I am not a successful entrepreneur. I have a small business, but that is not what pays my bills, and I am the sole employee. At the moment I have no clients, and I have only had a few small projects. Most of my work is unpaid musing and study. I started the business to do Engine repairs, and to use my monetizable skills in a stomachable way. I live off my Engine which I built using money I was paid for professional work. I had a few public shares in the first company I worked at, that were given to us as part of a Broad-Based Share Scheme. I had no shares in the other two, which are privately held. My Engine is invested in two Equity Funds (from the firms I worked at) and a portfolio (that I selected) of large publicly held global businesses. My thoughts on business are therefore academic. Small business is hard. The odds are steep. With plenty of musing, I see few easy paths. It’s not just about good ideas. It is also about building Capital, overcoming barriers to entry, managing risk, and navigating complexity.
No comments:
Post a Comment