Jumpstart Your Dream Life

The Entrepreneurship Myth: Scalable vs. Non-Scalable Professions

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Entrepreneurship. The word itself sounds magical. It conjures up all sorts of wonderful images. You imagine yourself coming up with a brilliant idea, building a great product, and resting on your laurels for eternity. You can earn more income without putting in extra effort.

Employee. What does that word feel like to you? Words such as “bland”, “unimaginative”, and “restrictive” come to mind. You picture someone breathing down your neck, telling you what to do.

Not only does being an employee sound unappealing, but there’s a ceiling to your earning potential. As an employee, your salary is fixed. Yes, you get raises, but they’re fixed and ultimately decided by someone else.

And what about professions that charge hourly rates? A consultant may earn hundreds, even thousands by the hour, but the consultant is still limited by something finite: time. At some point, the person’s earnings are capped by the number of hours worked. The moment the person stops working is the moment money stops coming in.

The relationship between time and earnings is the difference between scalable and non-scalable professions.

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Adversity Reveals Your True Character

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There is a well-known fable from Aesop concerning an ant and a grasshopper. You may have heard of it:

One fine summer day, a grasshopper was hopping about, happily chirping along without a care in the world. An ant passed by, bearing a large ear of corn to its nest.

As the grasshopper continued singing and dancing, it watched the ant scurry back and forth, carrying large burdens on its back. The grasshopper couldn’t understand why the ant would toil on such a beautiful day.

The grasshopper teasingly asked the ant, “Why not come and sing with me, instead of working so hard?”

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Sylvester Stallone On Fighting for What You Want

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It was the early 70s, and things were looking bad for Sylvester Stallone.

Stallone was broke, out of work, and struggling. To make ends meet, he stole his wife’s jewelry and sold it. He soon found himself sleeping at the bus terminal in New York City for three weeks.

The worst was yet to happen.

Stallone realized he didn’t have enough money to feed his dog. Out of desperation, he took his beloved dog to the local liquor store and sold it to a stranger for 25 dollars. He walked away, crying.

How did things get so low?

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If You’re Not Successful By a Certain Age, Does That Mean You’ll Never Be Successful?

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Do humans have a sell-by date? Is there an age at we should give up?

At a certain point, we begin to shed expectations. We receive a few harsh life lessons, see our peers settling in, and receive critical feedback from friends and family. After feeling the squeeze of everyday pressures, we wonder if it’s time to start being realistic.

No more fun and games. No more daydreaming. We need to accept things as they are, like it or not.

If you’re thinking this way, there is an incredible essay that Oscar-winning director Ang Lee wrote in 2006 on his “never-ending dream”. Here is a translation of that essay:

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5 Everyday Facts About Life That Are Unfair (Which We Need to Accept)

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Fairness is subjective.

When things are going smoothly, everything seems fair. You’re riding high on the clouds, soaking in all the wonderful things life has to offer. But once you hit turbulence and rough storms, you start to feel everything turn against you. It all just feels so…unfair.

The thing is that life operates on its own terms, not yours. And while you might not like those terms, that’s the way things are. Rather than refusing to accept their existence, it’s better to acknowledge them and keep moving forward.

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Bad Things Happen When You Ignore Warning Signs

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In January 2002, a lone man predicted a natural disaster that would impact the lives of hundreds of thousands of people.

Local expert Dieudonne Wafulah had been studying Mount Nyiragongo, a volcano in Congo, for 15 years without pay. He tracked the activity of Nyiragongo and another nearby, smaller volcano for signs of change. Although his equipment had been stolen and vandalized over the years, he persisted in his work.

Then, he saw it. Based on the patterns Wafulah witnessed, Mount Nyiragongo was about to blow. There had been a series of tremors in the earth some months before. Black smoke rose from the mountain. The lava pool inside the crater had shifted and was getting higher.

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8 Subtle Signs You’re Settling for Comfort Instead of Embracing the Unknown

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Does it ever feel like you’re waiting?

Waiting for something to happen. Waiting for the fog to clear, so you can see what lies ahead. Waiting for the moment the pieces come together, culminating in the perfection you spent your entire life waiting for.

If you’re still waiting, here’s news: you’re wasting your time.

Waiting is dangerous. It gives the false illusion that if you’re patient enough, time will reward you with everything you hoped for. It causes you to sit there and let things fall into place rather than doing something yourself.

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You Only See the Tip of the Iceberg: Lessons on the Invisibility of Success

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It’s believed that any dispute, big or small, can be settled through a game of rock-paper-scissors.

It’s simple, really. Like flipping a coin or drawing straws, rock-paper-scissors (otherwise known as RPS) is a fair decision-making method between various parties. There’s equal footing since everyone has the same, equally random chance of winning.

Or is it?

The $20 Million Auction Dilemma

In 2005, Takashi Hashiyama was in a bind. As CEO of the Japanese television manufacturer Maspro Denkoh, he decided to auction off the corporation’s collection of Impressionist paintings, including works by Cézanne, Picasso, and van Gogh.

Hashiyama contacted the two premier auction houses, Christie’s and Sotheby’s, for proposals. Although both auction houses provided extensive plans on how they would market the collection and maximize profits, Hashiyama still couldn’t pick. Finally, he asked the two houses to make a decision using rock-paper-scissors.

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Where You Are Right Now Doesn’t Matter. Where You Are Headed Matters More

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In 1979, the deadliest peacetime disaster in New Zealand’s history occurred.

On November 28, a flight was scheduled for takeoff at 8:00 am from Auckland International Airport. The aim was to provide passengers with an aerial sightseeing experience that showcased breathtaking views of Antarctica.

An experienced guide would narrate as the plane dipped above McMurdo Sound, explaining various scenic spots and landscapes. By 9:00 pm on the same day, the plane would return back at Auckland, New Zealand.

Air New Zealand Flight 901 was not a particularly unusual air flight. There was, however, one minor exception: someone had entered a typing error in the coordinates, changing the route coordinates by two degrees. Although seemingly insignificant, these two degrees proved to be fatal.

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How to Thrive in an Environment that Doesn’t Support Your Goals

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You are the product of your environment.

The environment we live in influences, and in some ways, reflects who we are. Similar to how our bodies reflect the foods we eat, the places we visit and the people we meet reflect the way we think and believe.

Being raised in an inner-city neighborhood means you’ll likely live in the same neighborhood as an adult, while growing up in a middle-class area is a strong predictor of your future lifestyle. It’s difficult to escape the chains in which we are bound.

So how do you thrive in an environment that doesn’t support your goals?

The Count of Monte Cristo

In Alexandre Dumas’ The Count of Monte Cristo, the protagonist Edmond Dantès is set up for a promising future. He’s soon to become captain of a ship, newly engaged, and popular amongst his peers. However, his perfect life is about to take a turn for the worse.

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