There are two main reasons why majority of people invest. First is to save for retirement and second is to make a lot of money. Most investors invest in both, which is equally good. But it seems that majority tend to be pushed more towards saving for retirement. They put money away as savers do in hope of increase in value over a period of time. Actually, they invest, but are more concerned about loosing than succeeding. people need to tell their emotional senses the truth when investing. If the pain and fear of loosing money are too great to accommodate, it is best for that investor to invest very conservatively.
However, if one looks at the world’s great wealth, that wealth has not come from cautious investors. The great changes were effected by investors that have the entrepreneurial spirit. They invest because they want to make a lot of money. This is the spirit of venturing or risk with the possibility of great reward. As one begins to formulate plans to start out in a business, a lot of things are involved, challenges, and situations that can get one demoralized. And except these issues are resolved, no meaningful thing can be achieved. This is a major violent opposition from the subconscious minds against the great spirits of potential entrepreneurs.
Moreover, starting a business irrespective of the type or nature, is crucially important as it motivates one find and develop his entrepreneurial spirit. The world is filled with people with great ideas but unfortunately, only a few people make great fortunes from their ideas. The main reason why many people buy assets rather than creating them is because, they have not called upon their own entrepreneurial spirit to take their ideas and turn those ideas into great fortunes.
Incidentally, starting a business with an insufficient fund or capital is not in any way recommended. There is a kind of amount of money that seems pretty enough to most people, but in actuality, is not enough to start building a business with. One’s dreams should really be big, in addition to providing a sufficient amount of money to build a business. Otherwise, he would be running a high risk as a result of such small sum of money. Hence, investors are always encouraged to aim high with a reasonable sum of money as capital for building their businesses. But if the much-needed capital isn’t available, and one still desires to pursue his goals in building his business, he must call on his entrepreneurial spirit. Certainly, one can be successful and at the same time be poor. For instance, a successful and poor teacher, a successful and poor doctor etc.. But cannot be a successful and poor entrepreneur, a successful and poor business owner. And that is a rich entrepreneur or business owner.
However, the question of “How much is too much or enough?” asked by most people, usually comes from people who have never built a successful business that made them a lot of money. Those people are the ones that generally have one financial statement because they often have only one source of income, unlike the rich business owners who have multiple financial statements and multiple sources of income. That’s the reason why people with one financial statement that has only one source of income, do not know what it feels like, to have a continuous income-flow that requires little or no work. Actually, money is very important, but it is never the primary motivating factor for building a business. There’s a factor that is responsible, and that factor is also responsible for every success in all human endeavors. That factor is the motivating spirit found in building the business.
Although the road to success doesn’t seem smooth, the occasional pain and misery, the challenge and the spirit are always the propelling factors for someone who desires to build a business. The excitement, challenge, spirit, and the potential for a big payoff at the end keeps the entrepreneur going. Hence, the entrepreneurial spirit is a valuable asset in building a successful business.
Tags: amount of money, assets, challenges, entrepreneur, entrepreneurial spirit, fear, fortunes, investor, investors, period of time, risk, saving for retirement, senses, spirits, subconscious minds, truth, violent opposition