Topic: Entrepreneurship or Office job? - page 13. (Read 4701 times)
When I was a little kid I always wanted to have my own company and be my own boss. This desire comes mostly from my uncle who had his own business until he was 60. He always had a nice company car and dressed very professional with expensive suits. During family meetings he always had stories to tell and his lifestyle seemed very cool to me back then. My cousins are younger than me so I didn't play with them much when they were younger. Only later I realised how many hours my uncle spent away from family. He got divorced a long time ago and barely saw his kids. I am happy now just being and employee and have no more desire to run my own business. There is much less stress and things to worry about, and as long as you earn enough money to provide for your family life is good.
There are no wrong answers here.
Can't agree anymore, that's the most correct answer.Some people think entrepreneur is the best job since there's no pressure and target you need to achieve since it's depend on your performance. If you're a hard worker and want to try anything that could make your business successful, then it's more harder than become an office job. But when you're already successful, you don't need to control the whole of your business.
While become office job, you don't need to think anything after you're back on your home, but you have a pressure and target that most people don't like.
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?
I know this is a recurring theme in the capitalist work system, but again, as times before, people want to work in meaningless labor less and less. This time around tho, the notion of automation (machines doing work for us in some way or capacity) has beecome more plausible. Anarchist Bob Black wrote a somewhat popular essay titled 'The Abolition of Work', and Guy Debord was incorporating his 'never work' philosophy into his 'The Society of the Spectacle. Also, there have been talks (only in more developed countries, unfortunately), of a minimum fixed monthly income for people that would come of the back of automation mostly doing labor. It's a complex and big topic, to be honest and there are a couple of directions this can go in, but nothing is clear as of yet.
There are no wrong answers here. For me being an entrepreneur is the best. You will be your own boss and you will make your own rules. There is also no limit when it comes to profit. Working overtimes are worth it because you are the main benefactor.
But there are always cons though. Having a business is risky too because there are no guarantees of success. And some people are forced to enter into businesses that are not their prime interests due to limited resources.
The safest is to become an employee but the growth is limited compared to owning a business. You cannot find an employee in the top 10 richest in the world. But there's this so-called contentment. You may be earning not as big as those entrepreneurs but you are happy with your job with less risk and stress.
In the end, it is all about finding happiness.
But there are always cons though. Having a business is risky too because there are no guarantees of success. And some people are forced to enter into businesses that are not their prime interests due to limited resources.
The safest is to become an employee but the growth is limited compared to owning a business. You cannot find an employee in the top 10 richest in the world. But there's this so-called contentment. You may be earning not as big as those entrepreneurs but you are happy with your job with less risk and stress.
In the end, it is all about finding happiness.
what is certain is that you and I must be able to adapt after the covid pandemic and the global crisis that hit the world. life is a choice, as well as a matter of work and ways to survive, there are people who choose to become office workers, there are many who choose to open their own business or self-employment. but there are also those who want to be free by choosing to be freelance.
whatever the choice is to become a worker or choose a business, everything has risks, profits and losses are the responsibility of each, regardless of the economic crisis that is the problem. everything has to run as usual, I still choose to work as my main income, the rest I can do activities to find additional income.
whatever the choice is to become a worker or choose a business, everything has risks, profits and losses are the responsibility of each, regardless of the economic crisis that is the problem. everything has to run as usual, I still choose to work as my main income, the rest I can do activities to find additional income.
You'd probably have to start up with an office job or something similar at the start if you wanted to start up a business. You can look for investors but it'd probably be rather difficult again without anything to show for it. I'd go for starting your own business if you can. The difficulties you'd have with the latter are vastly different from the former though since you're also taking into account workers you'd hire and the future actions you're business is going to take.
Honestly, if you're not fit for the two, I'd try looking for freelancing opportunities if what you like doing aligns with it.
Honestly, if you're not fit for the two, I'd try looking for freelancing opportunities if what you like doing aligns with it.
At a certain time in my life, I asked myself this question and researched the pros and cons of sticking to either entrepreneurship or an office job. I had been nursing my creative ability to fend for myself and my family as an entrepreneur until an opportunity presented itself in which I had to experience what an office job feels like.
