The entrepreneur life fits me better. I had so much trouble fitting in with the employee culture. I do have a safety net when it come to being an entrepreneur, I am an veteran with support. When I am not working on my business, I am shopping and delivery people groceries. I have found a balance when I can continue producing content and pay the bills. It is slow going but it works.
Maria, it is slow going...for everyone. But you are building an "evergreen" content library that will be working for you when you sleep. It sounds like you are working on the right balance - it is a constant juggling act. But I'm glad you are taking the road you are and thankful you took the time to comment.
Entrepreneurship for me! I still have my 9-5 for now, but I sell merchandise on FB Marketplace, Mercari and Poshmark. My main goal is to have my own platform where people can sell their items.
I stumbled on your video when researching the difference between the entrepreneurial and the employee mindset. Loved the way you broke it down across multiple aspects, without explicitly promoting either side, which really helped me to reflect which side I lean towards. Look forward to catching up with your other content!
Hey Dude! You bet! I am a man of my word...I wanted to give you a heads up with a private message - but couldn't find your account! Glad you found the video!
rhapsodist, the person you will become as you grow on the journey is worth it! p.s. if your channel is for your business, adding a call to action at the end of each of your videos with details of how customers can contact you like Philip does will help promote you and generate some leads
Null has some great advice rhapsodist. He's right, the shift in mindset is really hard, but the results are worth the journey. Plus if you ever decide to go back to the employee-way all the things you internalized as an entrepreneur will make you an even better one!
Bob, I feel your pain. I was a wage slave for 30 years. The life of a self-employed entrepreneur is tough - and it's no joke. I am working longer hours now than I ever did, and I used to work in branding agencies where the hours were super long. BUT - now I jump out of bed and can't wait to get to work - on the goals I set for my business and for clients that are mine - not my employers.
Very useful! I've been working for a small design agency for about 6 years now and I really want to get the hell out now. Everything I've ever done is self-taught and my disciplines are highly varied and of high quality (CG, photography, video, IT, a bit of webdev and design, customer relations and support, etc), which makes me a valuable asset in such a company company, but this also makes me the perfect candidate to move into the entrepreneurial world. While I do like the stability of a 9-5, I also don't feel like the compensation I am getting is up to scratch with what I want out of life (aside from the company being very small and stagnant in terms of future expansion), so the prospect of being able to keep the "sweat of my brow" for myself, as well as expand later on, is very tempting. Thanks for the videos - they are of great help in the process. You've got yourself a new subscriber! :)
Pixel, My recommendation - before you make a move to the entrepreneurial thing, have 1 full year of expenses in the bank that you will spend to fund your launch. It ALWAYS takes more time than you think to build a consistent stream of clients. And you want to have the finances to stick it out - than to have to go crawling back...
I am researching the concept of deschooling myself. I believe that my general education was geared towards making me an employee, but my personality never fit that. My goal is to rewrite my habits and be able to help others do the same. I believe that conventional school is not the best for fostering creativity or the natural curiosity that makes good entrepreneurs. Being able to own yourself and your outcomes is the ultimate freedom.
To be an employee you have to learn to be a machine for a bigger machine. Be a corporate puppet for some greedy psychopath narcissist that cares nothing about you because their profit is all that matters. Don't get sick or have other needs. To be an employee you have to also be able to tolerate a very short leash day after day over and over.
Hear your anger in even syllable MFP. Sounds like you got burned. Not all employers are evil, you just have to find the right one with a culture and management that values your contributions. They do exist. But sadly, so do the bad...
@@PhilipVanDusen Nothing against employers, not against being a team player. It's more the profit over people mentality of corporations, Some companies have a Dead Peasant insurance where the company gets benefits from their employees death. The name shows the corporate mentality twards employees in general, also the short leash, getting on someone elses treadmill everyday, the lack of being in control of your own life, It may be more risk to be an entrepreneur but it's an investment in yourself and your life. :)
In my case, I believe I have entrepreneurial mindset more than employee mindset, however I still do not feel confident quitting being an employee (read: quitting stability) to pursue a bigger goal. I feel like there are certain things I need to learn first, so that I can minimise the stress of making such a change. Currently I am an employee that is always trying to do more than expected, in the culture that proactivity is not welcome (particularly from a young woman). I think being an employee in a place where you can at least grow and have increasing impact is a good middle ground. It might gradually make you familiar with how it is to have more responsibility and decision making power, and that can help you gain confidence in becoming an entrepreneur.
