12 Important Differences Between Employees and Entrepreneurs
Are you able to sacrifice your time and money for building your dream empire?
Or
Are you worried about your monthly paycheck only?
Are you working for a company with an intention of starting something on your own?
Or
Are you working for a company with an intention of acquiring a permanent position?
Do you add your individual flavors by understanding the depth of the conversation?
Or
Do you nod your head and follow the instructions blindly?
There are two types of workers in any organization:
Workers with an Employee Mindset
Workers with an Entrepreneurial Mindset
Some people surround themselves with the pre-planned deadlines. Some people prefer to work on their pre-planned future goals. It does not matter whether you are working for a company or not. What matters most is your mindset.
On the basis of these two categories, let us look at 12 major differences between an Employee and an Entrepreneur.
1. Employees think without starting. Entrepreneurs start without thinking.
Employees restrict their future growth by thinking about perfecting different skills. Instead of starting things on a positive note, they start doubting their capabilities and strengths. Entrepreneurs know little about everything. So, they start their work with a little input. They don't waste their time by falling in the perfection trap. They believe in learning new things along their entrepreneurial journey.
2. Employees wait for the right time. Entrepreneurs mate without thinking about the right time.
Employees find different excuses to complete their tasks. They keep postponing their targets. Entrepreneurs have three main boosters to start their work at any time: Love, Patience, and Dedication. Understanding the short-lived nature of the opportunities, they grab the opportunity and come up with different plans.
3. Employees aim for the promotion in their company. Entrepreneurs aim for the promotion in their business.
Workers with an 'Employee mindset' are concerned about the increment of the colleagues. They work hard with the intention of getting a better position and a high salary. Entrepreneurs work hard with the intention of learning new ideas. They are busy in finding various ways to uplift their business dreams.
4. Employees dream their plans. Entrepreneur plan their dreams.
No matter how big your dreams are, dreams without plans have no significance. Employees build castles in the air. They dream of breaking the 9-5 routine. They dream of having a lavish lifestyle. On the other hand, entrepreneurs have a solid plan for shaping their dreams. They move ahead with a proper strategy.
5. Employees think 'Money is everything'. Entrepreneurs know 'Time is everything'.
Employees invest in their future growth by focusing on money. They look for the safe returns only. Entrepreneurs know 'Time is Money'. They shift their focus from money to time by giving ample time for the growth of the company. They are ready to work months after months with no profits. As they believe in generating wealth, they don't pay attention on initial months with unattractive results.
6. With Employees, frustration is permanent. With Entrepreneurs, frustration is temporary.
The freedom from frustration depends on the way the person tackles it. Employees know they have to go through the same boring routine again and again. As a result, they lose their interest and become arrogant with their co-workers and family members. While managing various roles, entrepreneurs also face frustrating moments. Their problems are temporary because they want to make a living by doing what they love to do.
7. Employees are insecure about their freedom. Entrepreneurs free themselves from all their insecurities.
Who doesn't want to live life on their own terms, isn't? On one side, employees want to spread their arms and live life without any boundations. On the other side, they contract themselves due to future insecurities. Entrepreneurs live life on the edge. It doesn't mean they don't focus on other commitments. They are good in calculating the right amount of risk for every strategy.
8. Employees work hard. Entrepreneurs work smartly.
Employees rub their ass to get in Boss' good books. By doing the good work, more and more files pile up on their desks. Entrepreneurs classify their work by categorizing them under the category of Urgent and Not Urgent. They follow a Pareto's Principle by doing 20 per cent of the work which generates 80 percent of the results.
9. Employees fall under a particular job category. Entrepreneurs create their own profile.
Employees have to perform tasks according their respective job profiles. Irrespective of their interest, they are forced to work in an alien environment. Entrepreneurs are not specialist. As they have to lead the group from the front, they perform general tasks. They enjoy autonomy and independence.
10. Employees blame others. Entrepreneurs correct themselves.
In order to achieve something big in life, you need to have the courage to accept your faults. There is no use in playing the blame game. Workers with 'employee mindset' have a habit of blaming, justifying and complaining. Entrepreneurs know they are responsible for all their decisions. Instead of suppressing their mistakes, they are open to accepting their mistakes.
11. Employees look holidays as a relief. Entrepreneurs look holidays for strengthening their beliefs.
Employees anxiously wait for the holidays. They just want to relieve themselves from the office stress. Some plan out for a weekend trip before facing the boring Monday again. Entrepreneurs also wait for the holidays. But, they plan out their business plans for coming out from the Monday morning dilemma. Distraction-free environment helps them in increasing their productivity.
12. Employees break down after failure. Entrepreneurs wake up after failure.
Failure is inevitable. If you are not ready to embrace the failure, you won't be able to come up with fresh ideas. Workers with an 'Employees mindset' lose their confidence in struggling period. They look failure as a dead end. Entrepreneurs see opportunity in every failure. After being knocked down, they don't lose their enthusiasm. They recover and improve with every fall.
If you are really passionate, then go for business. Starting a business is easier than getting a government job. But, running a bussiness successfully is very difficult than doing a govt. job. If you have a govt. job, you always having a business option too. ie, you can start business in any of your family member's name. I am listing some advantages of both sectors. Decision always up to you.
Government Job
Business
Having a successful venture gives you unlimited opportunities. But all that really matters is your reason to start your own business ?
Getting a govt.job is like buying a newspaper. You can simply keep it with yourself for long time. But having a successful business is like winning lottery tickt. Only two option : gain or lose.
But both (govt.job&business) needs lot of hardwork. Successful business needs more and more hardwork. But govt.job needs hardwork till passing exam
So, are you an Employee or an Entrepreneur?
Ref. Yatin Khulbe , ullas Joseph
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