Episode
It Is Riskier to Work for Someone Else Than to Work For Yourself
- Podcast
- Do More By Doing Less - Time Freedom for Entrepreneurs, Small Business Owners, and Solopreneurs
- Published
- May 12, 2026
- Duration seconds
- 410
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Summary
Is owning a business actually riskier than having a job? By the way, I have both, so I'm not exactly a "burn the boats" kind of guy:) Show Summary: In this episode, I share the story of turning down a “safe” corporate job at John Deere during a recession and why that decision completely changed how I think about risk. Most people assume entrepreneurship is unstable, but after years of coaching and business ownership, I’ve realized depending on one paycheck can be just as risky. Takeaways: • A steady paycheck does not always equal security. • Multiple income streams can reduce long-term risk. • Friends and family often discourage entrepreneurship because it feels unfamiliar to them. • Modern business owners have more tools, automation, and flexibility than ever before. • Starting a business while working full-time can lower financial pressure and help you test ideas safely. Action For You To Take: Look at your current income situation honestly. Ask yourself where all your financial security currently comes from. Then identify one small way to create an additional stream of income, even if it starts as a side project. What To Do Next: If you want help building time freedom while still growing your business or even starting one, schedule a quick, non-sales, chat with me at yourcharlesalexander.com.