Posts Tagged ‘employment’

Guaranteed Paychecks

Friday, September 26th, 2008

One thing I hear a lot from people when I tell them I’m an entrepreneur is…

“I don’t see how you can make it without having a guaranteed paycheck waiting on you every week!”

This statement in one form or another is a huge excuse people use for not taking the leap and going into business for themselves. While I’m not suggesting anyone just up and quit their job right now without any sort of game plan, I basically believe the idea of a “guaranteed” check is nonsense.

Why should the word of a corporation be worth more than my own promise to myself?

I just doesn’t make any sense that I should put more stock in the owner of a big company than in my own ability to create cash flow. The fact is I do guarantee myself a paycheck!

And I make good on my promise month after month. The notion that one should put all their faith in other parties is typical, and it’s sad.

People want to rely on others to sign their checks, the same way people want to rely on the government to fix society’s problems. I believe this is evidence of a large fear of responsibility.

The world’s current problems are the result of everyone pointing the finger elsewhere and/or expecting others to pick up the slack. But entrepreneurs are different.

We understand the value of risk. In truth there is no real security so what’s the big deal?

And there’s more than enough money to be made. Your skills and knowledge can likely net you far more if you cut the middle man, i.e. an employer, out of the picture and deal directly with customers and end users.

Guarantee your own paycheck and odds are you’ll be much happier and have a lot more money in the bank.