Being a businessman

by | May 24, 2010

I prefer entrepreneur as the title, because frankly, it sounds way cooler than businessman. And as far as definitions go, the two words are different, but that’s not the point here. The point is that you get to be what you want to be. You have all the time in the world and you are making good money to make those stubborn ends meet. That was the reason I insisted on not getting a job while graduating from college. That was my objective, my objective. And that is where most aspiring businessmen/entrepreneurs get it wrong; the reason.

Most people see the business world as the surefire way to make tons of cash. If money is your only incentive to be a businessman, you’ll probably remain discontent with your ‘business’. Most businesses will fail and you will face cash flow problems from day one, or day two if you are lucky. I am tempted to say that ‘business does have the potential of earning you Millions’ to keep the carrot dangling at the end of the stick, but I am reminded by the hefty paychecks of some of the employed individuals that it is not about the money, it is about the freedom.

As long as earning money is a by-product of offering top notch service and/or products via your business, I think that all is set. Your business should be there for the reason of ‘improving your quality of life’ and not just to ‘earn you more money’. You may say that it is the same but then you’d be wrong; if you are earning more money but do not find time to spend on things you enjoy, your business is failing and is not achieving its objective.

It is not about the money, it is about the overall quality of your life.

8 Comments

  1. Nabeel

    What my problem is, I want to enjoy the freedom at first stage and work at later. I mostly remain at first stage… and then another idea

  2. Momekh

    If you can make it work for you, then there is no need to consider this a ‘problem’.

    For example, I have a certain set of responsibilities. If I can fulfill those, I should not feel guilty of being so ‘childish’ that I can’t stick to one thing, or being so ‘lazy’ that I can not do that other thing.

    It is the 80/20 Principle in fact, that you focus on the 20 percent of the highly production activities to produce 80 percent of the required output. This gives you immense amounts of time, like I have. I can use that time by playing Pro Evo Soccer all day, play my guitar or do something for the society, write, blog, whatever – you get the point. But the idea is to be ‘guilt-free’ AS LONG AS you have your priorities figured out and your ‘duties’ fulfilled.

  3. Nabeel

    I do what I love to do whether whole society is against it but I’ve to work on ‘duties fulfilled’ section to be ‘guilt free’. If I’m not focusing on duties, then I think, this all entrepreneurship thing is running from responsibilities.

    Secondly put that follow up email check under comments so I could get to know that someone replied.

    • Momekh

      True. I sometimes feel guilty for having so much free time, and have to remind myself that I do not need to ‘work’ to fill the void. Time is not only misunderstood, but our concept of ‘time management’ have lead us to be ‘more busy’. If we are not busy, we must be doing something wrong. Nice to see that you are rocking it. 🙂
      What work are you doing waisay, enlighten me? I know you are a blogger, and my ‘knowledge’ stops there. Care to share here your sources of income to perhaps inspire a few others? 🙂

      And thanks to your reminder, I have reactivated the subscribe to comments plugin.

    • Momekh

      Hey Nabeel, you are a blog winner now!! Your http://www.eatntravel.pk won in the Travel category of the BlogAwards. Highly cool mashAllah. And good luck! 🙂

  4. Nabeel

    Thank you and Congrats to you too. I’ve seen your http://caradvice.pk in best automobile blog. Were you there in Karachi at blog awards?

    • Momekh

      No I wasn’t. I hear the awards went out quite well! Kudos to Rabia Gharib and her team. 🙂

About Mohammad Khan

About Mohammad Khan

He is the founder of Momekh.com and publish the award-winning blog Just Add Venture. Google awarded him the best business blogger in Pakistan. Some of the largest corporations in Pakistan hire his services to “unlock their true potential”. His writings, courses and coaching sessions have helped upwards of a million people over the last decade.

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