Dear Entrepreneur: A Spiritual and Technical Guide on How to be a Fulfilled and Successful Entrepreneur / Small Business Owner
5/5
()
About this ebook
Related to Dear Entrepreneur
Related ebooks
The Magic of Tiny Business: You Don’t Have to Go Big to Make a Great Living Rating: 4 out of 5 stars4/5Your Small Business Boom: Explosive Ideas to Grow Your Business, Make More Money, and Thrive in a Volatile World Rating: 0 out of 5 stars0 ratingsBefore You Launch Your Business: How to decide if being an Entrepreneur is for you Rating: 0 out of 5 stars0 ratingsCreative Happy Work: Follow your Heart to a Thriving Business, Life and World Rating: 0 out of 5 stars0 ratingsHow to Start a Creative Business: The Jargon-Free Guide for Creative Entrepreneurs Rating: 5 out of 5 stars5/5Six Figures in School Hours: How to run a successful business and still be a good parent Rating: 0 out of 5 stars0 ratingsA Solopreneur’s Guide to Business Branding Rating: 0 out of 5 stars0 ratingsDelegate to Freedom: Achieve True Time Effectiveness & Productivity with Virtual Assistants Rating: 0 out of 5 stars0 ratingsDiscovering My Niche: Finding Fulfillment and Meaning in the Person God Created Me to Be Rating: 0 out of 5 stars0 ratingsFounded After Forty: How to start a business when you haven't got time to waste Rating: 0 out of 5 stars0 ratingsHow to Go Viral in The Marketing World: Turn Your Business Into a Overnight Success Story by Learning How to Go Viral! Rating: 0 out of 5 stars0 ratingsInfluencer Entrepreneurs Rating: 0 out of 5 stars0 ratingsFinding Purpose Rating: 5 out of 5 stars5/5Intentional Profit: Master Your Mindset & Money For a Wildly Wealthy Business Rating: 0 out of 5 stars0 ratingsThe Growth Trap: A Continuous Plan to Avoid the Traps of Life and Build a Better You Rating: 5 out of 5 stars5/5Solopreneur Millionaire Rating: 4 out of 5 stars4/5The Productive Solopreneur Rating: 5 out of 5 stars5/5Personal Brand Clarity: Identify, Define, & Align to What You Want to be Known For Rating: 0 out of 5 stars0 ratingsTalentpreneurship: How to Build a Healthy Business, Transform the People around You, and Live the Life of Your Dreams Rating: 0 out of 5 stars0 ratingsThe Virtual Assistant Solution: Come up for Air, Offload the Work You Hate, and Focus on What You Do Best Rating: 4 out of 5 stars4/5Entrepreneurial You: Monetize Your Expertise, Create Multiple Income Streams, and Thrive Rating: 5 out of 5 stars5/5Business Hack: The Wealth Dragon Way to Build a Successful Business in the Digital Age Rating: 5 out of 5 stars5/5Being Micro: Become A Micro-Entrepreneur And Secure Your Future Rating: 0 out of 5 stars0 ratingsThe Aspiring Solopreneur: Your Business Start-Up Bible Rating: 0 out of 5 stars0 ratings
Small Business & Entrepreneurs For You
Capital Gaines: Smart Things I Learned Doing Stupid Stuff Rating: 3 out of 5 stars3/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off Rating: 3 out of 5 stars3/5Company Rules: Or Everything I Know About Business I Learned from the CIA Rating: 4 out of 5 stars4/5Nine-Figure Mindset: How to Go from Zero to Over $100 Million in Net Worth Rating: 4 out of 5 stars4/5Small Business For Dummies Rating: 4 out of 5 stars4/5The Ultimate Side Hustle Book: 450 Moneymaking Ideas for the Gig Economy Rating: 4 out of 5 stars4/5Never Get a "Real" Job: How to Dump Your Boss, Build a Business and Not Go Broke Rating: 4 out of 5 stars4/5Dream Big: Know What You Want, Why You Want It, and What You’re Going to Do About It Rating: 4 out of 5 stars4/5Real Artists Don't Starve: Timeless Strategies for Thriving in the New Creative Age Rating: 4 out of 5 stars4/5Robert's Rules of Order: The Original Manual for Assembly Rules, Business Etiquette, and Conduct Rating: 4 out of 5 stars4/5Don't Start a Side Hustle!: Work Less, Earn More, and Live Free Rating: 5 out of 5 stars5/5Overcoming Impossible: Learn to Lead, Build a Team, and Catapult Your Business to Success Rating: 4 out of 5 stars4/5Starting a Business All-In-One For Dummies Rating: 4 out of 5 stars4/5Lead It Like Lasso Rating: 0 out of 5 stars0 ratingsThe E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It Rating: 4 out of 5 stars4/5The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime Rating: 5 out of 5 stars5/5The Side Hustle: How to Turn Your Spare Time into $1000 a Month or More Rating: 4 out of 5 stars4/5Feck Perfuction: Dangerous Ideas on the Business of Life Rating: 4 out of 5 stars4/5The Everything Nonprofit Toolkit: The all-in-one resource for establishing a nonprofit that will grow, thrive, and succeed Rating: 0 out of 5 stars0 ratingsYes!: 50 Scientifically Proven Ways to Be Persuasive Rating: 4 out of 5 stars4/5Chasing Failure: How Falling Short Sets You Up for Success Rating: 4 out of 5 stars4/5The Art of Work: A Proven Path to Discovering What You Were Meant to Do Rating: 4 out of 5 stars4/5The LLC and Corporation Start-Up Guide: Your Complete Guide to Launching the Right Business Rating: 5 out of 5 stars5/5HBR Guide to Buying a Small Business (HBR Guide Series) Rating: 5 out of 5 stars5/5EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches Rating: 4 out of 5 stars4/5
Reviews for Dear Entrepreneur
2 ratings1 review
- Rating: 5 out of 5 stars5/5I love this! Very practical and worth a million times reading!!!
