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How Entrepreneurs Respond When A New Industry Emerges

When I lived in Zimbabwe, I became friendly with a white family that owned a well established motor vehicle distribution business, that had show rooms nationally at the time.

How Entrepreneurs Respond When A New Industry Emerges:

When I lived in Zimbabwe, I became friendly with a white family that owned a well established motor vehicle distribution business, that had show rooms nationally at the time.

One day I asked them how their business started:

“Our great grand father came to this country when he was a young man, in the 1920’s. He travelled one day to South Africa, and saw cars for the first time. He immediately realized a new industry was being born. So he gave up farming, and started to train as a motor mechanic. When the wealthy guys started buying cars, he offered to repair and maintain them. He soon became one of the richest people in the country at the time.”

This is the story of entrepreneurs, the world over. They see something, and they immediately take action. Remember Jack Ma’s first visit to America, when he was an English language teacher?

He saw the Internet for the first time. What did he DO? He rushed back home and set up Alibaba! He did not say to himself “but the Chinese have no computers, and they are too poor. Or data is expensive!” People who talk like that will never, ever start anything, because they are already building barriers to themselves,beginning in their own minds.

Every barrier begins in the mind-set!

Don’t be like them. “I learn to do”!

By: Strive Masiyiwa, Zimbabwean Billionaire