Entrepreneurs Work For Free

Entrepreneurs Work For Free

Working for a paycheck and building a business are two entirely different things and two modes of thinking. 

When you are working for a paycheck you are exchanging time for money. When you work for a paycheck you aren't building any equity. Working for a paycheck is a short term approach and doesn't involve any deferral of gratification.

Conversely, when you work on building a business you aren't exchanging time for money. You are exchanging time for experiments that may or may not pay off. You have no clue if what you're doing will ever make money. It's all just a shot in the dark. Sure, the more things you try and the more you experiment, the smarter you get and the better chance you have of something working, but nothing is for sure and there are no guarantees.

So when you're building a business as an entrepreneur you are working for free.

Entrepreneurship is the creation or extraction of value. It’s viewed as change, which may include other values than simply economic ones. It's the pursuit of opportunity beyond resources controlled.

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. Who is commonly seen as an innovator, a source of new ideas, goods, services, and business / or procedures.

A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

Administrator: What resources do I control? How can I reduce risk?

Entrepreneur: What opportunities can I capitalize on? What resources do I need to do so?

The entrepreneur is anyone who spots an opportunity and decides to pursue it regardless of the resources currently at the disposal. They see what could be and find a way to make it happen, even if they don’t have everything on hand to do so right now. It’s a leap, a risk but someone has to take such leaps if we want to develop innovative new products, build better organizations, and keep our companies and the larger economy strong and healthy.

An entrepreneur is someone who is willing to work for himself and by himself.

When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid.

To keep silent when you can say something wise and useful is as bad as keep on propagating foolish and unwise thoughts. Imam Ali (AS)

O My Lord! grant me the serenity (the state of being calm, peaceful, and untroubled) to accept the things I can't change, the courage to change the things that I can, and wisdom to know the difference. Dr Ali Shariati

When you were making excuses someone else was making enterprise.

Inaction is the worst action of human beings!

One of mankind’s greatest sins is inaction in the face of injustice.

Silence becomes cowardice when occasion demands speaking out the whole truth and acting accordingly.

99% of people are living in delusion. People don't want to hear the truth because they don't want their illusions destroyed.

There are two types of pain you will go through in life: the pain of discipline and the pain of regret. Discipline weighs ounces, while regret weighs tons.

We can choose rest over labor, entertainment over education, delusion over truth and doubt over confidence. The choices are ours to make. But while we curse the effect, we continue to nourish the cause. 

An invention is a responsibility of the individual, society cannot invent, it can only applaud the invention and inventor.

A good swordsman is more important than a good sword.

[The world will not be destroyed by those who do evil, but by those who watch them without doing anything. 

'Once you stop learning you start dying'. Albert Einstein]