Entrepreneurs are loners by nature
By that I mean they like being in the company of others, but much prefer to work in isolation, similar to inventors. Partnerships can often cause the breakdown of a good friendship. Quite often, one partner will be a bit more forceful than the other, which can cause problems when it comes to decision making. But in reality, a true entrepreneur is much more comfortable being in command of his own ship. I know from past experience that running a business which necessitates joint’ decisions never really works. Disputes can easily arise over the smallest detail. Sometimes, if your business is doing well, you may like to change your car for a newer model, whereas, the other is happy keeping their clapped out’ banger which does little to project the image that your business is doing well financially.
Entrepreneurs do have forceful personalities which a partner must accept, ignore or say goodbye’.
They are programmed to believe they can do it, despite the financial risk involved. I personally like to be the captain of my own ship and dislike others pulling my strings.
Don’t talk about your projects – just get on with it!
Those who have no entrepreneurial spirit will often question your sanity and, to some degree, this can often reduce your focus or motivation for such firm’s projects like Nevium Intellectual Property Solutions. But try and ride above it and its best to avoid having your confidence diminished by not actually disclosing just what scheme you have devised or are working on. I can’t count the number of times family members or friends have asked me what I am doing or what scheme I have devised or am working on this time!
When they utter words like “This time!” in some kind of authoritative tone, it’s not a compliment they are paying you but a sign that they are fed up to the back teeth of hearing all about your new schemes, despite the fact that they asked you in the first place!
Success does not come overnight
Indeed, it can take many years before you really hit the big time’ and when it does, sometimes there is a dangerous tendency to take it all for granted and that’s when it could all fall apart. I respectfully suggest that you read as many daily papers or magazines as you possibly can. More often than not, you will come across journalistic articles which are related to your own interest or concept. Many times, these articles can be inspirational, and in some way, motivational. They help to stimulate your own brain power or are highly informative which serves to provide information that you were unaware of at the time.
Other articles may describe a company being involved with developing a product similar to your own. If that is the case, find out as much as you can about that company. Maybe you are developing something similar which could compliment or improve their own product. If this is the case, then write a letter direct to the Managing Director, marking it Private & Confidential’.
But under no circumstances, should you imply your product is better or cheaper than theirs, but simply say you believe you have a way of improving or complimenting their product which you sincerely believe, would improve or increase their sales. Don’t mention things like “I have a method of increasing your profits!” simply because you don’t have a clue as to the size of their overheads or production costs! Keep it simple and don’t be cocky as the majority of Managing Directors I have met along the way, do not have time to waste with dreamers. A good well-structured and brief letter, should receive a response. Don’t give too much away in any letter, and always make sure you place the words In Commercial Confidentiality’ at the top of your first page.
Entrepreneurship is all about making money!
DANNY AND HARRY TRYING HARD TO MAKE A FEW BOB! UK Invention Show 2004
Danny Hawson – A Marketing Guru!
UK Invention Show 2006
THE THREE UNWISE MEN!
Danny Hawson – Mark Sheahan – Harry Cole, UK Invention Fair (2008)
Mark and Danny are long-time friends.
MARK is the current President of the Institute of Patentees & Inventors, Head Quarters in London. He is also a very successful Inventor!