to survive on this planet for millennia. Picture our ancestors who were met with life-threatening circumstances every day. They didn't have the luxuries we take advantage of today in our plush first-world, high-tech setting. Those who were courageous enough to venture farther out from the settled territories were the most risk-taking entrepreneurs. They sought the same things today's entrepreneurs seek-adventure, newness, autonomy and perhaps a better life.
##SAM#WHATSAPPGROUPTEACHING#
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