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Founded by Rich Bendis

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Many people dream of quitting their day job and joining the ranks of the self-employed; but according to a 2016 Kauffman Foundation Study, only 6 percent of Americans actuallly own their own business.

Related: 8 Differences Between 'Entrepreneurs' and 'Employees'

Of those who aren’t business owners, some have tried and failed, while others are employees who have never ventured further than the boundaries of their job description. Taking the leap into the world of entrepreneurship takes guts, but success lies in understanding the key differences between being an employee vs. being an entrepreneur.