THE REAL DIFFERENCES BETWEEN BECOMING AN ENTREPRENEUR VERSUS BEING SELF-EMPLOYED
There comes a time in your business where you need to decide whether you’ll become an entrepreneur or stay self-employed.
You see, even when you own your own business and have the head title of “Founder” or “Director” it doesn’t make you any less of an employee, you are just serving another boss, an often more demanding, stricter boss at that – yourself.
So what’s the real difference between being self-employed and an entrepreneur, you might be wondering? After all, you’ll still be in charge and you’ll still be working, right? Right. That’s why the real difference isn’t found within your workload, it’s found between your ears. Your mindset, the way you think, and the way you view the world and business.
A self-employed person, for example, tries to do everything themselves, as no one will do a better job than them. An entrepreneur, on the other hand, knows that they can’t do everything so they delegate responsibilities to people they trust, who are smarter and more experienced than them in those areas, but still keep people accountable for their actions.
A self-employed person wants to own everything for security. An entrepreneur wants to own as little as possible but control everything. And that’s just the beginning. To see what makes an entrepreneur truly different from being self-employed, let’s look at the characteristics of an entrepreneur.
Entrepreneurs aren’t afraid to take risks to achieve their dreams
I’m not talking about careless risks (though sometimes entrepreneurship calls for these too), true entrepreneurs are strategic risk takers. They understand that if they are going to achieve greatness they need to take risks, very big risks at times which may come at great personal sacrifice, to achieve their goals.
Entrepreneurs aren’t afraid of failure or adversity
Where most people are afraid to try because they might fail, an entrepreneur knows the greatest failure is not to try in the first place. If something doesn’t work, it’s an opportunity to learn and find a smarter way, a better way to do it.
Some of the most successful people did not succeed the first time, or the hundredth time for that matter, and they encountered great adversity along the way.
Just look at Richard Branson and Steve Jobs failed. Oprah Winfrey and Albert Einstein were told they weren’t good enough. But all of them learnt from their mistakes, grew stronger in adversity and never let it break them or dampen their vision.
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