Felix Laboy States Importance of Doing What You Love And Personal Satisfaction From Being An Entrepreneur

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Laboy14_moneyAdvice

For those of you that maybe interested in doing that, is really look at the sources of the money and make sure it's legitimate and I think you know, we've held out to a point because we ... what I wanted to say is, you know, if you're going to become an entrepreneur, a lot of individuals will do it because they want to make a lot of money. You know, the dotcom era back in the late 90s and early 2000, a lot of young people and a lot of people made a lot of money for not a lot of work to be honest and maybe not even a great product but it was a snapshot in time where individuals made crazy amounts of money. We're starting to see a little bit of that coming back now I think but what I would say, I would caution is, if you're going in, don't do it for the money, do it because it's something that you feel passionate about or that you think is a great idea and that you want to make this something because you're going to have to work really hard and it's 24/7 in some cases, you know, it's always on your mind if you own your own business and so if you're doing something and the goal is just to make the money, then you won't be as happy and I would say that you know, from the sort of a life experience perspective, I tell my kids who are 16 and 13, do something that you love and the money will come and so in this scenario when I started the company, my dream was not to make a ton of money, it was to be able to sustain my family with the same level, in terms of you know, economically enable to sustain my family but to also do something that was mine and you know, knock on wood, all of it has worked out. You know, the company has grown, you know, the money is there and we've been very fortunate that actually we've had a lot of interest in our company and so at one point or some point in the future possibly you know, we may at least be able to entertain some of those types of offers or situations as to what we do with the company but for now you know, we're very happy doing what we're doing. We're doing a great job for our customers, our employees love working with our company which is also you know, something that we feel very proud of and I'm having a great time. It's a wonderful thing to be your own boss and to make decisions on a daily basis. So I encourage anyone that wants to be an entrepreneur to do so.