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Topic: Entrepreneurship or Office job? - page 5. (Read 4787 times)

member
Activity: 1078
Merit: 12
September 07, 2022, 09:51:36 AM
I think being an entrepreneur requires a lot of patience, for me, who works in an office with a monthly salary that is often lacking, it will be difficult to become an entrepreneur who is more suitable for those who are already in the financial security zone.
full member
Activity: 476
Merit: 108
September 07, 2022, 09:13:10 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?



Ideally with today’s lifestyle and situation, if you could possibly manage
having a bit of both then your in a good place. But as you grow older
and start to mature a bit more, you will probably be attracted to the
prospect of Entrepreneurship. Being your own boss and managing your
businesses is beneficial especially when you have  a family. We all need
financial security, so I firmly believe investments should also be taken
highly into-consideration since we are in the topic, working for some
company or having a business doesn’t necessarily provide or assure
you with some solid financial future. Investments is another option
and it’s a really good one.
sr. member
Activity: 826
Merit: 266
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September 07, 2022, 04:54:05 AM
Many hope to be an entrepreneurship, I often hear many people motivate to get out of work and start a business to have financial freedom and entrepreneurship, the fact that happens that not all people are talented and fortunate to become entrepreneurship.
  • Desire (intention)
  • Capital
  • Innovation
  • Consistent

Talent is not that important in my opinion, but the four elements I mentioned are very important that someone who wants to be an entrepreneur should have.

Intention (desire) is the main capital that moves a person out of the zone that makes that person to be an entrepreneur even if it is only a small capital.

Our business must be unique with others, for example the products we market are different in terms of shape, quality, price and so on so that our business is known by consumers in the market. I call it innovation.

Along the way, we will face periods of fatigue due to the level of sales not increasing or decreasing. It is very important for us to be willing to evaluate what causes sales to not increase.
I really like the points you explain. because in the business world it is the 4 points that must be held tightly. especially when the business is already running and sometimes the situation can change. There are ups and downs in independent business. so that's where our mental test. we are tested whether we can remain consistent by not giving up easily. and keep doing your best in any situation. or we will give up with the test. that is, we cannot maintain our own consistency in building our independent business. And that's where a strong will is needed. skills will follow as the effort goes. because experience will teach a lesson for everyone who tries. so that people who are not skilled will become skilled if they can learn from the experience that has been lived.
legendary
Activity: 2408
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September 07, 2022, 03:35:56 AM
I think starting with an office job to help generate money is a good start. As time go by their will be money that is been saved from the office job to start up business.  Starting a business is not easy for some people,  I think some people needs to work first to gather money for the of the business.

To start a business smoothly besides money, we need experience.
This is the best way to start, in addition to starting an office job to earn money and accumulate for future dreams, going to work will help us accumulate experience and practical experience.
My advice to people looking to start a business is to always look for a job for a few years before starting your own company. What we learn in school is not the same as what we face in real life, so going to work is the best springboard to start a business.
hero member
Activity: 1484
Merit: 928
September 07, 2022, 02:31:14 AM
Seriously it's a really difficult decision to take, but I think if you are having capital to start your business I think it will be better you go into entrepreneur, but am sure you need alot of capital for that. I think office work is not really a good idea, I will use my country for example, things are getting more expensive everyday, house rent keeps on increasing, electricity bill and many more, everything keeps on increasing but salary remains stable, someone that have been working for year's keeps on receiving the same salary, the only time their salary increas is when they are been promoted in rank which those not happen always. If am having opportunity to choose between being an entrepreneur or government office then I will definitely go for entrepreneur, I know it's not also easy but with dedication and hard work you will definitely be successful.
hero member
Activity: 3066
Merit: 629
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September 06, 2022, 05:17:44 AM
I think starting with an office job to help generate money is a good start.
That's where the majority are starting, finishing, or not finishing college studies and getting hired by a company. And that's where most are starting out and realizing things while being employed.

