In this episode Carl talks about why focusing on the money is never a good reason to start a business. He gives examples of how some successful business leaders started and what their original focus was and also one of the worst examples of financial greed from the banking crises of 2007.
Do you suffer from financial greed? Are you planning to start a business or have started a business recently and you have visions of Bill Gates (Microsoft) or Mark Zuckerberg (Facebook) and all the money they make?
If making lots of money is your sole or even main purpose of starting a business then I want to make you aware that you are likely to fail.
You see Bill Gates and Mark Zuckerberg never had financial greed as their reason for starting their businesses. Bill Gates wanted to bring computers to the people. He wanted every home to have a computer in it. Mark Zuckerberg started Facebook because he wanted people to be more connected. They didn’t start their businesses to make lots of money and become rich. They actually avoided financial greed by living very modest lifestyles during the early stages of their business and focused on their passion.