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Entrepreneurship and the Reasons Why People Hate Their Jobs
The world seems to have two types of entrepreneurs. The people who are driven from day one to start a business and never do anything else. You know that kid selling lemonade at a construction site. Then there are the people who go to work and talk endlessly about wanting to quit and start their own business. Of those people, some will indeed quit and walk away. The majority will not.
The Future Billionaires?
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The majority who do not quit are usually not staying at their jobs because they are in love with the work. In fact, this crowd is split off from another type of employed person.
The people who love their work or attach some kind of passion to it – artists, athletes, doctors, teachers, fire fighters, pastors, veterinarians, designers, scientists – are also the people who knew they were going to do that profession from the beginning. You know the kid who wanted to dissect your dead dog. So they do not quit either.
You, the majority, did not have an early passion for anything – entrepreneurship or another career. But now, faced with a life of drudgery in the workplace, you have the passion to quit and start your own business.
Among the many reasons to become an entrepreneur is to look at all the reasons why you hate your job and figure out if entrepreneurship will help you overcome these obstacles. Here is one top ten list of the reasons people hate their job from Forbes magazine in November 2016.
The chart below lists the reasons, my take and why entrepreneurship will help you break away. Want the podcast version? Click here.
| 10 Ten Reasons People Hate Their Jobs | My Experience | Entrepreneurship’s Answer |
| 1. Not respected/valued | This is absolutely my number one. In the workplace I got tired of arguing with people who clearly were not smarter than me, and having higher-ups up people I had to deal with jobs they could not do. | You are valuable the minute you start working as an entrepreneur. By definition, you identify a product or service that is needed in the global marketplace and you deliver it to waiting consumers. That’s adding value from day one and you are recognized by the global consumer marketplace in the form of the dollars they pay you. |
| 2. Lack of proper tools, information, equipment or operational requirements to do the job | Yep if you work for a company where every request is a ten-page requisition form it’s hard to get anything done. Then you’re the problem because you did not get anything done. | As an entrepreneur, you start out by building efficiency into your processes from day one. Because you probably start with limited funds, you will look for the best and most productive tools to help you get the job done. You set up and guide the operational processes to ensure the work is complete. |
| 3. No compassion for personal life or outside obligations | Heart-breaking. Missing everything from funerals, to weddings to your child’s baseball game because some manager proclaimed that you “had” to be in the office. The worst feeling that your life is passing you by. | As an entrepreneur, you set the work hours and the days off. Flexibility is the name of the game. You can reschedule anything (after weighing the consequences) and give yourself the time you need for the most important people in your life. |
| 4. Immediate supervisor is a tyrant, unqualified or both | Yep, I’ve met them all. They are so evil we will not speak their names. | Entrepreneurs have no immediate supervisor – problem solved. Just remember though as you grow your business and people report to you, do not be like the people you ran away from when you had the chance. |
| 5. Lying | This is shock for people who are just starting out. At every level, people will lie. They will lie about getting the job done, they will lie about results, and most importantly they will lie to you about your value or worth to the company. | Entrepreneurs have all the company information in front of them. You know your own processes, revenue numbers and resource needs. Sure people you deal with may lie (people get ripped off all the time) but you at least can run your business with honesty and integrity. |
| 6. Lack of transparency, visibility and confidence in leadership | Middle managers assume the senior executives have no idea what they’re doing. They see decisions made that destroy whole divisions of a company and no one cares. They also see a lack of decision-making that will limit the company in the future. | As an entrepreneur running your own business. You will plan for your future. Your goal is to build and grow your business to increase revenue and secure a long-term future. You will have the vision and the ideas that will ensure the company is viable. |
| 7. Office politics | Strategizing, manipulation, more lying, back-stabbing – it’s all about getting ahead of the next guy. | When you build your company, set-up the human organizational structure to suit your vision. Make roles and responsibilities clear and give people incentives and opportunities. You can cut down on office politics if you provide people with a reason to feel secure. |
| 8. Underpaid and overworked | Job requirements change, but organizations are slow to recognize those changes on employees. As the company becomes more (or less) successful, you end up doing more work for what works out to be less money per task (or hour). | As an entrepreneur, you will almost certainly be underpaid and overworked to begin with (surprise). You’ll be doing everything yourself and have no income. But you’ll be able to measure exactly when that tide starts to turn. As revenue rolls in, you get the enviable task of raising your pay and lowering your workload to match your company’s success. In other words, it’s the opposite of working for an organization. |
| 9. No progress with projects | People love busy work. Everyone needs to justify their existence so the longer a project drifts along with no outcome, the better it is for everyone who is doing it. Except you – who saw it could have been finished in one day. | As an entrepreneur, you will not only set the projects but the deadlines too. Everything is goal-oriented and requires specific outcomes. You cannot afford to drift or play. You need resolutions and then the ability to move on to the next item. |
| 10. Fear and paranoia | People are afraid to say what they really want to say out of fear of getting into trouble and being disciplined or fired. | You set the tone for your business culture. When starting out as an entrepreneur there’s no one to talk to so you shouldn’t get into too much trouble. As your business grows, you can encourage people to be contributors to constructive conversation and create a safe but satisfactory work environment. |
Do these reasons and experiences sound familiar to you? Do you see how entrepreneurship provides an answer to these daily workplace woes? In a 2005 Gallup poll, 57% of Americans prefer to start their own business rather than working for someone else. You can clearly see why.
Working for an organization can put a strain on your physical, mental and emotional health, while limiting your professional and social prospects. You could be limited in reaching your potential and fulfilling your personal dreams. In 2017 Gallup found that 70% of Americans were not engaged with their work. In other words – they hate their jobs.
Now of course, there are people who love their corporate jobs. Every year we are told about the best companies to work for, these types of companies are celebrated. But you know whenever something is celebrated, you know it’s rare.
If the vast majority of people hate their current work and want to start their own business, and the global marketplace is changing rapidly and using technology and globalization to completely disrupt traditional workplaces then maybe it’s time for more people to go into business for themselves.
If you work for yourself, you can address all of those issues on your own time and with your own effort. Entrepreneurship will not be easy. You could end up lonely and struggling as you try to make your business work. But if you stick with it, you are more often than not in a great position to provide yourself with a lasting entity that provides value to a global marketplace just looking for your talent.
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