Skip to content
  • About
  • Contact
  • Contribute
  • Book
  • Careers
  • Podcast
  • Recommended
  • Speaking
  • All
  • Physician
  • Practice
  • Policy
  • Finance
  • Conditions
  • .edu
  • Patient
  • Meds
  • Tech
  • Social
  • Video
    • All
    • Physician
    • Practice
    • Policy
    • Finance
    • Conditions
    • .edu
    • Patient
    • Meds
    • Tech
    • Social
    • Video
    • About
    • Contact
    • Contribute
    • Book
    • Careers
    • Podcast
    • Recommended
    • Speaking

Doctors: Are you employees, business owners or entrepreneurs?

Pamela Wible, MD
Physician
August 17, 2017
Share
Tweet
Share

Hate your job? You may be in the right profession, but the wrong position for your personality. Want to love your life and career? Step one: discover whether you are an employee, a business owner or an entrepreneur.

Here’s how to figure it out:

Employees are risk averse and like to know the rules. They thrive on structure and predictability. They need clear instructions and direction. Employees play it safe, and they value job security. Knowledge base is narrow. Motivation may vary from low to high, and they’re good at saying yes to the boss. Employees dislike failure, and many require praise to remain motivated. They tend to enjoy the social atmosphere at work. Employees are generally oriented toward self and family. A common phrase from an employee is: “Thank God it’s Friday!”

Employees watch the clock. If they work nine to five, they show up at nine and at 4:59 p.m., they’re heading toward the door. Employees love holidays and vacations because they get time off to hang out with family and friends. They know how to relax.

Business owners are risk tolerant and have a healthy respect for rules. They enjoy structure and predictability. Knowledge base is narrow. Motivation is higher than employees. Business owners are good with boundaries and can say no when necessary. Orientation is toward serving the community. Business owners are calculated, steady and goal oriented. They choose a known or existing product or service like a hair salon or medical clinic (versus a completely new and innovative product or service like a flying golf cart). Business owners can, therefore, predict and manage risks. Business owners are often sentimental and attached to their business. They often launch their business because they’re tired of having a boss. They desire more autonomy and creativity so they can control their lives and improve the product or service they deliver. Business owners may or may not care about making a lot more money than an employee, though they must be profit-driven to remain solvent.

Entrepreneurs love taking crazy and unknown risks. They hate rules, structure and predictability — and may become easily bored in a routine or “rut.” They are highly self-motivated. Knowledge base is wide, and they know how to set boundaries (great at saying no). Entrepreneurs have a global orientation and may be heard saying things such as, “I will change the world.” Entrepreneurs seem a little crazy, so family and friends worry about them. They are visionary and may be thinking decades ahead of what most people are thinking. Their plans may or may not come to fruition in their lifetime, yet they feel invincible. They obsess and hyper-focus and are great at monotasking. They’re relentless and can tolerate being lonely and misunderstood. Entrepreneurs are often working on a completely novel product or service — an innovation.

Entrepreneurs embrace failure because they are learning something new and fun. Entrepreneurs are motivated by desire and not fear. [Note: 90 percent of people are motivated primarily by fear]. Entrepreneurs tend to accomplish a lot yet they are not perfectionists (because that would just slow them down). They’re passion-driven more than profit-driven. Some don’t even care about money. Entrepreneurs love holidays so they can be alone while their family and friends go off to picnics and parties. They love working!

Does any of this sound familiar? Are you starting to recognize where you fit in? Please realize there’s a continuum between all three categories. Maybe you’re a “rebellious employee” or a “cautious entrepreneur.” What do you think?

In summary, if you are an employee by nature then you probably shouldn’t quit your day job and start your own business. Meanwhile, an entrepreneur would suck as an employee and would likely be written up for being disruptive. I’ve narrowly escaped this hundreds of times. I wish someone would have helped me understand that I’m an entrepreneur and not some oddball earlier in my life. Would have saved me (and my employers) a lot of frustration! Shouldn’t they teach this stuff in high school?

Pamela Wible pioneered the community-designed ideal medical clinic and blogs at Ideal Medical Care. She is the author of Physician Suicide Letters — Answered and Pet Goats and Pap Smears. Watch her TEDx talk, How to Get Naked with Your Doctor. She hosts the physician retreat, Live Your Dream, to help her colleagues heal from grief and reclaim their lives and careers.

Image credit: Pamela Wible

Prev

PTSD can happen at the end of life

August 17, 2017 Kevin 1
…
Next

7 ways to combat compassion fatigue

August 17, 2017 Kevin 0
…

Tagged as: Primary Care

Post navigation

< Previous Post
PTSD can happen at the end of life
Next Post >
7 ways to combat compassion fatigue

ADVERTISEMENT

More by Pamela Wible, MD

  • When health care professionals lose everything

    Pamela Wible, MD
  • Surgeon suicides: Unveiling a silent crisis

    Pamela Wible, MD
  • 13 tips for depressed doctors who need confidential mental health care

    Pamela Wible, MD

Related Posts

  • Why do doctors who hate being doctors still practice?

    Kristin Puhl, MD
  • Doctors: It’s time to unionize

    Thomas D. Guastavino, MD
  • Doctors die. But the good ones leave a legacy.

