Go Work in Corporate? Entrepreneurship? Say What?! But That’s Too Hard!

I have always been surrounded by entrepreneurs. My brother started his own company in South Africa when he was in his teens and has gone on to be extremely successful here in the States. While I was growing up my dad built a huge real estate business and later went on to start 2 of his own companies. Entrepreneurship has always been something that made sense to me.

Society has become extremely structured especially in terms of the path that younger generations have to take (its not all by choice): Pre-School -> Elementary School -> Middle School -> High School -> College -> Corporate Job. Easy right? Yes, it has become too easy. Some may argue differently given the financial crisis and its impact on the job market but that’s a completely separate debate. Others could point to college dropouts like Mr. Zuckerberg but his case is not the norm, as many still prefer to follow the path of least resistance. Following this path gives you comfort: a decent salary, benefits, 9-5, 401K, vacation time, lunch breaks, coffee breaks…you get it. Others may argue that we are seeing a lot of entrepreneurs break into the market right now. Yes we are, but the majority are in tech/consumer web space (which is great!). We need to break this cycle and make people uncomfortable again. We need to create a population of entrepreneurs spanning all industries. I want to see more green/clean energy, medical, health, and consumer product entrepreneurs that bring new and exciting products to the market on a daily basis. Government bailouts and QE (Quantitive Easing) are not going to drive innovation and the economy for a long period of time. This kind of stimulus will only take us so far and we can’t keep looking to Obama and Bernanke to solve all of our problems.

Don’t get me wrong. I am not saying that I hate corporate America and Finance. I wouldn’t be there if I did. My argument is that if we are going to turn things around with the economy (domestically and globally) we need to re-establish that entrepreneurial spirit that drives innovation and creation. Bill Gates and Steve Jobs should be considered 2 of the most important innovators of our time. They could have easily gone on to work at other corporations after high school/college. However, they both created 2 of the largest companies in the world along with hundreds of thousands of jobs, created new markets and economies (apps, software, mobile), and they have driven innovation in our every day lives.

At the end of the day, I am simply saying that we need to break the cycle of being too comfortable and doing everything the easy way. We need more individuals who are willing to take risks and build the next biggest thing. Not only do they create wealth for themselves, but they also introduce innovations and new products that change industries, create jobs, and drive economies.  I work with plenty of people who at the end of the day, are not self-fulfilled but are comfortable. We have become too risk-averse and we need to make the path of least resistance entrepreneurship.

Drop your thoughts in the comments!

Advertisements

2 thoughts on “Go Work in Corporate? Entrepreneurship? Say What?! But That’s Too Hard!

  1. Brendan Nash-Beresford says:

    A choice that many have to make, and yet very few do. Personally I grew up in an entrepreneurial family similar to yourself, I have often wondered if being an entreprenuer is not hereditary. I agree that we need to have more entrepreneurs venturing into emerging industries.

    Here in South Africa this would be ideal. With entrepreneurs venturing into new industries we will not only increase the well being of the economy but hopefully there will be new role models that will emerge for the youth of the country to apsire to.

    I think that there should be a follow on from the choice that you posed in this article – once you have decided to go the entrepreneurial route, what business do you pursue. What do you think?

    1. Brendan, howizit bru? Always great connecting with another Saffa. I completely agree, and I have actually made the jump…today is my last day at my corporate job. I will be posting a follow up to this post on Monday.

      Feel free to get in touch!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s