NOVEMBER 2012 Greetings & Salutations: Believe it or don't, I just flunked another test for "entrepreneurial" traits! From my test score, it appears I am probably better adapted to washing dishes than running a business. Then again, according to the governing laws of aerodynamics, Bumble Bees can't fly either. Let me tell you a TRUE STORY about those tests. -- You've seen them. They usually have a headline like ... Do You Have What It Takes To Become An Entrepreneur? Back in 1977, an old millionaire friend of mine ... in his late 70s ... sent me a 20-question test with a personal note asking me to answer the questions and return them to him. -- He said he was conducting an experiment and wanted honest answers ... no fudging allowed ... to all of the questions. So, I answered the questions and returned them to him. A couple months later, the old millionaire sent me a letter detailing his experiment and reporting the results. The "test" he had sent to me had been published in a big-name, prestigious business magazine, with a self-scoring answer-sheet at the end of the article. -- It was the "work" of a world-renowned psychologist. After he had taken the "test" in the magazine, my old friend was disappointed to learn that he didn't have what it took to be an entrepreneur. -- As a matter of fact ... even though he had been a real entrepreneur all his life with millions of real dollars in the bank to prove it ... his "test" results indicated that he should have been a 40-hour-per-week wage-slave and put all his money in safe and secure bank deposit accounts. Having failed the "test" ... miserably ... he decided to send a copy of the "test" to 35 real entrepreneurs he knew, just to see if he was some kind of psychological freak. -- Maybe he was just a Bumble Bee, flying with the F-14 fighters. All 35 of the real entrepreneurs ... including me ... who received the "test" from him were self-made millionaires ... no inheritors or lottery winners. Their educational backgrounds ranged from elementary school dropouts to a few with doctorates ... ranging in age from their mid-20s to late-80s. Guess what? -- According to the "test" ... not one of us had what it took to be an entrepreneur. We all failed the "test." The old millionaire sent the fully-documented results of his experiment to the world-renowned psychologist who had created the "test." To which the learned psychologist responded, "The traits indicated in the test are necessary to becoming an entrepreneur but they are not required to be an entrepreneur." In other words ... If you pass the "test," you have what it takes to become an entrepreneur - but - you can't be one. So ... why did I tell that story? Well, I'll tell ya. -- After taking and flunking a number of those tests, I, myself, got to wondering ... What Does It Really Take To Be An Entrepreneur? Since I couldn't find an answer in my own experience, I started asking each and every successful entrepreneur I met, "What motivated you to start and succeed in your own business?" As you can imagine, the answers I received ranged from the ridiculous to the sublime ... from mystical hocus-pocus to ultra-logical reasoning ... from irrational psycho-babble to textbook business plans. Then, a few years ago, a young millionaire ... in his early 30s ... solved the riddle for me. He looked me straight in the eyes and said ... "I don't really know. One day, I decided to do it and just did it!" So ... all it takes to be an entrepreneur is a decision to be one. -- Once the decision is made, you will do it! The decision is yours and yours alone!
NOVEMBER 2012
Greetings & Salutations:
Believe it or don't, I just flunked another test for "entrepreneurial" traits!
From my test score, it appears I am probably better adapted to washing dishes than running a business. Then again, according to the governing laws of aerodynamics, Bumble Bees can't fly either.
Let me tell you a TRUE STORY about those tests. -- You've seen them. They usually have a headline like ...
Back in 1977, an old millionaire friend of mine ... in his late 70s ... sent me a 20-question test with a personal note asking me to answer the questions and return them to him. -- He said he was conducting an experiment and wanted honest answers ... no fudging allowed ... to all of the questions. So, I answered the questions and returned them to him.
A couple months later, the old millionaire sent me a letter detailing his experiment and reporting the results.
The "test" he had sent to me had been published in a big-name, prestigious business magazine, with a self-scoring answer-sheet at the end of the article. -- It was the "work" of a world-renowned psychologist.
After he had taken the "test" in the magazine, my old friend was disappointed to learn that he didn't have what it took to be an entrepreneur. -- As a matter of fact ... even though he had been a real entrepreneur all his life with millions of real dollars in the bank to prove it ... his "test" results indicated that he should have been a 40-hour-per-week wage-slave and put all his money in safe and secure bank deposit accounts.
