While there are many benefits to becoming a freelancer or entrepreneur, there is one rule that keeps the pursuit of owning your own business truly special. I call it the "1:1".
What you put in: Is what you get out
For the entrepreneur, this rule keeps them in check. This rule keeps them innovating. This rule is a blessing and a curse.
When you are your own boss, there is no kissing up to the guy above you and hoping for that raise. When you are your own boss, there is no doing the bare minimum and still getting that paycheck on Friday. With entrepreneurship, the market is truly your boss. And the beautiful thing about the market is that it is all action based. It is analytical. If you offer a good product that adds value to others, people will buy it. It is a measurable success. The more you sell, the more profitable you will become. And how much you sell, completely rides on the founder or CEO of the business. As an entrepreneur, you craft your future success or failure daily.
This rule can either be a sense of empowerment and a sense of freedom to the entrepreneur, or it can be the cold harsh truth that puts them out of business. At the end of the day, it is a gift to the individual that strives relentlessly to be innovating and creating value for others. The individual that doesn't take no for an answer, the one who reshapes and molds their products to the demand of the market strategically, the one who truly creates value for others will thrive. On the other hand, the individual who tries to scam customers, or make shady deals, or create more harm than good, will ultimately be put out of business.
For me, this rule is a sense of freedom. Because of it, I know that I will never worry about my next paycheck. I know that I will have an enjoyable life. Why? Because I know how relentlessly hard I work. I know what I put in, I know that is from my heart, and I know that I truly want to make people's lives better. It is simple math.
So are you thinking about pursuing entrepreneurship? Are you worried that it is too financially risky? Don't be, if you know yourself, you know your cause, and you can truly impact this world for the better. Because what you put in, is what you get out.