Why be a job seeker when you can be a wealth creator and job giver?

A common question that often arises when I sit down with younger people is: ” Now that I am glad to have graduated, how do I find a job, what is your advice? What do I do? Can you really help me given the vast network of contacts you have?”

After listening to that question many times, I came up with a response which I believe says it all.

First off, why should you be looking for a job? Why don’t you think of something else? Why don’t you create for yourself and others a job and acquire the freedom and wealth you really want?  Why don’t you create a new world for yourself rather than wasting yourself in chasing one tiny little job here and one tiny little job there?

For first time listeners and normal people this seems outrageous and a pretty radical and scary concept. They would ask: “How can I create jobs when I don’t have a job myself? It felt so contradictory to them.

So my response to them was: What good is your education if you cannot be creative enough and become a self-sustaining individual capable of taking care of yourself first?

Start a small enterprise; it doesn’t have to be big, and by the time you finish your education, you already have a small business that you can work on and grow because you have gone through the start-up phase.  You are ready for the whole thing.

Amazing how for the most part their eyes go wide open and their heart starts beating fast- like if they have seen the light – if only though they had the courage to do it.

It is a fact that unfortunately, we have nowadays a system that tells half the population of the world that if they are poor, it is their fault, and they are no good…which brings up an important question:

Who is creditworthy today? Is it people without collateral who pay back their loans or those with lots of collateral who are not paying back? I personally believe that the definition of credit-worthy does not and should not depend on collateral or capital but on integrity and motivation.

As long as the banking relationship remains rooted in solid ground with real people, real businesses and real valuations, it cannot go wrong. The big banks started going wrong because they moved away from the real economy. They made decisions and loans based on speculation and castles in the air and shut down capital access to millions of entrepreneurs and would be entrepreneurs with a huge potential ahead.

Such entrepreneurs with no access to capital and thus forced to find a job as a means for survival had their dreams dashed and opportunities lost. As to the banks, exactly what you get when you move away from the real economy to an artificially constructed system.

It is high time to redesign the system before we move on into the future. If we leave things untouched, even if we create a “normal” situation, that normalcy will not last long.  It will be following the same track and end up in disaster again, maybe even a bigger one than we have right now.

Coming back to those kids asking me about what to do for the rest of their life now that they have an education – Clearly not everyone is a natural entrepreneur. Many people are happy to choose the supposed security of being an employee over the risks of starting their own business. That is fortunate. Entrepreneurs need employees. It is kind of funny though, because the employee who chooses the imaginary security of a job is actually gambling on the success of the entrepreneur’s business as much as the entrepreneur is gambling on his/her own success.

Life is a gamble indeed. It’s harsh and painful most of the time, and it’s not for the timid. Spoils go to the victor, not to the one who doesn’t even show up for the battle.

Most importantly, never forget: The victor is always the guy in control not the one in charge.

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Written by

Ziad K Abdelnour is a Wall Street Financier, Author, Philanthropist, Activist, Lobbyist, Oil & Gas Trader & President & CEO of Blackhawk Partners, Inc.,