Why Should One be an Entrepreneur?

Ok! I am not saying that everyone should go for entrepreneurship or it is the only way to Nirvana. Every person is different and has different qualities which may or may not make him suitable for entrepreneurship. Besides if everyone will become an entrepreneur, then who would work for them! ;)

That’s been said, there are several reasons for a person to go the entrepreneurial way. One reason, purely logical and objective, which could be thought of is the following.

If I am employed by an organization and is paying me $1, then surely it would be making atleast $2 out of me. Hence I am losing out on that extra $1 which I could have made for myself if I was working for myself.

Moreover everyone of us is familiar with 80-20 rule which could be interpreted in many ways. One variation of the rule could be that 20% of the people in an organization are doing the work for rest 80%. Now if we go by that interpretation, then the company would be funding those 80% of the personnel by generating profits out of those 20% who does all the work. Now if we assume ourselves to be good enough to belong to that 20% bracket, then essentially we are the guys who are funding the whole organization. Therefore the minimum, the organization is making out of us is $6 (4 for 80%, 1 for itself and 1 for us).

One doesn’t need any super mathematical skills to see it through. If anyone of us were to be an entrepreneur then we would be making $6 for ourselves whereas if employed $1 hence a profit of $5.

Cool! Isn’t it! Just imagine the kind of wealth that would be amassed!