Free Ebook.

Enter your email address:

Delivered by FeedBurner

« Getting a Job Offer Right | Main | Box of Books #8 »

October 06, 2010


Feed You can follow this conversation by subscribing to the comment feed for this post.

I believe in this in a sense. However, not everyone has that entrepreneurial drive that you speak of in this article. Some people are "intrapreneurs." They thrive working their way up in a mega corporation. They love to put in their work at the office and then go home to relax.

My only suggestion is to start earning money on the side so that you can slowly see if you have what it takes to work on your own.

Loved this excerpt. The quotes are a nice touch. I also agree with the notion that you should look for opportunities to sell your skills, which may not cost much more than a laptop, scanner/copier, fax, software, and a fast internet connection.

I really like the idea of working for myself and this motivates me to dig into resources (including FMF's previous posts) on becoming financially self-sufficient.

Sorry -- I mistyped 'excerpt' when I meant 'post'...I will go to check out "The Daily Middle" now.

Pat - a great point to start the discussion trend. i completely agree with this. the post is very good and valid in its own right - but what to do when a person simply doesn't have it internally? Granted that entrepreneurship has become a calculated discipline that is taught in major universities and therefore chances to succeed are higher/better, but despite that one needs to inner desire and drive. this is what separates the two breeds in my opinion

This post is valid for the few who are cut out to be entrepreneurs. Most simply are not. Unfortunately this post is written as if its for all and in that sense it delves into the multi-level marketing type of pitch which comes off as giving the impression that anyone working for "the man" is a sucker.

If 100% of people tried to become entrepreneurs, our economy would collapse, commerce would come to a scretching halt (who would build the cars, drive the trucks, deliver the mail, stock the grocery stores, etc, etc, etc. No mature economy can function with more than a small minority in the employer or self employer category and the rest in the laborer category). In addition most people would fail, people would be starving both from not being able to make it on their own and from the rest of the legitimate businesses failing because there is no one to do the labor cause everyone is working for themselves.

If 50% of people tried it you would get the same result, everything would collapse. So it is important that people realize this advice is not for everyone, its not even for most people, its for a minority of people.

For those who really want to do it and have a strong desire to do it and to be risk takers while still being smart about managing risk, it can be a great encouragement. But this kind of advice needs to be tempered with the reality that its not for most people and even for those who it is for, a large number of those will still fail.

We cannot all be Major League baseball players and no we cannot all be entrepreneur's either. It's simply a fact of human nature, a fact of mature economies, and a fact of math. Optimism and positive thinking won't change that. And comments like you are just a pessimist and a downer, no one would succeed if everyone thought like you are neither helpful nor do they change the facts.

And BTW, I both work for the man (have for 17 years) and am a real estate entrepreneur. I also did the start up business entrepreneur thing for a few years in between working for the man (which I succeeded at and sold off, so I am not a sour grapes grumpy gus). It's just that the optimism needs to be tempered with some cold hard truth at times because people who are true entrepreneurs at heart tend to be extremely unrealistically optimistic and that can lead people to expect better results than are warranted.

I disagree with the notion that an economy of 100% entrepreneurs would collapse. To expand on the above example: those who build cars, drive trucks or stock grocery stores can easily be independent contractors - and mail delivery should be out of government hands and privatized anyway. However, yes - many people aren't cut out for entrepreneurship; but that's because our educational system is set up for the "time-clock/cog/working for the man" society that has been predominant for the last century. Things are changing, and quickly. The time-clock job is rapidly disappearing. We need to gear our educational system towards a world of entrepreneurs and freelancers.

The comments to this entry are closed.

Start a Blog


  • Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. Per FTC guidelines, this website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. All posts are © 2005-2012, Free Money Finance.