qz.com
Entrepreneurs don't have a special gene for risk—they're rich kids with safety nets
The cult of the entrepreneur teaches us the wrong lesson.
By Aimee Groth

We’re in an era of the cult of the entrepreneur. We analyze the Tory Burches and Evan Spiegels of the world looking for a magic formula or set of personality traits that lead to success. Entrepreneurship is on the rise, and more students coming out of business schools are choosing startup life over Wall Street.

But what often gets lost in these conversations is that the most common shared trait among entrepreneurs is access to financial capital—family money, an inheritance, or a pedigree and connections that allow for access to financial stability. While it seems that entrepreneurs tend to have an admirable penchant for risk, it’s usually that access to money which allows them to take risks.

And this is a key advantage: When basic needs are met, it’s easier to be creative; when you know you have a safety net, you are more willing to take risks. “Many other researchers have replicated the finding that entrepreneurship is more about cash than dash,” University of Warwick professor Andrew Oswald tells Quartz. “Genes probably matter, as in most things in life, but not much.”

DEAR PROFESSIONAL MODEL: Breslin B Ngozo Can I please make this one my cover/header for this August? (I mean it’s from our first Photo Shoot & I’ll always cherish this pose)

View Her Portfolio Here↘ hashtagmalwela.co.za/models

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5 Questions To Ask Yourself This Morning To Advance Your Career

Finding the right questions to ask is also tough, but you’ll find that these five can help you evaluate exactly where you are, exactly where you want to go, and how you’re going to get there:

1) What Did I Learn From Yesterday?

2) What Is My Goal for Today?

3) Do I Like Where I Am?

4) Where Do I Want to Be?

5) What Can I Do Today to Get Closer?

Here’s why these are important questions to ask.

Hi loves!! Happy Sunday!! New vid is up on YouTube and niazamar.com/redefiningBeauty!

I sat down with Melissa Harendorf a community artist and new entrepreneur. We discussed how starting our business was an act of self-love and what mental health looks like as a young entrepreneur. We shared lots of tips and our journey of building a business that supports our holistic health and community health.

We both shared our experiences of dealing with mental health. From anxiety to depression and our story of how we were able to gain the confidence to take this risk. Hope this vid is helpful! #sundayselflove #niazamarlove

#empowerment #inspiration #mentalhealth #entrepreneurs #selflove #selfcare #passion #purpose #artist #Toronto (at niazamar.com)

What It Takes To Become a Billionaire

“Shift your focus away from what you want (a billion dollars) and get deeply, intensely curious about what the world wants and needs. Ask yourself what you have the potential to offer that is so unique and compelling and helpful that no computer could replace you, no one could outsource you, no one could steal your product and make it better and then club you into oblivion (not literally). Then develop that potential. Choose one thing and become a master of it.  Choose a second thing and become a master of that.  When you become a master of two worlds (say, engineering and business), you can bring them together in a way that will a) introduce hot ideas to each other, so they can have idea sex and make idea babies that no one has seen before and b) create a competitive advantage because you can move between worlds, speak both languages, connect the tribes, mash the elements to spark fresh creative insight until you wake up with the epiphany that changes your life.

The world doesn’t throw a billion dollars at a person because the person wants it or works so hard they feel they deserve it. (The world does not care what you want or deserve.)  The world gives you money in exchange for something it perceives to be of equal or greater value: something that transforms an aspect of the culture, reworks a familiar story or introduces a new one, alters the way people think about the category and make use of it in daily life. There is no roadmap, no blueprint for this; a lot of people will give you a lot of advice, and most of it will be bad, and a lot of it will be good and sound but you’ll have to figure out how it doesn’t apply to you because you’re coming from an unexpected angle. And you’ll be doing it alone, until you develop the charisma and credibility to attract the talent you need to come with you.”

- Justine Musk (Elon Musk’s first wife)

Try to avoid “cognitive dissonance” - if you hear a piece of advice and think to yourself “That’s easy, I could have gotten that from Google.”

Lack of Information, a lot of the times isn’t the reason for not achieving what you want….a lack of action is.

Share or tag someone who you belief could use this!

#EKAnomics #mindset #Momentum #instagood #follow #me #Mentality #hustleharder #innergame #entrepreneurs #mentorship #Grind #motivation #Beliefs #money #smallbusiness #personal #Boundaries #Priorities #prosperity

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Entrepreneurs don’t sleep, we take naps… Lecturing on #digitalmarketing at #nyu this morning. Do YOU have any #questions?

#digital #marketing #entrepreneurs #entrepreneur #entrepreneuership #selfemployed

It is August female entrepreneurs !! This month we are talking all about “money”!!!💛💚😎☝️😳 in our facebook tribe and through our training portal we have conversations happening about building wealth, strengthening sales, revenue generation techniques, passive income … You name it. Our book of the month is good but controversial ( think and grow rich)! We welcome you to read with us. If you are a female entrepreneur and not already a member… Now is the time to make it official 💛💚💛💚 see you there (tag a friend) bit.ly/fearlessnfree #entrepreneurlifestyle #femaleentrepreneurs #ladyboss #lifecoach #wealth #luxury #money #businessowner #womeninbusiness #entrepreneurs #businesscoach #fearlessandfree #success

http://ift.tt/1gB9YVm Time to get ready for another productive-filled week! Knowledge certainly is power, and what better way to add more force behind your endeavors than by learning more about your business.

Take some time out today to look up resources and learning materials from others who have been through where you aspire to be. Listen to a podcast, download an eBook, read an article, get excited and mentally fueled!

You’ve got this, and you receive a competitive advantage by being one step ahead of the game.

#mindingherbusiness
#happysunday
#motivational
#goals