I must say that the difference is individually based on if one is humble enough to endure the challenges both present. As an entrepreneur, you lead, whereas for the other you follow. The economic precedence of these current times only accentuates the need to hone and explore other income streams, because both
don't guarantee monetary success. You have to count the gains you stand to enjoy without the pay!
I must say that the difference is individually based on if one is humble enough to endure the challenges both present. As an entrepreneur, you lead, whereas for the other you follow. The economic precedence of these current times only accentuates the need to hone and explore other income streams, because both
don't guarantee monetary success. You have to count the gains you stand to enjoy without the pay!
You should be matured and responsible enough to run your own business otherwise better to be under somebody or work in already made businesses. You are either the head in a business or someone/people should be telling you what to do. I actually prefer the former, not because of pride but due my GOD-given ability as a guide or head. If you have thesame ability then have it developed and find a suitable business to do and possibly employ others to work under you.
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.
Once again, the old adage "Winners never quit. Quitters never win." comes in full swing.
Quote
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.
Well, it's their situtation and they chose for themselves an office job, so they have to find a way to solve their predicament. We can't do anything for them.
Quote
What do you think is the way forward?
You make a [financial] plan, follow the plan, and never deviate from the plan except under exceptional circumstances, and when you do deviate from the plan, you do so rigidly - no wishy-wishy back-and-forwards, it must be a straight and well-meaning derivation.
What do you think is the way forward?
I have a cellphone repair and accessories business, my brother in law is the technician and I hired another employee to help in sales. We're also affected of the economic crisis and the past pandemic that happened but we managed to survive and able to move on. On the other side I have a day job and I dont consider quitting because I love my position and thats important that you like what you do to not feel the burden of being employed.In my experience being an entrepreneur for years while having a day job, if you can do both that would be even better. Of course its not easy and stressful at times but its worth it especially if you see the outcome of your hardwork.
Personally, I prefer to be a boss myself and not work under anyone's supervision, although it is sometimes difficult to work on your own, but this option remains the best for me, especially since I tried to work as a subordinate for some time. Working alone provides you with freedom and protects you from the harassment of the bosses who are Most of the time, they are harsh and hard-tempered. In addition, it gives you the freedom to make the decisions you see fit as needed, you know when to start and when to stop.
Being an entrepreneur is not an easy thing. Once a person turns to be an entrepreneur he'll not think of being into office job. At times there will be hard situations, but the entrepreneurial mind won't go down. They try to withstand the situation with earnings from the past. They knew today they might be in loss, but through entrepreneurship surely tomorrow we can make money, if we work hard on it. So, my choice will be entrepreneurship than office job.
I can't imagine how you can be an entrepreneur and serve another boss at the same time.
A friend of mine is combining his work in office (bank employee) and running a clothes shop (he hires two persons). He managed to perfectly do his office job, and as an boss or entrepreneur solve technical issues by phone. Every week he orders his shop supply online, during lunch time visits post office or delivery guy to collect "a big box of goods", after his primary work he drives to his shop to iron/hang/do other things. He managed to run all bookkeeping records on weekends. And even though shop gives him more profit than office work, he still chooses both of them.
Personally, I prefer to start my own business, not only to achieve economic freedom, but more importantly to realize the value of life. But starting a business is not blind, must have a clear direction and planning, sufficient funds. At the meantime, be prepared for setbacks and failures.
Being an entrepreneur is not an easy thing. Once a person turns to be an entrepreneur he'll not think of being into office job. At times there will be hard situations, but the entrepreneurial mind won't go down. They try to withstand the situation with earnings from the past. They knew today they might be in loss, but through entrepreneurship surely tomorrow we can make money, if we work hard on it. So, my choice will be entrepreneurship than office job.