Jagoda, I have been fortunate - and I attribute a lot of my success to the fact that for the most part (yes, there were some crappy ones) I have had some great managers, mentors and supportive companies with cool company cultures - that challenged me, rewarded my successes and gave be growth opportunities. It sounds like the co. you are at right now might not be offering you those key avenues to success. You might want to make a jump to a more supportive co. soon. Security is good, but not at the expense of having to live your life swimming up stream against a strong current. ~;-)
Thankyou so much sir! This video work of you means a lot to me!! I am always getting some lines from my colleagues that you are bossy CEO person in your words, attitude, working style....., (Cause I do my best, learn every single time even from a sweeper, I expect the best from my colleagues too, if they don't I will help explain them motivate them that you can do this & I don't depend on anyone out there.) Also I get to heat that, You are not that fit as an employee, you are feeling like you are the boss for this company, (Cause I don't want to be in a single position for years, I use to ask my managers, CEO too, that, What is an entrepreneurship? How should I become an entrepreneur?, what's this company working for?, targeting for?, Budget, capital? Who are the clients?, Who are those investors?, mentors?, How you people reach them? What are the risks involved in hiring people & bringing investors? What are the taxes, finances, accounts systems? What are those sales, marketing issues? How this company manages finances with the investors, clients, employees? How should I develop a system for myself from scratch? How can I contribute myself to be in the core managing people of this company? How you expand the business? & so on... They use to insult, scold me saying that be in your limits & also give me with fake false advices so that I can fail at an early stage in my attempts & get in to a fear of not crossing this paycheck to paycheck 9 to 6 life! Like I wanna do some business with this company but not as an employee! I don't have the right people in providing a path to travel to achieve those goals! I started my instagram.com/pranaytony18 page about Motivating content but suddenly I started posting entrepreneural content! I always wanted to be a self dependent person & run a small to medium based company & make it a big in the future, hire some cool people & provide them with the employee friendly culture, so that they can grow from their positions to achieve their ideas to an individual successful businesses in to reality!
Pranay, Thanks so much for sharing all this. I'm sure the community will benefit from your story and your experience. I love this comment - it is a roadmap for your future I changed the words in all caps for you. Repeat this every morning to yourself and it will become a reality. You can make it happen: "I WILL be a self dependent person & run a small to medium based company & make it a big in the future, hire some cool people & provide them with the employee friendly culture, so that they can grow from their positions to achieve their ideas to an individual successful businesses in to reality!"
I have an employee mindset but have been forced into being an entrepreneur, due to never getting past the interview. To fill the hours I charge some of the lowest prices so it is very attractive to use my services. I also like to save and be as frugal as possible most of the time. When value appears eg low metal and fuel prices (that time of the business cycle), low real estate prices (unattractive property eg commercial and waste land when everyone is trying to buy residential) I like to buy heavily into the equities that relate to the cheap cyclical asset and or the unattractive real estate. The value and contrarian mindset added to the very hard working employee mindset and the generally frugal habits lifestyle has made me very wealthy over time, mostly from inflation lifting the value of the assets as a positive (hence can borrow more to buy more unattractive assets) and inflation raising living costs, but I'm not affected too negatively because I have production on my waste land (trees that produce starchy nuts, fatty nuts, fruits and wood for timber, flavouring, charcoal/fuel; fruit bushes and the flatter areas are great as gardens for vegetables and oil crops). But I have to say I never wanted to be an entrepreneur ever the very thought of taking enormous risk is awful. The comfort of just being able to slot into a situation everyday, even if the pay is not so good, is perfectly fine. If I want more pay I'll work longer hours, do without the momentary impulse or find an alternative. The employer can take the risk. Everything bought must hold value or it is risk taking.
Actually I've adopted the entrepreneur mindset even being just an employee (though not a very successful one), because learning and taking intiative is fulfilling in itself, regardless of my role. With entrepreneurship, I feel I can take on the mindset but not the high risk. Personally I also have trouble making my real interests into a business -- I'm into music, literature, philosophy, psychology, spiritual stuff. I'm good at writting and can speak Mandarin Chinese and English. I just didn't find much opportunity to package all of that into a business. I just wrote a lot on Quora for free, answering other people's questions. I think I may only become an entrepreneur if I actually have a product to solve unsolved problems on the market.
I know it's been a while but you sound similar to me and what I've been considering is creating online courses. No risk really as you can work on it on the side and run the business yourself.
