Entrepreneur Without Money Arrives …..Beware!

Actually, a lot of enterprising entrepreneurs don’t have any money. A hard reality to understand, but it is true. Often they just have a lot of moxy and/or gambler instincts.

They simply have the intestinal fortitude (guts!) to take chances. Sometimes they win and make a lot of money (usually for themselves!!). The wonderful part of their great plan is to SHARE the opportunity with others.

Maybe YOU are their prime candidate (a person with MONEY!). You have been selected to be their partner in a new business venture. It could be that you have the contacts….the know-how….etc. For some reason, YOU are important to their business success.

Your question is….are THEY important to MY success?? Ask yourself if there are any benefits to YOU in joining forces with someone else. Why do you need a partner? Can you do just as well by yourself? What contribution will a partner make to your success? Obviously, your answer may just be YES!! You need a partner!

Your next step is to….make sure (verify) the background of any person whom you would consider as a partner. None of us can LOOK at another person and have any idea of their honesty and integrity. A CON-MAN/WOMAN (we need to give women equal fare) looks like any other outstanding citizen. He/she can be handsome; well dressed; well spoken; live in a fine home; drive a big car, etc.

NOTHING is wrong yet. YOU simply need to make sure that your entrepreneur friend or future business partner is on the UP and UP (a man/woman of integrity!).

DON’T invest YOUR money just YET! Let’s take a few more IMPORTANT steps as a matter of self-protection. I would recommend that you HIRE a professional investigator to research the background of any potential partner/s in a business.

A BONUS FOLLOWS….

As you know…this newsletter covers more than business interest. Almost all of life falls somewhere in-between. You may not agree with me, but I would investigate the background of a potential marriage partner; a preacher; a choir director; an executive; and ALL other new employees being hired into my firm. Why take unnecessary chances with your life and future? He who hires well…profits well! He who marries well … LOVES life!

Understand that a DEAL (a great opportunity for YOU!) can be structured in such a way that you will think everything is OK…until you look at the fine print. Unfortunately, most of us laymen don’t understand the language. Our usual thought process causes us to believe what other people tell us. Since we are honest, we ASS-U-ME that everyone else is too!

MY POINT is to open your eyes to the reality that you must stay alert. Don’t take a NAP when you are dealing with YOUR life and YOUR money. Be sure you really know the person you’re dealing with before making a wrong decision and losing your nest egg of funds.

BUSINESS TIP: Know YOUR partner/s. NOT everyone is HONEST. You can loose your money much QUICKER than you can MAKE IT! Protect YOUR ASSETS with your life. Don’t be fooled by TITLES. SMART folks have COUNSEL. YOU MUST HAVE YOUR OWN TEAM OF ADVISORS to guide you.