Making Entrepreneurship A Way Of Life

By Corey Graham 2.0

The truth is that we are all the president of our own personal services corporation. We have 100% controlling interest in our personal services corporation. We can do what we want, make whatever decisions we want. Some of us have been becoming so attached to the idea of a job that, we don’t understand this simple fact.

A job is really just one type of contract under which you provide your personal services. It’s simply an understood way of doing business. Now free your mind and imagine other ways that you can render your personal services and get paid from it. I am sure you have come up with things like freelancer, sub-contractor, self-employed and entrepreneur.

In this case we are looking at entrepreneurship as a way of life and let’s take a moment to define “entrepreneur”:

An innovator of business enterprise who recognizes opportunities to introduce a new product, a new process or an improved organization, and who raises the necessary money, assembles the factors for production and organizes an operation to exploit the opportunity.

Now doesn’t this sound like a job description? It has certain requirements that go along with that job. It’s similar to what you might have to look at if you are being considered for a post in any business whether it be Marketing Manager, Customer Service Representative, Chief Financial Officer or security guard. Once you can appreciate this you are well on your way to making entrepreneurship a way of life.

Yes, Yes, Yes I know what you are saying, “The risk is just not for me”. Let’s talk about that. Entrepreneurship differs from other arrangements for use of your personal services primarily because you have to take on the risk of the venture. There are two key points with respect to this you might need to appreciate. Firstly a job in itself is still a function of how well the business is running. We have seen lots of job disappearing with just one sentence to explain why. This current economic crisis has taught us alot about that. A job does have a bit of risk involved, it’s just a different type of risk. Secondly the risk involved in entrepreneurship simply requires an honest day’s work. It’s not ok to pass the buck and get out of a situation by blaming a colleague. Results matter and they can have an immediate impact. 

Choosing entrepreneurship as a way of life entails you focusing on doing the job well. You have got to be willing to be flexible and ready to make the smart play. It’s also going to be filled with consistent learning and lots of on the job training. It’s scary until you get around other people who are committed to that way of life. That’s the real secret. Associate with other people who are facing the same challenges as you.