Comments on: [Being Your Own Boss – Part 1] How to Develop an Entrepreneurial Mindset https://productivemuslim.com/being-your-own-boss-part1/#utm_source=rss&utm_medium=rss&utm_campaign=being-your-own-boss-part1 Meaningful Productivity That Connects This Life With The Hereafter Mon, 22 Jul 2024 16:11:28 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: Maymona Haq https://productivemuslim.com/being-your-own-boss-part1/#comment-286738 Sun, 25 Apr 2021 14:48:15 +0000 https://productivemuslim.com/?p=10181#comment-286738 Assalamualaikum. I’m a doctor and also want to become a entrepreneur and run two businesses, one of a hospital and one of a home-bakery… Please keep in your duas.

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By: Abukari Seidu Sakinatu https://productivemuslim.com/being-your-own-boss-part1/#comment-224582 Thu, 12 Jan 2017 16:27:44 +0000 https://productivemuslim.com/?p=10181#comment-224582 i am very much inspired . i am a Ghanaian young woman aspiring to be an enterprenuer.
i would be very grateful to have much more imformation on idea formation and business model development.

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By: m.chowdhury https://productivemuslim.com/being-your-own-boss-part1/#comment-207094 Fri, 30 Sep 2016 10:40:24 +0000 https://productivemuslim.com/?p=10181#comment-207094 hi there thanks for the useful information above mash allah . I really do think there is more to life than working just drains you out and its a waste of productive time people should learn to stop being sheep and let the gvt do what they want with us which is work and have high positions which increases taxes for their own selfish desires. being an investor or business person teaches you that you can pay the least tax possible as there are legit loopholes for people like this unlike your average worker or lawyer/doctor who pay the highest tax rate due to the tax reform act 1986. entrepreneurs get tax incentives by the gvt because they give people jobs, build real estate for people to sleep under a roof, and many other projects this is how the rich protect and compound wealth. We should be learning how to seek financial freedom to do the things we want to do, spend time with loved ones, learn more about islam and practice the five pillars of islam. and not to mention always seek to come up with solutions to the worlds problems we are facing today. these are the kind of people we would remember as they leave legacys, you wouldn’t remember lawyers, engineers doctors although surgeons have a gift ofcourse but still its life draining tasks that limit yourself to achieve greatness you still have to put in the hours same old boring thing over and over again. they say the laziest people are the people that keep saying they are too busy or have no time because they are too busy doing the same non sense dieing for the weekend to come. who needs a vacation from work ? it clearly means you need a break from that place you don’t want to be proves you don’t enjoy what you do otherwise why take a break. better to do something you enjoy, that’s the issue with proffessions and hobbies, you shouldnteven make your hobby a proffesion, because eventually you will be bored and sick of it trust me its human nature. then you wont know what your doing. most traditional parents teach their kids what they have been taught which is go to school go get a good job and invest in your kids and pension which is much riskier than being an investor/ entrepenuer who works on accumulating wealth without them physically working as the asset had been looked aftered from early stages which then rewards you for life and your next generations. that’s what our parents don’t think about or schools teach, the way markets changes and financial booms and busts they havnt got a clue that the middle class and the poor keep buying liabilities and putting debt on themselves which increases the supply of quantitative easing (printing money) from central banks which depreciates the value of the fiat currency which then increases taxes and cause inflation makes it harder to live and most people only have jobs and no passive residual income from assets this is dangerous. little did you know Britain is making the same mistake the US did 42 years ago with a pension scheme called ERISA 1974 which was a defined contribution type of pension where you would invest funds along with the company you work for would have to put a very small % in only if you did and if you didn’t then the company didn’t have to. the flaw to this horrific scheme is that the money was invested into the stock market by non investors (the saver mentality type of people) and told people stocks only go up when you and I both should know stocks go up down and sideways. and when theres a financial crash your savings and accumulation of the pension pot could potentially be wiped out so you put all your trust into thinking work all your life your pension and kids will save me but then face the real world and come out of your sanctuary and sit there think damn I wish I had an asset 50 years ago or some sort of business and made a difference . I can see the same thing happening to the UK in the nexty 50 years when we youngters get to that baby booming age of 75 plus asking your pension company ”show me the money” like from the movie jerry McGuire starring tom cruise.

