creativity | wealthymatters

Losing The Fear Of Poverty

October 1, 2014 1 Comment

wealthymatters Many people stick to jobs they detest. Why? It’s often the fear of poverty and the fear they can’t manage without a regular source of income. Not having a regular source of income, is far from ideal and stressful, but many people learn to manage and it gives them an shakeable confidence in their ability to weather financial reversals in life. Quite unlike the multi-millionaire here:Link

Here is the story of Sagar Yadav to help you lose your fear of poverty: Read more of this post

Filed under Entrepreneurship, Theory, Tool Kit Tagged with creativity, fear of poverty, innovativeness, postaday, self confidence

Starting With The Tried And Tested

February 3, 2013 2 Comments

wealthymatters While in San Francisco in 1970, Anita Roddick visited a tiny hippie shop on Union Square owned by Peggy Short and Jane Saunders, two sisters by marriage.It was a fun place, offering “biodegradable” shampoos and lotions made with avocado, cocoa butter, and cucumber, packaged in small, round plastic bottles with hand-written labels that were refillable at a discount.The store carried freshly made glycerin soaps scented with strawberry and lemon and perfume oil redolent of gardenia, woody sandalwood, and honeysuckle. It was housed in CJ’s, a car repair garage so the two founders cleverly named it The Body Shop.

When Anita opened her first shop six years later,she used the original Body Shop as a template.The original Body Shop brochure noted: ‘All of our products are Biodegradable & made to our specifications (Bottles 20 cents or bring your own).’ Anita’s version read: ‘All our products are biologically soft and made to our specifications (Bottles 12p, or bring your own).’The original offered Four O’clock Astringent Lotion; Anita sold Five O’clock Astringent Lotion.

In 1987 Peggy and Jane accepted $3.5 million from The Body Shop to change their name to Body Time. Read more of this post

Filed under Entrepreneurship Tagged with Anita Roddick, Body Shop, Body Time, creativity, innovation, Jane Saunders, originality, Peggy Short, postaday

Anita On MBAs In Entrepreneurship

January 31, 2013 2 Comments

wealthymatters.com “I often get asked to talk about entrepreneurship – even by hallowed institutions like Harvard and Stanford – but I’m not all convinced it is a subject you can teach.How do you teach obsession, because more often than not it’s obsessions that drives an entrepreneur’s vision? Why would you march to a different drumbeat if you are instinctively part of the crowd?

If I had learned more about business ahead of time, I would have been shaped into believing that it was only about finances and quality management. There is a sort of terrorism that comes with the operations and the science of making money, but by not knowing any of that, I had an amazing freedom.In the business school model, entrepreneurs are most at home with a balance sheet, a cash-flow forecast and a business plan. They dream of profit forecasts and the day they can take the company public. You certainly must be able to wield these weapons. But these are just part of the toolbox of re-imagining the world. They are not the basic defining characteristic of entrepreneurship. Read more of this post