Dennis Yu

Tell me— are you an employee or an entrepreneur?

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.

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