Having failed the "test" ... miserably ... he decided to send a copy of the "test" to 35 real entrepreneurs he knew, just to see if he was some kind of psychological freak. -- Maybe he was just a Bumble Bee, flying with the F-14 fighters.
All 35 of the real entrepreneurs ... including me ... who received the "test" from him were self-made millionaires ... no inheritors or lottery winners. Their educational backgrounds ranged from elementary school dropouts to a few with doctorates ... ranging in age from their mid-20s to late-80s.
Guess what? -- According to the "test" ... not one of us had what it took to be an entrepreneur. We all failed the "test."
The old millionaire sent the fully-documented results of his experiment to the world-renowned psychologist who had created the "test." To which the learned psychologist responded, "The traits indicated in the test are necessary to becoming an entrepreneur but they are not required to be an entrepreneur."
In other words ...
If you pass the "test," you have what it takes to become an entrepreneur - but - you can't be one.
So ... why did I tell that story?
Well, I'll tell ya. -- After taking and flunking a number of those tests, I, myself, got to wondering ...
Since I couldn't find an answer in my own experience, I started asking each and every successful entrepreneur I met, "What motivated you to start and succeed in your own business?"
As you can imagine, the answers I received ranged from the ridiculous to the sublime ... from mystical hocus-pocus to ultra-logical reasoning ... from irrational psycho-babble to textbook business plans.
Then, a few years ago, a young millionaire ... in his early 30s ... solved the riddle for me. He looked me straight in the eyes and said ...
So ... all it takes to be an entrepreneur is a decision to be one. -- Once the decision is made, you will do it!
The decision is yours and yours alone!
Now, let's do some ... Questions & Answers, Comments & Other Good Stuff! A member, who shall remain anonymous, asks: "Why do you promote other people's products and services in your newsletter but you won't even mention my program?" Hate to tell ya this, ol'buddy - but - the program you want me to mention is nothing more than a "hot-air sandwich." It offers absolutely nothing of real value to the buyer and is based upon a wide range of misconceptions, misunderstandings and outright lies. -- I won't waste my valuable time or space on it. -- Besides, I don't want any of my readers to fall into the same trap you have.
Now, let's do some ...
A member, who shall remain anonymous, asks:
"Why do you promote other people's products and services in your newsletter but you won't even mention my program?"
Hate to tell ya this, ol'buddy - but - the program you want me to mention is nothing more than a "hot-air sandwich." It offers absolutely nothing of real value to the buyer and is based upon a wide range of misconceptions, misunderstandings and outright lies. -- I won't waste my valuable time or space on it. -- Besides, I don't want any of my readers to fall into the same trap you have.
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This New Report Reveals How An Unorthodox Former Army Officer Used These Little-Known Covert Persuasion Methods To Triple His Personal Income And Make Millions Of Dollars For His Clients
It s no surprise most business owners, entrepreneurs, marketers, salespeople, and self-employed professionals haven t heard of these unconventional persuasion tactics before. They re never taught at business schools, in corporate training programs, at sales and marketing conferences, or through online training. But once you read about these little-known persuasion tactics c you ll be ahead of 99.99% of your competitors. And when you start using them, you could consistently multiply your income year after year, while working less and less. Check it out for your own self at ... http://optimij.marek10101.hop.clickbank.net You won't be disappointed.
David Breth tells me ... "Here is a valuable resource (free) for business owners and entrepreneurs -- This is a place to share tips, insights and advice to help small business owners and entrepreneurs grow their bottom line and enhance their personal lives." Check it out for your ownself ... and remember, it's FREE! http://www.facebook.com/groups/marketingsmallbusiness
David Breth tells me ...
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Sarah Palmer wants me to give ya a gift ... "I have been a reader of yours for years now and really enjoy your down to earth and helpful approach - quite rare to find these days. -- For several years I've been selling products online reasonably successfully and have recently moved into the internet marketing niche. -- As I have been building my list of subscribers in the IM niche I have started documenting the process so that I can show the work involved to others and successes and failures of any methods that I undertake. -- One thing that I have found hugely useful is a technique which I call my 'List Building Secret Weapon'. -- My thoughts are that if you like the product, you could give it away to your Business Lyceum e-Letter readers." So ... go get your FREE copy at: http://imreportclub.com/LBSW/JimStraw.htm
Sarah Palmer wants me to give ya a gift ...
