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How to Stop Trading Time for Dollars

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What makes an Entrepreneur tick?

I'm so tired of people not understanding me. I am an entrepreneur, and I realize now that I always have been. As a kid I used to buy candy from Sam's Warehouse to sell for pocket money. I've tried working for others. I've done assembly line work, operated a switchboard, computer support, and even mortgages. The only job that I ever really enjoyed was the one where my boss would let me work on my EBAY business when I did not have work-related assignments to complete. He gave me free reign. Unfortunately it was a college job that went away as soon as I graduated. Oh yes I have the credentials. I have a Bachelors Degree of Business Administration in Computer Information Systems, and I was working on a Masters in Information Technology. I just got tired of adding to my massive education debt load.

My point is this:

Not everyone is designed to be an employee. If you cannot find a profession that you are totally passionate about maybe you too are supposed to be an entrepreneur. Life is way too short to do something that you hate or leaves you feeling unfulfilled.

My hope is to present information and resources on this site that will help you make a decision. I'm not going to say that it is easy. Please keep an open mind and hear my heart.

Entrepreneuralism; Squdoo Style

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What Charactoristics, qualities and mindset must you have to consider yourself an Entrepreneur?

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A Job or a Business?

Which is Riskier?

I was listening to Dan Miller's Podcast a couple of nights ago He mande the most extraordinary statement. It hit me right between the eyeballs. The qustion is: Which is really riskier, having a "safe secure job" or owning your own business.

Dan answered it this way. Whether you realize it or not, you are in business. When you work for an employer, you are selling your services. IE your time and expertise to one customer; your employer. When you have a busienss you have multiple customers. For example if you are a hotdog vendor, with hundreds of customers, if you lose 1 customer are you still in business? Of course!

Let us know what you think. Please feel free to comment in the form below.

Which is riskier? A job or a business?

Please Comment Bleow

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  • Reply
    Jan 30, 2011 @ 2:25 am | delete
    It's depend on a person if the person have a passion to do business and have quality of a good entrepreneur skills. He must do business. Business is riskier but if you want to be a successful this is the only way.

    sales training sydney
  • Reply
    michaelblaes Mar 4, 2008 @ 9:34 pm | delete
    Hi Linda, That is a great point. In my mind however, you can minimize the risk, by taking slow and methodical steps using proven strategies. So like my old Pastor used to say, "Plan your work and then work your plan."

    To Your Success
    Michael Blaes
  • Reply
    Linda Ellsworth Feb 27, 2008 @ 3:18 pm | delete
    That's a large question with so many experiences and variables attached from those of us on both sides of the equation. In my experience, I would say business is riskier because one needs not only to be competent and willing to learn more each day to flourish; one needs to be passionate about the business they're in, and to share their expertise. Sending best wishes for your business, Linda Ellsworth
  • Reply
    DavidHuff Feb 15, 2008 @ 6:24 pm | delete
    A job (unless it's a government job) is only as stable as the business that is creating that position. There's no reason a business can't be stable, it just takes some time to get to the point where it's well established. The main difference is that if it's your own business, you have more control. That can be good or bad depending on how competent you are as a business person.
  • Reply
    Feb 15, 2008 @ 2:46 pm | delete
    It's going to be difficult for me to answer this without bias and objectively.

    Before I became "unemployable" due to circumstances beyond my control, I think I would have said... Business is risky.

    However, that was when the only business model I knew was either the "Mom and Pop" venture or the "Big Corporation" ventures.

    So, knowing about the "Internet Based" business model now, my thoughts of business-related risk have greatly subsided.

    I am so bias because Internet Marketing is my only means of survival now. For me, it's Internet Marketing or living on the streets.

    Honestly, though... even knowing all of this, I would have to say....... "yep. Business is more of a risk."

    And, Michael, what you said above was so true. Some people just are not cut out to work for others. And, in my opinion, you should never have to justify your decisions or your thoughts to anyone but your self and your wife. Best of luck to you in your business! Wendy J. Roan
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The Call of The Entrepreneur

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What has been your biggest challange in developing your online business?

Getting an online business going is extremely difficult. To do it right requires a huge learning curve. There are so many pieces that have to fit together.

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michaelblaes

Teresa and I have been married for almost 2 years. We just had a baby girl named Mandy.

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