Escaping the Self Employment Trap: The 5 Secrets To More Time, Money And Freedom

By Victor Cheng

Book Overview

Escape the Grind. Reclaim Your Freedom.

You started your business to gain freedom.
So why does it feel like you're working harder than ever?

Most entrepreneurs leave the 9-to-5 only to end up trapped in a 7-to-7. They've escaped employment-but not self-employment. They've built a job, not a business.

If you feel like your business owns you instead of the other way around, this book shows you the path out.

Escaping the Self-Employment Trap reveals how to transform your business from a stressful, never-ending job into a self-sustaining, profitable company that runs smoothly-without depending on you for every little thing.

Discover the 5 Steps to True Entrepreneurial Freedom

Business strategist and former McKinsey consultant Victor Cheng has spent decades helping small-business owners and consultants build companies that run without them. In this concise and practical book, he distills that experience into five essential steps-the few actions that make every other problem easier or irrelevant.

You'll learn how to:

Build systems and processes so daily operations run smoothly even when you're not thereDelegate effectively without micromanaging-or watching quality dropCreate predictable cash flow and scalable revenue streamsDesign a business that supports your ideal lifestyle, not one that consumes itRegain time, focus, and peace of mind while your business grows

Why Most Entrepreneurs Stay Stuck

Millions of business owners fall into the Self-Employment Trap-doing ten jobs at once, chasing clients, juggling employees, and putting out fires. They left the rat race only to find themselves in a different kind of cage: one they built themselves.

This book doesn't give you 5,000 random tactics. It gives you the only five things that truly matter-the strategic foundations that separate business owners who achieve freedom from those who stay trapped working for their own company.

When you master these five, the rest begins to take care of itself.

Real Freedom Is a Business That Runs Without You

Imagine waking up knowing your business is running smoothly, your team is handling operations, and your income no longer depends on how many hours you personally work.

That's the transformation Escaping the Self-Employment Trap delivers-a blueprint for shifting from overwhelmed operator to empowered owner.

You'll also discover how to:

Stop trading time for moneyMove from self-employed to business ownerBuild systems that scaleLead instead of manageEnjoy the freedom and flexibility you originally set out to achieve

Take Back Control-Starting Today

This isn't theory. It's a proven system that has helped entrepreneurs across industries-consultants, freelancers, designers, agency owners, and service professionals-free themselves from their business and finally live life on their terms.

If you're tired of working harder for less freedom...
If you've realized your business has become your boss...
If you want to reclaim your time, profits, and peace of mind...

Then it's time to escape the self-employment trap once and for all.

Stop being your company's hardest-working employee. Start being its most valuable owner.

• Format: Paperback
• Language: English
• ISBN: 0976462443
• ISBN13: 9780976462446
• Release Date: May 2007
• Publisher: Innovation Press
• Length: 250 Pages
• Weight: 0.80 lbs.
• Dimensions: 0.6" x 5.5" x 8.5"

Customer Reviews

Must-read masterpiece

"Escaping The Self Employment Trap" is another masterpiece from Victor Cheng, whose insights continue to surpasses even this jaded reader who had read many books on the matter as well as in general. While it's easy to categorize it as a street-smart, "in-the-trenches" type of book with actual, real-world advice examples (which would have even been enough), but it goes beyond that to discuss the theory and reasoning to show you why the concepts and ideas work, thereby completing the power you can derive from this masterpiece. Cheng provides the 5 "secrets" (or steps, if you will, noting that these are ideally applied in sequence) to work ON your business instead of IN it. But there's more. There may be some books that share the concepts (notably E-Myth Revisited, or Robert Kiyosaki's books, among others), but this stands on its own, to complement but also provide unique insights beyond what the other books provide, and espouses the importance of how to escape the trap that hits many small businesspeople, and then provides you with not just a way out of it, but shows you the way to jump-start your way out of that purgatory of frustrated, burnt-out self-employment, and permanently as well as sustainably become a true, free, lifestyle entrepreneur, which is what is likely the reason you got into business for yourself in the first place. There are concepts, ideas and theories, but also specific examples, ideas, tips and techniques, while giving you concrete examples on how to actually work out the processes that serve as the foundation for growth, and that make this book something you'll wish you read years ago, but which you can only be too happy to be reading now.