This post was originally published here by Forbes.
He’s known as an under 30s magnate who, despite being a university dropout, secured a personal wealth of millions.
Jack Delosa, author, investor, and CEO of The Entourage, Australia’s most disruptive education institution for entrepreneurs, is also known as Richard Branson’s curriculum development go-to, BRW’s rich list staple, and all-round nice guy. That is, Delosa gives back, in the form of purpose and prose, with an aim to assist others in achieving their ideal life, bank account balance and dream career.
“My desire to give back stems from my upbringing,” he says. “When I was five, my parents ran a not-for-profit (NFP) called Breaking the Cycle that helped youth at risk to get off the streets and into employment.”
This experience, according to Delosa, taught him that the basis of his entrepreneurship should be shaped by societal contribution.
“It also taught me, through the approach that my parents applied by training youths for three months before seeking employment, that conventional methods might not work for everyone,” he says.
When the NFP folded, due to an inability to secure capital from the Australian government once the regulations towards NFP funding were altered in the mid-nineties, he learnt that one couldn’t help without securing finances.
“My father always said, you can’t run on love, trust and pixie dust,” he says.
These three childhood lessons not only formed a direction for Delosa’s flourishing entrepreneurship, but secured the base for his best-seller,Unprofessional, and his latest book, Unwritten – Reinvent Tomorrow.
“I wanted to introduce a more meaningful conversation about what it means to be an entrepreneur,” he says. “It isn’t just about raking in the millions.”
In Unwritten, Delosa puts forward the premise that entrepreneurship should mirror life. More specifically, that by being a better person, contributing instead of seeking wealth, one can reach their full potential.
“The counterintuitive principle of self-centeredness, is quite short-sighted,” he says. “If you start a business that has, at its base a higher purpose other than making money, you will ultimately make more money.”
He references Facebook and Google as examples of juggernauts that have aimed to change the world, as opposed to instantly reaping profits.
“When we find a purpose that is bigger than ourselves, we become more powerful in our ability to create,” Delosa says.
How does one find their higher purpose? According to Delosa, by being sure of oneself.
“The Michaelangelos and Richard Bransons of this world have a similar approach to their work and that is a strong sense of self,” he says. “They are in tune with who they are, what they want to accomplish, and how they want to contribute.”
Being true to oneself, as claimed by Delosa, is also an exercise in redefining terms that we have become accustomed to. That is, entrepreneurship might not mean starting a business or creating the world’s next big enterprise.
“Today, starting our own business has become synonymous with pursuing our dreams, and there is no correlation between the two,” he says. “An entrepreneur, to me, is anyone that takes control of their life and attempts to create their own future.”
Whether that be honing innovation, or reaching your ultimate position on the career ladder, living a meaningful life is Delosa’s true definition of entrepreneurship.
“What you do should be fuelled by who you are that’s when you do your life’s best work,” he says. “It’s not about becoming an accountant or entrepreneur. It’s about asking who am I? What do I care about? And then consciously developing a path that enables you to do that.”