Raising an entrepreneur part 3


I'm a big part of a couple organizations globally called the Entrepreneurs' Organization and the Young Presidents' Organization. I just came back from speaking in Barcelona at the YPO global conference, and everyone that I met over there who's an entrepreneur struggled with school. I have  out of the  signs of attention deficit disorder diagnosed.  Attention deficit disorder, bipolar disorder. Do you know that bipolar disorder is nicknamed the CEO disease? Ted Turner's got it. Steve Jobs has it. All three of the founders of Netscape had it. I could go on and on. Kids -- you can see these signs in kids. And what we're doing is we're giving them Ritalin and saying, "Don't be an entrepreneurial type. Fit into this other system and try to become a student." Sorry, entrepreneurs aren't students. We fast-track. We figure out the game. I stole essays. I cheated on exams. I hired kids to do my accounting assignments in university for  consecutive assignments. But as an entrepreneur you don't do accounting, you hire accountants. So I just figured that out earlier ( raising children).

At least I can admit I cheated in university; most of you won't. I'm also quoted -- and I told the person who wrote the textbook -- I'm now quoted in that exact same university textbook in every Canadian university and college studies. In managerial accounting, I'm chapter eight. I open up chapter eight talking about budgeting. And I told the author, after they did my interview, that I cheated in that same course. And she thought it was too funny to not include it anyway. But kids, you can see these signs in them. The definition of an entrepreneur is "a person who organizes, operates and assumes the risk of a business venture." That doesn't mean you have to go to an MBA program. It doesn't mean you have to get through school. It just means that those few things have to feel right in your gut.

And we've heard those things about "is it nurture or is it nature," right? Is it thing one or thing two? Well, I don't think it's either. I think it can be both. I was groomed as an entrepreneur. When I was growing up as a young kid, I had no choice, because I was taught at a very early, young age -- when my dad realized I wasn't going to fit into everything else that was being taught to me in school -- that he could teach me to figure out business at an early age. He groomed us, the three of us, to hate the thought of having a job and to love the fact of creating companies that we could employ other people ( raising children).

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