Corporate Grind vs. Entrepreneurial Life

So you work for a company (or different companies) for a period of time.  You may or may not be thrilled with the work, the people, your boss, the company or other things but you are there.  Maybe it’s the routine you are familiar with and don’t want to, or afraid to, make any changes.  So you accept the status quo and your life passes you by.  This is what I refer to as the Corporate Grind.

My life was exactly like this for almost 32 years.  I accepted what was because I was comfortable, albeit not thrilled.  A set of circumstances, both personal and business related, led to my exit from the corporate world and I decided to do something different with my life.

Deciding to be an entrepreneur opened a whole new world for me.  The world I refer to as Entrepreneurial Life.

Make no mistake it is a galactic shift from employee to owner/entrepreneur.  The first thing to remember is that you likely know virtually nothing about owning/running a business.  Take into consideration you must make all the decisions regarding what product/service you will offer and at what price, rent or buy space, finances, personnel, marketing, legal representation, full ownership vs. investors/partners, etc.   Until you generate enough revenue to hire a team, you must do all these all these things yourself.

So now that I have painted a bleak picture let me tell you the upside which, for me, far outweighed the risks.  The upside is if you surround yourself with the right team and are successful, you will have more time and finances to spend with your family.  Another huge aspect for me was the opportunity to help people and make a difference in their lives – this could be financial, emotional or whatever makes someone happier and their lives easier.   If I had the opportunity to do this over, I would have made the same decision to be an entrepreneur.

Before you decide to give it all up and become an entrepreneur, do your research.  Do not jump quickly.  If it sounds too good to be true, ask independent professionals for their opinions.

I wish you all the best and will gladly entertain any questions you have, based on my experiences.

 

Steve Kent
About Steve Kent 2 Articles
Steve has a Bachelors Degree in Accounting and a Masters Degree in Information Systems, both from Hofstra University. He has more than thirty years working in corporate roles, as well as more than four years as an entrepreneur. He has led teams ranging in size from two to one thousand professionals globally. Steve has a passion for helping others grow to their fullest potential.