    Jaime B. Gerber, MD
  • When doctors are right

    Sophia Zilber
  • We’re doctors. We signed the book.

    Jonathan Peters, MD
  • Why doctors-in-training need better nutritional education

    Abeer Arain, MD, MPH

More in Physician

  • The geometry of communication in medicine

    Patrick Hudson, MD
  • Why I became a pediatrician: a doctor’s story

    Jamie S. Hutton, MD
  • Is trauma surgery a dying field?

    Farshad Farnejad, MD
  • Why we fund unproven autism therapies

    Ronald L. Lindsay, MD
  • How your past shapes the way you lead

    Brooke Buckley, MD, MBA
  • How private equity harms community hospitals

    Ruth E. Weissberger, MD
  • Most Popular

  • Past Week

    • Direct primary care in low-income markets

      Dana Y. Lujan, MBA | Policy
    • The geometry of communication in medicine

      Patrick Hudson, MD | Physician
    • Finding your child’s strengths: a new mindset

      Suzanne Goh, MD | Conditions
    • A new vision for modern, humane clinics

      Miguel Villagra, MD | Physician
    • The night of an impalement injury surgery

      Xiang Xie | Conditions
    • Medicine’s silence on RFK Jr. [PODCAST]

      The Podcast by KevinMD | Podcast
  • Past 6 Months

    • Why you should get your Lp(a) tested

      Monzur Morshed, MD and Kaysan Morshed | Conditions
    • Rebuilding the backbone of health care [PODCAST]

      The Podcast by KevinMD | Podcast
    • The dismantling of public health infrastructure

      Ronald L. Lindsay, MD | Physician
    • The flaw in the ACA’s physician ownership ban

      Luis Tumialán, MD | Policy
    • The difference between a doctor and a physician

      Mick Connors, MD | Physician
    • Silicon Valley’s primary care doctor shortage

      George F. Smith, MD | Physician
  • Recent Posts

    • The geometry of communication in medicine

      Patrick Hudson, MD | Physician
    • Why I became a pediatrician: a doctor’s story

      Jamie S. Hutton, MD | Physician
    • Why toys matter in the exam room

      Diego R. Hijano, MD | Conditions
    • Why bad math (not ideology) is killing DPC clinics [PODCAST]

      The Podcast by KevinMD | Podcast
    • Glioblastoma immunotherapy trial: a new breakthrough

      Hoag Memorial Hospital Presbyterian | Conditions
    • Did the CDC just dismantle vaccine safety clarity?

      Ronald L. Lindsay, MD | Policy

Subscribe to KevinMD and never miss a story!

Get free updates delivered free to your inbox.


Find jobs at
Careers by KevinMD.com

Search thousands of physician, PA, NP, and CRNA jobs now.

Learn more

Leave a Comment

Founded in 2004 by Kevin Pho, MD, KevinMD.com is the web’s leading platform where physicians, advanced practitioners, nurses, medical students, and patients share their insight and tell their stories.

Social

  • Like on Facebook
  • Follow on Twitter
  • Connect on Linkedin
  • Subscribe on Youtube
  • Instagram

ADVERTISEMENT

ADVERTISEMENT

  • Most Popular

  • Past Week

    • Direct primary care in low-income markets

      Dana Y. Lujan, MBA | Policy
    • The geometry of communication in medicine

      Patrick Hudson, MD | Physician
    • Finding your child’s strengths: a new mindset

      Suzanne Goh, MD | Conditions
    • A new vision for modern, humane clinics

      Miguel Villagra, MD | Physician
    • The night of an impalement injury surgery

      Xiang Xie | Conditions
    • Medicine’s silence on RFK Jr. [PODCAST]

      The Podcast by KevinMD | Podcast
  • Past 6 Months

    • Why you should get your Lp(a) tested

      Monzur Morshed, MD and Kaysan Morshed | Conditions
    • Rebuilding the backbone of health care [PODCAST]

      The Podcast by KevinMD | Podcast
    • The dismantling of public health infrastructure

      Ronald L. Lindsay, MD | Physician
    • The flaw in the ACA’s physician ownership ban

      Luis Tumialán, MD | Policy
    • The difference between a doctor and a physician

      Mick Connors, MD | Physician
    • Silicon Valley’s primary care doctor shortage

      George F. Smith, MD | Physician
  • Recent Posts

    • The geometry of communication in medicine

      Patrick Hudson, MD | Physician
    • Why I became a pediatrician: a doctor’s story

      Jamie S. Hutton, MD | Physician
    • Why toys matter in the exam room

      Diego R. Hijano, MD | Conditions
    • Why bad math (not ideology) is killing DPC clinics [PODCAST]

      The Podcast by KevinMD | Podcast
    • Glioblastoma immunotherapy trial: a new breakthrough

      Hoag Memorial Hospital Presbyterian | Conditions
    • Did the CDC just dismantle vaccine safety clarity?

      Ronald L. Lindsay, MD | Policy

MedPage Today Professional

An Everyday Health Property Medpage Today
  • Terms of Use | Disclaimer
  • Privacy Policy
  • DMCA Policy
All Content © KevinMD, LLC
Site by Outthink Group

Leave a Comment

Comments are moderated before they are published. Please read the comment policy.

Loading Comments...