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Are You a Toilet Paper Entrepreneur or Not?

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by Art Barron

Like a fairy tale, almost every successful entrepreneur has their very own “Cinderella” story, or, more known as a “rags-to-riches” story: from busing tables in restaurants to becoming millionaires by their 20’sfrom living in a dump calling itself a flat, to owning many homes, one for every day of the week.

While all these stories arouse feelings hope and inspiration, the trek up the road to success is really a bit more nasty.

Take into consideration Mike Michalowicz’s approach and try asking yourself this, “A ‘Toilet Paper Entrepreneur’, is that me?”

His analogy for true entrepreneurialism is a typical bathroom experience: “Business” is done, and you discover only 3 sheets of toilet paper left on the roll. As they say, necessity breeds invention, and you’re racking your brains to find a solution to this dilemma.

In the network marketing industry, Serious Entrepreneurs achieve success by not merely sitting and waiting for someone to “give them a roll of toilet paper.”

They’re the ones who’ll take action, grab the nearest garbage can, root around, pull out the empty cardboard roll and say “AHA!”. A little while later, a flush can be heard and he strolls out, whistling, having naught a care in the world.

Serious Entrepreneurs don’t make excuses and don’t have patience for people who do.

You’ll never hear them say

“I don’t have enough money right now.”

“I’m not smart enough.”

“I can’t. I’m too busy. I don’t have enough time.”

“It takes too long to build a business.”

“There’s too much risk involved.”

“I’m too old for this.”

They don’t sit back on the loo and wait for the toilet paper. They grab it, or they make it. In the same way, they don’t wait for their dreams to come true. They MAKE it come true.

In funding a new venture, they don’t just wait for the money to come, but they find ingenious ways and use their strengths to finance the project.

On a lighter note, most millionaires live frugal lives: Warren Buffett, for example, is third on Forbes’ list of the richest people in the world, but still he remains living in the house in Omaha, Nebraska that he bought for $31,500 forty years ago.

Contrary to popular belief, they focus on one project at a time until its finish. They don’t multitask.

They aren’t perfectioniststhey say, “Good is good enough.”

Because they know that money likes speed.

They have this thinking that by the time the sales letters, website design, or ad campaigns have been perfected, competition have taken the concept and run away with it.

They take take action, instead of taking a long time on planning and making revisions.

They aren’t afraid of risksthey take calculated measures to reduce risks.

Dick Costolo, founder of Feedburner.com said, “The key is to just get on the bike, and the key to getting on the bike is to stop thinking about ‘there are a bunch of reasons I might fall off’ and just hop on and peddle the damned thing. You can pick up a map, a tire pump, and better footwear along the way.”

Serious Entrepreneurs do not need toilet paper.

Why? Most likely they have a spare napkin in their pocket with their next million dollar business plan scribbled on its back.

About the Author:
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