Does firing your boss and starting your own business equate to entrepreneurship? Or does it just mean that the status quo has just changed from you being an employee to you being "self-employed"?
Quoting Michael Gerber of "The E-Myth Revisited" fame, entrepreneurs "invent businesses that work without them. Technicians create businesses that work because of them. The entrepreneur is liberated from what I call the "tyranny of routine," and the technician becomes a slave to it. In the entrepreneur's case, the business works. In the technician's case, the technician works." The above few sentences capture the essence of true entrepreneurship.
Well, to paraphrase, one cannot claim to be a true entrepreneur if you merely jump from being an employee to starting your own business but continue to use your own time to do exactly the same things you used to do as an employee. ie. you are basically still exchanging your personal time for money. Instead of freeing yourself from the slavery of your ex-boss, you have evolved to become a slave to your own business.
To be a true entrepreneur, value has to created, predominantly in the form of a scalable business model that are based on rules, systems and processes, that ultimately frees the entrepreneur from having to micromanaging employees or firefighting. Instead, the true entrepreneur should be focused on steering the business towards his dream and vision, to plan, organize and direct instead of getting stuck managing routine work. Instead of letting the business run you, an entrepreneur runs the business!
Being an employee, you are given a job. By starting your own business but doing the same thing as you did as an employee, you become self-employed and own a job. But as an entrepreneur, you captain a self-sustainable business system that is profitable, creates value, and gives jobs to other people while freeing your own time . Who would you rather choose to be?
Related Articles
Existential Sex for Work/life Balance and Success
By: Barry Maher | 06/04/2007 | Business
This is Aa great, yet simple lesson from Warren Buffett: one we all need to remember.
Nobody is Going to Shoot you While They're Laughing: Motivating Positive Results
By: Barry Maher | 06/04/2007 | Motivational
When the going gets tough, the tough get funny? Sometimes the easiest way to deal with an issue is to break down the barriers that exist between people with a little humor.
Find Business Wisdom - Anywhere!
By: Andrew Hartley | 26/09/2007 | Entrepreneurship
Business wisdom can be found nearly anywhere - music, fiction books, everyday conversations with family and friends, etc. The trick is to make the business mindset a habit. The more you consciously think about business and entrepreneurship, the more you will subconsciously think about business and entrepreneurship. The more you are subconsciously thinking about it, the more these nuggets of wisdom will appear to you - all around you.
Stress At Work: The Secret To Regaining Control Of Your Work Life
By: Steve A | 09/04/2007 | Careers
Stress is the result of losing control at your job, but millions have discovered the secret to getting it back. The steps are simple the explain, but difficult to accomplish. If you're up to the challenge, read on...
Why Faith is so Important for Success
By: Steve Kennedy | 10/05/2007 | Entrepreneurship
We are constantly attracting those thoughts (vibrations) that harmonize with the thoughts that dominate our mind.
Can you Really Achieve Total Success?
By: Dr. Joe Capista | 17/12/2007 | Business
Success is one thing. Total Success something completely different. Find out what it takes to achieve Total Success from one of the top rated business owners in his industry. Dr. Joe Capista shares insights into how to create a life you can be proud of.
Put Yourself and Your Team On the Road to Real Results
By: Harry Paul And Ross Reck, Ph.d. | 05/05/2006 | Management
How do you inspire people to work harder, reach higher, and achieve more? How do you get them to support you and go above and beyond in everything they do? How do you get them to care? You show that you care about them.
Affiliate Marketing - Creating Multiple Streams of Income
By: Terry Frerker | 30/05/2006 | Careers
Creating multiple streams of income is an important factor when considering any type of business. Affiliate marketing is no exception. By creating multiple streams of income it ensures your survival should one source fail for any reason.
Got a Question? Ask.
Ask the community a question about this article:
Frequently Asked Questions
C of C?
By: mike | 10-07-2008
what does "C of C" stand for? I am being requested to furnish one for a printing project my company is providing.
Who is Robert Tuck and Leisure Ventures in Houston ...
By: AA Travel | 10-07-2008
Who is Robert Tuck and Leisure Ventures in Houston, Texas?
