Entrepreneur Vs Employee

The differentiation between an Entrepreneurs and Workers state of mind is drastic, and dependant upon where you fall on the spectrum, may either make or break your success in this field. Entrepreneurs seek freedom, Employees seek protection. Entrepreneurs are willing to place themselves on the line, take large risks, and work there tails off in the quest of personal freedom. The idea of getting a manager tell them what to do, getting to work a 9-5, and being told what to do when goes against each of their morals. This leads the Entrepreneur to take large risks, and walk an excellent type of security less abundance.

 This state of mind additionally leads to Entrepreneurs often times not save as much money as Workers until they've reached a certain degree of income. Instead of saving, they may be more concerned about having the power to INVEST HEAVILY in their higher return assets in order to create volatile increase. On the other hand, Workers will do anything to avoid danger, and ensure security. A manager telling them what to do, a fixed 9-5, and an inflexible lifestyle is just a cost they may be willing to pay for that security. Employees have a tendency to have a Lack or poverty state of mind with regards to money and abundance, and consequently have a tendency to save just as much as they could so as to reduce risk.

 While workers often times do not have to experience the sense of extending their comfort zones, they also do not get to experience the vast large quantity of the world, as they may be constantly trading their time for money. Employees prefer to get paid a hourly rate, while Entrepreneurs prefer to get paid based on outcomes. Entrepreneurs understand that it is physically difficult to generate wealth through trading your time to get money, and so rather than trading their time to get a fixed hourly rate, they often spend their time building systems which will work for them and create revenue for their business whether they are actively working or not.

 Again this thought process implies more risk, but additionally potentially much more reward. In case the Entrepreneur screws up, it implies this they invest hours of their time with zero return. On the other hand, when you do it right, the return is much larger than any hourly wage could afford them, plus they get to live their lives on their very own terms. Conclusion: In not wanting to take risks and in seeking a Safe life, Workers significantly hinder their overall potential. While Entrepreneurs, in taking risks and placing themselves on the line give themselves the opportunity to live a general MUCH MORE FULFILLING LIFE.