Is Entrepreneurship the Right Answer, Right Now?
For perspective, I should note that most of my friends and acquaintances, or most of the people I associate with, are entrepreneurs. The kind of people I find most interesting are self-actuating creators. People who would rather follow their own hearts than work all day to accomplish someone else’s dreams. People who would give up stability and security in return for freedom and flexibility.
That said, it’s common for people who think in these terms to believe entrepreneurship is inherently better than employment. They believe self-employment is the right answer.
They congratulate those who cross the threshold from full-time employment into the world of self-employment. Making such a transition is seen as a rite of passage. A frightening, stressful, and challenging struggle almost every entrepreneur has had to face.
Less celebrated are those who make a transition in the opposite direction—unless it’s by means of acqui-hire, in which case the celebration is about the payday rather than the paycheck. In most cases, it seems people subconsciously mourn those who demote themselves into full-time employment. They throw in the towel on their business and work for someone else’s. It’s seen as a failure of sorts, and it’s often quite evident the excitement someone has to get an awesome job is overshadowed by shame.
Ultimately, the people transitioning from self-employment to full-time employment have made a calculated decision. They aren’t going from the Right Way™ to the Wrong Way™. They’re going from what was the Right Way For Them™ to what is the Right Way For Them Right Now™.
As I say in every situation where there is a choice to be made, there are pros and cons to everything.
When it comes to work and life, the pros and cons vary not only by the individual but also by the moment. When it comes to entrepreneurship versus full-time employment, one or the other might always be the right answer for certain people. However, for most people, it seems the right answer can change.
What do you care most about right now? Is it the flexibility to travel, work from anywhere, and make your own hours? Maybe self-employment will make you happier. Do are care about medical benefits for you and your family, or do you need stability to provide for them? Maybe full-time employment will make life easier for you and your loved ones.
How much stress do you have in your life? How much stress can you handle? How much stress do you want? Self-employment can suck. It can be draining. It can take over your life. The market can make what’s already difficult even harder. Your clients/customers may or may not pay. Sometimes, entrepreneurship can take its toll, and you realize that you need a break, you need some sanity and order in your life.
There’s nothing wrong with that.
Everyone should be constantly evaluating what makes them happy and be prepared to change paths when they realize what is right for them at the moment is something else. The grass is often greener on the other side of the fence, because people compare the cons of their side of the fence with the pros of the other side. Don’t get caught up in that. Also, don’t get caught up in what other people think is the right answer, because as I said, it varies by person and by time.
For me, it’s a constant struggle. The cons of entrepreneurship weigh heavy on me, because I just like making things. For now, and for the foreseeable future, self-employment is the best way for me to get what I want out of life while working on whatever I want to work on.