Lol! That attitude will not help you succeed anywhere. Even in business. Only place where that kind of attitude would help is street fighting, but even there, you need to respect the bookies, I think! 😂😂
My brother was a real estate agent in NYC for 15 years and with the way the industry has changed in the last decade, I think they have to be more entrepreneurial than EVER to survive.
Nice video but you address none of the mindsets. A mindset is a way of thinking and you didn't tell us the way an employee thinks that is different from the way an entrepreneur thinks. You simply listed out the roles and work curricula of an employee and an entrepreneur.
The entrepreneur life fits me better. I had so much trouble fitting in with the employee culture. I do have a safety net when it come to being an entrepreneur, I am an veteran with support. When I am not working on my business, I am shopping and delivery people groceries. I have found a balance when I can continue producing content and pay the bills. It is slow going but it works.
Maria, it is slow going...for everyone. But you are building an "evergreen" content library that will be working for you when you sleep. It sounds like you are working on the right balance - it is a constant juggling act. But I'm glad you are taking the road you are and thankful you took the time to comment.
Entrepreneurship for me! I still have my 9-5 for now, but I sell merchandise on FB Marketplace, Mercari and Poshmark. My main goal is to have my own platform where people can sell their items.
I stumbled on your video when researching the difference between the entrepreneurial and the employee mindset. Loved the way you broke it down across multiple aspects, without explicitly promoting either side, which really helped me to reflect which side I lean towards. Look forward to catching up with your other content!
Man of his word, great roundup, thanks Philip!
Hey Dude! You bet! I am a man of my word...I wanted to give you a heads up with a private message - but couldn't find your account! Glad you found the video!
Honest review that not only praising the entrepreneurs
I am struggling in self-employment, probably for the exact reason because I have an employee mindset
rhapsodist, the person you will become as you grow on the journey is worth it! p.s. if your channel is for your business, adding a call to action at the end of each of your videos with details of how customers can contact you like Philip does will help promote you and generate some leads
Null has some great advice rhapsodist. He's right, the shift in mindset is really hard, but the results are worth the journey. Plus if you ever decide to go back to the employee-way all the things you internalized as an entrepreneur will make you an even better one!
I'm the opposite I fucken hate having to go to work every day and it is so hard to get out of bed even. Life as an employee is not for me.
Bob, I feel your pain. I was a wage slave for 30 years. The life of a self-employed entrepreneur is tough - and it's no joke. I am working longer hours now than I ever did, and I used to work in branding agencies where the hours were super long. BUT - now I jump out of bed and can't wait to get to work - on the goals I set for my business and for clients that are mine - not my employers.
@@PhilipVanDusen I love it! I used to jump out of bed to my freelancing business it was hard but fulfilling.
Very useful! I've been working for a small design agency for about 6 years now and I really want to get the hell out now. Everything I've ever done is self-taught and my disciplines are highly varied and of high quality (CG, photography, video, IT, a bit of webdev and design, customer relations and support, etc), which makes me a valuable asset in such a company company, but this also makes me the perfect candidate to move into the entrepreneurial world. While I do like the stability of a 9-5, I also don't feel like the compensation I am getting is up to scratch with what I want out of life (aside from the company being very small and stagnant in terms of future expansion), so the prospect of being able to keep the "sweat of my brow" for myself, as well as expand later on, is very tempting.
Thanks for the videos - they are of great help in the process. You've got yourself a new subscriber! :)
Pixel, My recommendation - before you make a move to the entrepreneurial thing, have 1 full year of expenses in the bank that you will spend to fund your launch. It ALWAYS takes more time than you think to build a consistent stream of clients. And you want to have the finances to stick it out - than to have to go crawling back...
Definitely an entrepreneur mind here!
Hey Kandi Mars! Thanks so much for checking out my video! I appreciate you taking the time to leave a comment. Keep tuning in!
Nice 👌.. There are a lot to earn from the internet. Still can't believe how I'm earning from forex trading every month
I am researching the concept of deschooling myself. I believe that my general education was geared towards making me an employee, but my personality never fit that.
My goal is to rewrite my habits and be able to help others do the same. I believe that conventional school is not the best for fostering creativity or the natural curiosity that makes good entrepreneurs.
Being able to own yourself and your outcomes is the ultimate freedom.
1.energy
2.yes
3.somewhat ok
4.a good amount
5.none yet
6.none yet
7.i like to only what i want ti learn sometimes i would rather learn myself
Thanks FANTAI ENTERTAINMENT!
