Self-Employment: Ownership Is Not Freedom
4 hours ago
- #self-employment
- #economic-independence
- #ownership
- Self-employment is about ownership, not just freedom, encompassing risk, uncertainty, and full responsibility.
- The psychological shift required for self-employment involves abandoning societal assumptions about effort, credentials, and security.
- Ownership demands a long-term perspective, where progress is measured in years, not immediate rewards.
- Self-employment can be lonely and unglamorous, with much of the work involving repetitive tasks and operational fixes.
- Feedback in self-employment is direct and unforgiving, tied to value delivered, not intentions or effort.
- Ownership cannot be delegated; it requires making decisions and absorbing consequences, highlighting the importance of structure over cleverness.
- Current economic adjustments are exposing work that drifted from value creation to coordination and signaling.
- Ownership offers rare rewards like alignment between effort and outcome, compounding skills, and social capital built through accountability.
- The essay concludes that ownership provides clarity, not freedom, by forcing a recalibration of what progress and success mean.