today is the day I'm gonna die at least
that was a thought permeating every
crevice of my mind on that warm Hawaiian
afternoon last february you see I had
just jumped awkwardly out of a plane and
was hurling towards the ground a hundred
twenty miles an hour
luckily for me the parachute opened just
fine and i coasted safely to the ground
I was alive and the throw was worth
every penny You know, entrepreneurship
feels oddly similar quitting your job
jumping into entrepreneurship is a lot
like jumping out of a plane and
free-falling wondering whether the
parachute is going to open and save you
the scary thing leaving the comfort of a
nine-to-five job and venturing into the
world of entrepreneurship so scary in
fact that very few ever overcome that
fear to take the plunge
so what is the best way to overcome the
fear and drive on toward the goal was
the same for any fear focus on the end
result the benefit rather than the
fearful action when I just gotta decided
to skydive the only thing that drove me
to actually jump was looking forward to
the rush out about the feel and the
accomplishment the feeling of
accomplishment of crossing that off my
bucket list when I jumped in
entrepreneurship I focused on the
following six benefits to
entrepreneurship number one there's no
cap on your income goes be honest most
people don't get entrepreneurship to
make the same income they made at their
day job on lies
unlike most day jobs there is no limit
to how much you can earn your in common
is tied to your success and frankly
nothing else
so how much do you want to earn next
year now number two excitement about
your work
how excited are you to wake up on Monday
morning for most people it is a grueling
thing to wake up and start a new week
but for entrepreneurs a lot of them
monday mornings are celebrated because
work is exciting i love the challenge
that present themselves to me on monday
morning because they're my challenges
not my boss's number three flexibility
to enjoy time off you know entrepreneurs
work a lot right they say entrepreneur
somebody who works a hundred hours a
week to avoid working 40 and while that
might be true
the difference here is inflexibility
entrepreneurs can work when they want
how they want where they want if they
want and they want to work a hundred
hours a week they can choose to do so my
number for you can fire your terrible
boss we've all had those terrible bosses
from I
micromanaging have a certain expectation
that drive us bananas when you work a
job you can't do much about it you can
quit but he made another narcissistic
boss of the next place
oh and then there's your co-workers
right they can even worse there's Craig
who steals your lunch every day Janet
who complains about her foot fungus and
Hector who doesn't actually know how to
do his job but his neck he's the nephew
of the boss so he does metal than
everyone else's affairs but when you
control the company you're the boss you
are forced to work with anybody
no one is going to force you to work
overtime skip your kids dance recital or
fill out one more TPS report number 5 to
build serious wealth
besides the cap for income abilities
owning your own business can also help
you actually get rich and not just
well-off but if you do it right you can
build some serious wealth the growth of
your company
look at warren buffett Bill Gates Mark
Cuban and any other seriously wealthy
individual didn't get that way to saving
money or working for others they allow
their business to grow their business to
grow their personal wealth
lastly number six you can leave a legacy
now maybe you work for a non-profit and
you're saving children from starvation
or learning how to read or whatever but
most likely you're not doing that you're
slaving away a job with the only impact
you are actually having is adding a few
more bucks to the shareholder stock now
it's not your business and it never will
be but when you own your own business
you are creating something bigger than
yourself you're building a legacy you're
providing jobs you're building wealth
you're proving the community that you
live in and you're making a name for
yourself as somebody who is making waves
in this world
now let me be honest with you
entrepreneurship has many rewards that
must but it must be stated also that the
risks are high as well
many businesses fail entrepreneurs get
burned out they get stressed out and
have miserable days however unlike
skydiving entrepreneurship is not
usually life-threatening the worst-case
scenario is well I'll go back to a job
now which really isn't different than
how they started so don't focus on the
fear focus instead on the adventure that
awaits
when you say goodbye to the security of
the airplane and with all your might
leap
my name is Brandon here with
entrepreneur.com for bigger pockets
signing off
ok
entrepreneurs can work when they want
how they want where they want and if
they want 200 hours a week
no let's go ahead and pause this