# 040 - Are You Really an Entrepreneur?

Are You Really an Entrepreneur But don’t be under any illusions, being an entrepreneur is not easy…but it is fantastic. I can honestly say that right now in 2020 it’s probably the best time ever to think about working for yourself. For being entrepreneurial. This is truly an entrepreneurial age. Here are 6 reasons why: 1.  It’s never been easier to start-up a business or to offer a service 2.  It’s never been cheaper to start up a business 3.  Information and guidance is everywhere, free on Google if you need it 4.  Massive amounts of money have been invested in infrastructure to make things easy for you. The internet. Payment portals. Challenger banks. Fiver.com. Upwork. Affiliate opportunities through eBay and Amazon and hundreds of thousands of other companies. 5.  Huge incredibly cheap distribution and supply chain networks 6.  Massive free or very cheap marketing systems such as Facebook, Instagram, Twitter, LinkedIn where you can zero in and target your ideal customers anywhere in the world And it’s going to get better. Here are another 6 reasons: 1. Population is growing all over the world…especially at level 3 and 4 where they can afford to buy goods and services online. 2. People are living longer. 3.The internet is getting better and more security is in place to keep your data and money safer that ever before and it will get better. 4. Future technological advances in the internet of things and Artificial intelligence will open up even more opportunities. 5. Innovation is encouraged more than ever. 6. Access to funds from Crowdfunding and cryptocurrencies is growing And the number of people wanting to learn about all of that is growing as more and more people realise there is no job security anymore. So are you really an entrepreneur? Could you handle the downside? Because if you can, the upside is pretty good…and it's getting better! Join the Skill Stack Facebook or Instagram Groups.  Contribute.  Ask questions.  Invite answers. Join us on Twitter @theskillstack Go back and listen to some of the other podcasts.  They all have notes and all have action points of useful things for you to do. To quote a great 20th century thinker, Joseph Trumpeter. "Do not wait for the gales of creative destruction to wash over you." Download the Skill Stack e-book 22 Doomed Industries  and make sure that when creative destruction does come, you are not left shocked, swimming without a costume on and no lifejacket.

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The speed of change in the world is getting faster. You need new Skills to keep up. Every new skill you acquire doubles your odds of success. Your value to the world grows through just 1% marginal gains, through compounding and the Entourage effect You just need to improve by 1% in specific skills to be in the top 20%. If you’re in the top 20% in a number of skills that go well together, you will end up with enough skills, stacked in such a way that you will be sought out by others and as a result you will have more confidence, be happier, healthier and earn more money.