The Employee Trap
I’m in a unique position of being both in the W2 employment (police officer) AND the entrepreneur world.
The other day I had an observation about the way time and money are treated in both worlds.
I’m curious how others feel about this👇
EMPLOYEE:
As an employee, the hours you work are directly correlated with the money you make. It’s really just about being there. You show up, you get paid. This is obviously excluding any sales gigs where you get paid on commission. I’m generalizing with your standard 9-5 or blue collar work.
ENTREPRENEUR:
As an entrepreneur you can work and work and work and build and build and not make any money for a LONG time until finally it all compounds and it HITS.
But for all that time it’s easy to think that nothing you’re doing is making you any money, when in fact it’s actually all just future money you’re working on.
But when it hits, it hits big. Then you can build systems to get the same amount of work done (or more) and pull yourself out to work on more future money.
That is virtually impossible to do as an employee.
Anyone disagree? I’d love to hear your take.