I agree. I can't imagine how you can be an entrepreneur and serve another boss at the same time. Is it possible to combine one with the other, even purely psychologically? The one who decides to free himself and start his own business is already on a higher level than the one who serves another uncle. Yes, it's hard, but it's always better. Finding a business that will have a minimum of competitors and have unique products that are in demand will always be more profitable. The only thing you need to prepare for this is to be very consciously prepared in advance for various kinds of failures.
Everyone should figure out what works for them. And it's not only about earning money, it's also about being sustainable. It's better to earn less while doing something that you like, rather than earning a lot but doing something that you hate.
Although the global economic meltdown have made most people to focus on survival but life is too short to waste on jobs that gives one less satisfaction. People must note that the most important thing in life is our basic needs and not other luxurious lifestyle. If you derive satisfaction from teaching and you are not earning enough to sustain your family, instead of dumping the proffession for another one because of higher pay, seek for other sources of income, cut your expenses, upgrade your qualifications or change the school if possible. My main point is that don't be moved by financial rewards, let the fulfilment you derive from doing a particular task be your upmost motivation. 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?
To me the answer is clear, if you have the opportunity you need to try to be your own boss, an office job may seem like a good option as it gives you a stable income, but never forget that your employer does not have you there for charity, if they pay you a certain amount of money you can be sure that you are producing more value than what you are being paid, and if you were your own boss your salary would be higher, so if you can you need to try to be independent so you can raise your standards of living and the money you earn. 
You are putting it as if these are the only two types of occupations in the world, and there's no other ways to make money. What about doctors, police officers, military servicemen, freelancers. engineers and countless other professions?
Everyone should figure out what works for them. And it's not only about earning money, it's also about being sustainable. It's better to earn less while doing something that you like, rather than earning a lot but doing something that you hate.
Everyone should figure out what works for them. And it's not only about earning money, it's also about being sustainable. It's better to earn less while doing something that you like, rather than earning a lot but doing something that you hate.
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?
For many people, most people infact, it is not always an option to become an entrepreneur because sometimes a full time job can take up most of your available time along with commuting. Many entrepreneurs start young and have the ability to withstand multiple failures as they learn what works for them, but it really helps to have a supportive environment growing up. It can be much easier to start if you have family who might give you a little bit of seed money, you have free time and you have the resources (even just access to internet) that many people take for granted in more developed countries. Some youngsters in different countries are already doing different types of work by the age of 10 or even earlier, to help the family survive.
and at the end what did I get in return - I got no saving nothing at all - and I spent the best and youthful days of my life working for other.
and now I have started my own small business - but I m not sure what I am going to do now.
I like doing new things but I like working for my boss as well, there is no reason why you shouldn't be doing both of them together. I do not have the time to do any new business startups right now, I do have a few ideas but I rather not do anything for the time being, I barely get enough time to sleep for the past year anyway because of personal reasons, family and health kind of stuff. But hopefully, in the future I will work proper time, and do not have my free time taken by emergencies and troubles, in that world I would definitely work and earn a salary, and use the other time to build a small business that I would be proud of, an online one of course.
Due to needs and necessity which it do really takes the chance or opportunity for us to invest because we are just earning sufficient just for those needs thats why investing is on least priority but there are peoplewho do really love their current jobs on which they arent tending to look for another venture because time would really be sacrificed on that which means everything would turn out to be non-balanced.
Yes, you do have the money but the time and health would get compromised then it would really be still useless i would say, so make up a decision which you do seem that first out for you.
What do you think is the way forward?
Hopefully a world where more people work from home, more people are forced out to pick up hobbies they enjoy and more people being able to meet others that are more similar to.them compared with what they might get at office jobs (a selection of people that might lack the same motivation in a lot of areas).
Realistically I hope people gain a lot from not having their own commute, expand out into different hobbies and use those to pay for things and supplement or replace their income longer term (if possible).
There's an abundance of financial advisors telling people to diversify into other assets and companies actively trying to stop people from diversify their roles or working for competition or even any other company/job - if this decreases as it should since populations get more intelligent year on year and also have resources like the Internet then we should see more and more people taking on multiple part time placements imo as apposed to taking on just one full time job that sucks all.tbeir energy and motivation (in the worst cases).
Jump to: