A career - as an employee or a business owner which do you prefer and why? - page 11.

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Quote from: Iadegbola34 on January 02, 2023, 01:09:53 PM

Quote from: og kush420 on January 02, 2023, 12:55:10 PM

being a boss is not an easy task - I run a small Airbnb property and I am a detail oriented person.
And took my sweat and blood most of the time to take care of all the task - since I am poor and I have to clear things on my own. But being a boss is not easy.

Being a boss is never an easy alternative to working as an employee. As a boss, you wake up everyday knowing that every decision you make today can make or ruin your business but as an employee your level of commitment is limited. You only have to worry about your input and the pay at the end of the month.

that is correct - but that is how we learn - I am no longer a same liener sweet person I was before and I am proud of it.
I am not more rigid and reserve - thanks to my small business - injected myself with vitamin N - where N stands for NO

Iadegbola34

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Quote from: og kush420 on January 02, 2023, 12:55:10 PM

being a boss is not an easy task - I run a small Airbnb property and I am a detail oriented person.
And took my sweat and blood most of the time to take care of all the task - since I am poor and I have to clear things on my own. But being a boss is not easy.

Being a boss is never an easy alternative to working as an employee. As a boss, you wake up everyday knowing that every decision you make today can make or ruin your business but as an employee your level of commitment is limited. You only have to worry about your input and the pay at the end of the month.

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Quote from: Iroh on January 01, 2023, 10:59:42 PM

Quote from: Iadegbola34 on December 30, 2022, 06:39:55 PM

A lot of people would likely choose to be a boss of their own but the truth is not everyone can run a business. As an employee, you have little decision making to do hence you're not liable to take risks that can make or mar the success of the organisation.
That would serve as advantage for people who have problem deciding when face with the fear that whatever decision they make may bring their whole business down.

Yeah, a whole lot of people would likely choose to be their own boss cause they think it’s a rosy and easy path to becoming successful. Well, it may be a rosy and easy path now, but that wasn’t always the case.
Having and managing a startup is never easy. It takes a whole lot of time, effort and a shitload of capital in order for the startup to actually stay afloat.

Not everyone could successfully start and manage a business as it takes a certain skill to be able to manage a business and people(employees). Knowing that there are bigger and better competitors out there would deter most people not to delve into business.

being a boss is not an easy task - I run a small Airbnb property and I am a detail oriented person.
And took my sweat and blood most of the time to take care of all the task - since I am poor and I have to clear things on my own. But being a boss is not easy.

Iroh

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Quote from: Iadegbola34 on December 30, 2022, 06:39:55 PM

A lot of people would likely choose to be a boss of their own but the truth is not everyone can run a business. As an employee, you have little decision making to do hence you're not liable to take risks that can make or mar the success of the organisation.
That would serve as advantage for people who have problem deciding when face with the fear that whatever decision they make may bring their whole business down.

Yeah, a whole lot of people would likely choose to be their own boss cause they think it’s a rosy and easy path to becoming successful. Well, it may be a rosy and easy path now, but that wasn’t always the case.
Having and managing a startup is never easy. It takes a whole lot of time, effort and a shitload of capital in order for the startup to actually stay afloat.

Not everyone could successfully start and manage a business as it takes a certain skill to be able to manage a business and people(employees). Knowing that there are bigger and better competitors out there would deter most people not to delve into business.

CageMabok

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Quote from: S A KHAIR on December 30, 2022, 07:19:57 PM

Of course, no one wants to work for others, everyone wants to be the boss, but the problem is that they don't have the talent to be a leader, so many people still accept them as employees. Employees or business owners will have their own difficulties, with employees, you will work on the orders of others, you do not have the right to do as you please, but in return you will not have to worry to maintain the company. And for business owners, the problem they face is not small, finding ways to maintain and develop the business is both a problem and a huge pressure.

The business owner or boss, in other words, is just tired of thinking that the business must run smoothly without experiencing any obstacles so that their income increases and they can pay all their employees at the end of the month. Whereas employees only think about their work in a timely manner which is of course different from a boss, so this is where the difference lies and also the pressure on each of them.

If you look at it basically, the boss of a business or entrepreneur who is already successful and has employees also moves from below where he has also been an employee of other people in the past or when he was not yet a boss. So he already knows what it's like to be an employee by continuing to take orders from his superiors so that there are things that might not need to be a burden for employees so that employees can continue to feel comfortable working with him for a long time.

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Quote from: Iadegbola34 on December 30, 2022, 06:39:55 PM

A lot of people will choose to be a boss of their own but the truth is not everyone can run a business. As an employee, you have little decision making to do hence you're not liable to take risks that can make or mar the success of the organisation.
That would serve as advantage for people who have problem deciding when face with the fear that whatever decision they make may bring their whole business down.

