Entrepreneurship vs Unemployment...Whatablessing Reports

Oct. 23, 2011 - PRLog -- Whatablessing Reports…Entrepreneur vs. Employee


   Entrepreneurs                                                             Employees
Value wealth over job security                     Value job security over wealth

Value job security over wealth                        Receive consistent paycheck

Long hours, especially during start-up        Regular, consistent hours

Potential for very large payoff            Constant but relatively low payment

Build their own assets                    Work to build someone else’s asset

Have a higher tolerance for risk                Do not like risk

Own the company. Can only be fired             Could be fired at any time
by Board of Directors.

Sit behind the desk when interviewing        Sit in front of the desk when                                                                                                           interviewing

Are willing to take calculated and educated risks    Adverse to risk

Build systems for benefit of themselves        Build systems for benefit of                                                                                                             employers

Pay taxes only on NET income                            Pay taxes on total income

Build assets and then use them to purchase         Do not build assets
other assets

Build passive and portfolio income, taxed lowest    Build active income, taxed                                                                                                          the highest

Invests from the inside                                                         Invests from the outside

Can start other similar companies            Restricted by non-disclosure and                                                                                              non-compete agreements

Adapt quickly to change                                        Often resist change

Often have to dedicate yourself fully             Have time to do other things besides Have time to do other things besides            work—such as raise a family or take work—such as raise a family or take            up hobbies.
up hobbies.


Have access through their businesses to         Much harder to obtain significant credit                                                                                much larger credit limits

Financial security once venture succeeds   Will have to follow strict savings      and investment plan                          

Can become wealthy at young age            Will not become financially secure                                                                                              while still young

Have a bias toward action                Often have a bias toward passing the                                                                                        bill

Create the systems                     Have to deal with the bureaucracies                                                                                           created by intricate systems of the                                                                                              companies they work for

Decides who to hire and who they work with        Have little say over who they      work with

Have freedom to control direction of             Have little say over the direction of   their company                                                          their company

Rarely do the same thing two days in a row        Often have repetitive jobs

Work on building assets so they’ll never         Work on building 401(k) or pension
need a 401(k) or pension

Make money when they sleep                Make money only when they are                                                                                                 working

Hopefully the table above has given you some insight into the different characteristics of entrepreneurs and employees. It is a difficult choice to make for many. Many aspiring entrepreneurs choose to work for someone else for a few years to gain knowledge, contacts, and capital. Others feel that the best way is to start out as an entrepreneur and have the advantage of quite a few years of learning over their peers. Whichever you decide, just make sure that the choice is the one that is right for you, not just the one that everyone wants you to make.

God truly wants you to be a blessing to other people during these bad economic times. God wants us to be helpers to One Another By sharing with them  a Cash Leveraging, Cash Flow System that you "Pay it Forward" to bless others.

You can have everything in Life you want If you will help enough people get what that want. Zig Zigler

See Video’s Below explaining Who we are and What we do:

I will “Pay it Forward” for you to join us at: http://godsmoneyfeeder.com

But I will share with you how to earn more at…http://whatablessing.net

Get more information on Entrepreneurship at: http://onex.me/whatablessing

Bryce Jackson, Business Mentor, Success Coach

# # #

Luke 6:38 Give and it will be given to you…….
with the same measure that you use it will be measured back to you

Like Helping Other People?
Do you like to receive Cash Gifts?
Do you know anybody that like to Receive Cash Gifts?