It doesn’t matter whether you’re employed or self-employed, you are an entrepreneur.
Deal with it.
You are an entrepreneur because every day, you take risks with your career. You may get fired today. Your partnership may break up. Your biggest client may leave you.
You are in sales, too. You sell your services (and yourself) to an employer or to individual clients. Every day, you sell or re-sell yourself on getting and staying hired.
But every day you also have the opportunity for gain. You may get a raise. You may get a big case. You may start to embrace marketing and double your income.
Risk and reward. The yin and yang of the entrepreneur. The only question is, how much risk are you willing to take?
You do know that a job doesn’t mean safety or security? In fact, it means just the opposite. You don’t control your fate. Others do. Just ask people who lost their job two years ago and are still unemployed.
Starting your own practice or business isn’t risk free, of course, but if you fail, you will at least have a skill set that allows you to start over.
In fact, the very act of failing makes you more likely to succeed the next time. The greatest risks are often borne by those who have never failed.
Venture capitalist Ben Narasin says that he sometimes funds startups run by people who have never failed at anything. He says,
Sometimes these prove to be the founders most likely to fail. They’re likely to fail exactly because they are afraid of doing so. They’re so used to winning, so used to the orderly, structured, achievable goals… conquerable by brain power and effort alone, that they are ill-prepared for the entirely messy reality of entrepreneurship.
Being an entrepreneur is messy. You might fail. But that’s not necessarily a bad thing.
Building a law practice is easier when you know The Formula