ENTREPRENEURSHIP Money itself gains one status. And money is made by providing o

ENTREPRENEURSHIP

Money itself gains one status. And money is made by providing others something that they desire, and will pay for. Too many aspiring entrepreneurs look for opportunities that are fashionable and from which they can obtain status directly from the association with the endeavor, rather than possession of wealth.

So while opportunities lay about on the ground ready for anyone to pick up, most people search endlessly for some opportunity that inspires them, but that the market does not need because its in low demand, or is in over supply.

I don’t care what business I am in as long as it’s not immoral in some way, and the people I would have to work with or employ are pleasant to spend time with. I literally tend to sieze what’s just in front of me, because I see the ground as absolutely littered with opportunities, all of which can be made into something with a little effort. And those opportunities either provide wealth in exchange for ones effort or they don’t. If they do, the wealth confers status, and freedom to do what one wants. And it is more likely that one will obtain wealth doing what others desire, than doing what one desires for its signaling benefits. It would not matter to me if I owned a commercial cleaning service, a garbage collection service, or any other common business, as long as it provided the returns that would allow me the freedom to enjoy what I wished.

The market serves to provide us with wealth by serving others out of our own self interest. Prices ensure that we do not live illusions about what others desire, and how much tehy desire it. And the opportunities for entrepreneurship are everywhere.

I’m not surprised at how many people who have worked for me have gone off to create new businesses. It’s the kind of person I’m attracted to hiring. But I’m always impressed with their ideas and achievements. And I’m more impressed with the fact that they seem to be successful.

Just in the last few years:

– Live Area Labs (Creative – and good work as well)

– Tier 3 (IT/Cloud)

– Salient 6 (Tech Services)

– A specialty legal services business (which is fascinating) that I won’t name.

– A financial sector startup (which is really fascinating) that I won’t name.

And that’s just off the top of my head. I should start collecting a list.

It’s a beautiful thing. 🙂