Case in point: Why Corporatepreneurship

Time for another installment of why Corporatepreneurship instead of just quitting and doing a startup. One of the blogs I subscribe to is the Brazen Careerist by Penelope Trunk. In this posting she talks about the perils of a startup... always being financially strapped, always on the phone, how you can never take a sick day. Take a look.

However, if you are able to hold your job and work on getting your startup going with small amounts of time carved out of your day, you get a chance to prove out your business model and make some cash before you take your leap of faith. Try SEEFADing. Stay tuned for more tips and tricks to get the best of both worlds!

Case in point: Why Corporatepreneurship

Predicting the next 5,000 days of the web

I couldn't think of a better blog to start not only the new year but the official 1st day of this blog's public launch.

I believe that the rise of the internet has led to a resurgence in business ownership and entrepreneurship (no great leap there). But more than just a financial shift - this is a power shift and a "way of life" shift. The power corporations will hold for employment will certainly dwindle with time and imagine if you today could choose working from home for a legitimate business and make a $50,000 salary (based on your own hard work and performance - NOT some get rich quick scheme) - imagine how many people would do that versus trudge into the office everyday for their $100,000 salary. All of a sudden the value equation of working has changed dramatically - it's not single sided "take what you get" from a company but hopefully make a lot of money. Instead you can take exactly what you want (flexible work hours, choice of work, etc) and make a living off of it.

Anyway I digress - I stumbled upon this video about the next 5,000 days of the internet and was surprised to hear the internet is only 5,000 days old. It sounds like some sort of "duh" in hindsight - but the impact the internet has had in such a short time is amazing. Enjoy this video - as I am so glad this blog can be part of the next 5,000 days of the internet.

At the 2007 EG conference, Kevin Kelly shares a fun stat: The World Wide Web, as we know it, is only 5,000 days old. Now, Kelly asks, how can we predict what's coming in the next 5,000 days?

Predicting the next 5,000 days of the web

There are no shortcuts!

While on vacation this week - I ended up catching one of those infomercials that start at 1 am. I was surprised because this one was so outrageous but it was aired on CNBC which I feel is a fairly reputable source for business news and information.

I have been out of touch on the "make millions from home" infomercials but they have really stepped up their game. Let's all be honest with each other - if you could work from home for yourself on line and make $7,000-$10,000 per month - you'd feel quite successful. And... I know that that is entirely possible - but as we have always said here at the Corporatepreneur - that doesn't come easy. It takes years of hard work with little to no return until you figure out your business model and niche.

So don't fall for an infomercial that says things like "take a shortcut to making millions on line - and you don't even have to know how to use a computer!" Maybe people are finally catching on to these schemes promising to make you rich - so they had to step up their game. Again like I said if you make $7,000-$10,000 per month you are doing quite well and it would be life changing - but apparently these infomercials don't stop there...

What about making $7,000 per week!


Still not interested in their $40 product - what about $15,000 per week!?!


Or maybe $40,000 per week (more than most people make in 1 year)...


And before you can catch your breath they hit you with $6,000 PER DAY ($180,000 per month!)


Still not falling for their pitch - they step it up to $100,000 PER WEEK!


In case you thought your eyes were playing tricks on you or there was a typo - they hit you with $110,000 per week!


What about some unspecified time frame in which you can make millions!?!?


How could you not order their $40 gimmick now? Well let's talk about this for a second. What do you think you could do that would be worth $100,000 per week? I'm just bringing us back to basics here that in order to make that much money - someone (or some group of people) would have to pay you that much money in a week because they felt what you were offering was worth it. And I'm not even saying that in business this is impossible (think Dell, Microsoft, Google, etc) BUT - you won't get there with a $40 program where you can work from home and not know how to use a computer and have huge checks deposited into your account.

How huge a check? How a bout $110,400 in one day!


So my point from this whole rant is - don't fall for the quick fix. Becoming an entrepreneur is a long hard road - but the payoff in the end could be huge IF you focus on building a business of great value to others - not some get rich quick scheme.

It is my belief that if the folks behind this infomercial had a system that really worked - they wouldn't sell it for $40 - they would start a company and hire employees to do this work and pay them 1/2 of the profits and keep 1/2 for themselves (still a good deal for all involved). So why sell it for $40 - because it probably doesn't really work like they say and they want to get $40 from everyone who wished it did. Just one man's opinion.

There are no shortcuts!