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Re: [Orchid] Improving you stamina  
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From: Wayne Emery
Date: Fri Sep 07 04:53:22 2007
 
     
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Hi Kim,

    You'll get no flogging from me. 

    I'll let Mr. Geller speak for himself, but we are long-time friends
    and probably agree on this. 

    Basically, I think the situations you have described might be
    distilled down to whether the business is running you or you are
    running the business. Unfortunately, many "entrepreneurs", having
    chosen to move a hobby into a professional endeavor, simply become
    slaves to the work. They "love" it, so they do more of it. They've
    bought themselves a job and are too busy working to make any money.
    They don't really have a written or clear plan (if it's not written,
    it's not clear), they simply show up and try to get more work and
    hope the bills get paid. 

    Others look ahead, and, seeing the path clearly, formulate a
    business plan that will take them to their goal. On the way, they
    check their performance against their goals, modifying as becomes
    necessary (or perhaps changing the goal). 

    As the work load increases, they learn to delegate responsibility
    (AND authority) so that they might concentrate on the most
    profitable aspects of the endeavor (or on what THEY are good at,
    leaving other tasks to those who are better at them). They hire
    other experts, like a good CPA, and listen to these experts. They
    attend business classes, management classes, sales and marketing
    classes, and learn how it's done....and they do it. 

    Inevitably, it seems that these folks work themselves out of their
    craft and become people managers, which usually represents the
    highest level of profitability. Some, however, especially artisans,
    feel empty if they do not have the opportunity to create things with
    their hands, and will return to the bench (for instance) because of
    the gratification found there. Some profit MAY be lost, but, for
    them, it is a good trade emotionally. 

    Others will never get to the top managerial stages, either by
    conscious resistance or by their inability to see themselves as
    anything but an artisan. They don't like and don't want the other
    responsibilities; and most, unless they are VERY exceptional, will
    be stuck with only the rewards their two hands can create in a day.
    The extreme of this is the sole artisan, no help, trying to wear
    many hats and never making any real money. Not being risk-takers,
    they will never get out of their self-imposed prison and will
    quickly begin to create justifications for what they DON'T do....but
    they never stop whining about it. 

    I know all this because I've BEEN all these! Crazy can be fun, I say
    you go for it. I've got a ten dollar bill says you've got what it
    takes! 

Wayne
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