

Discover more from Scott’s Daily Blog
The Golden Cage: Entrepreneurship's Unexpected Trap
Ever hear of the golden cage? It's shiny, attractive, and looks like success. But before you know it, you're trapped inside, a prisoner in your own creation.
So many entrepreneurs set out to build a business. They dream of freedom, control, and the thrill of creating something from nothing. But in the process, they end up building themselves a job.
You see, a business provides a service or product, generates revenue, and operates with or without the owner. A job, on the other hand, stops the moment you do.
Most entrepreneurs don't set out to create a job. But they do.
They micromanage. They involve themselves in every decision. They create systems that rely heavily on them. They are the business.
And that's where the golden cage snaps shut.
They're not just the CEO, they're also the accountant, the marketer, the customer service rep, and everything in between. They're working 80 hours a week, stressed, overworked, and trapped.
Sound familiar?
Here's the thing: This isn't entrepreneurship. It's self-employment. And while there's nothing wrong with self-employment, it's not the same as owning a business.
So, how do you escape the golden cage?
First, recognize the trap.
Are you spending more time working IN your business than ON it? If the answer is yes, you're in a job, not a business.
Next, delegate.
Effective delegation is not about handing off tasks you don't want to do. It's about empowering others to take responsibility. It's about trust.
Then, create systems.
Systems allow your business to operate independently. They make the business predictable, scalable, and less dependent on you.
Finally, step back.
Let go of the reins. It's scary, I know. But it's necessary. You can't grow if you're always in the weeds.
Remember, the goal isn't to work yourself out of a job. It's to work yourself into a position where you're doing what you love, what you're good at, and what delivers the most value.
Entrepreneurship is a journey. It's full of traps and challenges. But it's also full of opportunities. Don't build yourself a job. Build a business. And set yourself free from the golden cage.