Business Owner vs Employee Mindset
I have been an entrepreneur since 1987, when I started my first company. Since then, I have experienced both being the employer and being employed. I know there is a big difference between having a business mindset vs. employee mindset. You do not have to already have a business to be an entrepreneur.

Since you are reading this post, I assume you have some of that entrepreneur spirit in you and I guess you would like to escape the rat race and change your future. If you want time and money freedom with no cap on your income potential, or if you want to work from wherever in the world you want, the route you should go is the entrepreneur/business owner route. Check out if you have the capacity and will to become an entrepreneur, it all boils down to the right mindset.

Employees dream about freedom. Entrepreneurs enjoy freedom.

Employees work a 9-to-5 job and might get some paid overtime. They have little control over their life as they must conform to working hours. Depending on age and what country they live in, employees have 20-30 days of paid vacation. The company decides when they work, how they work, how long they work, how much they get paid and when they can take vacation. It is always the good of the company above the employee.

An entrepreneur is in charge of their own life and can design it just the way they want. An entrepreneur makes their own decisions, has the freedom to choose where, when and how long they work. Entrepreneurs can even decide their own holidays as they want or need. An entrepreneur effectively decides the salary they are happy with.

Employees break down after failure. Entrepreneurs wake up after a failure.

From a young age we learn that mistakes are bad. The whole school system shapes our mindset that if we make a mistake or fail, we are a loser. Most employees keep that mindset. They are very careful and do not take risks, they use a lot of energy on staying perfect and are scared to make mistakes. They do not see that making mistakes sometimes can help them learn and grow.

Entrepreneurs fail often because they are not afraid to take on challenges. Because they try more often, they increase their likelihood of eventually winning. They see every failure, setback, or mistake as an opportunity to grow and learn from it. For them failure is a wake-up call to change something and improve. They use the failures as stepping-stones to keep on going.

Employees wait for the right time. Entrepreneurs make the most of current opportunities.

I have met so many people who are waiting for the right time. People with the employee mindset are afraid to “jump in” and end up waiting for the right time, only to find that nobody knows when the right time is. Months and years pass by and they are missing out on great things.

Entrepreneurs have a growth mindset that allows them to jump in to the unknown because they know that either they will gain something, or they will learn something valuable for next time.

Employees think without starting. Entrepreneurs start without thinking.

Employees spend a lot of time thinking and talking. If they feel unfairly treated, or the tasks at work are not fulfilling, the career bubble bursts and burnout begins to kick in. In this situation a few start to evaluate if they should turn their ideas into a reality. But this might be a very frightening thing to do as it takes a lot of effort and the fear of the unknown keeps them stuck in the familiar.

Entrepreneurs understand that the biggest risk is being stuck in a job you hate, while making someone else’s dreams a reality. Therefore, they start to work with a side hustle, preferably something that does noe require a lot of investment and not a lot of time in the beginning. They know that the most important thing is to take that first step and turn a plan into action – one step at a time.

Employees dream of their plans. Entrepreneurs plan their dreams.

Employees spend a lot of their free time outside of work dreaming of their plans but are not willing to do something “extra” to achieve them.

Entrepreneurs know that anything they set their mind to is possible as long as they take consistent action. Entrepreneurs rarely daydream about what their lives could look like. They start with the end in mind and work towards their goal. They make an action plan and work very determined to making their dreams and goals a reality.

Employees trade time for Money. Entrepreneurs create Value for Money.

Employees always trade their time for money. Those who have a well-paid job often experience that it comes at the cost of extra stress, responsibility, and hours of unpaid overtime. No matter the job or position, there is a cap on how much they can earn because there are only so many hours in a day that it is possible to work. It means that they have little control over their income.

Entrepreneurs do not exchange time for money. They set up systems so that they can generate an income if they are or are not present while providing value. It could be in a form of passive income, through hiring employees that can take on work for them or like in my case leveraging the team I build with network marketing. Entrepreneurs invest their income to ensure that in the long-term they will continue generating income passively.

Employees spend money on liabilities. Entrepreneurs spend money on investments.

Employees often spend their money on ‘liabilities’ like big houses, the best car, the most expensive holidays…. Although they have more money to spend, they are not necessarily left with more money at the end of the month compared to someone who earns less, because they end up spending much more.

Entrepreneurs do not care if they appear rich to others. If they earn more money they do not buy more or bigger liabilities. Rather, they spend money on assets and investments. Entrepreneurs know that they can have financial freedom down the line if they spend their money in a wise way.

Employees find comfort in stability. Entrepreneurs are willing to push past the uncomfortable.

Most employees rarely question their situation or working life even if they are unhappy. They are more comfortable with the safe and secure than to shake things up and take a step outside comfort zone where they someone’s employee. They rely on someone else for their income and forget that they could be replaced and forgotten within a week.

Entrepreneurs do not fall into that comfort trap. They know that the magic happens outside the comfort zone. They are willing to push through the uncomfortable if it means they can gain their time, location, and financial freedom. They are willing to do all this because want to take charge of their income.

Employees give up easily. Entrepreneurs stay persistent and determined.

Very often I see that employees give up too easily on their dreams. They tend to believe that working for someone else is easier, less risky, and requires less effort, even if it often means working extra hours at the expense of their free time.

Entrepreneurs know that starting a business will require lots of work and focus in the start-up phase. Whether you start a “normal” business or a side hustle like network marketing, you need to treat it as a JOB! You need to be just as committed as with your normal job – maybe even more committed. You have to be willing to give up short-term rewards for long-term rewards. You need to sacrifice some free time and other commitments to succeed in starting a business. Most people are not willing to do that, and that is why most do not succeed. Real entrepreneurs know that this initial hustle will pay off and therefore they stay persistent and determined to make it work.

Employees improve their weaknesses. Entrepreneurs improve their skills.

Employees usually work “just enough” to not get fired, and they get paid “just enough” so they do not quit. If they feel weak in any area of their work they improve their weaknesses to keep their job, usually not to outgrow their job.

Entrepreneurs are always working hard on themselves to improve the skills they know will be most valuable to them. They are willing to take the extra step so they are prepared when an opportunity appears. It is all about becoming more!

Employees have to climb the ladder. Entrepreneurs can scale their income with no limits.

Employees usually have a cap to how much they can earn depending on the salary ladder for their job. Climbing the ladder takes extra work, more working hours, less free time, more responsibility and stress and they have to compete with colleagues also fighting for the same position.

Entrepreneurs have no limit on their income. We have the flexibility to scale up our income or look for new opportunities to increase our earnings.


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