We all know that to be alpha means you are at the top giving orders, leading and following your vision. Betas take orders, follow and are recruited to further the vision of better men. So firstly my credentials then I will commence to lecture you all on why you should have a plan to become self employed. I am a qualified lawyer, put myself through university. My first position as a middle manager was in my early 20s. I had a team of 6 people underneath me, all but one of them (the mail girl) was older than me. Later I practised law and subsequently managed a small family company. Then in my late 20s I realised that I had to become self employed. Started small then started making good money and within 3 years I had 8 staff, 3 major clients and I was earning 6 figures. Since then I have rolled out several new companies and my annual turnover is now in the millions (I am around 50, give or take a few years). My clients are the public, professionals and owners of medium enterprises.

I think that all red pill men should be self employed, have an equity share of any business they work in, or be making plans for self employment. Let me set out a few reasons why. Firstly you do it for self respect and for the respect of others. I have a had a lot of direct reports and employees over the years and a few business partners. The only people who I defer to are partners or other business owners, as they are the only ones who have any power to affect my business. I cherish good employees, but they come and go and they are always replaceable. Employees only ever have half of my attention and respect in the business world, whether they work for me or someone else. In a social setting or talking about family, books or anything else they have all of my respect, but in business, they really only have half of my respect and attention. Ask yourself this, is this the way your boss listens when you talk? Do you have all of their attention and respect or are they simply listening to your idea to see whether or not they veto it? Do you fear or respect someone who has no power at all over you? No one vetos my ideas in business, what I say goes because I am the alpha. I like this, it is good to be the king.

Secondly, it’s all about the money. All of the people I know who are making real money (above $250K per annum), are self employed, have equity or are partners. ALL of them. I know plenty of employees who are earning 6 figures and they use their salary to invest or expand their capital base, but none of these guys are doing as well as the self employed guys. A quick example, 35 year old employee makes 120K per annum, 35 year old self employed guy makes 90K per annum. Who is better off?Nearly always it is self employed guy because he has a business (or a stake in a business) which can be sold. He works 5 years at the lesser salary but sells his business or his stake for more than the difference between the two in salary. That is not to say all self employed guys are rich, clearly they are not, but ALL of the top earners are self employed, have an equity stake in their business or are partners. Very few guys start to make real money before they hit their late 30s so it is important to have a plan and get to work.

Thirdly it is the flexibility and freedom. The standing joke is that when you are self employed you can work whichever 80 hours a week you want. This may be true at first but you either find your groove quickly or you fail. Once you find your groove you delegate and then start making money from the work of others. You can make your own hours and work from wherever you choose. If you don’t want to be in the office/ worksite then you hire a manager to do that for you. For many years I have only worked as many hours per week as I choose. Of course issues will arise which require more of my time and attention but I generally only work as much as I choose. Delegating is the key to freedom. Get good at something, establish revenue streams then hire competent staff. Then you can do whatever else you want.

There are plenty of other reasons to make plans for self employment but the last one I will mention is not so obvious. You should do it to see if you can cut it. You will never know if you never try. Even if you fail, so long as you exit early enough and go back to a job then the harm should be minimal. Maybe you make less than you anticipated, so long as your exit strategy is sound and you do not overcommit then you fall back into a job. Why wonder all of your life, or not have the courage to try? I can’t be bothered making any more posts on status or money in TRP or MRP, it is too exhausting. So if anybody has any thoughts or questions, shoot.