Entrepreneurship is simply inserting risk between yourself and your profit goals. Having a job is risky enough. I heard Mark Cuban say having a job is like being self-employed with one client. I loved that, but back to the risk. If risk is between yourself and your profit goal, then surely the most pure form of individual entrepreneurship is being a commission-only sales person. Real estate has long been a highly sought out commission-only sales opportunity, and it is probably followed by “Financial Services.”
Boy, do I hate the term “Financial Services.” Everyone thinks of financial advisor, banker and life insurance at best. No one thinks of health insurance and Medicare, meanwhile businesses have stood up seemingly overnight to distribute massive amounts of health insurance and create billion dollar empires.