Are You An Employee or Entrepreneur?
All entrepreneurs start out as employees.
No entrepreneur ends up as an employee.
It's just impossible.
The message here is that we need both. Employees help shape the world, if an entrepreneur will hire them. Thus, without entrepreneurs there would be no employees---and vice versa.
However, there are far more virtues of being an entrepreneur, if it is right for you. The reason why you are reading this is because you or someone you know is aiming to start or grow a business and you want more clarity. Here it is:
The employee sees a great opportunities and selects the one that lines up with their goals. Everything on the job must be compatible with their life. The work is challenging enough to personally and professionally.
The entrepreneur sees many opportunities and tries to embrace them all. Even after a few months, they may not receive any direct benefits. The payoff seems impossible at first. Suddenly, it comes in abundance.
The world is run entirely by entrepreneurs. They make up less than 10% of the population. They hire and control 90% of the world, who are employees.
The employee is confined to a schedule and responsibilities that were largely created by a manager, who is indirectly or directly led by an entrepreneur with a vision.
The employee seeks to earn wages. They believe that they are 'worth' a specific dollar per hour. Most of them don't tend to do more than what they are paid to do. Many of these employees are forced to make difficult relationships and environments work, even if it feels completely unnatural to them.
If they want a raise, they have to prove their merits to higher ups that they have 'earned' it. If they get it, it's usually less than several thousand dollar per year. Most people don't even bother going after raise at all. There is usually NO cash flow for an employee.
The entrepreneur seeks profits. They will not undertake a task unless it is profitable. Much of what they do can be delegated, automated, and/or outsourced. They earn income in multiple ways and help others do the same. They seek to earn a cash flow and can sell their business to earn their fortunes. In short, they create wealth.
If they are astute, they use their profits to enlarge their business, which can never be done by most employees. They will not deal with relationships or environments that strain them for a long period of time, because they have control of most of what they do.
Most employees do not fully understand the system that the entrepreneur created, especially if there is no direct contact with them. They tend to go along with the flow and conform to the pattern that was established by their predecessors.
Most entrepreneurs can never fit as employees because they must understand the system that was established for them. If someone tells them what to do and how to do it, they want to know why. Usually, when they ask why (and typically don't receive a legitimate answer) they seek to create a better system than the one that they were formerly apart of. They find solutions.
While most employees believe the 40/40 plan for retirement (work 40 hours per week for 40 years and smoothly retire with a gold watch), they sit back and wonder why they lost their job, if they ever do. They want just enough and are content by knowing that amount of money they'll earn. They seek security and seldom believe that they can become millionaires in their lifetime.
The entrepreneur looks for financial independence as soon as possible. They seek to become millionaires within 5-10 years, which usually happens sooner if they are aggressive. They seek opportunities relentlessly and never know how much money they will earn. They aim for financial freedom and rarely takes more than a decade if their savvy.
When most employees think about becoming entrepreneurs, they either believe the judgments that they've heard (which are usually incorrect) from others or they seek the truth by discerning the knowledge that was disseminated abundantly.
When most entrepreneurs think about becoming employees...well that's impossible---unless that ran their business like an employee!