Book preview
Dear Entrepreneur - Rodrigo Laddaga
Entrepreneur)
CHAPTER ONE
We need to talk to you...
My personal experience being an entrepreneur, coming from an entrepreneur family is where my journey started, I guess. After many years of talking with entrepreneurs and small business owners, helping them and studying entrepreneurship and small business, I started connecting the dots. As Steve Jobs once said in his famous speech as guest of honor at a Stanford graduation ceremony: You cannot connect the dots looking forward, you can only connect them looking backward.
I suppose this journey for me started when I was about fourteen years old. I have an older brother, Rudy, who is about two-and-a-half years older, so at this time he was about sixteen years old. Rudy is a serial entrepreneur and was, even as a kid. My mother came to me and my brother, and told us that she and my father wanted to talk to us.
You know what it feels like when your parents say they want to have a talk with you. So just hearing my mother say that let me know that something was not right. The tone of her voice reinforced that thought. As I walked toward where my dad was seated, a thousand questions kept running through my mind, primarily,’ ‘What have I done?’’ We have an open Mediterranean house where everything is basically connected. The rooms, porch, living room, kitchen, garden, everything is connected with no doors. We sat, the four of us, on the porch next to the garden. My father had this look in his eyes when we walked in, and after we were all seated, he kept looking at the floor. He wasn’t even able or willing to look at our faces. We all sat there for what seemed like an eternity. Then my mother nudged him to speak. Come on, tell them.
My father finally started to speak very slowly, very softly, still unable to meet our eyes. It was the first time I ever saw my father cry in my life.
The first words that came out of his mouth were: Well, the business has failed, and we’re in a difficult financial situation.
He tried to say more, but it was taking him an eternity to finish, so my mother spoke up. Her words were strong, firm, and bold at the same time. She was somewhat mad and sad about the situation, but my father was dejected, ashamed. He looked and felt miserable. My mother said, Okay, we have to figure out how we’re going to live now because it’s going to affect our lifestyle.
That was it. That was what we were told. For me, it was like lightning had just struck my family. More than the difficult financial situation we would have to face, seeing my father cry, watching his defeat and shame was really painful. He was such a hard worker, pretty much the hardest worker I had come in contact with at that age of my life. He had been on the lookout for new businesses to try out, and he put in his all to ensure that those businesses were successful. But somehow, his hard work wasn’t enough, and that was what I didn’t understand at that time of my life. How could someone work so hard and still fail? Some years he was working about twelve to fourteen hours a day, and seeing him seated there feeling defeated and ashamed just broke my heart.
I think that it was at that moment in my life that a seed was planted in my heart and in my soul to find out why his business failed. Why do small businesses fail so frequently? And also, despite the serious financial debacle that my family faced, I wanted to understand why my parents could not better manage our crisis from the spiritual, emotional side. Being in a difficult financial situation was not what really shocked me. What really got to me was to see both my parents, especially my father, sad, defeated, and feeling miserable for a material
thing. Though he made the best effort he could, he was unprepared to emotionally handle our family’s difficulty.
I believe this was the thing that intrigued me the most. How could somebody feel bad and ashamed when we all witnessed how he did his best? All these experiences planted a seed in my heart that gradually started to grow to help others to have a successful business and at the same time have a balanced spiritual life around it, as a part of it.
Why don’t I know how to run a small business, a startup?
So the seed was planted there, and I started my journey. I didn’t know at that time that this was going to be my journey, but that was how, where, and when it started. After all that happened, our family got through the rough times. I continued studying and finished college. After completing college, I had the opportunity to work for a big company that came to our campus to recruit people. At about the same time, I received a call from my brother that he was just starting a new business with two of my best friends and he asked me if I would join the business. Also, he said if I wanted to join, I had to do it now. So I had to choose between joining my brother and friends at this startup or taking the big company job offer. And I chose the entrepreneurship path.
I joined the new business just after I graduated from college. At this time, I didn’t have any professional experience, besides some internship programs that I took during my college years. But in fact, four among us (the founders and co-founders, like me) had little or no experience in starting and running a business, even though my brother had been an entrepreneur since he was a