How to Get Out of The Entrepreneur Rat Race | 583

It won’t take very long when you start to become a business owner, you start to realize, “Wait a minute, I kinda own a job”. You’re in the very same rat race you wanted to get out of, even when you’re making more money! 

Watch this video to learn more about what makes entrepreneurship a rat race and how you can get out of it so you can become stress-free and financially independent! 

Key Talking Points of the Episode

[00:00] Introduction
[01:30] Why do most people become entrepreneurs?
[02:20] What does entrepreneurship really look like?
[03:37] Start getting things under control 
[04:10] Make sure you have profit
[06:32] Should you live cheap? 
[07:01] The entrepreneur’s mindset
[08:35] Why should profitability be your priority? 
[10:15] Why should you come from a place of mission? 

Quotables 

“I became an entrepreneur just out of college. My whole goal was to learn how to be a business owner so I can consult people on businesses.” 

“I dropped out of college with one class to go to get my bachelor’s in Sociology and I decided I’m gonna take that entrepreneur path.”

“I wanted freedom, I wanted the control of my time, how much money I make, and my life, essentially. So that’s the path I took.”

“Don’t live cheap. You don’t have to cut out your entire life and delay gratification. Don’t get caught in that trap. What you wanna do is make sure you actually take that money and have money extra over.”