Ep. 28: Entrepreneurism: The Importance of Not Doing What You're Told with Michael Covel

Michael Covel talks about the importance of entrepreneurism today. We're not in a world that rewards doing what you're told anymore. Covel discusses Fairfax County, VA (where he grew up), home to one of the highest median incomes in the United States of America. Covel discusses why this area you might never have heard of has this status, and why this simply isn't a sustainable way of life for the rest of us. People seem to think that there's a job out there waiting to fall into their laps that will give them easy access to the American Dream. In today's world, you need the vision of an entrepreneur to successfully get to where you want to go. With all of the technology at our disposal, the road to this success is more open than ever before. Even going down the path of being a trend following trader requires the skills of an entrepreneur. Covel relates the story of Boone Pickens, one of the entrepreneurs he's had the good fortune of learning from. Pickens has the attitude that today's entrepreneurs need; when he got started, it was about taking a risk and making something happen, i.e. a "wildcatter". Covel invites you to take a look at your own motivations. When you get up in the morning, are you going in a direction that you control, or are you following someone else's plan?