Are you stuck in the rat race? how to escape the rat race through entrepreneurship.

A friend recently berated me because I declined to go out on a Saturday night. “Are you crazy? It’s Saturday night, he wailed but for me every day is Saturday, because I have not sold off  Monday through Friday.

Life’s is short. Do you want to spend 40 hours a week for thirty to forty years working? Would you rather spend time with friends and family? Don’t you which you can pursue your passion? Or create something meaningful? Maybe you want to spend you life helping others. Having job can make your life more meaningful- it gives reasons to wake out of bed in the morning. But won’t it be nice if you could choose when to work and when to play.

About 99% of the world population is either poor or middle-class. And so that means a sweeping part of the world wants to escape the rat race. They’re stuck in. Imagine getting paid every two weeks yet you never have enough money to cover all expenses. Then you wake up one day and realize you’ve spent a decade (or more) working a job you loathe, for a boss who doesn’t care about you, and for money you may or may not really need. Your mortgage or rent takes up over a third of your salary. Plus property taxes and then throw in some life challenge in the way: birthday parties, weddings, job loss, taxes etc. And because of this some of your salary doesn’t even end up with you because it’s deducted right away.

The rat race is an exhausting weekly routine of trading your time for money your entire working life.

Violinist in Washington DC train station.

In 2007 on a cold January morning a violinist stationed himself in a Washington, DC, train station and played six classical pieces from bach. Except this was no ordinary violin. This was an incognito Joshua bell, one of the greatest musicals in the world, who night earlier had played his $3.5 million violin. in the mist of the morning commuter rush, approximately 2,000 people pass through the station, most of them on their way to work.

He played continuously for 45 minutes only six people stopped to listen briefly, No crowd formed. About 20 folks gave money but continued onward at a brisk pace. When he finished, there was silence except for the rhythmic hustle of a busy train station. No applause, no crowd, no recognition.

This experiment, conducted by the Washington Post, uncovers something incredibly powerful and disturbing. Not even the greatest musician in the world can illuminate the blinding depths of the rat race, and those entrenched by it’s indifference.

What is the rat race.

The term “rat race” first come into colloquial use back in the 1930s to describe any exhausting and usually competitive activity or routine, especially a pressured urban life spend trying to get ahead with little time left for leisure contemplation.

Essentially, the rat race applied to anyone who felt stuck in a financial grind and frustrated with no time for their own want and hobbies. This phenomenon applies more particularly to professionals working in urban cities, whether industrial or white collar.

Understanding the root cause why people run the rat race.

It seems people study half their life to earn a degree in order to land a high paying job and them think their struggles have ended, for many, the battle’s just started at that point. Human nature always seems to lead us to want better things. The more money a person makes, the more he or she feels justified in speeding. That primary mindset of earning more money to sustain an ever increasing extravagant lifestyle if you drive a hatch right now, sooner than later, you feel you deserve better, perhaps even a luxury vehicle.

And soon, the person feels ocked in a vicious circle of earning more spending more. Loans, high monthly loan payments, and personal liabilities kill the living force inside the person and soon, the person lands in another conflict-existential crisis.

The main problem lies in the possibility that many or even most of your friends, neighbors, and co-workers may only consider you a successful person if your material possessions reflect extravagance and luxury.

Such thoughts push you to achieve more (which can even fees selfless and amazing) but has a result, you slog unbelievable hours at a job you might hate from the bottom of your heart. Would anyone find these satisfactory? Nope, we’ll all find them unwanted, unnecessary and pointless.

Getting out the rat race: what is it.

CEO just brought a new Lamborghini that may cost more than your house. And he’s telling you “you have to work hard, bring out your best and be more. So that I can buy my third vacation home. You go to office, feeling exhausted and need to spend the next eight hours making everyone but yourself richer. You are thinking about how you probably shouldn’t have spent $7.04 on the breakfast combo from McDonald’s by 11 am.

Money making is not tough but it is not simple as well. But it is possible to make money on your own. For the people in the rat race, giving 40 hours of their life is enough to get a pay check at the end of the month. We believe this because we have been told to live like this. Nobody told us we can me money from anything.

Why did you want to escape the rat race.

What’s the most irritating thing about being in the rat race? Is it the low pay? Maybe it’s having a boss? Or you want to leave toxic corporate environment? When choosing a why you need to make sure it’s burning the fire in you? The biggest life changes happen when you’re ragging mad.

Overcoming your fear that keeping you trap in the rat race.

Ever since we’re little kid’s we were told to find a good job and work harder than our co-workers so that we can have a stable life. The problem with this is that no matter how good you work, you can still lose that job in a blink of an eye. The era we’re living in showed us that.

Fear usually comes when we don’t understand something. It’s natural reaction humans have towards the unknown.

And when you have a nice and secure job, your biggest fear is losing that job because you know. That when the job is gone your cash flow to stuff the bills also go with it.

So you need to ask yourself: an I afraid of being a business owner or am i afraid of just being an employee? Both of these fears are valid, but only one will lead you to escape the rat race.

Escaping the rat race through entrepreneurship.

If you look at the Forbes 400 list of the richest people in America, one thing should stand out; most built their wealth through entrepreneurship.

And even if you have no aspirations to build the next Amazon or Google (I certainly don’t), building a business is a realistic way to break out of the 9-5 grind.

Most of the time entrepreneurship seemed to be over complicated. But let me try to bring it down.

Starting a business is a way to work on something you care about. Bringing an idea into the world is exciting and rewarding in a way that collecting stocks dividend payment just isn’t.

One of the biggest fears that people who start their own business have is the risk of failure. And it’s not an unrealistic fear. As a matter of fact, more than 50 percent of small Enterprise’s fail in the very first year, and more than 95 percent of small startups fail first five years.

Now this statistics shouldn’t discourage you from starting your own business. Infact, it should do the opposite. By knowing why and how the majority of small businesses fail within their first year, you can plan a business strategy to overcome potential risks that might come your way.

The primary reason business fail.

The primary reason that new business fail is because of a lack of market demand. So one thing you should be sure about before you start your business is the need for what you’re offering to customers.

And also many new business fail because they run out of cash. Statistics show that most new businesses reportedly failed because of lack of finance. Other causes for failure of startups include not being able to find right team and work with.


My last words.

A good business idea won’t take you that far without the ability to sell. Those who pair their best idea with a sales and marketing skill will be able to escape the rat race once and for all.

6 comments

  1. Godfrey, I remember the violinist story. We get too caught up in things. Ironically, what the working from home movement did not realize (long before COVID-19) is people who work for home do not turn their day off like others do. So, they put in far more hours doing work. So, the rat race has them working twelve hour days instead of nine or so.

    As a retired consultant and manager, I used to tell job candidates our job is more than an eight hour a day job, but if you let it, it can be a twelve hour a day one. Don’t let that happen. Keith

    Liked by 1 person

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