What Can Farm Animals Teach Us About Entrepreneurship?

Undated chicken scratch about working for yourself versus someone else

I came across these old (terribly) hand-written notes this morning.

Transcribed below. Have a wonderful weekend.

Farm vs. Forest? Trade-offs

Livestock and Barn Dog

• Safety: company absorbs cashflow issue

• Predictability: steady checks

• Assurances: you’ll be taken care of (retirement/pension)

-might be slaughtered

-might shift business

-might sell the farm

-might burn down and we’re trapped

Illusion of Importance

“Graveyards are filled with irreplaceable people”

Wolves and Eagles

• What you do depends on the seasons/weather

• See the whole economy

• Can run in a new direction

• Can eat unlimited food or no food

• Can be killed by other business

Weather [economic conditions] effect both [paths], immediate shelter [you’ll get a paycheck near-term] but you don’t own the shelter [they can stop with little warning].