To be the boss demands too much responsability and smartness. Not everyone is capable of being the boss when having to make decisions that will impact the future of the business. Few decisive mistakes will completely ruin the business, and it's not that hard to commit them when you don't have enough experience or lack some social skills to deal with the public. For that reason, people still prefer to be employees, because it's simpler, more stable, doesn't demand extra effort, and payments always arrive in the end of the month or the week.

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Well it all depends with one's risk appetite and things like how comfortable you are with the pay... If you like risk then being the business owner will be the right choice and if you don't want to be in the frying pan and taking things on the easy then being an employee is the choice for you but everyone would certainly want to be the business owner as there is more money to be made there, you call the shots and it's pay is unlimited(no cap) unlike being an employee, but unfortunately not all days will be rainy days which means employees go home with a little take home package and you as the boss can survive without a paycheck in some instances if business isn't going well.

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Quote from: S A KHAIR on December 30, 2022, 07:19:57 PM

Of course, no one wants to work for others, everyone wants to be the boss, but the problem is that they don't have the talent to be a leader, so many people still accept them as employees. Employees or business owners will have their own difficulties, with employees, you will work on the orders of others, you do not have the right to do as you please, but in return you will not have to worry to maintain the company. And for business owners, the problem they face is not small, finding ways to maintain and develop the business is both a problem and a huge pressure.

public dealing is one of the most difficult things.
Once you start running your business - you realize that world is so cruel and when you were an employee how you used to work like
Honest people are in demand everywhere but they are hard to find.

og kush420

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Quote from: S A KHAIR on December 30, 2022, 07:19:57 PM

Of course, no one wants to work for others, everyone wants to be the boss, but the problem is that they don't have the talent to be a leader, so many people still accept them as employees. Employees or business owners will have their own difficulties, with employees, you will work on the orders of others, you do not have the right to do as you please, but in return you will not have to worry to maintain the company. And for business owners, the problem they face is not small, finding ways to maintain and develop the business is both a problem and a huge pressure.

whole of my life I worked for other and never. made enough money - then I started doing small businesses - and I didnot earn either.
Because I always spend foolishly and that is why I dont have enough funds - but I am trying to change my habit. but since they are solid by now - I can't help myself.

S A KHAIR

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Of course, no one wants to work for others, everyone wants to be the boss, but the problem is that they don't have the talent to be a leader, so many people still accept them as employees. Employees or business owners will have their own difficulties, with employees, you will work on the orders of others, you do not have the right to do as you please, but in return you will not have to worry to maintain the company. And for business owners, the problem they face is not small, finding ways to maintain and develop the business is both a problem and a huge pressure.

AndySt

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Quote from: Iadegbola34 on December 30, 2022, 06:39:55 PM

A lot of people will choose to be a boss of their own but the truth is not everyone can run a business. As an employee, you have little decision making to do hence you're not liable to take risks that can make or mar the success of the organisation. That would serve as advantage for people who have problem deciding when face with the fear that whatever decision they make may bring their whole business down.

A striking example of these approaches is the fate of Ronald Wayne, who, along with Steve Jobs and Steve Wozniak, was the third co-founder of Apple. He did not want to take risks at the beginning of the company's work and sold his share of it, missing his chance to fabulously get rich then. This path is not strewn with roses, success is achieved by a few and not always purposefulness allows you to achieve this goal. The same Jobs tried to bring Wayne back to the company again, when money was urgently needed, but Wayne was adamant. Therefore, a lot depends on the character.

Iadegbola34

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A lot of people will choose to be a boss of their own but the truth is not everyone can run a business. As an employee, you have little decision making to do hence you're not liable to take risks that can make or mar the success of the organisation.
That would serve as advantage for people who have problem deciding when face with the fear that whatever decision they make may bring their whole business down.

Pamadar

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Quote from: tabas on December 26, 2022, 06:22:12 AM

That's how it should be because you just can't leave your employment if you're just starting out a business. You'll have hard time adjusting when you're trying to pursue your dream of having a business but you're still employed. It's true when you're having a business, you'll not hit success as early as you can so, there's a need to sustain it through other means like from your salary. That's how a business goes and you may try it until you succeed or if you want to quit already and focus on employment instead.

Again, it's the practical way while aiming for a good success. Being employed while working with your own business is not an easy venture
there are many factors that will push you stop.

Choosing between your employment and your start up business will be on the next chapter of your
journey. I mean, you can only choose if you already generate income and you feel that you can
sustain your business.

valeneu

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Everyone wants to be a business owner, make more money doing what they love, and no one needs to control us. But not everyone can be a business owner, which requires financial support and ability. Because not everyone can easily succeed in any investment.

