Modern Wisdom
#106 - Business Principles 102 - Should I Work For Myself?
Sep 26, 2019
Jonny and Yusef, co-founders of Propane Fitness, discuss the realities of self-employment after leaving lucrative corporate jobs for their passions. They share a unique mental exercise for evaluating job worth and reflect on personality traits that may hinder entrepreneurial success. The duo humorously discusses the emotional complexities of balancing freedom with financial security and emphasizes that job fulfillment often comes from aligning work with personal passions. Expect insights into navigating the tricky waters of entrepreneurial growth and finding true purpose in your career.
01:13:15
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Quick takeaways
- Assess tolerance for income uncertainty and financial risk before diving into self-employment.
- Consider personal preference and risk tolerance when evaluating self-employment viability.
Deep dives
Tolerance for Uncertainty and Income
Deciding whether to work for oneself involves considering the tolerance for uncertainty, financial risks, and potential fluctuations in income. It requires a mindset that can handle months without earning money, both financially and psychologically.
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