Entrepreneurials

I'm sure everyone has their own thoughts on specific points of being an entrepreneur, but it basically boils down to being a "Risk Taker".

Most people are cut out to be employees. They need the security of having a job with a "guaranteed" paycheck. They may also require supervision and daily guidance to fulfill that job, but not necessarily.

On the other hand, the entrepreneur prefers to chart their own course, and is willing to forego the income security offered by a job, to build their own source of income. Some may go with an established system, franchise, or other bizopp, while many will create their own business.

Some would reject the idea of a franchise buyer as being a risk taker as they are investing $20,000 to $500K or more to limit their risk, buying into an established system, but they are still risking their investment, with no sure guarantees.

Different entrepreneurs will have various reasons why they take the entrepreneurial route. Some are simply motivated by the prospects of earning a higher income, while others are looking for more satisfaction from their career.

Still others may prefer the total independence from having someone looking over their shoulder, depending on their self-motivation and discipline to stick to their work. The freedom to choose your own schedule is a component of the desire for indepence.

In reality, it is a combination of the various motivators, with each entrepreneur having different priorities on the income, independence, job satisfaction, etc.

Having been full-time self-employed since 1987, I probably am unfit for a regular job for more than a short period.

After having been self-employed for so long, the guarantees and perks that come with employee status appear to be more enticements to cause workers to "settle" for less.

That fits in with Maslov's theories of human need for security, basic necessities, etc. As long as the worker has his basic needs met, he or she will accept what they are given. They trade their freedom for the guarantees of the job.

JMO!

Dennis Bevers




My home-based business in the entrepreneurial realm!