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Quote from: bestcoins1 on December 26, 2022, 06:56:52 AM

Quote from: Theones on December 25, 2022, 12:09:16 PM

after 16 years of working at office and doing 9-5 job - I am now working on my own.
But that is a good experience and it is stressful too - sometime what you earn all goes in to business and my profit is very less - but that is okie

If the profit you get is still small, it means that your task now is to widen your business network more broadly and open branches in different places so that the income input and profits are greater. This certainly requires more energy and thought, but it will definitely be very balanced with the benefits you will get later if the business continues to advance widely.

After all, based on the experience you already have in your 16 years working in other people's offices, you should be managing a larger business with more capital, because your income in the 16 years you have worked is clearly very large. Unless you don't save at all from any salary you earned in the past.

This is a good idea you have mentioned. I never spoke to the people of my contacts because when they say no .. I feel so small and I don't feel like talking to them again . But I will surely try again . . Thank you for your feedback and comment - much appreciated.

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Quote from: Theones on December 25, 2022, 12:09:16 PM

after 16 years of working at office and doing 9-5 job - I am now working on my own.
But that is a good experience and it is stressful too - sometime what you earn all goes in to business and my profit is very less - but that is okie

If the profit you get is still small, it means that your task now is to widen your business network more broadly and open branches in different places so that the income input and profits are greater. This certainly requires more energy and thought, but it will definitely be very balanced with the benefits you will get later if the business continues to advance widely.

After all, based on the experience you already have in your 16 years working in other people's offices, you should be managing a larger business with more capital, because your income in the 16 years you have worked is clearly very large. Unless you don't save at all from any salary you earned in the past.

tabas

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Quote from: Pamadar on December 25, 2022, 06:02:57 PM

Quote from: tabas on December 25, 2022, 04:26:04 PM

I'll do both things too, just to have that security of income being employed while doing any passion around businesses that I might get into venured with.
So, if a business I try to establish fails, that's okay because I'm still employed and will just continue to keep working on it. I've known people that also did both things but when their business succeeded, they've left the corporate world and focused on it and that's what everyone might do when their established business is already stable.

Not a bad idea to start a business while you are still employed. Securing your finances while venturing into your business will help you to explore more. I mean, with your salary, you can sustain your needs while trying to succeed with your business.

There are people who manage to succeed with their own small businesses while still in a corporate
job, making sure that they are secured with all those expenses that needed to be covered while
trying to find the right ideas to establish their business.

That's how it should be because you just can't leave your employment if you're just starting out a business. You'll have hard time adjusting when you're trying to pursue your dream of having a business but you're still employed. It's true when you're having a business, you'll not hit success as early as you can so, there's a need to sustain it through other means like from your salary. That's how a business goes and you may try it until you succeed or if you want to quit already and focus on employment instead.

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Business owner here. I personally couldn't work 9 to 5. Why so? Not very nice experience of working paid jobs. Perhaps I was just unlucky, I worked for the government and for several global corporations but I didn't like any of these jobs. Yes, sometimes you can earn more but it's not worth it IMHO. That's just my POV.

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Quote from: tabas on December 25, 2022, 04:26:04 PM

Quote from: serjent05 on December 25, 2022, 04:13:37 PM

It is always good to be a business owner because it doesn't have any limitation on income but I do not mind going through employment and being an employee if it will strengthen my knowledge in the field of business I am about to venture. Having knowledge about the business is one of the best things to have when we planned to be a business owner. It is also a crucial factor of success in establishing a business and the major reason why many businesses failed is that the owner lacks experience in that field.

I'll do both things too, just to have that security of income being employed while doing any passion around businesses that I might get into venured with.
So, if a business I try to establish fails, that's okay because I'm still employed and will just continue to keep working on it. I've known people that also did both things but when their business succeeded, they've left the corporate world and focused on it and that's what everyone might do when their established business is already stable.

Not a bad idea to start a business while you are still employed. Securing your finances while venturing into your business will help you to explore more. I mean, with your salary, you can sustain your needs while trying to succeed with your business.

There are people who manage to succeed with their own small businesses while still in a corporate
job, making sure that they are secured with all those expenses that needed to be covered while
trying to find the right ideas to establish their business.

Captain Corporate

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As someone who has talked about loving being an employee, a friend reminded me that being an artist is sort of being a business owner. Which is a bit weird, as a true liberal I feel like I like art as much as I can and I write as much as I can as well, which is a difficult task and it has taken be years to perfect which I still haven't, it's really a hard thing to be a writer. I have never realized that, if you assume that you wrote a book, and that book sells thousands of copies, that means you are sort of a business yourself. I am not sure if that is being a business owner, feels like it's not, but it's not an employee either.

So whatever those authors, poets, actors, movie writers, painters, whatever you can consider as art, whatever those "artists" are considered, that is what I would love to be. To have my book on the shelves of most major bookstores, would be dream come true without a doubt, its like the "end goal" for me because even if I can do it just once, then what is left would be just repeating it with another book at best, because nothing would be bigger than that.

Topic: A career - as an employee or a business owner which do you prefer and why? - page 11. (Read 2573 times)