Podcast #251: Be an Entrepreneur Without Quitting Your Day Job
The popular idea of the entrepreneur is that he’s a renegade risk-taker who goes all in with following his passion so that he can get out of the 9-5 rat race.
But what if you enjoy your day job at the office? Or have other reasons for wanting to work for someone else? Heck, maybe you’re a doctor, or firefighter, or teacher and working for someone else is just part of the gig. If you fall into one of these categories, does that mean you’re completely barred from entrepreneurship?
My guest today says “no.”
His name is Patrick McGinnis and he’s the author of the book The 10% Entrepreneur: Live Your Dream Without Quitting Your Day Job. Today on the show, Patrick and I discuss the myths of becoming an entrepreneur — including the one that you have to go all in to be one — and discuss practical ways you can invest just 10% of your time and money into entrepreneurial endeavors. We also talk about the benefits of becoming a 10% entrepreneur, like boosting and diversifying your income streams, as well as becoming more competitive in the traditional job market.
