“Follow Your Dreams. Don’t settle for a 9-5. There is nothing better than working for yourself.”
These are wonderful sentiments and in some cases even great advice. But there is a fundamental problem with how such advice is often presented. There seems to be a common rhetoric amongst many that being an entrepreneur is always better than having a regular career (working for someone). This blog post is not meant to discourage you from becoming an entrepreneur. It’s just to let you know that if you have a job you love but doesn’t belong to you, it’s okay and sometimes even better to keep it and become the best you can be at it.
Your career can give you success. The biggest names in the world are usually entrepreneurs and there is a reason for that. Stories of resilience are flashier when there is a business to show for it. It is important to note however, that the dreams of the world’s greatest entrepreneurs were never achieved without the help of a dedicated team of employees
It isn’t so obvious in a place like Ghana where the spotlight only focuses on a select few. Out there in the bigger world, there are stories of business executives who did not start businesses but have played significant roles in building some of the greatest brands we know.
When Larry Page and Sergey Brin decided they wanted to take their small search engine (Google) to the next level, they reached out to Eric Schmidt, a career businessman to take over and build it. He became CEO and helped build Google to become what it is today. There are countless similar stories to write about.
Successful entrepreneurs are an exception to the rule if you look at the number of businesses that get started each day. Most people who start their own businesses don’t succeed and that is because many people go into business for the wrong reasons. There are high rewards if a business succeeds and the higher the risk, the higher the rewards. But the truth is, entrepreneurship isn’t for everyone.
If you’re happy in your current job, stay there. Don’t be lured by the flash and glamour of what successful entrepreneurs show and drop everything to chase a path that might not be yours. You may be great at working in a regulated environment and you may do a lot better at supporting other people’s visions. You need to know what skills you possess and if they are effective for running your own shop.
Your career promises a number of things, the first of which is a steady income. In building your wealth, it is a great idea to have regular income for savings and investments. Try your hands at a small side job or monetizing a talent you may have. Build it gradually and if it becomes the next global sensation be sure to hire the right people (like you) to truly make it better.
However, being a rockstar at your job could easily lift you to the highest levels of your industry and that is something a lot of business owners don’t achieve. Your career can get you success and fuel your wealth creation efforts if you do it right.