I always hear from people that being an entrepreneur is risky… but is it risky?
I mean, everyone used to be an entrepreneur, from the farmer to the blacksmith. The idea of having a safe, secure job isn’t really that old, as corporate America isn’t even 100 years old.
It’s especially not old as people currently perceive it, where your job is responsible for your healthcare, vacation savings, retirement, etc. That’s less than 50 years old, and is imploding as we speak.
It’s cheaper, easier, and less risky than ever to become a business owner or self-employed.
You can partner, go part-time, or start an online business with virtually zero costs to set up.
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In my opinion, becoming a self-employed entrepreneur, even very part-time, is a crucial step towards preparing for the new economy – the one we will all live in for the next 50 years.
Mark my words: the biggest trend is the fact that the world is becoming a freelance economy.
In the end, of course, whether we are at a job, own a business, or are an investor, we must all force ourselves to over-deliver.
James Altucher talks about over-promising, too. I like that, because if you over-promise, it forces you to be creative, to search for new ideas, and expand.
If you want to have an amazing business or receive the big raise, over-promise and over-deliver.
Our economy is going to go through some massive changes. We are already seeing them unfold here. And unfortunately, they aren’t all positive, as technology and apps continue to replace people. One of the best preparations for the future is to have the mindset of bringing your ‘A’ game and being exceptional!
The middle class is being destroyed, and this trend is very unlikely to change.
Your portfolio and investments are important, but always remember that the biggest cash generator in your life is you.
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Legal Notice: This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.