Job shaming is nothing new for DUALpreneurs (entrepreneurs who also have full-time or part-time jobs). In fact, they are use to being demonized by full-time entrepreneurs who accuse them of not being real entrepreneurs because they are working for “the Man,” and by their family and friends that don’t believe in or support their entrepreneurial ventures.
Although many believe that suffering is apart of being an entrepreneur, DUALpreneurs think differently. They understand the power of having a “dual-engine” income. Like passenger planes are dual-engine airplanes; they can safely operate and fly with only one engine, the second engine provides more power as well as a fail-safe in the event one engine loses power. Having a “dual-engine” income, also known as multiple streams of income, provides the same backup. This back up (or fail-safe) income, whether it is the income from a side hustle or from a full-time job, will ensure financial stability.
DUALpreneurs use the income from their full-time or part-time job to pay bills, ensure their families have the basic needs, require health benefits, want to save for retirement, and maybe maintain, salvage or rebuild their credit. Their employer is actually their “corporate sponsor” that helps sustain their standard of living so they can focus on building, investing and reinvesting into their passion or business venture. They keep their jobs and don’t stress out about their side business. They choose not to “Eat the Seeds.”
“Eating the seeds” is common with struggling entrepreneurs because whatever income is received from the business, it must go towards paying the bills. If the full-time entrepreneur is not making enough money from their business, they may be forced to eat the seeds that should be planting into their business. In other words, they may be forces to use the lion-share of revenue generated to pay household expenses instead of investing and reinvesting those resources back into the business. Reinvestment is necessary for healthy growth of their business. This may be why many new entrepreneurs fail.
Again, DUALpreneurs think differently! Whether they are a professional who loves to cook and share recipes, like AC Price of AC Art of Food; a bank manager who is also a network marketer who loves to sell lotions, potions and pills; a consultant who is also an international speaker. like me; or a Trader Joe’s employee who is awesome actor, like Geoffrey Owens; they … (WE) know that sometimes the entrepreneur venture income may not meet the required or minimum standard of living. So, we do what we have to do to take care of us and our family. That is why we keep our jobs as our “corporate sponsors.”
Before you decide to quit your job to become a full-time entrepreneur, think of your employer as your “corporate sponsor” or your first “business investor.” Let your employment income take care of your family and sustain their standard of living so you can build your side business income, because …
“Multiple Streams of Bills required Multiple Streams of Income.” – Tarra Jackson
We no longer will tolerate being demonized for being an Entrepreneur with a full-time or part-time job. As brilliant DUALpreneurs, we believe that …
It’s NOT Either Or Anymore! It’s AND!
We can be an Employee AND an Entrepreneur. We can have a full-time or part-time job AND work our entrepreneur ventures. We can keep our benefits AND build our businesses.
By the way, many full-time entrepreneurs have a mental illness called “D.E.N.I.A.L.”
“Don’t Even (K)No(w) I Am Lying.” Later, I will share how this illness almost became the death of my financial stability and me.
Until then, KUDOS to all of the DUALpreneurs making it happen!