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Closet Entrepreneur

Closet Entrepreneur

Every weekday, my reoccurring wish is not suffer through another traffic jam. Every two weeks, there is an urge to be independent and to control my own destiny. Every month jealousy rages when the media celebrates another start-up company with an un-extraordinary idea. And every year there is a realization…time is slipping by.

Living a Dream

With enough dedication, hard work and maybe a little luck, nothing is impossible. My dream was to always start a business to apply all the things learned during college and graduate school (and, hopefully, create a little wealth). After all, my determination, work ethic and being a little lucky already helped me a lot. However, starting a business would be a great learning experience.


Even after programming all day at work, tinkering at night always brought a little enjoyment because there was something new to learn about. And as someone who enjoys learning, these nightly sessions provided many rewards. Then one night something happened.

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I thought of an idea that could be turned into a business.

The idea itself was simple: it solved my problem of being late. But then there was the realization that it could solve other people’s problem of being late. And then this thinking became a flurry of possibilities…

Procrastination

…but there was a problem: I was late a lot because of my procrastination. Although this procrastination didn’t affect my studies or work, it affected everything else.

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One of my tricks for getting things done is simplify the problem and write down each step on a scrap piece of paper. More importantly, I can scratch off each step after completing it and real progress can be seen. Scratching off each step is a reward in itself — it feels empowering.

So each night, the task of creating a business formed on little scraps of paper. And steps were being scratched off one at a time.

It helped having a friend that helped with the legality of starting a business. And thank goodness for the tech bubble because the bust made a lot of internet-related services, such as web site hosting, dirt cheap.

So less than the price of computer, my simple idea became a real business one night at a time, one step at a time.

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Living a Life

Luckily I had a weekend to myself to create most of the code for my internet start-up.

Within three days, the entire start-up, including the client software, web site and supporting applications, were developed. But now came the hard part: it had to be ready for prime time.

Working on this start-up was fun and rewarding, but it was impossible to dedicate every night to finish my start-up. And that was okay. Working on the same problem for too long only produces new problems. Like everyone else, I tend to get sloppy from working too much.

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Imaginary deadlines were created to ensure that steps were completed within a reasonable time period. But there was always a goal of trying to reach that elusive balance. Work was not to be my entire life — this was supposed to be a learning experience.

Starting a business has been a great learning experience, although it hasn’t created too much wealth yet, I’m still at the beginning of a great journey. Living the dream hasn’t been easy, but it has been rewarding and, best of all, it’s possible for anyone else to do the same.

Matthew Choinski is the founder of messagingreminder.com, a Baltimore, MD, USA small software start-up offering a service that synchronizes your Microsoft Outlook calendar and sends reminders to your mobile phone. The service is the perfect complement to your mobile phone since it’s easy to use, reliable and very affordable.

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Leon Ho

Founder of Lifehack

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Last Updated on June 25, 2019

5 Books You Must Read if You Want to Be a Millionaire in Your 20’s

5 Books You Must Read if You Want to Be a Millionaire in Your 20’s

Millionaires and billionaires read more than you think. In fact, the likes of Warren Buffet are said to read 1.000 pages a day. As the old saying goes “There’s no smoke without fire”; so, start off with these 5 incredible books!

1. The 48 Laws of Power

48-laws-of-power

    “If you are unsure of a course of action, do not attempt it. Your doubts and hesitations will infect your execution. Timidity is dangerous: Better to enter with boldness. Any mistakes you commit through audacity are easily corrected with more audacity. Everyone admires the bold; no one honors the timid.”

    On your journey to becoming a millionaire in your 20’s, there will be many people trying to manipulate you into doing what they want. This international bestseller by Robert Greene is the widely read by those in the entertainment industry because of its dog-eat-dog environment. This book is a must-read for anybody who wants to claim power and keep it. it’s a fun read that tells the story of some of the most powerful people in history.

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    An example of a law of power is: Always say less than necessary.

    • When trying to impress, the more you say the more common you look and less in control.
    • Be vague.
    • Powerful people impress and intimidate by saying less.

    2. Influence: The Psychology of Persuasion

    influence-the-psychology-of-persuasion

      “Often we don’t realize that our attitude toward something has been influenced by the number of times we have been exposed to it in the past.”

      This book explains the core strategies people use to influence others using real world examples. Robert Cialdini’s book goes over human quirks like the need to be consistent, and how you can use that in your marketing strategy to make more money. “People’s ability to understand the factors that affect their behaviour is surprisingly poor,” Cialdini says, “which leads to people making poor decisions without realising why.”

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      Cialdini includes real world examples of why people join cults, buy certain jewellery, or give to charity.

      3. Blue Ocean Strategy

      blue-ocean-strategy

        “Value innovation is the cornerstone of blue ocean strategy. We call it value innovation because instead of focusing on beating the competition, you focus on making the competition irrelevant by creating a leap in value for buyers and your company, thereby opening up new and uncontested market space. Value innovation places equal emphasis on value.”

        This book argues that leading companies don’t succeed by battling competitors in “Red Oceans”, but by creating “Blue Oceans” where they have uncontested market space to grow. It goes over case studies like “Cirque Du Soleil” who created a blue ocean by creating a circus platform that didn’t include animals or more than one act on at once but instead, decided to focus on talented performers and music who created a mystical storyline.

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        4. The Fountainhead

        the-fountainhead

          “A man’s spirit is himself. That entity which is his consciousness. To think, to feel, to judge, to act are functions of the ego.”

          The Fountainhead takes place in the United States, mostly in New York City, during the 1920s and 1930s. Billionaire Mark Cuban named his yacht “Fountainhead” after this book. This classic novel is about the struggles of an innovative architect named Howard Roark and his effort to achieve success on his own terms. Many entrepreneurs are inspired by this book because it depicts how you should be uncompromising when it comes to your vision and your goals. If you follow this way of life, you develop the ability to change the world and creating something unique.

          5. The Compound Effect

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            “Do you know how the casinos make so much money in Vegas? Because they track every table, every winner, every hour. Why do Olympic trainers get paid top dollar? Because they track every workout, every calorie, and every micronutrient for their athletes. All winners are trackers.”

            This book is by Darren Hardy the CEO of Success Magazine, he goes over how it’s the small, seemingly insignificant choices that compound to create success or failure over time. No one has a plan to be broke and fat but that’s what happens when you don’t have a plan and go along the path of least resistance. Hardy argues that you cannot improve something until you measure it and to always take 100 percent responsibility for everything that happens to you.

            So, those are five books you must read if you want to give it a try to become a millionaire in your 20’s. What are the best books you have ever read? Leave a comment and share these life-changing books with your friends to help them become successful like you.

            Featured photo credit: Bill Gates Foundation via businessinsider.com

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