Philip VanDusen no problem i create superheroes and stories and im gonna be the next walt disney no doubt
Thanks for the comparison chart! Very useful. I do really have an entrepreneurial mindset.
Another great video! Looking forward to having you on the show today!
Me too, Helen! Talk soon.
Helen, Thanks again for having me on your show! I had a blast.
@@PhilipVanDusen Thank you so much for taking the time! We all learned so much and enjoyed talking to you!
To be an employee you have to learn to be a machine for a bigger machine.
Be a corporate puppet for some greedy psychopath narcissist that cares nothing about you because their profit is all that matters.
Don't get sick or have other needs.
To be an employee you have to also be able to tolerate a very short leash day after day over and over.
Hear your anger in even syllable MFP. Sounds like you got burned. Not all employers are evil, you just have to find the right one with a culture and management that values your contributions. They do exist. But sadly, so do the bad...
@@PhilipVanDusen Nothing against employers, not against being a team player.
It's more the profit over people mentality of corporations,
Some companies have a Dead Peasant insurance where the company gets benefits from their employees death.
The name shows the corporate mentality twards employees in general, also
the short leash,
getting on someone elses treadmill everyday,
the lack of being in control of your own life,
It may be more risk to be an entrepreneur but it's an investment in yourself and your life. :)
@@myfavoriteplanet3247 Man, "Dead Peasant" I never heard that one. F-ing harsh. I'm with you - owning your own destiny is where it's at.
Thank you for this video. 🙏🏾
You are so welcome
I'm 100% entrepreneurial. Nice.
Justin, Congrats! It will serve you well on either side of the fence.
@@PhilipVanDusen Hey you only get one life and you're responsible for it. Gotta take the reigns.
In my case, I believe I have entrepreneurial mindset more than employee mindset, however I still do not feel confident quitting being an employee (read: quitting stability) to pursue a bigger goal. I feel like there are certain things I need to learn first, so that I can minimise the stress of making such a change.
Currently I am an employee that is always trying to do more than expected, in the culture that proactivity is not welcome (particularly from a young woman). I think being an employee in a place where you can at least grow and have increasing impact is a good middle ground. It might gradually make you familiar with how it is to have more responsibility and decision making power, and that can help you gain confidence in becoming an entrepreneur.
Jagoda, I have been fortunate - and I attribute a lot of my success to the fact that for the most part (yes, there were some crappy ones) I have had some great managers, mentors and supportive companies with cool company cultures - that challenged me, rewarded my successes and gave be growth opportunities. It sounds like the co. you are at right now might not be offering you those key avenues to success. You might want to make a jump to a more supportive co. soon. Security is good, but not at the expense of having to live your life swimming up stream against a strong current. ~;-)
I wholeheartedly agree with this
Thankyou so much sir!
This video work of you means a lot to me!!
I am always getting some lines from my colleagues that you are bossy CEO person in your words, attitude, working style.....,
(Cause I do my best, learn every single time even from a sweeper, I expect the best from my colleagues too, if they don't I will help explain them motivate them that you can do this & I don't depend on anyone out there.)
Also I get to heat that,
You are not that fit as an employee, you are feeling like you are the boss for this company,
(Cause I don't want to be in a single position for years, I use to ask my managers, CEO too, that,
What is an entrepreneurship?
How should I become an entrepreneur?,
what's this company working for?, targeting for?,
Budget, capital?
Who are the clients?,
Who are those investors?, mentors?,
How you people reach them?
What are the risks involved in hiring people & bringing investors?
What are the taxes, finances, accounts systems?
What are those sales, marketing issues?
How this company manages finances with the investors, clients, employees?
How should I develop a system for myself from scratch?
How can I contribute myself to be in the core managing people of this company?
How you expand the business? & so on...
They use to insult, scold me saying that be in your limits & also give me with fake false advices so that I can fail at an early stage in my attempts & get in to a fear of not crossing this paycheck to paycheck 9 to 6 life!
Like I wanna do some business with this company but not as an employee!
I don't have the right people in providing a path to travel to achieve those goals!
I started my instagram.com/pranaytony18 page about Motivating content but suddenly I started posting entrepreneural content!
I always wanted to be a self dependent person & run a small to medium based company & make it a big in the future, hire some cool people & provide them with the employee friendly culture, so that they can grow from their positions to achieve their ideas to an individual successful businesses in to reality!
