There's two reasons one may want to become an entrepreneur. One is
you're sick of being the employee and want to spread your wings. The
other is you believe you can make more money on your own.
I've been an employee under both circumstances, separately, at
different stages in my life.
Before my first business I wanted the trappings that go with biz
ownership. I wanted to play the part. I thought that acquiring
certain things was the equivalent of success. I wanted the big
suburban house(oops, comes with a mortgage), two nice cars,
sometimes 3 (monthly payments, oops again), the boat (more payments,
you get the idea). I wanted to be thought of as a business owner,
some vague community status thing in my head. Well, I eventually
attained all that. Had all this stuff and money.
Was I happy? Nope.
I had the worst boss you can imagine. ME. I felt this obligation to
be all things to all people, just so I could keep the squirrel cage
turning. A jeweler friend says of business ownership, "its all a big
wheel, make money so you can pay bills so you can make more money". I
had a 1,700 ft store and shop. Six staff. This deal fell into my lap
and I was unprepared for it. By that I mean I had no training in
management. It was easy for awhile. But it became an endless
responsibility. Wanna go away for the weekend? Hah! fat chance. The
store can't run without you. Or at least that's what I thought.
But the money was good. very good. But the whole game sucked anyway.
I wasn't working for myself anymore, I was working for everyone
standing in line with their hand out.
Then through a tortuous flow of life I arrived at where I am now.
Small shop, decent money, low obligations. I enjoy coming to work. I
get to do stuff that makes me happy. I can buy that oddball gemstone
that will never sell, just because I feel like it. If I want a day
off I just hang a sign on the window and go fishing.(well, I don't
do it all that often because I LIKE being here). 'Course, when
there's work to be done, I work, fishing season is over now anyway. I
am essentially stress free. I don't have all that many years to go so
that is a welcome lifestyle.
BTW this story mirrors that of a jeweler I met from another state, I
told him we were twin sons of different mothers, went to different
So I put it to you, that you define for yourself what success truly
But getting back to the two reasons, obviously you are experiencing
the first. I've had that burning yearning in me most of my working
life so I can relate. But the second one, if you truly know how to do
it, or at least are willing to do what it takes, will help ensure
your success, however you define it.
But beware, success in this game is not a singular goal, its a state
of being. It needs tending all the time.