As defined by Oxford “A person who sets up a business or businesses, taking on financial risks in the hope of profit.”
Most people, when reading the word “risks” get afraid and stay in their comfort zone.
Do you think great opportunities come without risks?
Of course, not, nothing comes without a risk.
In a traditional job, for example, there is a risk that I get fired any moment the boss decides to. I might lose my job due to an economic crisis, I might not get the raise that I was working hard for, I might lose my retirement plan or it might be delayed…
Here is another meaning for an entrepreneur from dictionary.com:
“A person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.”
As you see, the world risk appears again.
Even if you are afraid, keep reading, I will show you why being an entrepreneur is worth it and why staying in a traditional job is not the best idea.
Entrepreneur vs Employee
Employees are afraid of stepping out of the “secured” life, the “secured” job and mainly anything they have labeled as “secured”.
Oh, wait a minute… Did I say “secured” 3 times?
In my opinion, a job isn’t secured, because, at any time, the boss can fire his employees. At any time, especially in this digital world, a robot can take the employee’s place.
Artificial intelligence is growing so fast. Scientists are predicting that sooner or later most jobs will be replaced by a machine or a robot…
If you don’t believe me, check out this youtube video about Google AI, where the software interacts with real persons to get things done.
I work now as a Support Engineer and the AI is really scaring me because sooner or later when Google Software comes to the company I am working in, I risk losing my job forever.
Why? Well because a robot can work 24/7 for the company and costs way less than a human. We need to rest, they don’t. They just need to be repaired from time to time.
Here you go, a real example of how to lose a “secured” job.
This future is not so far. Let’s be aware of it and act very fast to protect ourselves and our families.
Who Can be an Entrepreneur?
For me, anyone who is willing to think out of the box, take some calculated risks, look for solutions to problems and most importantly take action is a successful entrepreneur.
An entrepreneur is someone very ambitious. Someone, who didn’t want to be different and unique. Someone who wants to make a positive impact in this world by solving the most challenging problems.
Take for example Uber eats. The idea of delivering food to our home is not that revolutionary, but creating a link between restaurant, delivery men and clients through an app that runs all day long on autopilot is something revolutionary.
This mobile application has created work opportunities for entrepreneurs, it’s environment-friendly because it encourages the use of bikes and also improves the restaurant’s business. It’s a win-win for everyone.
This is what I call an idea worth sharing and modeling.
So what can you think about today to make a positive impact in this world?
Tasks of an Entrepreneur
Entrepreneurs are fully responsible for their words and ALL their actions.
When they promise to deliver a product/service before a certain deadline, they try to keep their promise and stay honest with their clients.
They keep an eye on their businesses and their different responsibilities.
Mainly, entrepreneurs should be aware of the whole business they are running from A to Z.
Delegation is possible as well. When entrepreneurs start, they mainly need cash flow into their business so they don’t delegate tasks and they prefer doing almost everything by themselves to avoid paying a lot of money.
Even though money is very important for the survival of their businesses, their time is very precious as well. Ideally, they should work on what they master and delegate what they don’t like.
Role of Entrepreneur
So to resume a little bit, an entrepreneur has an amazing role in society. Entrepreneurs are the ones who think differently. They don’t want to be trapped in the 9 to 5 rat race.
An entrepreneur is the one that is continuously thinking about new ideas, searching for real opportunities and most importantly taking massive actions.
An entrepreneur is independent. Entrepreneurs don’t need someone to give them instructions in order to take action. They know what they want, how they can achieve it and they work hard to make their dreams a reality.
Entrepreneurs might face tough times, challenges and risks but every time they overcome these challenges, they will grow and improve.
Just like a hero on his journey.
Here are a few entrepreneurs quotes that I like and I want to share with you:
“I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game-winning shot and missed. I’ve failed over and over and over again in my life and that is why I succeed.” – Michael Jordan, NBA Legendary Basketball MVP
“Chase the vision, not the money; the money will end up following you.” – Tony Hsieh, Zappos CEO
“The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer.” –Nolan Bushnell, Entrepreneur
What is the Freedom Entrepreneur? you might ask me.
You are right, not too many people know what a Freedom entrepreneur is.
Let me explain. Freedom entrepreneurs don’t work for the money but the money works for them.
They are financially independent, they don’t rely on a company or a government to earn a salary or a pension. They have built a machine that works for them even when they are asleep.
Check out Robert Kiyosaki’s teachings especially his book “Rich dad Poor dad”.
Do you think that people like Robert are just lucky? If so, please think again.
Robert mainly invested in what he loves and didn’t do what he loves.
He didn’t want to do what he loves because he knew that he will end up in a boring job with high taxes to pay.
A freedom entrepreneur is someone who invested in his time and effort. He learned the necessary skills and believed that he can do it no matter what.
You are a freedom entrepreneur when you can work less and earn more. When you have more time to spend with your family and friends. When you can travel around the world while working on your business.
Thank you for reading,
I truly wish you all the very best,