   
We've all
heard of entrepreneurs. Then there was the emergence of mumpreneurs,
followed by dadpreneurs and any other type of 'preneurs' you care
to name. But at the end of the day, they are just people with vision
and a will to succeed, against all odds. So we now have the rise of
the frugaleur.
In our current
economic climate, it isn't always easy to see beyond the overdraft,
the mortgage, escalating costs of living, the next debt payment or,
even, to the next pay day. But some people carry on regardless, in
search of personal success. These people have no obvious source of
funding, no angel investors and no financial backing from any finacial
institution. That could be because they are a new breed of entrepreneur,
followers of a frugal working and living ethos, debt free and proud
of it!
Have
you got what it takes to be a Frugal Entrepreneur or, what we call,
a Frugaleur?
It is NOT
impossible to earn enough Cyberdosh (Cyber = virtual, dosh = cash)
to generate yourself a healthy income and build a business, but the
big difference between the successes and failures is readily available
cash! Most things need it to start up, advertise, generate business,
achieve targets and grow to become successful enterprises.
So what is
a 'frugal entrepreneur'? It's someone who is starting out with very
little, in some cases nothing, and pursuing their dream or creating
their own frugal empire. Never give up the dream - you could be self
sufficient in earning your own bread, even if you're rubbish at baking
it!
Frugal
Entrepreneurs (Frugaleurs) are driven not by the need to make
money,
but by the need to realise dreams.
(Shamelessly adapted from a definition found on www.entrepreneur.com)
My definition
of a 'frugal entrepreneur' is someone who tries to make as much out
of life as possible without relying on others.
The ultimate goal is to live a rich and fulfilling life without having
financial worries.
-
Frugal entrepreneurs
or Frugaleurs judge their successes on freedom from debt and fulfilment
of a lifestyle dream. If it happens to lead to a fortune in the
bank, then so be it. It's simply a by-product of a frugal lifestyle
of making do, mending, bartering, recycling, reducing, reusing,
sharing and helping others reach their goals. You can always give
the cash away if you don't want it.
As a frugal entrepreneur,
I've pursued many, many different projects - some work, some don't,
none have earned my fortune, yet. But I think the secret has to be NOT
living within your means, instead, it has to be about living well below
your means, regardless of how little or how much that may be, and making
what's left work hard for you, preferably with as little risk as possible
to your capital.
What is absolutely risk
free, provides an adequate income and guarantees that your capital increases
to beat inflation year on year ad infinitum? The banks and building
societies certainly can't guarantee this, nor can premium bonds, so
my guess is that many people could soon be pulling a great deal of money
out of many financial institutions in favour of investing elsewhere.
The big question is, WHERE? You can discuss all aspects of frugal entrepreneurialism
here.
Dictionary Definitions
Frugal - http://www.thefreedictionary.com/frugal
Entrepreneur - http://www.thefreedictionary.com/entrepreneur
Frugaleur - A frugal entrepreneur
is in the business of making frugalism pay for the good life.
Find
out more - visit Frugaldom,
Kingdom of the Frugal Entrepreneur
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