Entrepreneur Sound-Off

45-Don't Rent Your Life Due to Insecurity. BUY IT...It's a Hell of an ROI!

February 07, 2023 Randy Wimmer
Entrepreneur Sound-Off
45-Don't Rent Your Life Due to Insecurity. BUY IT...It's a Hell of an ROI!
Show Notes

Most people rent their time...  They will waste large portions of their life, expending countless hours of meaningless time because they're scared that if they try to make those hours really count...and fall short...then they'll be crushed.  To avoid that pain, they throw those hours away by not investing any emotional equity in them.  That way, they can avoid all possibility of failing because they never tried. 

For example, people will work for 40-50 hours per week just for a paycheck to pay the bills.  In some cases, they may not be in a position to do anything else.  However, that is usually not the case.  A lot of people are willing to throw away 40 to 50 hours every week towards dead-end jobs because investing their emotional equity...their hopes and dreams...in a rewarding career can lead to failure and pain.  Fear of failure is debilitating and leads to a path that is so much worse than failing!

Failure is part of the process.  Plus, nobody really gives a damn about your failures. Life is not like baseball where you have three strikes, or failures, and you're out.  Failures don't matter.  They're the plot twists, miscues and dead-end inquiries in a good mystery novel.  Nobody tosses an Agatha Christie novel after the second chapter because Hercule Poirot just interviewed a completely innocent person. Instead, we're all turning the pages as quickly as we can to see how he brilliantly solves the case in the last chapter.  

As a GovCon small business owner, my losses stung, but I learned from them and moved on.  However, my wins meant everything!  They changed my life.  And, I never would have experienced those life-changing successes without the losses or with buying my time and making those 40 to 50 hours per week count. 

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