Starting the business is more important

Starting a business is possibly more important than exactly what the business is originally intended to do.

At least, that’s what I’ve been thinking about for the last few months as I’ve worked toward launching my first real business. There was so much more inertia, paperwork, learning, and personal growth to do than I had ever anticipated. I think that’s the key.

By starting a well-structured business and having it ready to handle the realities of taking orders, handling money, and doing taxes, I have placed myself in a position where I can take advantage of opportunity. After doing all this work, I find myself in awe of people who seem to simply catch a tiger by the tail and go on to make millions without planning. I know that I couldn’t do that, not without going insane with stress, unless I first had the proper structure in place.

Luckily I do have that now.

It was Loral Langemeier, in her book “The Millionaire Maker, who first put this idea in my head.

Our goal is to take those skills and gifts you have and put you in immediate action so that you can learn a whole new skillset, that of running your own business. Then, when you do become wealthy, you will have the business skills – marketing, sales, operations, management, and so forth – to run your life, which will look a lot like a business, and to create a business for any widget that winds its way out of your brain.
P.99, Millionaire Maker

I’ve preordered Loral’s next book,
The Millionaire Maker’s Guide to Wealth Cycle Investing,
which should be out next week. It is going to vault to the head of my reading list! Her first book was one of the two or three most influential books I’ve read in the last year, and I expect the second to be even better.

Technorati Tags: langemeier, business, business skills, entrepreneur

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