Practical Guide to Entrepreneurialism

by Mike on September 9, 2009

in Entrepreneur

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A model that I have found to be incredibly useful for me that has helped me keep focused on what I am trying to achieve is what I call the Entrepreneur model and it goes like this

  1. Find the system
  2. Outsource the system
  3. Make money

If you are not doing 1 of those 3 steps you have gone wrong somewhere. Let me break them down a bit more for you.

1. Find the system

There are so many different ways to make money out there its not funny, finding an opportunity that you can turn into a system will eventually stand out and as you progress you will find you can take on more at a time

2. Outsource the system

This step is incredibly important if you want to make it big in this lifetime, there is no way in the world that you can do everything needed to get your business off the ground and lets face if, most of the stuff that needs to be done is really boring and holding yourself to doing those things burns your energy quicker so best stick to what you are good at.

3. Make money

The most important step of the system more there to keep you in check so you constantly realise why you are doing this in the first place.

Now get out there and start using the miraculous tool!

Mike McMahon

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