Entrepreneurship or Office job? - page 12.

Hamphser

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Quote from: Vinaa77 on August 10, 2022, 06:32:21 PM

Quote from: hfyjilgje on August 10, 2022, 02:48:53 AM

Working is doing something for someone else and they pay you accordingly. Entrepreneurship is to use their own money, resources, ability, etc., everything is their own decision, pay and harvest are their own.

It's not always working for someone else or doing something for someone else. Because there are some people who do things for themselves and work for themselves to fulfill the needs they want and it has nothing to do with other people if they open their own business to work and earn money.

Actually its none of our business on how we do live our lives and the decisions that we do make in life and we do really differ on such aspect.It might work on others but not for everybody thats why it would

really be depending on the line that we are taking which it do somewhat requires some luck and hardwork too.I wont be simple on having multiple sources since you would need to exert more work and time

which there are things would really be compromise when it comes to time spent or even putting your health at risk due to lack of rest.

Vinaa77

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Quote from: hfyjilgje on August 10, 2022, 02:48:53 AM

Working is doing something for someone else and they pay you accordingly. Entrepreneurship is to use their own money, resources, ability, etc., everything is their own decision, pay and harvest are their own.

It's not always working for someone else or doing something for someone else. Because there are some people who do things for themselves and work for themselves to fulfill the needs they want and it has nothing to do with other people if they open their own business to work and earn money.

Finestream

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Quote from: Queentoshi on August 08, 2022, 08:31:57 AM

The struggle between the decision of being your own boss and working under someone is becoming more difficult to make as economic situations become tougher. From evaluation around me, self proclaimed entrepreneurs are quitting entrepreneurship because of difficulty in maintaining a business and reduced sales due to reduced purchasing power from people, an effect of the economic situation. Office workers on the other hand who also have been on one salary grade for a long time now are becoming fed up with how their monthly salary is no longer sufficient to secure a comfortable lifestyle for a month also due to the higher cost of living. What do you think is the way forward?

Employees don’t make great income by just being employed forever, unless they start going out from their comfort zones and start to explore outside businesses. Though it’s a high risk decision, but if you want to see big improvements in your life, you should start taking calculated risks. However, if you’re not yet ready for it, you could have at least make your time management work well so you can work an 8-hour day job and after that, spend the rest of the day working on your own business that you think will probably work on you as a part timer, and will generate another additional source of income.

blockman

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Successful entrepreneurs started working under someone before they had a full transition to being alone with their business. Just do what you think is ready for but don't neglect and stop having an active income from your office job.
It's a source that can support your dream business and have it stable by having your money from your salary to your business. Although it's not always about having a dream business or job, it's all about your purpose and reason for doing any of the two or both of it.

Davidvictorson

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Quote from: Queentoshi on August 08, 2022, 08:31:57 AM

The struggle between the decision of being your own boss and working under someone is becoming more difficult to make as economic situations become tougher.

The real entrepreneurs thrive in adversity according to Jim Collins. And it is quite obvious. Not everyone is cut out to be an entrepreneur. Entrepreneurship requires the individual to have a certain personality trait. Such as low in agreeableness, high in extraversion, high in conscientiousness, high in openness to new experience and low in neuroticism. On the other hand an office worker may despite the harsh economic realities want to remain so because, they do not just fit into that role. They can't take the heat. Entrepreneurs are high in creativity and can easily adapt and make their business thrive no matter the weather.

carlfebz2

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Quote from: bitgov on August 10, 2022, 03:00:08 PM

Quote from: cute nmp on August 10, 2022, 02:48:24 PM

With the current economic situation in my country I can Cather for you and your close ones. I choose to go into entrepreneurship It is much more profitable and self reliance. One has the freedom of when and how to do things instead of always given directions to do things. Things are hard this time one has to always to try his best.

Office job can give you a fixed amount without worrying about anything. But on the other hand - entrepreneurship is a challenge.
YOu have to be vigilant all day all night to take care of your venture. sometime it is not progressive but you have pay salaries and take care of all the expenses.

