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The Tim Ferriss Show cover image

#747: Seth Godin and Dr. Sue Johnson

The Tim Ferriss Show

NOTE

Entrepreneur vs. Freelancer: Building a Business Bigger Than Yourself

Entrepreneurs build businesses larger than themselves, generating income even when they're not actively working. They focus on identifying and catering to existing needs rather than creating new demands. Entrepreneurs like Larry Ellison delegate tasks, focusing on strategy and growth. For those confused about their role, the key is determining if they are entrepreneurs or freelancers. Selling something people already want is crucial in entrepreneurship as opposed to trying to create needs. This approach is highlighted in the 'First10' theory of marketing, emphasizing sharing with 10 trusted individuals to gauge interest and demand.

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