Page 44 - Midas Touch

overcoming mistakes is their classroom and their pathway to becoming
better entrepreneurs.

It’s not that they want to fail. They don’t. The difference is that, instead of
avoiding challenges, entrepreneurs know that the mistakes they may make
and the risks that lie ahead will force them to become smarter, better, and

wealthier entrepreneurs.

Most business schools teach students to minimize risk. While most “A”
students view risk as bad, most entrepreneurs view risk as a challenge. It’s
their opportunity to do what everyone else avoids doing. Risk stimulates
their creativity and challenges their self-confidence. When they win,
entrepreneurs gain a huge sense of accomplishment, which fuels their
strength. When mistakes are made, and they will be, the entrepreneur’s

true character emerges and further growth takes place.

A Few Personal Questions
If you are wondering whether or not you possess the strength of character
to become an entrepreneur, let alone a Midas Touch entrepreneur, you’ll

have to look inside yourself at your personal track record. Here are a few
questions to get you started:

How do you handle losing?
How do you handle fear?

Are you willing to work for years, without a paycheck, on a

project that may never get off the ground?
Have you ever been betrayed?

How did you handle the betrayal?

Are you trustworthy under pressure? Or do you stab people

in the back when the chips are down?
How do you feel when someone else makes mistakes that

you have to pay for? Can you fire a friend or family
member?
Are you generous or greedy by nature?

How do you feel when you’re out of money?