A career - as an employee or a business owner which do you prefer and why? - page 6.

Iroh

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Quote from: odunybiz on January 22, 2023, 06:15:08 PM

I prefer to be a business owner. Although it isn't easy becoming a business owner in some countries especially the developing countries but hardworking and endurance, one will make it's one day.

Yeah, I guess everyone would prefer to be their own boss and not having to work for anyone. I would say it is not an easy feat to start and run a successful business anywhere and not specifically in devolving countries.

As a newly created business, you would have to deal with already established businesses and companies that provide the same kind or some alternative of the services you provide.

Being a business owner isn’t a walk in the park. It would take a lot of time, dedication and time along with a lot of funds for capital. But over the years, if you keep at it, you would then have some profits coming in and that’s when being a business owner becomes enviable.

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Quote from: Keyreysek on January 22, 2023, 07:20:21 PM

I will choose to be the boss/owner of the company.
this has been my dream since childhood, I want to build a company that can help many people, and can become jobs for many people. but the obstacle is that there is no business capital yet, and that is a big obstacle, I hope can get capital for business as soon as possible.

Being an entrepreneur is a good choice, but you have to believe in it from the start, you have to be steady! Former employees "usually" just try to be entrepreneurs, then give up and go back to being employees again.

Without building a strong mentality and mindset as an entrepreneur, you will definitely not last long. Mindset is the foundation, never build without strengthening the foundation first.
Remember being an entrepreneur is about having capital, but a heart stability.

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Quote from: odunybiz on January 22, 2023, 06:15:08 PM

I prefer to be a business owner. Although it isn't easy becoming a business owner in some countries especially the developing countries but hardworking and endurance, one will make it's one day.

Business owners also have their own advantages if the business runs smoothly and you are in the right country and there are not many rules that can interfere with the running of your business. And if you currently have the desire to become a business owner, you can try to manage a business with a small size first before you try to manage a large business and usually it will be easier if the business you are running is one that you are very good at and you like everyday.

Quote from: Keyreysek on January 22, 2023, 07:20:21 PM

I will choose to be the boss/owner of the company.
this has been my dream since childhood, I want to build a company that can help many people, and can become jobs for many people. but the obstacle is that there is no business capital yet, and that is a big obstacle, I hope can get capital for business as soon as possible.

As long as you have the desire to be the boss of a business or business, then you will always try to find capital to make a business happen and make you the boss one day when your business is really progressing. Because the first thing you have to do besides trying to get initial capital is that you have to survive when you are still not the boss of a business with an unyielding spirit, even though you might complain when you start to feel extremely tired at work.

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Quote from: odunybiz on January 22, 2023, 06:15:08 PM

I prefer to be a business owner. Although it isn't easy becoming a business owner in some countries especially the developing countries but hardworking and endurance, one will make it's one day.

Being eager for success and being able to equip yourself before taking your way and establishing your own business can end you up
with great success, it's not easy, but it is doable.

Most of us will choose to own a business and be the boss of our own, though not all of us are capable since there are many struggles
in starting a business, finances is most common problem then the ideas are the 2nd one.

But, if you have that good mindset in planning and you are really keen on learning the process, owning a business can be done.

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Quote from: Cryptodebjoe on January 18, 2023, 02:52:40 PM

To be honest a lot of people will want to own their business but if you check the statistics of SMEs that have been folding up in recent times youll have a rethink as to the option to select... owning a business is by far the best option but i will have to be determined to put on the discipline, commitment and consistency required to build that business becuase its advantage is enormous..... thers no employee in the list of the richest people in the world... being n employee also limits your skills to be focused on only what your employer wants and theres little room for growth... but if i do my personal business im at liberty to expand the frontiers, make more money and even become an eployer of labour. the later is better for me

No one wants to be someone else's employee, but the question is how many will succeed in wanting to be their own boss. If becoming a business owner was as easy as we say, there wouldn't be the large workforce that exists today. There are many large, medium and small enterprises established, but not many can survive and develop. Billionaires are all business owners, but the number can only be counted on the fingers, so to succeed in business is not just words, or our simple thoughts.

