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Showing posts with label Entrepreneurship. Show all posts
Showing posts with label Entrepreneurship. Show all posts

Wednesday 13 June 2018

What Is An Entrepreneur?

I'm addressing this article with particular direction to those younger readers, maybe who have conceived they have some entrepreneurial bent within themselves.

It's all very well to want things, to want expensive things, or to have them and to enjoy having them as a collector - and therewith to require the necessary level of income to be able to maintain the lifestyle entailed.

Yet, having money or making large amounts of money is not an unknown thing on this planet by any means - lots of people do it. And lots of people have the name of 'entrepreneur' and many of those do indeed perform such a function in some form. Too many, however, are merely repeating fairly narrow tried-and-tested, and also mostly 'restricted entry' templates for some traditional business. You can't just jump straight into the high end watch-making business, for example, even though you might be a young lab scientist with some innovative composite material or metal alloy which would be highly suitable and applicable to watch-making.
The Rolex Swiss main manufacturing facility

What is passed off as 'exclusive' or 'luxury' in today's world is highly forward-planned, heavily marketed, and scaled-up industrial production output. It's neither rare nor particularly exclusive in reality at all.

Take a look at the Rolex manufacturing facility in Switzerland - it's vast. It's also closed and locked right now. And that is because the 2018-19-20 models have all been made already; they were made in 2016, pre-marketed until this year's Basel World Trade Fair, and only now are they hitting the retailers from where they will be sold over the next two to three years.

But look at the factory again - it caters to an 'exclusive, high-end market,' does it not?

That would be like, a market of between half a million and a million people.

In truth the point of entrepreneur-ship is not 'selling things' or, not just selling things... It's about finding ways and means to do human things quicker, more easily, less expensively, more efficiently, with better materials - in short it is all about the upward progress of humankind through technology. 
To me this photo is about shot composition and coloration,
not 'money!' What does it say to you?

And to be able to have access to new 'ways and means,' to acquire the technical 'know-how,' you have to be open to learning things that other people reject as possible, or that other people are closed-minded about from the outset.

Now, the number of human beings you will ever encounter, who have that necessary mindset, of being able to accept new propositions, is almost impossibly few... Warren Buffett doesn't have it, and neither does Bill Gates. These men are unarguably rich. But they are not entrepreneurs in the purest sense.

And the lifestyle and feelings and rewards that a real entrepreneur has, are totally different - of a different order and magnitude, that anything people like the Gates or the Buffetts of the world ever get even close to experiencing.

Shock.

But fact, nonetheless.