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Author Topic: Entrepreneurship or Office job?  (Read 4701 times)
Queentoshi (OP)
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August 08, 2022, 01:31:57 PM
Merited by Franctoshi (2), iamsheikhadil (1), Asiska02 (1)
 #1

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?


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August 08, 2022, 01:43:04 PM
 #2

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 ?
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August 08, 2022, 02:01:49 PM
 #3

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.
I think it's the opposite, as you're aiming to beat inflation and you understand that the world is experiencing toughness economically with left and right increases in inflation. That only means that you're determined and inspired to do any hustle that you have and keep that grit.

You work for someone during your daytime and do your business during your free time. But this is all about time management.

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?
It is to keep the hustle and add another source of income. There's no other way that keeps up with the current status of the economy. Add it up that you can cut most of your expenses and stop buying things that you really don't need.

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August 08, 2022, 02:27:55 PM
 #4

IMO, it's entrepreneurship if you have the money for capital.
About the hardships in finding buyers, social media is an open space where most people are hanging around buying everything 24/7. That the target for marketing the products.
There will always be a way when it comes to business but being an employee for a company, there is no other way and going up in ranks is a difficult tasks especially when there's a lot of people aiming the same spot. 
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August 08, 2022, 02:55:55 PM
 #5

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?

It's your decision to decide between the two options base on your interest and personal conviction but as for me, i will advise that if you're a salary earner then you must find an alternative to that as an independent source of income but if the work which you do gives you no reason to fo other menial jobs and the salary you get does no commensurate with the effort put altogether, then it's advisable to quit the job and remain independent provided you have passion for an independent job, also try to make good branding to your enterprise  in other to make it attractive to customers, engage on business seminars and kearn how to be a successful entrepreneur and you're fine.

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qwertyup23
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August 08, 2022, 03:09:37 PM
 #6

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 not keep both? While I understand that you cannot serve two masters at once, you can use your office job as a startup in order to build that capital needed for your business in the future. Being an entrepreneur means that you have to sacrifice your time and focus on developing something that the public would need.

If you lack the business capital for the business, then I highly suggest to earn money using your job in order to fund it for your business. Investing into cryptocurrencies may provide an extra layer of security as this may guarantee profit depending on its price on the market.

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August 08, 2022, 03:36:05 PM
 #7

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?



What's the problem with both? I personally have a day job and a business. I have hired one person to manage the business so that I don't get troubled while I am in office with my employer. Once I am back from office, I check the reports and provide further guidance to that person. I also do a good amount of customer connect during the weekends where I get their feedback to make my product even better.

I agree that not all kind of business can be done alongside a day job. But if someone is willing to take that extra effort, they still can sustain both professions simultaneously.

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August 08, 2022, 03:45:25 PM
 #8

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 not keep both? While I understand that you cannot serve two masters at once, you can use your office job as a startup in order to build that capital needed for your business in the future. Being an entrepreneur means that you have to sacrifice your time and focus on developing something that the public would need.

If you lack the business capital for the business, then I highly suggest to earn money using your job in order to fund it for your business. Investing into cryptocurrencies may provide an extra layer of security as this may guarantee profit depending on its price on the market.
Your analysis makes sense, according to all the experts in the field of business. Rather, the best strategy is the one that can reconcile the two.
There is a basic principle in investment called "diversification of income sources" and the balance between working in a stable job and launching a private project is a good guarantee for a stable financial life.
At an advanced stage, when the office job becomes idle in terms of time, it can be abandoned.

I am currently working in a half-time office job and managing two small projects, one of them is a farmer and the other is on the Internet. This is in addition to my work in signature campaigns here on the forum, which provides me with a good weekly income, with which I can at least pay my bills .
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August 08, 2022, 03:48:11 PM
 #9

Both are having different challenges but to tell you that being an entrepreneur is better than a paid job is that you see people under employment they still have other businesses or substitute source of income by the side. This buffers the point that diversification of income sources is the way to go and no man survives with just one stream of income. In the bible also, you see the great men being warriors , herders and farmers.

In our present day life, the challenges are of various degree but if the government plays a good role to provide support to SMEs it definitely goes above employed jobs, despite the hard or difficult time being self employed is more profitable if you get into the right kind of business that is set up close to the customers in need or the need of the society.

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August 08, 2022, 04:08:35 PM
 #10

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 most of us, especially in my country, one cannot survive with just one source of income. Working an office job is a secure source of income. Like the money will regularly enter your account. Unlike running a business, the money is not always there since most businesses have their slow days and their peak days. Unfortunately, most of the time, income from a job is not enough.

