ENGLISH 1111

The Entrepreneur vs. The Salaried-Employee

Bermuda College

Zane Robinson
10/14/2011

Outline Rhetorical Pattern: Contrast Essay Audience: General Public Tone: Analytic Topic: The Entrepreneur vs. The Salaried-Employee Thesis Statement: Although entrepreneurs encounter more stress than the salaried employees, it is more desirable to own ones business than to be a salaried-employee. I. The entrepreneur faces all of the pressure to structure his or her business in a successful way in comparison to the salaried employee. A. The Entrepreneur 1. Maintaining the business. 2. Responsible for employees. 3. Freedom. 4. Quote from Allison Karl OKelly. B. The Salaried Employee 1. Has to arrive at a certain time. 2. Work a set amount of hours, namely 40 hours a week. 3. Work for a boss. II. The working benefits of the entrepreneur are more costly than those of the salaried employee. A. The Entrepreneur 1. Provides their own benefits. 2. Hard pressed. B. The Salaried Employee 1. Benefits are given. 2. Health care benefits 3. Minimum premium that has to be paid out of pay check. III. The operating expenses of the business are in the hands of the entrepreneur and must be handled with extreme caution. A. The Entrepreneur 1. Obtaining a business mind-set. 2. Being in a position to make money. B. The Salaried Employee 1. Not concerned about expenses. 2. Guaranteed pay check.

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Conclusion: Although entrepreneurs encounter more stress than the salaried employees, it is more desirable to own ones business than to be a salariedemployee. Business structure, working benefits, and operating expenses are some of the stressors that entrepreneurs face.

Robinson 1 The Entrepreneur vs. The Salaried-Employee It is safe to say that most people in the working world are salaried employed workers and not entrepreneurs. However, being an entrepreneur is most ideal because most people desire to be their own boss one day. However, there is a significant difference between an entrepreneur and a salaried-employee. An entrepreneur is a person who organizes, operates and assumes the risk for a business venture. Yet, a salaried worker is someone working for another persons business for pay while having a lot of security. Although entrepreneurs encounter more stress than the salaried employees, it is more desirable to own ones business than to be a salaried-employee. Business structure, working benefits, and operating expenses are some of the stressors that entrepreneurs face. The entrepreneur faces all of the pressure to structure his or her business in a successful way in comparison to the salaried employee. For example, if self-employed, one must work harder than ever. Sometimes an entrepreneur may have to put in twelve or fourteen hour days just to maintain the business and start a revenue stream. Moreover, a business owner is responsible for employees, and leads by example. Also, the owner is expected to set the tone, and the employees will function at that set level. Most importantly, business owners value one thing above all- freedom. Having freedom in all of it facets is what drives successful business owners. They do not want to be forced to work for most of their lives, but, instead, work for their own freedom, while being able to spend time with their families, travel to different places, donate to charitable causes, or fulfil any number of other dreams. They decide for whom to work, when to work and how to work. According to Allison Karl OKelly, founder and chief executive officer of Mom Corps:

Robinson 2 I didnt mind working full-time [which I do], but I needed the flexibility to take my children to the doctor or go to school activities without difficulties. I started Mom Corps to meet my own needs for flexibility and provide that luxury to other moms at the same time. Contrary to the entrepreneur, the salaried- employee must arrive to work at a certain time, take lunch at a certain time and go home at the end of the day at a certain time. Similarly, an employee works a set number of hours and then goes home. As an employee, one may not be required to work overtime and will still receive a pay check. Of course, one will have to perform but for the most part, the amount of pressure one faces is not nearly the amount as that faced by a business owner. Lastly, the salaried employee works for a boss. The boss determines when, where, and how one works throughout the course of the day. Moreover, the employee has to ask for days off far in advance if he or she wants to go on vacation. Flexibility and freedom are limited when it comes to a salaried employee. The working benefits of the entrepreneur are more costly than those of the salaried employee. A business owner, particularly, will not have his own health, dental or vision care unless purchased by himself. This can be quite expensive. If the entrepreneur has not started receiving a steady cash flow then he or she will be hard pressed to pay for these benefits. On the other hand, a salaried employee of an organization does not have to worry about benefits because the employer will have it set up, and it is mandatory that the employer provide them with benefits. In this case, a business by law must provide their employees with health care benefits consisting of dental, vision, foot, eye and regular health care. In addition, there will be a minimum monthly or biweekly premium that comes out of the employees pay check; the

Robinson 3 premium pales in comparison to that which is paid by someone who has to provide their own coverage. The operating expenses of the business are in the hands of the entrepreneur and must be handled with extreme caution. To clarify, if one is a self-employed business owner, he or she must think like an owner and begin to look at every single expense. In fact, employers examine every single expense as if that expense can be eliminated. Also, an employer has to always wonder if the business is always going to be in a position to make money to pay employees, meet expenses, and still have savings. Moreover, an employer has to ensure that the business is there with money to make. Sometimes, during hard times, the employer cannot pay himself just to keep the boat afloat. Conversely, the salaried employee is not concerned about the expenses of the business. They are only concerned about their individual salaries. If one is an employee, cutting expenses may not be his or her major concern. All too often, employees will order supplies without thinking about what it is going to cost the employer. Furthermore, an employee does not have to worry about these costs; they just assume that everything will be great, their jobs are secure, and their check is coming at the end of the week. The employee is also guaranteed pay check each week no matter what the status of the business, unless it folds up on extreme measures, that is. Being an entrepreneur is one of the hardest jobs to have. Many people do not realize how much work has to be put into place in order to make a business successful. Male and female business owners put their blood, sweat, and tears into making their business stand on its own two feet and become a multimillion dollar company or organization. Although entrepreneurs encounter more stress than the salaried employees, it is more desirable to own

Robinson 4 ones business than to be a salaried-employee. Business structure, working benefits, and operating expenses are some of the stressors that entrepreneurs face.

Robinson 5 Works Cited Gangemi, Jeffrey. "Million-Dollar Second Acts." BusinessWeek Online (2007): 16. Business Source Complete. EBSCO. Web. 17 Oct. 2011.