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.



On a quest to learn what makes great writing. Join me:

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