How Entrepreneurship Levels the Playing Field
Nothing equalizes people more than entrepreneurship, and yet nothing separates or divides the haves and the have nots like those who understand how to build a business and those who remain an employee.
There’s nothing wrong with being an employee – we’re just highlighting the fact that entrepreneurship is accessible to all – regardless of race, gender, creed, or education levels.
We hear quite a bit about the top 1% of the wealth holders in the world. We’ve all heard it from people like Bernie Sanders and other socialist leaning people, who continue to divide us along the lines of the haves and the have nots.
But everybody has equal access to entrepreneurship, even if you think you have no financial margin to take a risk.
While not every adult has the ability to start their own business, everyone has the opportunity to start a side hustle. A side hustle could be anything from doing bookkeeping for another business, cleaning houses in your spare time, or shoveling snow.
There’s a group of people that just read those ideas and created 55 barriers or excuses about having success in these areas. And that is why entrepreneurship is a great divide.
Entrepreneurship is accessible to anyone, but the great divide exists between those who go and get it done and those who simply have analysis paralysis or do not want to put in the hard work to add value to other people in non-glamorous services.
Entrepreneurship is all about adding value.
I want to show you one of the coolest things I’ve seen that exemplifies a can-do attitude when it comes to entrepreneurship and the great divide between get it done people and the rest.
Go on Youtube and you may come across a user named “RashaadRahh.” In high school, he made $1,400 a month by re-selling cheeseburgers and making kool-aid gummy worms. That’s one of the simplest examples we can think of to demonstrate how entrepreneurship doesn’t have to be complicated. Great entrepreneurs are those who are driven to succeed in anything they set out to accomplish.
How can you add value to someone else’s life? What’s the first step you need to take to start a side hustle or a full-time gig?
If there’s Babies to Watch, or Houses to Clean – there’s no reason to be poor.
People that are honest, hard working, seek continous improvement, and execute, can create extremely successful companies as daycare providers, house cleaners, lawn care, window cleaning, or even being a bookkeeper.
What if you became a house cleaner. It’s not a glamorous job, but it’s meaningful work and it’s in demand.
I always like to do some macro-math about the future when talking with potential business owners. Imagine you were a house cleaner, and you managed to hustle around the neighborhoods and line up house cleaning jobs averaging about $250 per cleaning. If you got one house lined up for every day of the week, you could make $65,000. Chances are, if you did a good enough job, you could do two houses a day and increase your prices so that you’d build quite a successful company.
Daycare & Baby Sitting
Daycare is another kind of business that’s always in demand – if you’re willing to put in the work. Many daycare providers can bring in $100-$300 per week per child, depending on the setup. Is it hard work? YES! Could it drive you nuts? YES! Is it accessible to every honest, responsible adult? YES!
Pick a Trade & Apprentice
Another thing that people forget is that anyone can choose a trade or a technical skill, get experience by working in that field for a time, then launch their own company once they’ve mastered it. I’m not trying to make any of these entrepreneurial endeavors sound easy, or trivial – but I’ve come to this realization that people don’t know that they can make good incomes – and even build great fortunes – simply hustling harder and smarter than those that sit around not making a business.
Persistence, Free Markets & Adding Value
The beauty of America is that people are free to produce and make profits for creating value. If you’re trying to find a business to start, I want to encourage you to take a chance and work your butt of at it. I’ve met people that are less intelligent, and not as talented as you with successful businesses because they just set out and tenaciously get things done.
I love the quote by Ray Kroc, the man who made Mcdonalds a massive franchise –
“Nothing in the world can take the place of persistence. Talent will not; nothing is more common that unsuccessful individuals with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.”- Ray Kroc
Also published on Medium.