Is Entrepreneurship a Religion?

Such an absurd thing to say, right? To fathom that such a lifestyle could be considered a religion must be insane!

Or is it?

Entrepreneurism. That’s what I like to call it. It’s the belief that an individual can make a difference in the world through faith in one’s self. A mix of Buddhism and Hedonism, to an extent, in the sense that entrepreneurs see themselves as prime innovators as well as compassionate and giving mentors.

Let’s compare my Entrepreneurism to the standard principles of a modern religion: there must exist a prime belief, services which cultivate the belief, tithing, and a set of morals one must follow.

Prime belief: Entrepreneurs believe in innovation. The belief that an idea can change the world, no matter on what scale that might be.

Services cultivating the belief: Entrepreneurs attend seminars, webinars, motivational talks, growthathons, hackathons, startup weekends, 24 hour startup events, and etcetera… The list goes on with detailed services which entrepreneurs subscribe themselves to frequently.

Tithing: Entrepreneurs give back to other entrepreneurs through the means of angel investing. This industry has grown so much that billions of dollars are being seeded by angel investors each year. I think we can check tithing off the list!

Set of morals: Entrepreneurs believe in standard ethics and adhere to a wide acceptance of the world’s changing opinions. Every entrepreneurs varies in their own subjectivity, but that is prevalent in all religions.

Now, having a strong theological background (yes, in addition to the actuarial & risk experience), I understand that this, like Buddhism, can technically be viewed as a philosophy. But if individuals exercise their entrepreneurial spirits so fervently, it becomes more of a religion than simply a philosophy. A philosophy is a set of beliefs by which we follow, but a religion is a philosophy by which we dedicate ourselves to.

It’s food for thought as I sit here on a bus back up to NYC from DC.

-ZJB

Ladder Marketing: Social Building

So I’ve come to understand a new concept of marketing via “social ladders”. Commonly mistaken as a medium for mass spamming, this Ladder Marketing feature entails the following:

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Before I continue – yes, Ladder Magic is my experimental group for testing this concept. I’ve actually grown my test group to about 200 members (via Facebook) or “agents”, as I’ve come to call them. So the way this works is primarily by building a network of people who all have a common goal of promoting a business or some kind of content. A sharing community, you could call it.

The neat thing that I discovered for myself was that the bigger the group you lead, the greater social presence you can attain. You build genuine relationships with your agents and they will end up helping you out even more so because of your personal connection.

That about wraps up what I wanted to write about. I’m mobile on a trip back from Washington, DC, so I’ll be sure to add more once I get back!

I wish you the best in all your ventures!
-ZJB

Failure is Opportunity

Life as an entrepreneur is not as glamorous as many might perceive it to be. For one to be an entrepreneur, there needs to be a certain level of failure one can withstand. Entrepreneurship is all about the failure, the risk, the chance of pouring your soul into something, only for it to fall apart. There’s a reason why entrepreneurs become so successful – they see failure as opportunity.

Take a look at any of the big entrepreneurs of today. Looking at Mark Zuckerberg and Bill Gates, they all had something in common: both encountered an incredible amount of negativity and obstacles along their path to success. They had to work through tough times and recover from incredible losses. Mark Zuckerberg, as portrayed in the film “The Social Network”, ends up being sued by his three founding partners. From those troubles, Zuckerberg emerged positive, and pushed through the tribulations. Now, not only is Facebook one of the most popular websites on the face of this planet, but Mark has joined a movement called Internet.org – an initiative to bring technology and the internet to people around the world. Out of his failure in losing all the founding partners from Facebook, spending countless hours working out the settlements, and most likely to the point of emotional duress, he came out strong.

Bill Gates is another icon not many know to have failed. When Bill first started out with Microsoft, Apple was already making much more progress than he. But Apple valued the technology Bill was developing, so much so that Steve Jobs hired him to work alongside Apple. But when Steve found Apple at a point of superiority, Bill was seen as expendable. So Steve Jobs called up Bill Gates in the middle of a keynote and subsequently fired him. Imagine being fired in front of an audience full of peers whom respected you? I’d feel absolutely horrible.

Nonetheless, Bill Gates rose from his failure and seized the opportunity to show the world what he was truly made of – which, if you looked him up today is approximately $81 billion, far more than Steve Jobs ever had. Not to mention that Bill has given over $24 billion of his own money to fight malaria and other predicaments over in Africa.

The point of all this is that from failure, you can always find opportunity. One can always find a way to rise, rebuild and recover.


I hope you enjoyed this insightful post regarding my entrepreneurial philosophy. If you enjoyed it, consider subscribing to my mailing list – I send out just one email per week (usually Friday mornings) and it contains a bountiful amount of valuable content I don’t normally share with non-subscribers.

I wish you the best in all of your ventures.

zb