Topic: A career - as an employee or a business owner which do you prefer and why? - page 15. (Read 2527 times)

OP go and read the 4 Quadrants by Robert Kiyosaki in Cashflow Quadrants, there you will see everything you need to know. In the income plan of individuals, there are four elements and every individual are involved in one or the other. And these four elements are E, B, S and I. Look at the easy explanation of from the diagram.

and also use the link below to see the full analog.
https://www.coachcarson.com/cash-flow-quadrant-how-earn-matters/
Many people are doing mistake in life because they are not well inform. They chose income platform wrongly.

I hope your business is successful, friend. Looks like you have a very mature plan. and I think knowing that your place is close to the sea. then opening a business as you say seems to have a lot of potential. I myself do not work for others. but I don't have a business yet. one of my daily income is from day trading. But I am also planning to open a personal business. But at this time have not found a suitable field.

I really think that besides the money one of the reasons people want to become self-employed is because there are many bad bosses out there that believe leadership is to scream to their employees for every single little thing, so many people tired of this situation decide to become their own bosses so they do not have to hear someone else telling them what to do all the time, and I cannot blame them as there are some work environments which are incredibly toxic that when you think about it the best thing you can do is to leave them behind and never comeback.

We can't work forever but as long as we can I'll choose to work for someone who's good to work with and also on the side, have someone that will help me grow my business.
Having a good boss is hard to let go of because it's like a bond that's hard to be removed and the relationship that you've built with it is there. Also, it's rare to see good bosses these days and they'll also teach you life lessons and how to run a business. And I think that when you're set and ready, he'll be happy to support you leave him and have your own business journey.

Who doesnt really like on having their own business or their own company? It is really just there are really challenges on why people cant able to do so, like having no funds mainly or the capital to start on,

or they dont really have the idea on where they would be starting up since its not their forte on having a business or totally that noob when it comes to that, this is why they do just simply skip and ignore.

We know on what the opportunities and chances for those businessowners which are we could really make ourselves that rich or does have that financial freedom
but of course, you would really be needing that risk taking step for you to be able to achieve that.

I am currently running my own online business, and even though the growth is not fast and big, I am happy because I am my own boss even though the fear of going bankrupt continues to haunt me every day.


what you say is actually happening, people have dreams of becoming self-employed but they don't have the ability to become that because they are too afraid of the risks they will face and also don't want to work hard to learn.
so in the end, those who have capital from collecting it when they become employees must resign by burying their dreams and returning to the fact that they will forever be employees.

Working for themselves is good, and myself to prefer it. This will give them the choice of innovating and facing the competence. They always needs to be updated and active, whereas with employment it isn't the same. Working for someone else makes us work for sake and earning. Very little number of people work with cent percent mind. Anyhow the risk is low, if they've reached good position. With business we need to keep our efforts turned into revenue and it is riskier.

Saying you want to start your own business or operate a company is simple and more idealistic. Everyone wants to work for themselves, which is nice, but I want to use my thinking in the framework of "mentorship" at the same time.
Many people desire to escape this life's journey. I'll make some extremely significant biblical allusions to drive home my thesis. Every man who experienced tremendous success came after great men in the Bible, for example, Joshua came after Moses, Samuel came after Eli, etc., and all of them did so as a result of mentorship. I'm attempting to illustrate why working for successful businesses and people is crucial because if you don't learn from the best, who will you learn from? And after the process who says you can't establish yours if the ambition is there

Without a doubt it is a very solid choice, however not everyone can do something like this, many people prefer the security of knowing how much money they are going to earn each month, even if the total amount at the end of the year is lower than if they became self-employed, and this is because to become your own boss you need to have at least some discipline with your spending habits, and we know the majority of the people spend all the money they get from their job not saving anything for the future.

I would choose to work as a freelancer which is basically the best of both worlds. A self-employed lifestyle is the best way to earn money in this competitive world in my opinion though there are certain risks associated with it.

However, I feel that the pros of this particular lifestyle outweigh the cons which is why it's my recommended lifestyle overall.

I will choose a business owner, I have worked in the office for about 4 years and I am currently starting for a business, namely the sea fish trade, I live near the sea and the price of fresh fish is very cheap, if I bring it to a city far from the sea and then rent A place to sell fresh sea fish so I can get profit, right now I am applying for a car credit for business and next I will try to rent a place for 3 months of selling.

