The Cost(s) of Doing Business

Costs for self-employed people are way more than money.

  • Time cost — Entrepreneurs never really clock out
  • Emotional cost — Failure happens often. It hurts.
  • Identity cost — Self-employment means redefining yourself.
  • Gratification cost — You must say “no” to a lot of good things.
  • Learning cost — If you don’t like learning, just get a job.
  • Reputation cost — Every day, your name is on the line.

Doing your own thing can be amazing. Just remember you’re risking more valuable assets than money.

Written by

An optimist who writes.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store