Employee mindset: I put in the time, so I need to get paid for my time.
Entrepreneur mindset: I created $X in value, so I should get paid a portion of that.
Neither mindset is better, since you need both to run a business.
Just be clear about which one you are, so you don’t expect employee comforts while calling yourself an entrepreneur.
I see a lot of people who want to pose as entrepreneurs but can’t stomach the risk.
They want the supposed glamour and freedom but don’t realize that as a business owner, you have even MORE bosses than if you were an employee (every customer is a boss).
And while you may make more gross revenue, you don’t get to keep most of it, since you have many expenses.