Keyreysek

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I will choose to be the boss/owner of the company.
this has been my dream since childhood, I want to build a company that can help many people, and can become jobs for many people. but the obstacle is that there is no business capital yet, and that is a big obstacle, I hope can get capital for business as soon as possible.

odunybiz

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I prefer to be a business owner. Although it isn't easy becoming a business owner in some countries especially the developing countries but hardworking and endurance, one will make it's one day.

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Quote from: Hamphser on January 21, 2023, 06:59:11 PM

You would really be hesitating due to these factors;

1. Doesnt have enough capital
2. You dont have idea on where you would be starting
3. You would needing to find out on where you do specialize at.
4. Afraid on taking up the risk

If you are really that determine on changing up your life in terms of financial then it is really that a common path for you to take and if you do like to play on the safer side
then you would opt in not to make any movement at all which most people would be prefering and to those who had tried at least could really be having the chance
on making their lives better in terms of finances which we do all hope or trying to attain.

you are right - but there are some business which would be needing a little and zero investment
Some of the small business people are doing is - soap making - handicraft and airbnb these business does not need much space and investment

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Quote from: Cryptock on January 21, 2023, 06:56:46 PM

Quote from: Cryptodebjoe on January 18, 2023, 02:52:40 PM

To be honest a lot of people will want to own their business but if you check the statistics of SMEs that have been folding up in recent times youll have a rethink as to the option to select... owning a business is by far the best option but i will have to be determined to put on the discipline, commitment and consistency required to build that business becuase its advantage is enormous..... thers no employee in the list of the richest people in the world... being n employee also limits your skills to be focused on only what your employer wants and theres little room for growth... but if i do my personal business im at liberty to expand the frontiers, make more money and even become an eployer of labour. the later is better for me

most of the time people lack the dare to start their business and talking about it - - many a time family and friend disheart them so much that they lose interest in their work.
Life is not the same always - some people start living their dream late - I am one of those variety.

You would really be hesitating due to these factors;

1. Doesnt have enough capital
2. You dont have idea on where you would be starting
3. You would needing to find out on where you do specialize at.
4. Afraid on taking up the risk

If you are really that determine on changing up your life in terms of financial then it is really that a common path for you to take and if you do like to play on the safer side
then you would opt in not to make any movement at all which most people would be prefering and to those who had tried at least could really be having the chance
on making their lives better in terms of finances which we do all hope or trying to attain.

Cryptock

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Quote from: Cryptodebjoe on January 18, 2023, 02:52:40 PM

To be honest a lot of people will want to own their business but if you check the statistics of SMEs that have been folding up in recent times youll have a rethink as to the option to select... owning a business is by far the best option but i will have to be determined to put on the discipline, commitment and consistency required to build that business becuase its advantage is enormous..... thers no employee in the list of the richest people in the world... being n employee also limits your skills to be focused on only what your employer wants and theres little room for growth... but if i do my personal business im at liberty to expand the frontiers, make more money and even become an eployer of labour. the later is better for me

most of the time people lack the dare to start their business and talking about it - - many a time family and friend disheart them so much that they lose interest in their work.
Life is not the same always - some people start living their dream late - I am one of those variety.

Cryptodebjoe

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To be honest a lot of people will want to own their business but if you check the statistics of SMEs that have been folding up in recent times youll have a rethink as to the option to select... owning a business is by far the best option but i will have to be determined to put on the discipline, commitment and consistency required to build that business becuase its advantage is enormous..... thers no employee in the list of the richest people in the world... being n employee also limits your skills to be focused on only what your employer wants and theres little room for growth... but if i do my personal business im at liberty to expand the frontiers, make more money and even become an eployer of labour. the later is better for me

wmaurik

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Quote from: Cryptock on January 16, 2023, 02:22:23 PM

most of the people don't want to be their boss - they would wake up late and sleep late and would go to office and spend most of the time on social media and wait for the payday - when I was in management - I have witnessed all this. Only the smart worker and an honest worker would be able to run his or her business successfully.

