Are YOU A Media Darling Entrepreneur or Toilet Paper Entrepreneur?

October 21, 2008 · Filed Under Build a Business · Comment 

What the heck is the difference between these two types of entrepreneurs?

In his book The Toilet Paper Entrepreneur , Mike Michalowicz describes the differences between the world of modern day entrepreneurs.  A Media Darling Entrepreneur is someone who seems to rocket to huge success seamlessly, almost overnight.  A Toilet Paper Entrepreneur on the other hand, is someone who struggled and worked much harder to get to where they are.  Most entrepreneurs fall into category number 2.

And that’s OK.  Building a business takes time.  Depending on what you want to start, it may be helpful to get experience in the business by working for someone else before stepping out on your own.

So don’t be upset if you don’t become an overnight success: no one has.  Even the people that seem to rocket to the top had months and years of preparation -where they "worked" for free- before getting into the big leagues.  Have patience and persistence, and if you truly desire a better life for yourself (and others), you’ll join with them someday.  Godspeed.

Business Advice From a Bathroom?

September 30, 2008 · Filed Under Build a Business · Comment 

Who knew you could make bathroom graffiti into business advice?

Mike Michalowicz, the author of The Toilet Paper Entrepreneur , did just that!  Today Mike is officially releasing The Toilet Paper Entrepreneur to the world!  His book is all about growing a business without money , experience, or other “necessities” – because that’s how he launched all of his companies (two of which have sold for millions).  Check it out at www.ToiletPaperEntrepreneur.com . I’ve talked with him, and he’s agreed to give my readers free shipping!  Just enter "FREESHIP" when checking out at www.ToiletPaperEntrepreneur.com .  Thanks Mike!

To kick off his book launch, Mike’s released several blog posts, one of which is called "The World’s Best Business Advice from Bathroom Graffiti Artists " that shows you what you can learn about business from what you thought was pointless bathroom graffiti!  Definitely worth reading.

TPE - Frugal Living

September 4, 2008 · Filed Under Build a Business · 1 Comment 

Mike Michalowicz, the author of the book The Toilet Paper Entrepreneur and a successful entrepreneur who has built and sold 2 companies, explains in this video the importance of being frugal when starting a company.

This funny video has a great message that you can learn from…most importantly, from someone who has been there, done that, and truly lives the message.  I’d know…I met him today.  Enjoy!


2 Truths About Business Investments

June 22, 2008 · Filed Under Investing Your Money · Comment 

There are 2 truths to the world of business that you must always keep in mind when understanding the world and how everything will impact your money:

1. Corporations and businesses exist for one reason: To maximize shareholder value.

2. Investors (shareholders-you and I) invest for one reason: To get the maximum return on our investment.

These two simple truths are the core foundation for capitalism. Remember these two pillars when looking at the world around you. What you invest in has a direct impact on the rest of the world, because without your backing, many companies would not exist.