Everyone wants to be an entrepreneur

I attended training recently at my company and the instructor asked who wanted to start their own company. To my surprise, 95% of the class raised their hand (Only like 1 girl didn't?). The mean age being approx 35, its a wonder why people in the class didn't make or take the initiative to start the business of their dreams.

I reckon, what stopped them was:

1. Fear of failure
2. Conservative
3. Bird in hand is better than 2 in the bush. Remaining status quo always seems attractive.

So what stopped you from starting the business of your dreams?

Well for me it is the lack of a better idea. I do not see a suitable business idea that I can be truly passionate about that I can do for the rest of my life.

A good idea is not necessary, great execution is.

What are your thoughts?

Who is Darius Cheung?

Darius Cheng, Co-founder of tenCube, a technology firm that was acquired by McAfee. tenCube owned proprietary mobile-phone security software, WaveSecure, that allows you to lock your phone remotely, track usage of the device, back up data through the Web, and remotely wipe your private data off the phone even after you lose it. It's been said that the deal size was approx US$15 million.

Most recently, he has been working on a new venture, BillPin, an expenses sharing mobile application on iOS and Android.

Blog

Having left one of the big4 firms, I am now free in investing in whatever counter I am interested in! Gathering inspiration from investment moat, assi, dividend warrior, this blog aims to chart my journey towards financial freedom.

Passive Investing

Definition of 'Passive Investing'

An investment strategy involving limited ongoing buying and selling actions. Passive investors will purchase investments with the intention of long-term appreciation and limited maintenance.

Investopedia explains 'Passive Investing'

Also known as a buy-and-hold or couch potato strategy, passive investing requires good initial research, patience and a well diversified portfolio.

Unlike active investors, passive investors buy a security and typically don't actively attempt to profit from short-term price fluctuations. Passive investors instead rely on their belief that in the long term the investment will be profitable.

Read more: http://www.investopedia.com/terms/p/passiveinvesting.asp#ixzz2IoOXhRQJ