I have only started seeing the way of an entrepreneur for the passed 6 months now and I am so glad I can see the bigger picture and islam does influence entrepreneurship as our prophet Muhammad SAW was one himself he made a change in culture and lead a nation shared his vision for islam. its the power to change peoples way of seeing things and making them understand. Allah didn’t say go get a good job and stick to it even if you don’t enjoy it. your just allowing the corruption take control of your life like that your should be taking ownership of your life and do things differently and think of out of the box. when you help others succeed you achieve great success also. we need to stop thinking like the average person and teaching our kids to be sheep. we need more entrepreneurs for the sake of this worlds future in order for that to happen is to increase the numbers to allow kids to unleash their amazing ideas from within and bring it to reality instead we send them to school to learn how to obey be loyal to your boss and be a slave to money when money is just a paper that decreases in value every second due to quantitative easing and debt ever since the gold standard was severed from the us dollar in 1971 by former us president Nixon. education actually came from the latin word ‘educe’ which means to draw out from within, instead school just put information in our head and not allow students to learn how to be creative and come up with ideas.
university’s teach students to get yourself in debt before they even step into work, which is student course fees this allowed banks to become richer anyway possible for banks to print money out of thin air is good for them. getting a mortgage is a silly mistake too rather pay council rent which costs less even if you don’t have ownership of your own home whats the point when your own house is a liability NOT an asset. takes money out of your pocket. better to have multiple houses which tenants pay you passive income from rent. better of building businesses while you live in a council house tbh. mortgage is poor practice as it came from the latin word mort which means death pledge so you agree to pay the mortgage for the rest of your active life just to take full ownership of an asset that never even put money in your pocket. I hope this helps some people who are questioning themselves into what they think they should do. I have amazing opportunities for people who want to earn passively who seek financial independence. those of you thinking if everyone were entrepreneurs then how would the world circulate, well let me tell you my fellow friend, that will never happen because there are always people who are scared to take risks and there are those very few who take risks and earn the rewards after that’s why they will always be different categories. a person with a poor mentality are like the middle class people who think they are rich because they have a mortgage and a financed sports car when that’s not the case because these are all liabilities and not assets. they don’t actually have pro active investments and ventures. these are the people who say ”I cant afford this’ which is a statement, which limits their thinking and closes options to ideas. but the rich say ‘what must I do to be able to afford this?” is a different question which opens the brain into a huge directive of ideas and gives you more options. like what the person who wrote this article said about how even if an entrepreneur does not have the sufficient tools and connections needed he/she will figure it out somehow and make things happen because they have a burning desire.

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By: a new start  – trials in life as a blessing https://productivemuslim.com/being-your-own-boss-part1/#comment-188715 Mon, 11 Jul 2016 13:42:10 +0000 https://productivemuslim.com/?p=10181#comment-188715 […] providing me with a source of side income (as being an entrepreneur and be involved in business consists of exerting significant effort and hard work, which is highly encouraged in Islam; as the Prophet  said: “No doubt, it is better for a person to take a rope and proceed in the morning to the mountains and cut the wood and then sell it, and eat from this income and give alms from it than to ask others for something.” [Bukhari] from productivemuslim.com   […]

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By: Abdul Rahim https://productivemuslim.com/being-your-own-boss-part1/#comment-140678 Thu, 24 Sep 2015 04:47:03 +0000 https://productivemuslim.com/?p=10181#comment-140678 Salam,I’m working for other Muslims at the moment selling clothing and sports accessories,but I dream of owning my own company as a Merchant but need to sacrifice and save more capital to get the resources.

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By: Elis Maidah Omar https://productivemuslim.com/being-your-own-boss-part1/#comment-132359 Sun, 02 Aug 2015 10:49:42 +0000 https://productivemuslim.com/?p=10181#comment-132359 Assalamualaikum Warahmatullahi Wabarakatuh
Such a good article. JazakillahKhoir.
I just remake my vision in my bussiness only for Allah.
And i believe that Allah with support me with the best.
May Allah give you the best too.
Salam, Elis

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By: muhammad guhfron https://productivemuslim.com/being-your-own-boss-part1/#comment-112196 Sun, 26 Apr 2015 05:40:33 +0000 https://productivemuslim.com/?p=10181#comment-112196 Assalamu’alaikum wr wb
Thanks a lot my brother.
Tulisan anda sangat bagus sekali dan menginspirasi,
I’m from Indonesia

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By: samira https://productivemuslim.com/being-your-own-boss-part1/#comment-87184 Wed, 18 Mar 2015 15:43:49 +0000 https://productivemuslim.com/?p=10181#comment-87184 mashAllah the article was very inspiring and motivating. right now as my final year in high school, I plan to become an entrepreneur in the field of environmental and international development inshAllah but I as of now I dont have any social skills or specific business skills, so is it possible to become an entrepreneur?

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By: Anonymous https://productivemuslim.com/being-your-own-boss-part1/#comment-85253 Tue, 10 Mar 2015 17:47:29 +0000 https://productivemuslim.com/?p=10181#comment-85253 Hello to every one, the contents present at this
web site are in fact awesome for people knowledge, well, keep up
the nice work fellows.

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By: Abu Fatima https://productivemuslim.com/being-your-own-boss-part1/#comment-79863 Thu, 19 Feb 2015 14:22:25 +0000 https://productivemuslim.com/?p=10181#comment-79863 Assalam-alaikum Obaid,
Very nice article and need of the hour. I liked it and wish that more and more people of our community understand this enterprenual mindset. There are a lot of misconceptions in our society about entrepreneurship. Most of us want to play safe and go only to the traditional feilds of employment. This is due to lack of self esteem and tawakkul in Allah as you have pointed out in your article. May Allah give you more strength to make us aware about different avenues of life. Ameen.

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