Good Reading from Genius Types – Learn From My Entrepreneurial Mistakes

In one day, I found two great articles, this time this one is called Learn From My Entrepreneurial Mistakes :: Genius Types on “The Power of Leverage”.

Not only did I have nothing to show for my labor, the labor I put into each order was immense. I was acting as the salesman, the designer, the account manager, the delivery guy, and the customer service representative for each order.

Although I looked extremely successful, I was pretty miserable. Once I shipped the T-shirts and collected my check for a few hundred dollars, my income stream was cut off. All of the creative power I had put into that project was now put to rest. If I wanted to make more money, I would have to recreate the process all over again.

I became a slave to that job. Just because I owned the company didn’t mean that I didn’t have a job.

Given that is how I’m feeling right now about my business, I recognized myself in that article instantly. Though I’d share it with you.

Monday Morning Blues: Just relax, sit by the river, and the blues are gone!

Men-By-The-RiverIt’s Monday! I’m sure there are many of you out there facing the Monday Morning Blues! You’ve had a good weekend, the nice weather’s here, and you DON’T want to go back to the office!

So close your eyes for a moment, and imagine you’re sitting with these guys at the riverside of a beautiful river in Scotland! You hear the sounds of the water running, the soft cool wind blows, and it’s a lovely day in mid-August!

As you imagine sitting there, let your mind create the relaxing, peaceful, positive feelings of that moment. When you open your eyes, you’re going to keep that mood, that moment with you all today!

Do you feel better now? Or do you like Mondays? Let off some steam and post a comment on your feelings about Monday mornings!

(OK, it’s not really a quotation, it’s a picture I took in Scotland 7 years ago this summer!)

Good Reading: “The Poverty Business”

The recent collapse of a number of sub-prime lenders highlighted the risks that lenders in these markets face. Less well-known is the story that BusinessWeek Magazine covers this week, called The Poverty Business which goes into detail about the problems and issues that sub-prime borrowers face regarding high interest loans, payday loan companies, education and health issues, etc. This article is well worth reading, as it paints quite a different life for most borrowers.