What Are True Entrepreneurs Made Of?

What Are True Entrepreneurs Made Of?


Does firing your boss and starting your own business equate to entrepreneurship? Or does it just mean that the status quo has just changed from you being an employee to you being "self-employed"?
Quoting Michael Gerber of "The E-Myth Revisited" fame, entrepreneurs "invent organizations that work without them. Technicians create businesses who work because of them. The entrepreneur is liberated from what I call the "tyranny of routine," and the technician becomes a slave to it. In the entrepreneur's case, the business works. In the technician's case, the technician works." The above few sentences capture the essence of true entrepreneurship.
Well, to paraphrase, one cannot claim to be a true entrepreneur if you merely jump from being an employee to starting your own business but continue to use your own time to do exactly the same things you used to do as an employee. ie. you are basically still exchanging your personal time for money. Instead of freeing yourself from the slavery of your ex-boss, you have evolved to become a slave to your own business.
To be a true entrepreneur, value has to created, predominantly in the form of a scalable business example that are based on rules, systems and processes, that ultimately frees the entrepreneur from having to micromanaging employees or firefighting. Instead, the true entrepreneur should be focused on steering the business towards his dream and vision, to plan, organize and direct instead of getting stuck managing routine work. Instead of letting the business run you, an entrepreneur runs the business!
Being an employee, you are given a job. By starting your own business but doing the same thing as you did as an employee, you become self-employed and own a job. But as an entrepreneur, you captain a self-sustainable business system that is profitable, creates value, and gives jobs to some people while freeing your own time . Who would you rather choose to be?

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What Are True Entrepreneurs Made Of?