Looking for a hotel/motel help
By: jen walker | 10-07-2008
HelloI dont know if any one out there can help me or not, but i would like to know, i am trying to buy a hotel/motel start property but my credit score is 500 and no bank is willing to loan me the money to but a property, the size of the preproty that i am looking for is from 30 to 60 room with NO resturant. where i would like to have it is in AK,WA,ID.MT,ND,PA BUT If SOME ONE WOULD LIke me to be some where els thats fine. At this time i am a manager for a wearhouse with a B.S in hospitality and i would be glad if i can get my first starter property. yes i will do what i have to, get down to give you your money back. Please if you can help me let me know.
Who is mark lucero from shadyside pa? does hehave ...
By: Aheartbeataway7 | 09-07-2008
who is mark lucero from shadyside pa? does hehave any criminal records
What is the role of government regulation for coca ...
By: antonio | 09-07-2008
what is the role of government regulation for coca-cola?
Does anybody have any questions concerning Supply Chain Management NVQ's level 2 - 5 ?
By: Spearflex | 09-07-2008
Does anybody have any questions concerning Supply Chain Management NVQ's level 2 - 5 ?
Q&A Powered by:
More from Ryan Kiew
How to Create Your Own Luck
By: Ryan Kiew | 20/05/2008 | Self Help
Are you feeling down on your luck, and nothing seems to be going good for you? Are you waiting for opportunities to knock, but fortune always seem to elude you? Stop fretting on your misfortune, shake off those negative thoughts and create your own luck!
Discover Your Personality Type to Help You Make Better Choices
By: Ryan Kiew | 20/05/2008 | Self Help
Have you ever wondered why people behave differently in the same situations? Is there someone whom you absolutely cannot click with no matter how hard you try and will most definitely get into an argument with if you are put into a project together? Why does some people seem more outgoing, likable and more social than others while some others simply hates socializing? How can some people go for a holiday spontaneously while some others needs months and months just to decide where to go, and then
Make Use of Gratitude to Attract What You Want
By: Ryan Kiew | 20/05/2008 | NLP Hypnosis
We should make gratitude our attitude in order to attract more positivity into our life. By giving thanks, we set ourselves in an upbeat mood and can therefore become more constructive in our thoughts and actions. This helps to draw our dreams, goals and success closer to us.
Are You Feeling Stressed Out and Unhappy?
By: Ryan Kiew | 20/05/2008 | Stress Management
Do you find it very hard to wake up every morning and wish you could stay in bed longer so that you do not need to face another day of problems? Do you dread the prospect of going to work because your job seems to have no meaning other than providing you with cash? Are you starting to feel miserable because nothing you do seems to be working out right for you? What does it take to find happiness then?
How Earning Big Bucks Doesn't Mean You are Rich!
By: Ryan Kiew | 20/05/2008 | Career Management
What does success really mean to you? Is it solely defined by the amount of money you earn or the number of big ticket items such as a shiny new sports car or wide screen plasma tv? If the above is what you really think success really means, I suggest you take a reality check and reexamine your definition again!
Why Your Values Matter to Your Success!
By: Ryan Kiew | 20/05/2008 | Self Help
Have you ever wondered why people behave in a certain way, or make decisions in a particular style? What makes us so unique such that it is so easy for our friends, family or colleagues to identify or even predict our actions? I guess that one way of explaining this would be that each individual is defined by his personal value system which also influences how successful we can become!
Choose Your Path Wisely, Else End Up in Regret!
By: Ryan Kiew | 17/05/2008 | Career Management
Are you in an empty pursuit of other people's goals? Choose your path carefully, as it determines the chances of you successfully reaching your end goal, a destination of your own choice.
Don't Stop Working, Retirement Means Death!
By: Ryan Kiew | 17/05/2008 | Career Management
According Minister Mentor Lee Kuan Yew, a Singapore elder statesman who turns 85 this year at a recent silver industry conference, the secret to his longevity is attributed to his active life and the fact that he has never stopped working. In his own words, "We got to educate those about to retire: Don't retire, work. Retirement means death.
Business 
