How to Make It as an Entrepreneur

“Learn from the past; apply that to the present, to protect your future. It’s not rocket science. We all know the market moves in cycles as does business, so why is it we all forget that? We buy into the illusion in business that the bad times were just a moment never to be repeated, and the good times will never end. It’s simply not true. Business happens in cycles and if you look as far back as the great depression the cycles are very similar, boom boom boom, bust, recovery. It happens that way because as humans we continue to fall foul to two very simple human emotions, fear and greed, and that’s what drives the market and business cycles. And while that’s nothing to be proud of, that is, unfortunately, the track business and the market take.”

The trick is to have the vision stay above the fickle nature of the market and the passion to resist falling victim to the same trappings that continual re-arise. The mark of true entrepreneurship is having enough guts and sense to know when to stay the course and when to try something else.

Michael Capitano is a second year law student at Osgoode Hall Law School. He is an aspiring novelist and essayist. He enjoys spending most of his time reading, writing, and playing video games.

LinkedIn: www.linkedin.com/pub/michael-capitano/75/158/662

Blog: http://tokalonlit.wordpress.com/category/blog/

Image Courtesy of Wonderlane, via Flickr