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Being an entrepreneur is not for everyone according to Pamela Slim.  Entrepreneurs need to be competent in the entrepreneurial work mode.  In Episode 112, Pamela Slim and I will discuss the entrepreneurial work mode and how to become successful as an entrepreneur.

Pamela Slim is an award-winning author, speaker and leader in the new world of work. She spent the first 10 years of her solo practice as a consultant to large corporations such as Hewlett-Packard, Charles Schwab and Cisco Systems, where she worked with thousands of employees, managers and executives. In 2005, she started the Escape from Cubicle Nation blog, which is now one of the top career and business sites on the web. She has coached thousands of budding entrepreneurs, in businesses ranging from martial art studios to software start ups.

According to Pamela, not everyone can be an entrepreneur.  There are so many components that have to work together to create a great business.

A lot of people paint the picture that entrepreneurship is wonderful and fantastic, but really it’s hard work.  In reality, it’s just a work mode.

Set up business licenses, a bank account, talk to an accountant and make sure you’re setting up a viable business.

Who is your market?  What is the different ways you can connect with them?

Success Quotes:

• Success is to enjoy my life while living it.
• Hating your job intensely is not a business plan.
• Define your service, choose a price, set up your payment account and boom you can test something to see if somebody’s willing to pay you for the service.
• The act of planning is critical for a small business owner.
• People want to feel like their life has meaning.

Shout Outs:

• Kyle Duran – Pam’s lawyer
• Tim Berry – Business Plan Pro
• Jermaine Griggs – JermaineGriggs.com
• Dr. Nick Morgan
• Ramit Sethi – I Will Teach You To Be Rich