Most people in the business world are looking for job security. Job security gives people peace of mind. Job security allows the American worker the confidence of a regular paycheck. Job security provides families with a means to a comfortable lifestyle, a home, and food on the table. However, it is this same job security that holds most Americans back in their quest to become self-made millionaires.

The Never-ending Story

The story that is all too familiar in today’s business world is that of the employee who is paid just enough and given just enough benefits, perks, and vacation days to keep him or her content. The average worker may be content, but far from wealthy, and for many this lack of upward mobility can perpetuate a feeling of discontent after they realize that they have hit the glass ceiling in their company, that their dreams of earning a million dollar salary are put to rest. This is a tale of how job security holds the average employee back.

Shoot for the Moon

Studies show that approximately 80 percent of millionaires are self-made and acquire their wealth without the benefit of inheritance, while two-thirds of these millionaires get rich by starting their own business. Although starting a business and becoming self-employed is a far more successful way of becoming a self-made millionaire, many are unwilling to take the risk associated with being self-employed. It is precisely this type of opportunity in which a self-made millionaire wannabe should thrive. An entrepreneur stands to make substantially more profits by owning her own company than simply being a part of a bigger company.

The Full Story

The lesson to be learned is that for anyone who is trying to become a self-made millionaire and is not in a company known for promoting its employees to millionaire status, the best option is to break away from the routine, take a risk, put in the work, and reap the benefits. Those who attempt this should not be discouraged at the first sign of adversity; most self made millionaires agree that they had to endure many failures before hitting upon the winning formula that earned them the wealth they enjoy today.