Owning a business versus owning a job

In my last job, I was an “owner,” at least by title and document.  This had its advantages and drawbacks.  One of the advantages was an eligibility to be a part of EO.  My old place didn’t have the income requirements for full membership (it was also founded in 2008), so I was put into the “accelerator program,” which was more of an education tool to help businesses get to the minimum requirements for full membership.

One f the things they talked a lot about was owning a business versus owning a job.  The premise is pretty simple – if you aren’t there, what happens?  If everything hinges on the business owner, they are tied to it.  Although the benefits and rewards can be different, the fact is: its another job.

It gets worse if you simply “strike it off on your own,” which is what I have done.  Somehow, out of the gate, I have done pretty well.  This is in the midst of several life changes, including boo-hooing for months over some girl that really didn’t love me anyway.  I’ve been distracted and self –destructive, and I feel like the fog is just now thinning out.

This is pretty representative of my business plan as it stands.

This is pretty representative of my business plan as it stands.

Somehow I’ve kept things afloat, but I really I have just been working for myself.  There are a lot of freedoms to that, but I don’t really see this as my end game.  Several People have congratulated me, wishing me good-luck on my entrepreneurial adventure.  Honestly, so far, it hasn’t been one: I’ve surprised myself by maintaining my living without a job, which is pretty cool, but now… I feel like its time to build something..

Next year is already looking really good.  However, as I look at it and get excited about the opportunity that awaits,  I still haven’t figured out how to scale the business – it can’t be completely about me.  Its daunting to  think about the expenses of all of that – office space, medical insurance, salaries… At least I’m not out looking to buy a factory and dealing with raw materials, inventory, etc… So honestly the barrier to entry isn’t that high.  But its still a lot for someone who is earning his own way.  But I’ve decided to focus on it.  Step by step.

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