Page 45 - merged.pdf

CHAPTER 2 THE SUCCESS FACTORS OF MILLIONAIRE ENTREPRENEURS

until you retired at 55, where you would be assured lifelong
security with a good pension. In the past, seniority and loyalty
was rightly rewarded.

Today, working for someone else only gives a false illusion of
security for the short term. Because of globalization and intense
competition, no company can guarantee you your job or
your income for the next five years, let alone for the rest
of your working life. When you start your career in any
company today, you will become less and less valuable as
you grow older.

By the time you pass your mid-forties, there is a high chance
you will get retrenched; this inevitably happens when your
company sees a need to cut costs during tough times or
undergoes a merger or an acquisition. After awhile, your
bosses will realize that they can replace you with someone
cheaper, younger and willing to spend their weekends and
nights at the office. Remember that even if you are a senior
manager or vice-president at an MNC earning a six-figure
income, you do not own your job or the right to your income.
It can be taken away from you at any time. In other words,
your security and destiny are in someone else’s hands. So,
there is no real security in working for someone else.

On the other hand, when you are in business for yourself,
you are the captain of your own destiny. Your security and
freedom lie solely in your hands. I have always felt that I
would rather be the one driving the bus of my life than let
someone else be the driver.

Becoming A Successful Entrepreneur is Not Only
Possible, It is Achievable…When you Know How!

Secondly, being among that 10% of successful entrepreneurs

36 SECRETS OF BUILDING MULTI-MILLION DOLLAR BUSINESSES