What the literature says about the earnings of entrepreneurs

Re:What the literature says about the earnings of entrepreneurs by danieltillett on Tuesday February 23, 2016 @04:50AM (#11157744)

I am defiantly on the control-oriented side rather than the wealth-oriented side. The appeal for me of being an entrepreneur is I have control over my life, not the money (I am not saying that money is not great).

You only have one life and you almost certainly won't look back on your life and say "I wish I spent more time making money".

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Re:What the literature says about the earnings of entrepreneurs by cylinder on Tuesday February 23, 2016 @01:12PM (#11160950)

You only have control once your business steadily earns enough to employ managers to run things for you. Until then you are at the whim of your clients.

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Re:What the literature says about the earnings of entrepreneurs by danieltillett on Tuesday February 23, 2016 @03:18PM (#11161948)

You can say no to your clients ;)

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Re:What the literature says about the earnings of entrepreneurs by miseg on Tuesday February 23, 2016 @05:51AM (#11157980)

Same here! I went through a startup course, only to realise the I want to be in control, not take investment.

That being said, this made me think of whether I can take better "wealth-oriented" decisions within the business, just like focussing better on finding new users instead of always building my SOPs :) It's always a balance, I suppose.

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Re:What the literature says about the earnings of entrepreneurs by danieltillett on Tuesday February 23, 2016 @03:24PM (#11162004)

It is not an either/or decision. You can still become wealthy with a control-oriented approach. While I have not become obscenely wealthy, I am well on track to achieving my personal wealth goal. More money would not make my life substantially better.

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Re:What the literature says about the earnings of entrepreneurs by miseg on Wednesday February 24, 2016 @04:27AM (#11165536)

Thanks Daniel. I appreciate your insight.

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