non boaty thoughts on entrepeneurs

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Heckler

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just watching bbc 2 prog 14/10/03 21:45, about millionaires and why they are millionaires, quote "entrepeneurs: cheat, ignore rules, work their rognons off and NEVER GIVE IN!"
anybody care to comment?
stu


<hr width=100% size=1>http://www.beneteau-owners-association.org.uk
 
Always think of entrepeneurs as stuffy old blokes who spend an unhealthy amount of time in the garden shed tinkering about making things like clockwork radios without shortwave. i.e. have no idea about the world about them, but have untapped talent.

And, the types that really should never become millionaires, as the only lifestyle changes they would make would be to renew their old cardigans. Like those who win the lottery and continue to work in terrible dead end jobs.

Good god I am in a bad mood tonight.

There is so much talent in this country wasted because bank managers cannot see a money maker, or the pay back might take longer than 2 years, so great ideas continually go over seas.

Although, if the inovations catalogue is anything to go by, lots of seemingly good inventions that will end up in charity shops within three months of purchase.

<hr width=100% size=1>Julian

<A target="_blank" HREF=http://www.topcatsail.co.uk/TC_IrishCruise_2003_00.html>Irish Cruise</A>
 
Always remember Tony O'Reilly's response to question about the formula for success : he was ex-British Lions, America's most highly paid CEO one year as Chairman of Heinz, now one of Ireland's richest men :

"You get up very early" he said, "you work hard with integrity until the late hours and you maintain a healthy régime " (or words to that effect).

"When you get people to believe this, you're halfway there..!"

John

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I seem to be in one of those dead-end jobs, (at least for now,,,I hope)without the perks.
I really like this forum. Seems there is always someone that has a really astute quote
or opinion.

regards.

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Didn't see the programme myself, however I also believe that there is an element of luck involved as well.

There is some truth in the old saying about the harder you work, the luckier you get. But there are also a large number of people who have done all the right things and still not succeeded due to setbacks outside of their control, eg illness, stock market crash, terrorist attack or whatever.

<hr width=100% size=1>I started out with nothing and still have most of it left.
 
Re: Well I is one..

an entrepeneaur that is not a millionare. I own a business that employs others that I started from no money and even less knowledge.

I'm not a millionaire because I don't value money as much as I value freedom.

Or I go sailing instead of working every chance I get.

I've done all right out of it though and I know enough millionaires to know that they are often driven my insecurity as much as confidence, they are fiercely competitive, they value money as a tool and as a way of keeping score, they are resilient and work harder than others.

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Re: Will you think

as they lower you in the box to your last mooring...........Ohh I really wish I had spent more time in the office and less on the boat/forums/images/icons/laugh.gif
The final suit you wear needs no pockets.

<hr width=100% size=1>If it aint broke fix it till it is.
 
Re: Will you think

When your best and only real friend dies suddenly, your whole view of life and money changes, even more so when your creeping upto 52!

Wishbone
Rolling, rolling, rolling keep them doggies moving!
Where’s me chuck wagon gone?


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Re: I\'ve never thought of work as compulsory.

As you say we keep getting the prompts that life is for living so thats what we should do.

I accept that many people are only fulfilled by a career and only happy at work but I'm not one of them.

I've been lucky that I've had a few interesting careers, always had a few quid in my pocket and had the time to be at home while my family grew up and to do things like sailing when I wanted.

I've watched how, for many people, the working day has got longer and longer, sure the rewards might have grown but work is taking up more of most peoples time than it did.

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I have found that many of the people buying boats now for the first time have a
WAKE up call of some kind. Whether someone has died or illness of a friend
or family member, or now made my money and now I am going to enjoy it,
Many people who have made large amounts of money say that they have been
very very lucky. It would be nice if every one could have a little bit of luck,
SO HERES WISHING ALL ON THE FORUM


GOOD LUCK.


<hr width=100% size=1>Julie
 
I always say that I work only to live, not live only to work.
I may not be a millionaire but I have my boat, a loving wife and great kids, who needs to be a millionaire.
Another thing I believe in is you can judge a mans success by the lenght of his funeral parade, not the size of his bank account.
I will talk to anyone and have a pint with anyone, maybe thats why I'm not a millionaire.

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worked since i was 14, left school at 16, apprenticeship, struggled a bit, went to work overseas in oil industry, made my lump, started a biz, failed miserably, had the good fortune to still have mates and contacts in the oil industry went back over seas and made another lump, came home and ended up starting 3 small successful bizes, town councillor, mayor, 4 yrs ago blood pressure going up, sod it girl lets sell up , buy a yacht and sail round world, ho hum, sold 2 bizes, bought my bene 351, probably wont go round world in her, life is a bit less frantic now and me and swmbo plan on the med maybe in a couple of yrs when binlids do uni or whatever.
lessons learned, if you have an idea to make money, can you afford for it to fail? (ie does it matter if you lose your house) if you can go for it, dont borrow brewsters, NO NEW VANS OR CARS, work your nuts off, plough it all back and if it was a good idea it will reward you.
stu

<hr width=100% size=1>http://www.beneteau-owners-association.org.uk
 
Re: Well I is one..

>>>I know enough millionaires to know that they are often driven my insecurity as much as confidence, they are fiercely competitive, they value money as a tool and as a way of keeping score, they are resilient and work harder than others.

There's a theory that a disproportionate number of millionaires have lost a parent early in life. Time magazine apparently headlined this "the best thing a father can do for his son is die"! Any thoughts?

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Re: The Easy Jet guy

had his parents alive but they did help him get started.

His quote when asked what do you need to become a multi millionaire was, "it's good to start with a million pounds."

Often the death of a parent gives our budding businessman a injection of capital or even a going concern.

Many millionaires had parents who where in business themselves. Many kids who take over family business as second generation owners do well. It's their kids that screww the job up.

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