Wednesday, October 13, 2010

Don't Do It

(draft.. not as if I am doing all the following anyway)
Don't do it if..

You think 2 years is too long.

You can't manage your personal finances.
You are not enthusiastic about the idea of working part-time/ consulting/ freelancing/ giving tuition to support your idea.
You think you can ask your parents for business capital.

You cannot say "no".

You don't know what is cashflow and the amount of runway/reserves you need.

You think school is useless.

You cannot build eigencourses.

You think you have an idea.

You can't summarize any idea in 1 sentence so simple anybody (your mum) can understand.
You hate selling.
You've never sold anything in your life before.

You are not a hardcore tech/ marketing or learning intensively on how to be.
You don't like reading.
You can't make yourself learn how to talk to people from other backgrounds and disciplines with different ways of solving/looking at the same problem and synthesizing all the approaches coherently.
You think learning something you've never seen before in your life is painful.

You think you will hate the people you're going to work with. (You will, at certain points in time. They will most definitely hate your guts too. =) )
You think you will lose your friendships.

You have a significant other half who does not understand/ support. (One will give way. I'm not sure which will survive.)

You have no sounding boards/ mentors/ network.

You like home-runs and only home-runs.

You have a backup plan.

You do not like the contrarian investment philosophy.

You don't think you can do four times as much work in one half of the time an average person takes.

You cannot focus like a maniac.

You've never read 80/20, 4 hour work week and applied it on a daily basis.

You think being a boss/CEO is a chillax job.

You do not like looking through legal documents, tax forms, write website copy, do product mockups and 1 gazillion other nitty-gritty things that will suck your time and energy.

You want to have an active social life and paaaaaaaaaaaarrrrtttyyyyyy...

You must have the latest Apple product/ tech gizmo/ fashion accessory.
You think a 15K Rolex watch makes you look professional.

You think you will make a million in 1 year.
You want to drive a sports car, own a private property and eat at expensive restaurants all the time before you're 30.

You think you are the world's biggest genius and the world should shower you with money.

You think you are so smart that good advice just flies over your head (you're probably sinking into a self-created hole..).

You are not as good as finishing as you are at starting.

You never read anything on behavioral economics and psychology.

You like to make well-informed, thoroughly researched and over-analyzed decisions with perfect knowledge of markets, customers and trends.

You don't think of money as an asset, or you don't understand why you need a certain amount of money to do certain stuff.

You don't have some music you listen to, that always gives you an energy boost or calms you down.

You have some hobbies that are totally unrelated to it.

You don't have close friends who have known you since young.

You don't like solving problems.

You don't like people.

You don't have a island to disappear to.

You cannot find humour in any situation =)

You are too optimistic or too pessimistic.

You don't like to say "sorry" to your team and work to make up for it.

You cannot acknowledge that different people pull different weights at different stages.

You are currently not exercising enough.
You are not eating healthily.

You don't believe in karma.

You don't have something spiritual to believe in.

3 comments:

  1. You don't believe in karma.

    I don't believe in karma. Life can - and many times is - random.

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  2. @Bernard - Good. Learning new things.

    @Eli - It's okie to not believe in karma. We all have different perceptions of the nature of reality that we live in. I believe that karma is inherent in how the world works. Some believe in religion. Some believe in randomness. It's the same reality, just different perceptions. =)

    ReplyDelete