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Amanda McCormick

Let's Give Thanks for Entrepreneurship!

By November 20, 2012

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Photo by Flickr user Tuchodi

It's almost turkey day! And while it's hard for entrepreneurs to take even a moment off, it's important to take a little time out to reflect, give thanks, and take stock.

How much do you think you resemble the Pilgrims? Over at Forbes, Alan Hall details the 10 things entrepreneurs can learn from our forefathers, including risk-taking, sacrifice, goal-setting and more.

As I was researching Thanksgiving for this blog post, I was most surprised to find out that turkey wasn't even served at the first Thanksgiving. Tough to imagine, I know! This year, I'm giving thanks for leftovers, because turkey sandwiches are far and away my favorite thing about the holiday. Besides pie.

I'm also giving thanks for being my own boss, setting my own hours, and generally being able to work from wherever I want, whether its at home with my trusty canine by my side or a coworking space in a city across the country from my home.

While the road to entrepreneurship is paved with many challenges, I could think of at least seven things we ought to give thanks for. I hope you'll check them out and let me know what you are giving thanks for this year!

November 26, 2012 at 4:12 pm
(1) Dennis Bevers says:

I like most of your seven things to be thankful for, but feel you left out at least one or two major things.

1. The business I build is mine. I own the equity in what I have accomplished. As an employee (sales person or otherwise), whatever I have accomplished, whatever accounts I have started or grown, the ownership belongs to the company. That equity I have built is mine to sell or pass on to my family.

2. I have exchanged trading hours with an employee for a fixed wage to investing those hours in my own business, where the income isn’t limited by a fixed wage and/or bonus compensation. As an employee (most employees anyway), we not only have to work the hours set, but have minimum and maximum hours to work. And all for a fixed rate except in the cast of commission sales. As an entrepreneur, the more I sell, the more I earn, resulting in an above average income in the field of my choice. Most sales people don’t have much control over their income.

Add these two to six of yours (I’m not that big on working in my PJs even when in my home office), and that gives me eight reasons to be thankful for living in the US, where an entrepreneur can write their own career plan, goals, etc.

December 3, 2012 at 4:26 pm
(2) entrepreneurs says:

Absolutely love your observations, Dennis, thanks for offering them!

I think especially about #2, the “value” of your hours are completely different when you are working for yourself. That’s one of the hardest recent lessons that I have learned. Might be worth a whole article by itself.

Thanks for being a part of this community!

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