What Are the Main Differences Between An Employee And Startup Entrepreneur?
Are you working for a firm, under a rude manager, a toxic work environment, selfish colleagues, and low pay? If this is what you are going through, then you have come to the right place. In this post, we will read about the main differences of employees and startup entrepreneurs.
Do you want to end up working this kind of work environment or do something about it? Comparing employees to entrepreneurs is like comparing apples to mangoes. They cannot be compared.
In this post, we will try and understand the main differences between an employee and startup entrepreneur. Employees are individuals who mostly do not like to face challenges. They lack the security within themselves to make bold decisions.
Hence, they decide to become paid employees of a firm or business. On the other hand entrepreneurs love to take risks and are not afraid of failures. They do not mind failing in what they do because they learn from the failures.
What is an entrepreneur?
Each of them has a specific role in this world. While some have a different mindset others, tend to be happy and satisfied with whatever they have achieved. An entrepreneur is actually an attitude and mindset.
The entrepreneur wants to take personal and the financial risks involved to get the probable results for their firm or company. In most cases, the final outcome is ignored. They are mostly keen on giving their best to and putting the best foot forward.
I’m sure you would have heard about MacDonalds who are into fast food. However, you would be surprised to know that they are into more of real estate than fast food. So, their main source of income comes from selling properties.
What is an entrepreneurial mindset?
That is an entrepreneurial mindset where they have several plans and ideas. As an entrepreneur you have to be creative, optimistic, and innovative in your methods. If one method does not work, then opt for another one. Hence, these traits are inborn with them.
Nobody becomes an entrepreneur overnight. It takes years of hard work and dedication to become a successful entrepreneur. You would be amazed to know that the struggles of an entrepreneur are several.
At times, you may not know if you are actually going to make some money for the month. It is that scary. Not to mention, at times you may not actually make any progress. During these testing times, you may want to pull yourself together.
The difference between employee and startup entrepreneur is that, the latter like to keep going and pushing themselves. You also do not have any working hours or timings. That means, you need to be thinking about your startup day and night.
You can forget about attending family meetings and get together. You need to lead a life associated with your business only. This is the kind of mindset that is required for you to succeed in your business startup.
What is an employee?
At the same time, an employee is an individual who works for a firm or business. Irrespective of whether there is profit or loss, the employee is paid a monthly salary. Of course, the employer has the right to retain and control the employee in the workplace.
In a way, the employee is also an entrepreneur. However, most of the employee fail to recognize the true talents and skills in an office environment. They are bogged down by their team leader or manager and hence are unable to realize their true potential.
When an employee is able to work independently, they are able to provide better productivity like sales representatives. Hence, no assumptions should be made about entrepreneurs who are most likely into the business for only themselves.
Why employees do not like to take risk?
In this competitive world, it is all about surviving in the jungle of the corporate. If you are not smart enough, well connected, dedicated in your niche or field, then you may not make it on to the top of the ladder as expected.
Of course, you need a bit of luck too. Employees are normally insecure when they see smarter or shrewd employees show up in their department. This bring raise to office politics and the dirty games begin.
Smart and talented workers get demotivated and fail to give their best in the work. They then lose out in promotions and higher pay scale. The employee morale is quite low. However, entrepreneurs on the other hand have a hawk’s eye on these smart employees and hire the moment they lay their eyes on them.
For any entrepreneur, these employees form the core of their team to taste success. It comes as no surprise that these so-called untalented or rejected individuals become smarter and are able to learn the tricks of the trade faster.
In a few year time, they then turn out to become potential startup entrepreneurs.
I would like to end this discussion with the famous words spoken by Walt Disney, “All our dreams can come true, if we have the courage to pursue them.” As you know, Walt Disney was send out from a publication job role due to lack of creativity.
Like they say, the rest is all history. We all know he is the founder and creator of several characters like Donald Duck, Mickey Mouse, and others. About thirty years ago, when you were kids of the 90s you would remember seeing these shows on television with glee.
As you can see, taking risks comes naturally for entrepreneurs when compared to employees. If you like taking risks in life and are adventurous for more, then fasten your seat belt and join the race of entrepreneurs.
You need to understand that this is not a single day affair. It takes years of vision and a strong determination along with will power to achieve what you want. You also need to look at things from different angles to help you get the desired results.
You can also read- https://www.mycoffeetalks.com/successful-entrepreneur/