When it turns out that if the amount you do earn from that stable income from your office job isnt enough anymore then it would really be a stressful type of problem and with just common sense we could really feel

the need of urgency when it comes on finding another source of income which you should really get involved with just for you to break the shackle of that stress on trying out to survive on everyday living with
having shortage of the income you do make.Inflation plus unexpected spendings or expenses then it would really be just hard.

Having side income is a must if you do have that shortage or even have the wish on having a better life in terms of finances which could really be acquire into other source of income.

bitgov

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Quote from: cute nmp on August 10, 2022, 02:48:24 PM

With the current economic situation in my country I can Cather for you and your close ones. I choose to go into entrepreneurship It is much more profitable and self reliance. One has the freedom of when and how to do things instead of always given directions to do things. Things are hard this time one has to always to try his best.

Office job can give you a fixed amount without worrying about anything. But on the other hand - entrepreneurship is a challenge.
YOu have to be vigilant all day all night to take care of your venture. sometime it is not progressive but you have pay salaries and take care of all the expenses.

cute nmp

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With the current economic situation in my country I can Cather for you and your close ones. I choose to go into entrepreneurship It is much more profitable and self reliance. One has the freedom of when and how to do things instead of always given directions to do things. Things are hard this time one has to always to try his best.

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Quote from: Queentoshi on August 08, 2022, 08:31:57 AM

The struggle between the decision of being your own boss and working under someone is becoming more difficult to make as economic situations become tougher. From evaluation around me, self proclaimed entrepreneurs are quitting entrepreneurship because of difficulty in maintaining a business and reduced sales due to reduced purchasing power from people, an effect of the economic situation. Office workers on the other hand who also have been on one salary grade for a long time now are becoming fed up with how their monthly salary is no longer sufficient to secure a comfortable lifestyle for a month also due to the higher cost of living. What do you think is the way forward?

Choosing to be an entrepreneur or an office worker is a choice of each with a different way of thinking from one another. Entrepreneurship is more honorable in my opinion compared to office workers whose salaries have been determined how much they will get every month.

Being an entrepreneur, we ourselves will determine the patterns and strategies that we will apply to make our business progress and we also make the rules for the workers. This job is more challenging especially when the economy is sick but it is very comfortable if you are able to manage the management well.

Jody.Drummer

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Quote from: Queentoshi on August 08, 2022, 08:31:57 AM

The struggle between the decision of being your own boss and working under someone is becoming more difficult to make as economic situations become tougher. From evaluation around me, self proclaimed entrepreneurs are quitting entrepreneurship because of difficulty in maintaining a business and reduced sales due to reduced purchasing power from people, an effect of the economic situation. Office workers on the other hand who also have been on one salary grade for a long time now are becoming fed up with how their monthly salary is no longer sufficient to secure a comfortable lifestyle for a month also due to the higher cost of living. What do you think is the way forward?

Why must it be so complicated when dealing with a life that is bound to be lived? You worry too much about tomorrow that doesn't know 1 second in sight but forgets something out there that can't even meet its needs. Thinking as if you will be poor tomorrow, then when it comes to fulfilling a lifestyle means that you are on the cusp of a wasteful life. No matter how you view business, work, and build a job if that kind of thinking has become a life principle, it will be very difficult to survive in an era where life has to be more glamorous than anyone else.

raidarksword

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Office job is boring, you stuck in the office for couple of hours doing the work with the same routine everyday is not a good job in my opinion. I prefer being an entrepreneur doing small business as a start for it has no boss to get along with, no time restrictions and most of all you have all the time in the world. Being an employee will not make us rich, doing business does.

Kakmakr

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It is the recipe for a perfect storm at the moment. The inflation is high and governments of the world are increasing interest rates.... while the cost of living are becoming impossible. The businesses are also not making good profits, so they cannot afford wage increases to help with the economic hardship.

So what happens then.... unions demand higher wage increases ... companies cannot afford it, so they deny the demands.... and workers go on strike, causing more damage to a struggling economy. Roll Eyes

TheUltraElite

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So anyway, I applied as a merit source :)

Everyone wants to be their own boss because no-one likes taking orders from someone senior - normal human nature, and that is why such contexts come into play.
One must remember that being an entrepreneur is not a cakewalk and neither is it possible by any common man. One may dream of being one but in reality people get squeezed out of that in short time periods.

