Essential Tips for Entrepeneurs



IP is your Intellectual Property.  This is not something you have heard another say, or something you have the rights to that someone else created.


A retail business sells work created by another person. They can do this respectfully and  successfully and, done right, can be inspiring.


The simple and impactful way to explain your IP is with a story shared by Charlie Munger in an interview:

"I'm often visited by young men who say something like -

"I'm practising law and I don't like it, I want to be a billionaire, what do I do ?'


And Charlie says to them -
'Well, I'll tell you a story...

A young man goes to see Mozart, and he says - "Mozart I want to start composing symphonies".

Mozart asks - how old are you ?

The guy says '22'.

And Mozart says - You are too young to do symphonies.

The young man says, but you were 10yrs old when you were composing symphonies.

And Mozart replies:

Yes, but I wasn't running around asking other people how to do it."

For your own sanity - work your own IP.

Here's to the wonderment of your  uniqueness.


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 © 2006 - -2021 Terrie Sanders Consulting.  Healthy Human Performance P/L