The Entrepreneur Contrarian
The Inner Contrarian Entrepreneur Inside of you
Entrepreneurship is not easy road. We need to have extremely thick skin and be able to hear NO 10 times over and not let it phase us is very important step. Society is designed for us to work 40 to 50 hours a week and pay 45% tax plus consumption taxes. This is now becoming a broken business model in Canada more than ever before. As most forms of taxes are rising monthly. While food prices are increasing heavily and then we are told inflation is only 2% to 3%. While the powers to be change and manipulate the (CPI) consumer price index to make it 2%. They strip out higher inflation items essentially lying to you and I about what it really is the inflation of today and yesterday. So its important to have that inner Contrarian inside of you. As we are not always told the truth unfortunately.
The society we live in wants us to be society slaves of sort. So don't fall into this trap. Try and shed your expenses, ditch your expensive car payment. Heck I drive a 2014 jeep cherokee that is paid off and have over a million dollar net worth personally.
Maybe start that side hustle out there and then grow it further.
Small baby step choices each day and each week add up in a month. Try and put together some wins each day and each week. I demand wins for myself. Then winning becomes a habit and not work.
In the end if you want to go out on your own and become an entrepreneur. You must be willing to go backwards first or take a step or 3 back. To essentially go forward. It's a sacrifice many struggle with mentally when wanting to take a plunge into becoming a business owner. Also your ego needs to checked as it may take a few mirror checks along the way. As there may be some tough months to go thru. To essentially break through and pay less taxes and become free there is always a sacrifice. A side hustle could be a great start and set up that corporation and start incurring losses that could carry forward for when you start producing revenue. Or purchase a cash flowing business that is producing and you can scale it up further and pay your taxes at the end of the year?
I spent years and years reading books on successful entrepreneurs before i became one. I wanted to be free from the rat race of working for someone else. I did not have any money to start but had the drive and determination to become an entrepreneur. Then came to the idea that relationships are a form of a currency and started leveraging relations to build a business.
It could not hurt to start thinking differently and become more of a contrarian investor and watch the
opportunities arise from this mindset.
