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For Entrepreneurs Opinions Mean Nothing

By Brian Keen |

Last month my article had the term "opinion" added to my title. Ethicists do not offer opinions, they offer conclusions. In my case, these conclusions are based upon scientifically-verifiable data.

Opinion has nothing to do with my article unless it is appropriate for cashiers to give any amount they feel is appropriate. Prior to this incident, I asked numerous cashiers if they were given 3 loonies and told by the customers that they were philosophically predisposed to 1 + 1 = 11, and that 1 + 1 + 1 = 111, would they accept it.

Every cashier that I spoke to said that they would never accept this position since $1 plus $1 equals $2 in Truth.

As an entrepreneur, I have had people express opinions about some new enterprise that I wished to pursue. It wasn't until I watched Dragons' Den that I realized that opinions mean nothing. Only when people offer to "put their money where their mouth is" do I give them any consideration.

Canadian entrepreneurs now have tremendous opportunities to educate ourselves about how to make pitches to banks, venture capitalists, and others in order to facilitate growth.

There are many television series, like Dragons' Den in which one can learn about making pitches.

There are now numerous books available from all of the Dragons on specific topics that show entrepreneurs how to improve our expertise.

One of the Dragons, Kevin O'Leary, has 2 books specifically about the Truth. Kevin O'Leary has written, Cold Hard Truth: On Business, Money & Life and Cold Hard Truth: On Men, Women & Money. Both of these books are worthwhile investments for every Canadian entrepreneur. He lives the Truth.

As an ethicist I find that Kevin O'Leary lives the Truth and offers sound data. As chief advocate of the Theanthropic Ethical category (a scientifically-based ethical category) I know that the Truth is the basis of every scientific discipline.

A definition of an entrepreneur may be: one who sees potential even in problems. Through resolving problems entrepreneurs create wealth.

Opinionated people are the opposite since they are often prone to continually complaining about situations without even considering any type of resolution. In fact, they spend a great deal of time just offering opinions on topics about which they have no practical knowledge.

Social media has offered opinionated people the ability to think that they are knowledgeable about topics to which they have no right to express a view, since these are within the purview of professionals. Many people express opinions anonymously and pretend to know a great deal when they may know little or nothing about the topic or profession.

Entrepreneurs often join professional associations or establish professional associations. These professional associations establish professional and ethical standards.

Entrepreneurs know that the only Truth that can determine whether we are successful or not is the amount of sales achieved. Sales are objective standards that are based upon numbers in Truth. This is why Kevin O'Leary recommends hiring the Chief Financial Officer (CFO) first.

When opinionated people attempt to become entrepreneurs they base their potential for growth on subjective standards. We can see these types of people on television on Dragons' Den. They are the people who say things such as, "There are so many people that need my product and if I just get ten percent of this group, we'll all be millionaires." No matter how many times the entrepreneurs who are now venture capitalists tell these opinionated people how to be successful; they object that they know better than the venture capitalists. No matter how practical the advice given, opinionated people will just not listen.

Here is a wonderful open opportunity to learn about succeeding in business and often opinionated people refuse to even listen. Sometimes they say rude things to the venture capitalists who are really trying to help these hopelessly opinionated people.

Opinions count for nothing. Opinions are simply subjective attitudes, with no basis for scientifically verifiable objective standards.

Canadian, Eh!

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