The Age of the Entrepreneur

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

I keep hearing the tagline ‘The Age of the Entrepreneur’ to promote the home based business industry, which, don’t get me wrong, is a great idea, but let’s think about this logically..

Communities often complain that the big superstores are going to move in and close down all of the smaller, family run businesses through their cheaper prices. The age of the entrepreneur is a thing of the past! All families WERE entrepreneurial pretty much by default. There was an array of butchers, locksmiths, barbers etc.. Family run businesses, with entrepreneurs at the helm.. And loads of them!

In 1908, a lovely man named Henry T Ford created his first assembly line for his new automobiles and things began to change. I’m not sure if Mr. Ford is wholly responsible for what happened next but he is the most revered industriallist for a change in production techniques. He, possibly unwittingly, started the age of the employee, which we are still in. He and his droogs were the innovators of creating massive systems with employees doing very small and highly repetitive tasks for hours on end, in order to create maximum efficiency. Something very apparent still today.

It does make me worry when people are proud of their title at work. If they stopped and realised that it is just a verbalisation of which cog in someone’s machine you are, they might not be so proud… Ok, you’re right, that probably is a little unfair, these people do work hard and deserve all the success they get. I am just trying to illustrate the reality of what a job title really is.

So why is there such a demand for employees again?.. To get a big job done?.. Yes, in essence, but it is even more about leverage. As the employer you get to dictate what you percieve to be the value of the employee.. That is called a wage, payable in fiat currency. A wage is the amount that an employer wants to pay you so that he can maximise his profit when he sells the output of his system, it is not the true value of the work that you do nor what you offer the employer. If it was, there would be no profit for the employer, how would he buy his personal luxury goods or second or third home?

I hear you all cry ‘but there is security in being an employee.. At least you can count on the wage to pay your bills each month’. Well the logic is good, but in reality we all know different. How many people have, in essence, had to fund the survival of their employer’s system directly.. By means of a drop in wage? If you think what that really is another way around.. You should still be getting what you agreed to in your contract as means of payment for your services, but the employer wants you to pay him x amount to finance his system.. Do you see what I am saying? Will you get a share dividend in future company profits, when the crisis is over, for your investment in the company? I doubt it!

Sorry, I’m ranting. So… the ‘Age of the Entrepreneur’ is technically over, it all happened prior to the assembly line. But, what I think is far more exciting is the ‘Employee Rebellion’ that is occuring, seeing a vast increase in people searching for the entrepreneur route. We have all been to school and some of us through university, where we are all taught how to become the best employees, but still there is this cultural shift. I love and believe it to be highly empowering for us all!

Undue Hesitancy…

When I was 17, learning to drive, I got to my first driving test date within a month. This was probably something to do with living in the country and having to drive 20 mins to get anywhere and I was fed up of asking mum!

In those days there was no theory test beforehand and you could only get 3 minor faults in one area, or one major to fail. I thought my test had gone ok but I failed, and reason still sticks in my mind as to why today.

In the whole 20-30 minute on-road test I had managed to accumulate 4 minor faults. I had friends that had had over 17 and passed, spread across different criteria on the test paper, no more than 2 in any given box. I had managed to have 3 in the box marked ‘undue hesitancy’ and one elsewhere!

This has obviously bugged me to this day as I had had my new opportunity at a revised freedom taken by something so apparently trivial. I’m not saying that I deserved to pass necessarily, but only 4 minor faults versus new licensed drivers with 17, I felt a little hard done by.

But I still do it today, as I am sure that many of you probably do, although some may not admit it! I was just about to make a call to a guy at the local university and it took me 5 minutes to ring the number. Be in mind that I am highly conscious of being time efficient but there was only a certain amount of planning needed for the call. I was unduly hesitating!

I would consider myself pretty good on the phone, so what was my problem? But hesitancy, a symptom of self doubt, can be found in all of us to varying degrees.

What is there really to fear on anything that you do, why do we pause and focus on what might go wrong? From what I gather about this guy that I am looking to speak to is that he is a cool guy, everyone I have spoken to trying to get to him seems to think so! What causes us to pause on the negative?

I’m sure there are a million different reasons, all different yet specific to each of us, leading us to  start to doubt ourselves and we pause.

So, as soon as I spotted I was doing it, I dialled… He was out of the office anyway, but there we go!

What I am trying to say is, if you do not put yourself out there and push away the boundaries that you know, you will never grow. ‘Fortune Favours the Brave’ as they say. What is there ever to fear? 99.9% of the time there is nothing to fear, just our own varying self doubt!

If we know that something that we are doing is not right, fix it. But how many of us let whatever it is prevail and shrink back into our comfort zone?