ENTREPRENEUR OR EMPLOYEE CAREER IDENTITY

This articles briefly addresses employment, unemployment, investors, employment choice, the difference between a job and career, and the entrepreneurship career identity. 

INVESTMENT, EMPLOYMENT AND CAREER IDENTITY

It is our desire to work in the best places and live a happy life, probably slay dragons, win and ride into the sunset to experience unconditional love with everlasting financial independence. Few ever wish to experience unemployment with its accompanying temporary lose of control but many do.

Unemployment refers to any situation where a person is willing and able to, but cannot find work. While employment can be defined as having paid work or being engaged in an occupation. The discipline of economics that expresses the power of demand (buying) and supply (selling) establishes that entrepreneurship is an employment choice. Therefore, your entrepreneurship career is your employment choice. How is this choice made?


It is said, many people are either pushed or pulled into the entrepreneurial career. That, push or pull factors are powerful triggers for the entrepreneurial career. A trigger refers to a situation or event that prompts something to happen. First, necessity push refers to the situation where people start businesses due to lack of career advancement or unemployment. This implies unemployment, underemployment or little work opportunities in regions influences the entrepreneurship career decisions. Secondly, opportunity pull refers to actively pursuing business opportunity, or wanting to become your own boss and deciding to take advantage of business opportunities to become an entrepreneur.

“No matter what you do in your life, what you create, what career you have… your greatest creation is always going to be your life’s story” (Jonathan Harris)

Entrepreneurs shape their destiny, and write their own life story through their careers. Many careers are results of occupational motives, intentions and decisions originating from one’s belief system, attitude, personal knowledge, and life experiences. So what is a career? A career can be defined as a persons work, profession, employment, vocation, occupation, calling or business; the individual’s work path or aspects of a person life that explains what they do and how they earn a living. Thus, career choice refers to what a person decides to do as work, and most career influences include family guidance, role-models, studies (education, training, readings, lessons), available community opportunities and personal preferences.

“Entrepreneurship is the way we take control of our lives in a tough economy” (Lori Greiner)

Furthermore, the terms job and career imply different things. A job is a role or shorter term position with rewards including being an employee and working to earn a salary/wages. While a career refers to a longer term identity, role, or work that satisfies one’s purpose or life ambition. For instance, when you say I am an author, consultant, lawyer, accountant, engineer, blogger, programmer etc this is a career identity beyond a job.

You will find that people who start and grow businesses often operate in more than one sector or industry, and may have multiple work identities to choose from. Let’s consider the examples of one individual who becomes the founder of multiple companies; a law firm, technology company, and a factory, what would you call such a person? A lawyer that starts their private law firm can claim multiples identities to say, ‘I am a lawyer’ or an ‘entrepreneur’. A nutrition focused doctor that starts their own natural clinic, can say ‘I am a nutritionist’ or an ‘entrepreneur’. A technology firm founder could say ‘I am a programmer’, ‘tech-preneur’ or an ‘entrepreneur’.

When you start a factory, you can say ‘I am a manufacturer’ or an ‘entrepreneur’. When you start in business young, you become a ‘youth entrepreneur’, ‘kid-preneur’ or an ‘entrepreneur’, while a mother becomes a ‘mum-prenuer’ or an ‘entrepreneur’. Still, you will find that many persons start a business in one sector but later diversify across others. Similarly, many people provide business capital or buy shares in different companies and can either be called “investors” or “entrepreneurs”. The investor typically allocates their money, or time, for income, profit or any valuable return.  Thus, it would be a long conversation if a person that invests in different sectors or runs several businesses (freelance, portfolio or serial entrepreneur) has to mention all the sectors in which they operate as their work or career. Hence, the easier reference to such a person’s career and work identity is “I am an entrepreneur”. Whether the person starts only one business, or becomes a serial investor or portfolio entrepreneur operating in multiples sectors their career identity is “I am an entrepreneur”.

“I wasn't born a natural entrepreneur. I had to be trained” (Robert Kiyosaki)

Basically, entrepreneurship is a viable career choice, identity and a legitimate way to earn a living through investing, starting or operating a trade or businesses. The entrepreneurship career is a long-term path that entails monetising your passion or pursuing business opportunities long-term to earn revenue, profit or dividend, fulfilling your ambition and purpose.

“I am an entrepreneur”

Excerpt from the Book: WEALTH EMPIRE STATE OF MIND: ENTREPRENEURSHIP IS A VIABLE CAREER CHOICE By Dr Beem Beeka & Doo Beeka

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