explore the other group

increases. The greater your salary, the weaker your position because if your boss is

paying you a 5 figure income and calls for an emergency meeting, you had better rush

over to the office even if you are halfway making love to your wife!

I think the best definition of an employee/boss relationship can be summed up as this.

An employee will only do the bare minimum to keep the boss from firing them and

a boss will only pay the bare minimum to keep an employee from leaving.

Now let’s explore the other group.

There are many creative people, inventors, entrepreneurs, and business leaders who fall

into this category.

An entrepreneur is someone who always has good ideas.

The first obstacle we need to overcome if we want to succeed in the second group is to

stop working for money. What does this mean? Isn’t making money part and parcel of

having good financial IQ?

What I mean by ‘stop working for money’ is not working for free. Rather, it means work

so as to gain the necessary skills you need to be a successful entrepreneur (or inventor,

investor). Allow me to illustrate:

If you lack the contacts for running a business, where would the best place be to look for

contacts? Of course, your competitor’s customers.

How about product knowledge? Then work with a company that will teach you all the ins

and outs of the tricks of the trade.

Not familiar with the production line of a factory? Work in one! Learn the ropes or

manage the factory workers.

Fear of talking to people? Get a sales job where you will be forced to talk to lots of

people. It is also a great way to develop perseverance!

Don’t you know that the best education you can get is in real life! Not at a lecture hall.

The bottom-line is: not everybody has what it takes to succeed as an entrepreneur!