So have that mindset but don't try to gamble your life and savings on such an idea. The few people whom you see as successful in such startups and all are only a small fraction of the actually huge number.

Don't be angry on your current job, who knows what life may have in store for you. For those who are in studying phase, try to get into a job that you enjoy, don't go in for the money right away.

el kaka22

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I get the need for an office job, but there is a limit to that as well. Unless you are going to be the CEO of the company you work for, there isn't really a good idea to stay in an office job forever. My dad did, he worked in the same company for 28 years and he worked in his sector as an office worker for 35 years total, and what does he have? One car and one house.

I can tell you that I just made one car amount of money during 2017 alone, probably more after that (I usually spend that to pay off my debts and live a good life, instead of buying a car though). So, I can easily say that office job is something you do after you graduate, but based on how great you can become, eventually you should transition towards entrepreneurship.

hfyjilgje

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Working is doing something for someone else and they pay you accordingly. Entrepreneurship is to use their own money, resources, ability, etc., everything is their own decision, pay and harvest are their own.

amishmanish

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Entrepreneurship for sure. The world will be moving towards lesser social security and lesser financial stability. Jobs will not sustain us forever, and everyone will need a second source of income, thus I think entrepreneurship will be far better than doing job. It gives flexibility of applying our ideas and allow us to be flexible in our work

Fatunad

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Quote from: Zilon on August 09, 2022, 12:50:51 PM

Civil jobs most times don't get increment in salaries. When we talk about entrepreneurship people who render basic services like sales of daily human wants like food and household equipments the are always on demand no matter how inflation keeps rising. I think where entrepreneurs suffers most are services that can be done without. But for civil jobs no matter how one earns it will never be enough because human needs are insatiable and ones wants and needs keeps increasing as the sun keeps rising

There are indeed businesses which could really able to survive and those are essentials and pharmaceutical and other services which is really something mainly needed on daily living which means
that there's always a demand no matter what this is why those business owners do really stick into that since they do know that they could really get income from that even though some of them doesnt
have day jobs but at least they do able to sustain theirselves into that which its a must thing considering that inflation is a big problem and daily living is a challenge.
If you do find yourself having a hard time on making things in order then you should find another source of income.

Z-tight

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To become an entreprenuer isn't all about making a decision to become one, you can claim you want to start a business all you want, but without the money or skills that is necessary, you are only building castles in the air, many people you see today doing many jobs are not happy doing that, but that is the only choice they have so they can make ends meet.

Needless to say that many people also work so they are able to save money to go into entrepreneurship, and most times they have to work for a very long time to be able to achieve their goal, so for most people it isn't about just making the choice of what they want to do, they have to work towards what their line of interest is and make it happen. But i feel if it was only but a matter of choosing, everyone wants to be their own boss surely.

Zilon

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Civil jobs most times don't get increment in salaries. When we talk about entrepreneurship people who render basic services like sales of daily human wants like food and household equipments the are always on demand no matter how inflation keeps rising. I think where entrepreneurs suffers most are services that can be done without. But for civil jobs no matter how one earns it will never be enough because human needs are insatiable and ones wants and needs keeps increasing as the sun keeps rising

ethereumhunter

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Quote from: Queentoshi on August 08, 2022, 08:31:57 AM

The struggle between the decision of being your own boss and working under someone is becoming more difficult to make as economic situations become tougher. From evaluation around me, self proclaimed entrepreneurs are quitting entrepreneurship because of difficulty in maintaining a business and reduced sales due to reduced purchasing power from people, an effect of the economic situation. Office workers on the other hand who also have been on one salary grade for a long time now are becoming fed up with how their monthly salary is no longer sufficient to secure a comfortable lifestyle for a month also due to the higher cost of living. What do you think is the way forward?

Maybe it is a difficult decision to keep running our own business or remain an office worker because it depends on how we feel about it. If we are a businessman, we must try to find innovations or creative ideas that can develop our business or look for other business opportunities so that our business can become bigger. Meanwhile, if we are office workers, maybe we need another job besides being an office worker so that it can help us to earn extra money. Many of my friends are office workers but they also have side businesses and even the results they get are greater than what they make as office workers. Maybe we have to be observant to be able to take advantage of the opportunities available around us so that we can develop the potential we have.

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