I just got back from an awesome trip out west. I visited my farm family outside of Edmonton and then flew out to Vancouver to see my son and his girlfriend. It was an amazing trip and flying first class even made it better.
I could not have done this when I was an employee, but since building a passive residual income, it has given me the freedom to work and travel to places I love!
While on my trip and walking the seawall every day, I got thinking about entrepreneurship and one of the terms I never really liked was the term ‘serial entrepreneur’.
It never resonated with me and probably because the word serial is an adjective that has many negative connotations for me.
As many of you know, I have been an entrepreneur from my early days as a farm kid to a franchise owner to a real estate investor to a global entrepreneur in the cannabis industry.
And when I think of myself, I just don’t see myself as just an entrepreneur but as a multipreneur.
My mind is always thinking of other ways to build businesses and taking steps to do it.
After being mentored by Bob Proctor, I strongly believe that once you become an entrepreneur (which is the hard part), becoming a multipreneur is easy, because you now know the steps you need to take for any new business venture.
“I am so happy and grateful now – that money comes to me in increasing quantities through multiple sources on a continuous basis.” – Bob Proctor
And should you just limit yourself to just one entrepreneurship? Perhaps. At least until you get it on its own two feet. Or maybe it’s enough for now. That is a personal decision.
And it depends on the type of businesses you have and how involved you are with it.
I earn passive income from my real estate holdings and my network marketing business.
Do I need to commit all my time to them? No. Do I have time to work on other business projects? Absolutely.
So if you are not an entrepreneur, now is the time to become one.
There are many benefits and they far outweigh any reason for not becoming one.
And if you are currently an entrepreneur, maybe now is the time to become a multipreneur.
Remember the adage “Don’t have all your eggs in one basket’?
Well this applies to entrepreneurship as we well know.
When I was growing up on the farm, we never relied on just one crop or one type of farming.
We diversified even then to ensure we had multiple ways to generate income.
Want to know more? I would love to talk to you about it.