I have also witnessed many people who cannot stand being a subordinate continuously and always try to be the boss at a job they like and usually such people prefer to open their own business when they already have more capital that they get from their work elsewhere in the past. This means that only intelligent and honest people can become bosses and can manage every business very well. So those who don't like being bosses mean that person is still very resistant to being someone else's subordinate for a long time.

ChiBitCTy

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I've never owned my own business so I can't really say which I prefer, in all actuality, but I can provide my thoughts. In college I majored in business management. Which quite literally taught me how to run a business. For me, I would love to become a business owner but I would have to find the right opportunity and unfortunately I just haven't come across the right type of opportunity/business venture.

I'm still hopeful that I will own my own business one day, when the opportunity is just right. Much rather work for myself than someone else.

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Quote from: Findingnemo on January 17, 2023, 11:40:05 AM

Quote from: bitgov on January 16, 2023, 08:52:14 AM

Quote from: Findingnemo on January 12, 2023, 10:15:28 AM

Quote from: GideonGono on January 11, 2023, 10:25:56 AM

I prefer to be a business owner but if the job is paying a good amount of money then why wouldn't I take it?
I like to be a business owner because they hold their own time unlike being an employee they need to be on time.
And when you are a business owner even if you decide to take a leave or you would still have an income unlike when you're an employee when you leave or skip work it would affect your salary.

No one is going to make more than the owner if its profitable so as an employee we will get the basic salary of contract we signed up by the company and the progress of salary hike depends on our skills, productivity to the company but its safer because we will get minimum pay every month or week.

Being an employer or business owner comes with less physical task and more mentally stressful circumstances for example if you're a realtor then competitive one will try to overcome your success and they will keep doing it everyday so you have to work on it everyday if you don't want to left behind. And don't think being an owner means we can take leave whenever we want and expect to be in profits.

sometimes we think owner is menting so much money but that is not always true. Most of the time owner is cleaner - dispatcher - runner and cashier.
So its not right to think owner is menting money and we are not getting money

That's why I mentioned when the business is running successfully its obvious that owner is going to make more money than the employees and if the owner is also doing the job of an employee to cut down a salary its more money because its double the job so returns are according to it.

Its common sense and its a common set-up which it would be understandable that most of us would really prefer on handling a business because it could really potentially give out that chance for you to make rich
or someone who doesnt really have any financial problems or hiccups which it is really that most preferred.Whose the one who dont really want or likes to get rich?
It is really just that business owners are really that prone to risks and problems on where it is attached on running a business which is normal because if you cant
bare up the risk or doesnt have the money for you to start then you would just remain as a worker.

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Having worked over some period of time for a business owner as an employee thus I had learnt a lot and gained some valuable experience thus I will prefer to be a business owner over an employee, as an employee I have a lot of restrictions and inability to put into use some business ideas due lack of funds or time factor, however as an entrepreneur sky is the limit thus I will have the opportunity of applying some of my conceive ideas and put them into practical use invariably this will lead to expansion of my business all these cannot be achieved as an employee, though it's take a lot of capital and investment to becoming a business owner.

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Quote from: bitgov on January 16, 2023, 08:52:14 AM

Quote from: Findingnemo on January 12, 2023, 10:15:28 AM

Quote from: GideonGono on January 11, 2023, 10:25:56 AM

I prefer to be a business owner but if the job is paying a good amount of money then why wouldn't I take it?
I like to be a business owner because they hold their own time unlike being an employee they need to be on time.
And when you are a business owner even if you decide to take a leave or you would still have an income unlike when you're an employee when you leave or skip work it would affect your salary.

No one is going to make more than the owner if its profitable so as an employee we will get the basic salary of contract we signed up by the company and the progress of salary hike depends on our skills, productivity to the company but its safer because we will get minimum pay every month or week.

Being an employer or business owner comes with less physical task and more mentally stressful circumstances for example if you're a realtor then competitive one will try to overcome your success and they will keep doing it everyday so you have to work on it everyday if you don't want to left behind. And don't think being an owner means we can take leave whenever we want and expect to be in profits.

sometimes we think owner is menting so much money but that is not always true. Most of the time owner is cleaner - dispatcher - runner and cashier.
So its not right to think owner is menting money and we are not getting money

That's why I mentioned when the business is running successfully its obvious that owner is going to make more money than the employees and if the owner is also doing the job of an employee to cut down a salary its more money because its double the job so returns are according to it.