"I have been a reader of yours for years now and really enjoy your down to earth and helpful approach - quite rare to find these days. -- For several years I've been selling products online reasonably successfully and have recently moved into the internet marketing niche. -- As I have been building my list of subscribers in the IM niche I have started documenting the process so that I can show the work involved to others and successes and failures of any methods that I undertake. -- One thing that I have found hugely useful is a technique which I call my 'List Building Secret Weapon'. -- My thoughts are that if you like the product, you could give it away to your Business Lyceum e-Letter readers."
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Allen Bisconti says ...
"Here's something pretty awesome, allows people to wipe out their cell phone bill, have unlimited talk, text, and internet, and make money referring others."
Check it out for your ownself ... http://www.invisionholdings.net
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Looks like a totally unique idea. Check it out at: http://igg.me/p/262044?a=948291
Well ... that's it for this month. -- In order to make every issue responsive to YOUR needs, please send me your questions; or tell me what sources or resources you need to build your business; or give me any thoughts you want to share with your fellow members. Believe it or don't ... I ain t a mind-reader. -- If n you doesn't tell me what you need, I may never touch upon the information, sources or resources you need. This is your publication for you to use to your benefit .. I am just your moderator. Until next month, keep well ... J.F. (Jim) STRAW Grande Panjandrum
Well ... that's it for this month. -- In order to make every issue responsive to YOUR needs, please send me your questions; or tell me what sources or resources you need to build your business; or give me any thoughts you want to share with your fellow members.
Believe it or don't ... I ain t a mind-reader. -- If n you doesn't tell me what you need, I may never touch upon the information, sources or resources you need.
This is your publication for you to use to your benefit .. I am just your moderator.
Until next month, keep well ...
J.F. (Jim) STRAW Grande Panjandrum
Thoughts For The Month! "Trust that little voice in your head that says "Wouldn't it be interesting if.."; and then do it." --Duane Michals "Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing had happened." --Winston Churchill
"Trust that little voice in your head that says "Wouldn't it be interesting if.."; and then do it." --Duane Michals "Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing had happened." --Winston Churchill
Can you stump the old master? -- Betcha can't! Over the past 50 years (man and boy), I have made bundles of money in direct selling, service contracting, wholesale merchandising, entertainment (I was a professional Trumpet player, vocalist & Radio Announcer), freight forwarding, import/export, retail merchandising, warehousing, real estate, electronics manufacturing, finder's fees, closeout merchandising, financial brokerage, business consulting, steel fabrication, gold and coal mining, offshore banking, mailorder, writing, and publishing. -- That being the case ... No matter what business you're in ... whether you're just starting, well on your way, or at the top of the heap ... I've probably been where you are, done what you are doing. -- So ... Anytime you have a question about 'how' to do something in your business - or - if you have any comments about anything I've said in issues of this e-Letter; or if you want to add your 2 cents worth ... just "ask" me or "tell" me. Send your Questions, Comments or 2 Cents Worth to ... with "Question" - "Comment" - or, "2 Cents Worth" in the SUBJECT. If I, personally, don't have an answer to any question you may ask, I will contact some of the professionals in your field of endeavor (I will probably know one or more personally) to get the real 'skinny' for you. Note: If you want to ask a question anonymously just tell me so when you send in the question. -- Nobody but you and I will know who asked the question.
Over the past 50 years (man and boy), I have made bundles of money in direct selling, service contracting, wholesale merchandising, entertainment (I was a professional Trumpet player, vocalist & Radio Announcer), freight forwarding, import/export, retail merchandising, warehousing, real estate, electronics manufacturing, finder's fees, closeout merchandising, financial brokerage, business consulting, steel fabrication, gold and coal mining, offshore banking, mailorder, writing, and publishing. -- That being the case ...
No matter what business you're in ... whether you're just starting, well on your way, or at the top of the heap ... I've probably been where you are, done what you are doing. -- So ...
Anytime you have a question about 'how' to do something in your business - or - if you have any comments about anything I've said in issues of this e-Letter; or if you want to add your 2 cents worth ... just "ask" me or "tell" me.
If I, personally, don't have an answer to any question you may ask, I will contact some of the professionals in your field of endeavor (I will probably know one or more personally) to get the real 'skinny' for you.
Note: If you want to ask a question anonymously just tell me so when you send in the question. -- Nobody but you and I will know who asked the question.
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