Being an employee who owns a small business and, at the same time, a trader and holder are much better. We shouldn't think about which is best if we can manage our time doing this, then let's do this all. But it is really best to have a side hustle like you are a business owner and at the same time a bitcoin holder or an employee, but your side hustle is trading since this can increase your income and also you will know how to manage your time since doing this both requires you to manage effective your time so that you can do both jobs.

you missed another important thing as you ask this here in crypto forum , and that is


Which you prefer HODLER or TRADER .


these are the fact that will be answerable quickly and that would be Holder , but of course sometimes trader depend on the situation.


remember that business is good , being employee is also better but being a cryptonians and trader at the same time holder will bring you more in future as we have seen these many times.

I believe it’s everyone’s dream to run their own business but not everyone is given the same opportunity to own a business. Aside from capital, knowledge and skills to run a business is also of great essential. Maybe the reason why most of the people settle as employees because they don’t have the guts to run a business and make it grow. But for others who have the passion and confidence to stand on their own and manage their own business, with hardwork and perseverance, everything paid off in the end.

I was once an employee in a company with almost several years working there and now I have started a business to start from scratch with a well-planned vision and mission, I could not start a business from the beginning due to limited capital but with me working in a the company alone can raise capital and can start the business which is still being run today.

Of course I became an employee because I wanted to have a lot of experience out there. I even often associate with several people who have had businesses until they were big. From there I learned about their ideas and in the end I was able to do that, even though my business can be said to be still in pioneering from scratch but I'm sure with what I have in the idea that my business can grow over time that goes with ideas, innovation, creativity, Marketing Strategy, maximizing Branding etc.

Some strategies that must be carried out, as well as the performance that I have to develop but with this my business has started to run well even though there are always ups and downs in income but I will not give up because from here we can further improve our business run.

What do I implement in my business to stay consistent:
Maintain quality and promote good service.
Improve the product and its quality.
Evaluating the market for my business.
Increase sales.
Good Marketing Strategy.

This effort will continue to be improved so that my business can become even bigger.

But it can give you little comfort because you are sure to receive a monthly salary. Sometimes we like to become a businessman but faith doesn't let us to do it since there are people who only want this but doesn't do any steps to make all of this to happen. Best to carry out in mind by people if they don't know what they are doing and not sure about everything better stay on your company and continue to work there. But kf you think that you can carry out all the risk and have capabilities to make all this happen then try to adopt the risk.

There are some people that just prefer to be employee for the rest of their life and it is better to be that way since having everyone own a business would mean that no one would work for them. It says the same that having everyone around the world rich is going to be a horrible event to happen. No one would work for someone else and everyone would have the same wealth.

I guess it is better off as well that business or entrepreneurship is not for everyone.

The real risk of being an employee is low pay and a toxic environment that could cause you a mental health issue. We can still control our performance if we want to prevent being fired or losing our job, but the reason we have low performance is due to the toxicity of the job and also because we are no longer happy doing it. It is really best to be the boss and owner of a business since it is another journey in itself; it is not like being an employee, so you'll learn a lot along the way.

As employees or working in a company we always depend on our boss, and we can do a good job but if our boss doesn't like it because it doesn't match his thoughts or wishes, or is having a bad day, conditions may not be so favorable.
and to become entrepreneurs, we have more control over our own destiny. And maybe we make mistakes, but we also have the ability to learn from them and grow.
and if I had to choose I would choose to be a boss or an entrepreneur because there will be many experiences that will grow and develop from every journey to success and that depends on how persistent and patient we are in facing and living it, because all of us are in control. And being an employee has a big risk of being fired when we meet the wrong boss or we don't like the job and feel uncomfortable.

As I read the subject title, the first thing that came to my mind is the cash flow quadrant made by Robert Kiyosaki.
Employees and self-employed are the ones who are paying the most taxes and he hate taxes.
On the other half, there is business and investing. He invests but into stocks or bonds or ETFs blah blah. He's into gold, silver and other precious metals. He's more into business because he pays 0 taxes on it.

I want to be involved into business, but aside from the fact that I don't have any capital to start with, I don't have the passion to do it, so I don't want to pursue it. I'll just want to be a part-owner of a business company by buying their shares . I tried to be an employee, but because of the work being monotonous, it's kinda boring to me to the point that I didn't last a year being an employee and I choose to be a self-employed one (freelancer) and I invest a portion of my income into some assets like crypto or stocks.

TBH, I don't see myself into being either an employee or a business owner in the future but if I will choose, I'd just choose to be an employee and at the same time, an investor.