Cryptock

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Quote from: capedbaldy on January 11, 2023, 02:51:35 PM

Quote from: GideonGono on January 11, 2023, 10:25:56 AM

I prefer to be a business owner but if the job is paying a good amount of money then why wouldn't I take it?
I like to be a business owner because they hold their own time unlike being an employee they need to be on time.
And when you are a business owner even if you decide to take a leave or you would still have an income unlike when you're an employee when you leave or skip work it would affect your salary.

Everyone hopes to become their own business owner or company leader, the pro factor is that we have time for business and family members without having to ask anyone for permission, but being a business owner also has a great responsibility to focus on business development and must have capital reserves if business turnover decreases or there is no targeted income to return business capital. Business owners have a high burden and great responsibility and also for employees there are pros and cons in their work.

most of the people don't want to be their boss - they would wake up late and sleep late and would go to office and spend most of the time on social media and wait for the payday - when I was in management - I have witnessed all this. Only the smart worker and an honest worker would be able to run his or her business successfully.

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Quote from: Razmirraz on January 11, 2023, 11:20:58 PM

Life is a choice, you can choose the direction of life in every thing you do. Before making a decision, you must be aware of your capabilities, whether you can become an entrepreneur or an employee in government agencies and private companies. This question will make someone more prepared for any outcome of the decision taken, whether you will regret the result or rejoice at it.
It needs to be underlined, no matter how high the position or rank of an employee means nothing, their status is still an employee. Sometimes small decisions that can change your life forever, because no matter how small your efforts, you are your own boss.

Most of the time we choose wrong direction - and through out our life we are struggling with wrongs we did and even next time life gives you another lesson.
But it is good to have a side business along with your job. But one thing is for sure - do not promote your business in your family and friends and don't involve your family member and friends in business.

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Quote from: Rockstarguy on January 13, 2023, 12:51:36 PM

Quote from: GideonGono on January 11, 2023, 10:25:56 AM

I prefer to be a business owner but if the job is paying a good amount of money then why wouldn't I take it?
I like to be a business owner because they hold their own time unlike being an employee they need to be on time.
And when you are a business owner even if you decide to take a leave or you would still have an income unlike when you're an employee when you leave or skip work it would affect your salary.

If the job is good paying job it is still good to stick to the job, part of the earnings from the job can be also used to establish a better business. Creating a business is a good form of building wealth because every job we found ourselves their will be a day we will all retire or resign from it. But the business will always be their after retirement of job.
The business will only be a source of income one can look up after retirement, plans for business is a good one for the future.

correct - if you are not landlord and you dont have other means to get some earning. Then surly you must keeep your job along with your side hussle.

bitgov

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Quote from: Findingnemo on January 12, 2023, 10:15:28 AM

Quote from: GideonGono on January 11, 2023, 10:25:56 AM

I prefer to be a business owner but if the job is paying a good amount of money then why wouldn't I take it?
I like to be a business owner because they hold their own time unlike being an employee they need to be on time.
And when you are a business owner even if you decide to take a leave or you would still have an income unlike when you're an employee when you leave or skip work it would affect your salary.

No one is going to make more than the owner if its profitable so as an employee we will get the basic salary of contract we signed up by the company and the progress of salary hike depends on our skills, productivity to the company but its safer because we will get minimum pay every month or week.

Being an employer or business owner comes with less physical task and more mentally stressful circumstances for example if you're a realtor then competitive one will try to overcome your success and they will keep doing it everyday so you have to work on it everyday if you don't want to left behind. And don't think being an owner means we can take leave whenever we want and expect to be in profits.

sometimes we think owner is menting so much money but that is not always true. Most of the time owner is cleaner - dispatcher - runner and cashier.
So its not right to think owner is menting money and we are not getting money

Topic: A career - as an employee or a business owner which do you prefer and why? - page 6. (Read 2573 times)