Are You an Entrepreneur or an Employee? Here Are the 4 Biggest Distinctions.

| May 31, 2018

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Many people dream of quitting their day job and joining the ranks of the self-employed; but according to a 2016 Kauffman Foundation Study, only 6 percent of Americans actuallly own their own business. Of those who aren’t business owners, some have tried and failed, while others are employees who have never ventured further than the boundaries of their job description. Taking the leap into the world of entrepreneurship takes guts, but success lies in understanding the key differences between being an employee vs. being an entrepreneur. A 2013 study published in the Journal of Socio-Economics described a person’s mindset as the key to determining whether he or she will be happier and more successful as an entrepreneur or employee. An entrepreneur, the study said, tends to be a “jack of all trades” whose interests, experience and expertise cover a wide range of topics that combine to support a new business. The study found that entrepreneurs tend to have a diverse network of relationships which can support them when they start a new business.

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West & West Limited

West & West are electrical installation contractors in the educational, commercial, industrial and public and bespoke residential sectors. We can maintain all aspects of a business's electrical needs, from regular lamp changes and additional power outlets to full rewires and refurbishment; inspecting and maintaining emergency lighting, fire detection systems. All fixed electrical systems and portable applicances require regular inspections and testing and we can tailor our service agreements to suit the needs of the client, offering cost effective solutions to meet current regulations.

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Spotlight

West & West Limited

West & West are electrical installation contractors in the educational, commercial, industrial and public and bespoke residential sectors. We can maintain all aspects of a business's electrical needs, from regular lamp changes and additional power outlets to full rewires and refurbishment; inspecting and maintaining emergency lighting, fire detection systems. All fixed electrical systems and portable applicances require regular inspections and testing and we can tailor our service agreements to suit the needs of the client, offering cost effective solutions to meet current regulations.

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