Pranay, Thanks so much for sharing all this. I'm sure the community will benefit from your story and your experience. I love this comment - it is a roadmap for your future I changed the words in all caps for you. Repeat this every morning to yourself and it will become a reality. You can make it happen: "I WILL be a self dependent person & run a small to medium based company & make it a big in the future, hire some cool people & provide them with the employee friendly culture, so that they can grow from their positions to achieve their ideas to an individual successful businesses in to reality!"
I have an employee mindset but have been forced into being an entrepreneur, due to never getting past the interview. To fill the hours I charge some of the lowest prices so it is very attractive to use my services.
I also like to save and be as frugal as possible most of the time. When value appears eg low metal and fuel prices (that time of the business cycle), low real estate prices (unattractive property eg commercial and waste land when everyone is trying to buy residential) I like to buy heavily into the equities that relate to the cheap cyclical asset and or the unattractive real estate.
The value and contrarian mindset added to the very hard working employee mindset and the generally frugal habits lifestyle has made me very wealthy over time, mostly from inflation lifting the value of the assets as a positive (hence can borrow more to buy more unattractive assets) and inflation raising living costs, but I'm not affected too negatively because I have production on my waste land (trees that produce starchy nuts, fatty nuts, fruits and wood for timber, flavouring, charcoal/fuel; fruit bushes and the flatter areas are great as gardens for vegetables and oil crops).
But I have to say I never wanted to be an entrepreneur ever the very thought of taking enormous risk is awful. The comfort of just being able to slot into a situation everyday, even if the pay is not so good, is perfectly fine. If I want more pay I'll work longer hours, do without the momentary impulse or find an alternative. The employer can take the risk. Everything bought must hold value or it is risk taking.
Thanks for sharing your story and for watching Kyn!
Actually I've adopted the entrepreneur mindset even being just an employee (though not a very successful one), because learning and taking intiative is fulfilling in itself, regardless of my role. With entrepreneurship, I feel I can take on the mindset but not the high risk. Personally I also have trouble making my real interests into a business -- I'm into music, literature, philosophy, psychology, spiritual stuff. I'm good at writting and can speak Mandarin Chinese and English. I just didn't find much opportunity to package all of that into a business. I just wrote a lot on Quora for free, answering other people's questions. I think I may only become an entrepreneur if I actually have a product to solve unsolved problems on the market.
I know it's been a while but you sound similar to me and what I've been considering is creating online courses. No risk really as you can work on it on the side and run the business yourself.
@@SpookiDoki Great idea! Online courses can be launched on youtube first!
Great video, thanks so much!
Great job!
Thanks ROI!
Thanks ever so Philip
😇
Love your video and explanation. Thank you so much.
I hate taking orders and be scolded from inferior men...i wanna own a business
Then do it! But then you just get scolded by inferior customers and clients...LOLOLO
Lol! That attitude will not help you succeed anywhere. Even in business. Only place where that kind of attitude would help is street fighting, but even there, you need to respect the bookies, I think! 😂😂
😉👊
How would compare being a real estate agent vs. being an entrepreneur. Is it the same or are there differences?
My brother was a real estate agent in NYC for 15 years and with the way the industry has changed in the last decade, I think they have to be more entrepreneurial than EVER to survive.
Very nice analysis. And I loved the way of presentation in tabular form. Totally relatable. Thanks for the knowledge.
You rock Prakhar! I'm glad to see you back and thanks for noticing the chart format. Kind of dorky- but it' a lot of info to share!
Nice 👌.. There are a lot to earn from the internet. Still can't believe how I'm earning from forex trading every month
Very decent videos, detailed and structured.
Thank you, super helpful
Fantastic video
Thanks again
nice
Thanks
Thanks 👍💯
🚀
Nice video but you address none of the mindsets. A mindset is a way of thinking and you didn't tell us the way an employee thinks that is different from the way an entrepreneur thinks. You simply listed out the roles and work curricula of an employee and an entrepreneur.
Oh how I hate drinking that Kool aid
LOLOLOL.😂
its not a "mindset" its a condition.
Respectfully disagree
How is building equity not better than working for change and having to respond to a Superior?
I'm not clear on your question Manny.
Website 💅🏾
and...?
First🤷🏾♂️
Thanks for that Nigel!
@@PhilipVanDusen Thank you for always bringing forward inspiring content!
8:03 - 8:30 ...in other words you have to get good at kissing *ss