•    Millionaires Say “No” to Toilet Paper   

    Most, if not all, entrepreneurs have their own Cinderella stories: from living on welfare and waiting tables, to making their first million before they’re 30 and owning jets.

    While all these stories arouse feelings hope and inspiration, the trek up the road to success is really a bit more nasty.

    Mike Michalowicz would have you ask yourself: “Am I a Toilet Paper Entrepreneur?”

    His analogy for true entrepreneurialism is a typical bathroom experience: “Business” is done, and you discover only 3 sheets of toilet paper left on the roll. As they say, necessity breeds invention, and you’re racking your brains to find a solution to this dilemma.

    Serious Entrepreneurs in the network marketing industry gain success not by sitting around hoping someone will come and “hand them a roll of toilet paper.”

    They’re the ones who’ll take action, grab the nearest garbage can, root around, pull out the empty cardboard roll and say “AHA!”. A little while later, a flush can be heard and he strolls out, whistling, having naught a care in the world.

    Serious Entrepreneurs will never sit around, whining excuses. Nor do they have patience for those who do so.

    These are things that you will never hear them say. . .

    “I don’t have enough money right now.”

    “I am not that smart.”

    “I am too busy and I don’t have the time.”

    “It’ll take too long to build a business, let alone a successful one.”

    “There are too many risks.”

    “I’m too old for that.”

    They do not sit and dream about their big breakthey get off the pot and create it themselves.

    In funding a new venture, they don’t just wait for the money to come, but they find ingenious ways and use their strengths to finance the project.

    On a lighter note, most millionaires live frugal lives: Warren Buffett, for example, is third on Forbes’ list of the richest people in the world, but still he remains living in the house in Omaha, Nebraska that he bought for $31,500 forty years ago.

    Contrary to popular belief, they focus on one project at a time until its finish. They don’t multitask.

    They aren’t perfectioniststhey say, “Good is good enough.”

    And that’s because they have learned that money likes speed.

    They know that by the time they’ve perfected their sales letter, website, or ad campaign, their competition will have already capitalized on their idea and left them in the dust.

    Basically, they’re more doers, than thinkers.

    It’s not that they’re afraid of taking risks; it’s just they take calculated measures that help them avoid risks.

    Dick Costolo, founder of Feedburner.com said, “The key is to just get on the bike, and the key to getting on the bike is to stop thinking about ‘there are a bunch of reasons I might fall off’ and just hop on and peddle the damned thing. You can pick up a map, a tire pump, and better footwear along the way.”

    Serious Entrepreneurs do not need toilet paper.

    Why? Most likely they have a spare napkin in their pocket with their next million dollar business plan scribbled on its back.

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