Researching the latest newsletter article on “Getting Rich”
– yes, these things really are researched – prompts the reflection that the
road to riches often lies through poverty.
Make no mistake: becoming an entrepreneur is at best the
postponement of enjoyment. It is working while others rest, investing while
others spend, and, above all, taking the initiative while others go with the
It is giving up present happiness in the hope of greater
happiness in future. This is gambling, pure and simple, and, as with all
gambling, there is no guarantee of success.
on its own is unlikely to make anyone rich – especially since life has a habit
of sending the unexpected to show the folly of relying on the assumptions
behind detailed budgets.
While frugality – or, at least, relative frugality – remains
an inescapable part of the life of the entrepreneur – at least in the early
days – it should not be mistaken for the whole of it.
Indeed, an entrepreneur may be a better entrepreneur for
stopping from time to time in order to enjoy some of the fruits of his labours
and remind himself why he is doing what he is doing.