As time go by their will be money that is been saved from the office job to start up business.  Starting a business is not easy for some people,  I think some people needs to work first to gather money for the of the business.
But there are many office workers that don't want to start a business because they can't bear the risk of having it. And that's why they're satisfied and staying on their jobs and there's nothing wrong with that.
hero member
Activity: 1316
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September 06, 2022, 04:24:34 AM
  • Desire (intention)
  • Capital
  • Innovation
  • Consistent

_SNIP_
Learning to innovate is also needed as you have said and also learn to be consistent when he starts to get bored with his business development which is sometimes not smooth or not as he wants after living it for several years.
On several occasions we will come to this stage and we are strongly required not to complain. In fact, many business actors quit or give up when they have entered the boring stage due to a lack of innovation.
The word "study" is very common in this discussion, but it should not be forgotten either.
Business is closely related to strategy and tactics apart from some of the elements we have mentioned above.
hero member
Activity: 2576
Merit: 579
September 05, 2022, 08:28:27 PM
  • Desire (intention)
  • Capital
  • Innovation
  • Consistent

_SNIP_
The explanation is very accurate and also very precise, but I will add one word that can also represent the four elements you have mentioned, namely "Learning". Because many people are asked if you have the intention to do business? the answer is Yes he has intentions, but very few people are willing to learn to carry out those intentions after he has answered his questions.

Likewise with capital. Everyone who wants to do business really needs to learn how to manage their capital from small to large because not a few people suffer losses because they don't know how to manage their capital. Moreover, if the capital is in a very small size.

Learning to innovate is also needed as you have said and also learn to be consistent when he starts to get bored with his business development which is sometimes not smooth or not as he wants after living it for several years.
sr. member
Activity: 2604
Merit: 338
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September 05, 2022, 05:12:31 PM
I think starting with an office job to help generate money is a good start. As time go by their will be money that is been saved from the office job to start up business.  Starting a business is not easy for some people,  I think some people needs to work first to gather money for the of the business.
Not all does have the money which for them to start up some business but there are who do have inheritances or does have a family which does have good financial state which would really be giving out advantage

for those people who could really have the plans on making some investment or business unlike into those who are just relying with their salary which would make things a bit slower but of course it doesnt mean that

it is impossible but its totally just depending on how a particular person do the things on what they do have in mind.We do have goals and its not impossible on achieving it even though its challenging.
sr. member
Activity: 2842
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September 04, 2022, 05:11:57 PM
and this was also the case globally plus don't forget that those entrepreneurs are also Uni graduates too that choose to create a Business and be an employer of others. There's nothing to mock here, regardless of which sector you fall in, the whole idea is for you to be able to take care of yourself and yours.
The ideal solution is to have a job and then work on the side hustle and build a small business hire your staff who will take care of your business.
But leaving the job for a new business is not a good option - and you will end up in psychological and financial stress.
At times the business might boom and become successful because such businesses might requires close monitoring and attention, then how do you manage your job and your business at the same time? I had seen some people who quit their high paying daily job for Entrepreneurship and later become successful business men, I think this is just a matter of choice based on how individuals can establish a business nurture it and later grow it, while some people still prefers doing their 9-5 job, personally I prefers being an Entrepreneur where I will coordinate and organize my business to attain my desire goal in a condusive place.
hero member
Activity: 1344
Merit: 565
September 04, 2022, 02:10:05 AM
self proclaimed entrepreneurs are quitting entrepreneurship because of difficulty in maintaining a business and reduced sales due to reduced purchasing power from people,
Hmm weird from you to say that. Aren't they always mocking uni graduates and overall 9 to 5 workers while pushing this entrepreneurs lifestyle and encouraging everyone to pursue it?
What is weird? Are there any valid data to show that this is really the case? True that many entrepreneurs are facing difficulty running their businesses due to economic hardship all the way from the COVID outbreak and so are the Government offices too.

