“The hardest part of the entrepreneurial process is not management, that’s not where the real money is; not where the growth is.
The hardest part in the process is to come up with and sell an idea: ‘I’m going to buy an apartment complex; my mortgage will cost me $30,000 a month; my rents will yield $100,000 a month; invest in this project, and we’ll split the profits.’
(The guy with the capital likes the return, then invests.)
There is unlimited resources to borrow; there’s never a shortage of money, only of ideas, and men capable of selling those ideas. The Furai is a union of such men.
Human intelligence and money, a giant river rushing through the land.
The novice seeks to build his own river. (Saves up every penny waiting for the future day when he can finally open a restaurant.)
The more experienced seeks to accumulate wealth for themselves by damning up a portion of the river. (Loan me $200,000; I’ll pay you back with interest. (Notice only one person gets rich in this deal (if it works)? ))
The master (Furai) diverts the river, so its power flows through him, making everyone and everything around him rich. (I’ve shown you the company will be worth $10 billion within 3 years; I’m currently valuing the company at only a billion dollars; each share currently costs $1 million; I’m willing to sell up-to 49% of the company, (490 shares.) How many shares would you like to own?) In this example, the entrepreneur has given the venture-capitalist a path to earn a 10-fold return on a $490 million investment. Generous?
This is the excellence that is Furai.
Want to know the secret of Bill Gates success? He tapped into the river; allowed the river to flow through him, making himself and everyone around him rich.
10,000 MICROSOFT MILLIONAIRES!
A Furai wants everyone around him to be rich; doesn’t care who ends up the richest; all he desires is diverting the water (energy flow,) for his purpose; once that’s done, he cares not where the river flows, or who benefits the most from it.
Bill Gates created many millionaires, (and a few billionaires,) and he created software that benefited many millions of people. He did this the way I described, by borrowing millions and turning it into billions.
In summation, the Furai concerns himself with the plan, the idea, and selling the idea. Once the idea is sold, the Furai grows the idea, or goes onto the next idea. The Furai does not care how much money he has in the bank, what he cares about is being a conduit of money and intelligence.
conduit: a person who acts as a channel between two things.
Right now there are millions of millionaires and billionaires with dead money earning a paltry return; the longer that money sits in a bank account, the poorer those men become. Approach one of these hoarders with an idea on how to double, triple, or multiply their money a thousand times or more: their money, becomes your money.
Right now Ray, there are millions of men eager to cut you a check. Do you have imagination to create the idea? Do you have the balls to ask a stranger for funding? Do you have the skill to build the pitch and close the deal? Do you have the perseverance to keep knocking on doors till someone answers?
This is the path of the master.”
Ray: “Question sifu.
What if you are an inventor, but not a salesman?
What if you are an accountant, but not an inventor or a salesman?
What if you are a manager, but not an inventor or a salesman?
Some people will never be salesman, nor inventors.”
A manager or an accountant can be entrepreneurs too, but they must tie themselves to entrepreneurs to earn these great returns. Behind every Bill Gates, there’s a Paul Allen and a Steve Balmer, behind every Jobs, there’s a Wozniac and a Tim Cook. These men are brilliant; the way they became entrepreneurial rich was to tie themselves to an entrepreneur in the early stages.
There are so many things required to build a business: a business requires: managers, accountants, attorneys, salesmen etc… in order to become an entrepreneur all that is needed is to invest time, money, ideas, or expertise into an experimental project in exchange for stock.
So as an accountant, if you witness one of your friends building a business, offer to work for free for him, in exchange for stock during the early stages. Paul Allen and Steve Ballmer are multi-billionaires, because they took a chance on an unproven entity; they sacrificed their valuable labor in exchange not for a salary, but for a piece of the pie.
If a man has no creative or sales bone in his body, nor a dollar of investment capital, he can still become rich by investing his time. Most successful entrepreneurs, masters, Furai, are generous by nature; they’ll almost always give stock in leu of salary during the early stages of their ventures.”