10-Entrepreneurship

Entrepreneurship is one of the most natural phenomena in human nature. It basically means that a person has an idea for a product or holds a certain skill that can be converted into a service and this person will offer this product or service as value to other people, in exchange for something. In our society, we exchange money for value. In other societies and other times in history, it was common to exchange value for value. For example, the fisherman gives me fish and in exchange I paint his house. Whether it is an exchange of value through goods, services, or money, the human ability to be resourceful is what leads us as a species to have a natural inclination for entrepreneurship. Of course, not everyone wants to be an entrepreneur, and our economies have not been designed for everyone to be an entrepreneur. Most of the population has never been interested in imagining which service or which product they can sell to make money autonomously. At least this was true for most countries until the economic crisis of 2008. In the few years that followed this crisis, and with the increased accessibility to the Internet, smart phones, and social media, entrepreneurship suddenly gained popularity among the masses. Creating and operating your own business became a necessity for millions of people who had lost their jobs and had nowhere to go to find new employment. The human potential for entrepreneurship was re-ignited and empowered by our technology. Salima and I both decided to take on the road of entrepreneurship, and today we want to share with you our best insider’s tips and opinions about this lifestyle. Most importantly, we dig into an analysis of whether or not everyone should follow the path of entrepreneurship and if the best decision sometimes is simply to NOT do so. This is one of my favourite topics in the world, so let’s get started. 

Quote of the week:

"Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t"
-Unknown

Book reference: The $100 Start Up by Chris Guillebeau https://100startup.com/