21 September, Abuja – A new report released this Tuesday by the United Nations Development Programme (UNDP) Nigeria and the National Bureau of Statistics (NBS), says that 20 percent of the fulltime workforce in Nigeria lost employment during the COVID-19 pandemic in 2020. The report, which assesses the impact of COVID-19 on business enterprises in Nigeria, is based on in-depth interviews with almost 3,000 businesses from both the formal and informal sectors and across major industries of the economy.

and this was also the case globally plus don't forget that those entrepreneurs are also Uni graduates too that choose to create a Business and be an employer of others. There's nothing to mock here, regardless of which sector you fall in, the whole idea is for you to be able to take care of yourself and yours.
hero member
Activity: 630
Merit: 611
September 04, 2022, 12:39:05 AM
Everyone actually wants to have an entrepreneurial job. but sometimes a person's situation and condition leaves him with no choice but to work in someone else's company. and become subordinates.

All employees want to be their own boss. but sometimes desires are not easy to achieve.

but as long as we are strong in holding on to a dream/ideal/desire. Then one day our dreams will come true. as long as we never give up. keep trying and trying. because a success is always preceded by a dream and strong ideals.
full member
Activity: 602
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September 03, 2022, 11:36:52 PM
I follow someone - and he teaches people how to earn better to live better.
He suggested one should do an office job and involve himself in side business. That is very important for being financially free and work on the side hustle without worrying for money at the month end.
What do you mean by following?
there are some people I've seen firsthand doing two things at once, working in an office on a side business and actually being able to make the most of both patterns.
If that's what you mean, I think it's great in practice, because the opportunity to take two steps at once, is a pretty awesome skill.
full member
Activity: 602
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September 03, 2022, 03:29:33 AM
Entrepreneurship means owning a business but the 3 items that you enumerate are required or found in an entrepreneurship. If you choose an office job, you will also need those 3 or they can also be seen there. An office job or any kind of job is an opportunity and for you to get hired you will need to build up a skill first.

Lastly, you will need a capital to accumulate your requirements ex. 2x2 picture, resume, id's and other documents, the fair for commuting and expenses for eating. It can be confusing or hard at first if what we will choose but that's fine and normal. There is no need to rush. As the time goes by we will figure out if what is the real deal for us.
First we will find out first what our potential is where it fits, entrepreneurship is a small picture of a business, this is just the beginning before heading to a bigger business, these three things can be applied, if you and I open our own entrepreneurs.
However, if you are just learning entrepreneurship, these three points are not so basic and needed immediately, so as not to rush as you mentioned, then it is better to be entrepreneurship in a small capacity that we can control, before starting a much larger
hero member
Activity: 1316
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September 02, 2022, 11:56:29 PM
Many hope to be an entrepreneurship, I often hear many people motivate to get out of work and start a business to have financial freedom and entrepreneurship, the fact that happens that not all people are talented and fortunate to become entrepreneurship.
  • Desire (intention)
  • Capital
  • Innovation
  • Consistent

Talent is not that important in my opinion, but the four elements I mentioned are very important that someone who wants to be an entrepreneur should have.

Intention (desire) is the main capital that moves a person out of the zone that makes that person to be an entrepreneur even if it is only a small capital.

Our business must be unique with others, for example the products we market are different in terms of shape, quality, price and so on so that our business is known by consumers in the market. I call it innovation.

Along the way, we will face periods of fatigue due to the level of sales not increasing or decreasing. It is very important for us to be willing to evaluate what causes sales to not increase.
full member
Activity: 1736
Merit: 116
September 02, 2022, 10:25:28 PM

In my opinion, wisdom is required, as no two cases are exactly identical.

An entrepreneur who is a startup and obviously hasn't any capital to scale up or maintain, and neither does the person have a backbone (support). Then I'll recommend that he/she should hold both option, I.e work for a firm to get funded while having his/her aspirations on front-burner.

However, if he/she has got a support to cater for basic needs, then that's an opportunity to draw all focus to his/her ambition.
Different people have different mind set - some are happy working for others some do not have stamina to work under others command.
So - whatever makes you happy it is good to go with it. But if you are doing a job - I believe you should be doing a side hustle to have something of your own.

