✏ What Are the Odds?

It seems as if a prerequisite for success these days is to start your business out of your garage.

Those garages were the original corporate headquarters for many familiar businesses including Apple (Steve Jobs), Microsoft (Bill Gates), Amazon (Jeff Bezos), Brownfield Funds (“The Big Short’s” Charlie Geller and Jamie Shipley) and Julio Palmaz (heart stent).

“What Are the Odds” – Trivia?

  • For an amateur to make a hole in one: 12,000 to 1
  • Being struck by lightning: 960,000 to 1
  • To win the Powerball: 292,000,000 to 1

“What Are the Odds” – Business?

  • Start-up businesses surviving one year: 70 out of 100
  • Start-up businesses surviving one to five years: 50 out of 100
  • Start-up businesses surviving up to ten years: 34 out of 100

Which set of odds is most intriguing to you? 

For the vast majority of people, trivia is the choice they stick with. However, for the thrill seekers who thrive on betting the house on calculated risks, they see the challenge in being an entrepreneur. Research those who have experienced tremendous entrepreneurial riches over the last 20+ years and see — was it luck or risk?


Success is not for the weak at heart. It’s a never-ending investment of time, energy, ego and sacrifice. It is a lonely journey, because in most cases, the money is not there to fund a team — you are the team.

We all play the odds in some way, but to what extent are you willing to sacrifice everything you have based off the unwavering confidence you have in yourself?

The speed with which technology propels business today as opposed to just 10 years ago is the difference between millions in profit over a very short period of time for one business, compared to millions lost overnight for another.

However, for the obsessed entrepreneur, the one emotion you don’t want to experience is REGRET. If you’re young enough and have really good mentors, you can, but, if the rear-view mirror is all you focus on, you’re going to have live with it.

Entrepreneurs live off a simple philosophy – NO RISK, NO REWARD. 

Successful entrepreneurs spend a tremendous amount of time on the most meticulous details to test every theory against their ideas. They don’t ask themselves “how can it succeed”, but rather, “how can it fail?” They are obsessed with the research, data, analytics and input. They strive to make the impossible possible.

They refine their concepts — sometimes for years — before the first returns ever come to fruition. You see, great things never come from comfort zones; it takes courage, patience and numerous rejections to succeed.

There are plenty of examples of familiar names who lived off ambition as opposed to a paycheck:

  • Mark Cuban (Dallas Mavericks) was a bartender until the age of 25
  • Suze Orman (Finance/Stockbroker) was a waitress until the age of 31
  • Sheldon Adelson (Las Vegas Sands Hotels) sold shampoo until the age of 30
  • K. Rowling (Harry Potter) was single mom on welfare until the age of 31

Was it luck, or was it the sense of adventure to prove everybody wrong and beat the odds beyond all expectations? The only plan guaranteed to fail is one without taking risks. Great achievements take great risk.

When these folks see the return on their investment, they don’t think in terms of how much money they made. They think of how much more they could have made had they executed it in another way. It’s not that they are greedy; they are perfectionists.

Unless you are willing to push the limits, success will elude you. Success requires action, how else would you measure their achievements?  Be bold and have the ambition to turn your dreams into reality. You only live once, why not create the legacy of an anomaly?

Start with cleaning out the garage, though . . .

Leadership is a privilege.


Humbled to lead,

#chargeup   #lessonsinleadership   #leadership   #lead   #process  #patience #change #venture  #lead  #prosper #reflect #inspire #empower  #motivate  #beyou #gratitude  #integrity  #starttoday  #humilty



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©2018 Victor Pisano/Charge Up. All rights reserved. You are free to use portions of this publication, provided the following credit is listed at the bottom: ©2018 Victor Pisano/Charge Up, is a media-based entity that provides intriguing, innovative and distinctive content, engaging its readers with real-world challenges and solutions while embracing obstacles and the value that failure can provide. While that sounds serious, we promise you will both learn AND laugh (and sometimes cry).Contact Charge Up at victor@chargeuptoday.com or visit our website at www.chargeuptoday.com.

Victor Pisano✏ What Are the Odds?

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