It is difficult to compare between entrepreneurs and office jobs which is better, because both are actually different ways of making money.
There's nothing wrong with wanting to do both, so as you said in the end it comes back to each of us. Everyone has their own choices and
considerations, not necessarily what is good for us, will also be good for others. For example my sister and I were raised the same way,
but we both have different choices when it comes to how to make money. My sister prefers something sure and low risk, so she is more
comfortable working for someone else in the office. Whereas I can't stand other people's orders and prefer something risky, so becoming
an entrepreneur is my choice. As long as we live according to our own choices, the results will be good. So please ask each of us which one
makes us comfortable and happy when doing it, that's the best choice for us to do.
sr. member
Activity: 826
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September 02, 2022, 09:26:40 PM
In my opinion, wisdom is required, as no two cases are exactly identical.

An entrepreneur who is a startup and obviously hasn't any capital to scale up or maintain, and neither does the person have a backbone (support). Then I'll recommend that he/she should hold both option, I.e work for a firm to get funded while having his/her aspirations on front-burner.

However, if he/she has got a support to cater for basic needs, then that's an opportunity to draw all focus to his/her ambition.
correctly. because to start a business then we need sufficient capital funds. and of course a skill is also very much needed. So to start entrepreneurship, we must try to find capital and skills first. and that can be done by working temporarily in someone else's company. just to collect capital and experience. and if the capital has been collected then we can start pioneering an independent business. Of course it must be with careful planning.

but it's true that everyone's thinking is always different. some prefer to stay in the Safe zone (employee/fixed salary) and some prefer to leave the Safe zone (self-employment/becoming your own boss).

I myself am a type of person who prefers to set up his own business (entrepreneur). because I used to work under other people's pressure and it was very uncomfortable. and make me unhappy. so I have started my own business after leaving my old job. it was very difficult at first. but then it all got really fun. although the profits are not fixed. but when working full of freedom and not under the pressure of others is a very precious happiness. and I don't regret my choice.
jr. member
Activity: 30
Merit: 1
September 02, 2022, 08:23:03 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?



In my opinion, wisdom is required, as no two cases are exactly identical.

An entrepreneur who is a startup and obviously hasn't any capital to scale up or maintain, and neither does the person have a backbone (support). Then I'll recommend that he/she should hold both option, I.e work for a firm to get funded while having his/her aspirations on front-burner.

However, if he/she has got a support to cater for basic needs, then that's an opportunity to draw all focus to his/her ambition.
sr. member
Activity: 1358
Merit: 253
September 02, 2022, 02:25:31 AM
Many hope to be an entrepreneurship, I often hear many people motivate to get out of work and start a business to have financial freedom and entrepreneurship, the fact that happens that not all people are talented and fortunate to become entrepreneurship.
hero member
Activity: 2688
Merit: 588
September 02, 2022, 01:28:29 AM
There are three supporting factors that make people choose one of them, Examples of Entrepreneurship.
1. Opportunity
2. Skills
3. Capital
If one of these three things is not owned, then it is very difficult to develop an entrepreneur, because it takes a long process to achieve success.
Entrepreneurs are not born just like that, it takes a long process to pursue their business and there are many twists and turns that must be passed.
Sometimes the problem of choice is also a major factor in people choosing to work in an office or as an entrepreneur.
Entrepreneurship means owning a business but the 3 items that you enumerate are required or found in an entrepreneurship. If you choose an office job, you will also need those 3 or they can also be seen there. An office job or any kind of job is an opportunity and for you to get hired you will need to build up a skill first.

Lastly, you will need a capital to accumulate your requirements ex. 2x2 picture, resume, id's and other documents, the fair for commuting and expenses for eating. It can be confusing or hard at first if what we will choose but that's fine and normal. There is no need to rush. As the time goes by we will figure out if what is the real deal for us.
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