For me, to move forward, keep a regular job if you already have one. And in your free time, use it to run or establish your business. I still strongly believe that to be able to achieve financial freedom, you need to have your own business.  Do this until your business can sustain all your financial needs. Then when that time comes, you can quit your regular 8-5 job. It will be exhausting and most of the time it will drain you but if you do not do this, you will be stacked in whatever you are in right now. If you want to move forward, you have to sacrifice something. And for young people, it is their strength, body, and time they can give to be successful.
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August 08, 2022, 04:22:53 PM
 #11

actually easy, work is certain because we definitely get a salary every month, and some of the salary from your work you can use to form a business and if you have savings it doesn't hurt to start a business.
What I mean and what I'm doing now is, I have a steady job and also a business that has been running for a few months, my business started because I have savings and vice versa. There's nothing wrong with me planning to set aside some of my salary for working capital gradually.
Or apply for a loan as needed for your capital because you have a job that will be able to pay for it, but make sure the business is good and profitable.
back to my job and business, besides my job, I have a food stall or basic necessities from work savings. Since I have a regular job I will not be doing my own business, there is still a wife or other family member who can help or run the business and get paid.
so in my opinion both will be better and having a job is important because from work we can or are able to do anything including business, if not where will you get the capital from.

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August 08, 2022, 05:03:19 PM
 #12

What do you think is the way forward?


Flex hour freelance work like uber driving and amazon package delivering should become more common to fill gaps in normal work schedules. The average worker could need to work days off and multiple jobs to retain their standard of living.

There are rumors a high percentage of consumers are using credit cards to make purchases and even out inflation. This is a temporary solution at best.

A good portion of focus in entrepreneurship or being an employee is opportunity. The biggest opportunities at the moment are lack of manufacturing and productivity. Hopefully whatever gaps and shortages appear can eventually be addressed through modern means. Whether its high fossil fuel prices or food shortages.

A cultural shift towards relying less on corporations and the state is also greatly needed. People need to develop better relationships, organization and communication with community and family. See eye to eye with those in the same circumstances. And learn to cooperate. The opposite of divide and conquer.
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August 08, 2022, 05:25:51 PM
 #13

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?
If you are faced with a choice, then you need both.

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August 08, 2022, 06:06:43 PM
 #14

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?
If you are faced with a choice, then you need both.


Yes, if you're deeply hit by the inflation crisis, you shouldn't be contented with your previous salary. As much as possible, you should find alternatives of other ways to earn money if your earnings aren't enough. You could do an office job while handling a small business at the same time. Proper time management will work for you. However, if there will be conflicts, choose one thing that you can't let go. Consider the salary and earnings that you could earn as well as the job environment that you prefer.
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August 08, 2022, 06:10:53 PM
 #15

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.
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August 08, 2022, 06:33:09 PM
 #16

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 think doing a job and having a small entrepreneur project on side is a good option
One the project works then one can leave the job and work it full time.

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August 08, 2022, 07:23:42 PM
Merited by iamsheikhadil (1), Oluwa-btc (1)
 #17

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 ?
All of this begs the question: Who exactly are "they"?  Are we talking about those presumptuous morons on Youtube who play-act as gurus, telling people all about how rich they got by being an entrepreneur (and in the meantime make more money through Youtube's ad revenue than they probably made through whatever business they may or may not have had previously)?

Regardless, the fact is that not everyone can be an entrepreneur--and I'm defining that term to mean starting up your own business.  The reality is that most people need to be working those 9-5 jobs under someone else's management, else all of those public and private companies out there wouldn't be able to function--and that would be a nightmare.

Take some consolation from me if you're a worker bee, though.  It's still possible to become wealthy if you invest wisely and earn a decent wage.  I even clipped an article from a few years back about a gas station worker who lived to be 90-something, and when he died it was discovered that he was worth millions and owned tons of stock that he'd bought consistently throughout the years. 

So you don't need to strike out on your own and work 18 hours a day, putting all of your blood, sweat, and tears into a new business plan that probably won't succeed in order to become rich (if that's your goal).  That's a myth.

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August 08, 2022, 08:03:07 PM
 #18

I would prefer to be an entreprenuer rather than being an employee. If you're a real entreprenuer, you will not just give up easily just because your sales went down. Though it really became more difficult to manage a business because of inflstion rate, there are still some ways for a business to surivive. There are some people I know that closed their business establishment because of the pandemic but became more popular and earmed more profit when they promote their product on social media.

Being an employee is only good if your salary increases over the years because of your expertise in that particular field.
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August 08, 2022, 08:19:01 PM
 #19

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?
It's not difficult to decide even if let say there's only a small capital on hand because we can always borrow a money from someone else and then we can start our own business right away. Many prefers this because they are free to do what they want and no one can scold them but they can only scold their workers if they have some.

More important is that the income potential can be high than the rates that you can get working in an office job. If we know that our budget is only limited then we should not try to live like a king or to live in a comfortable lifestyle however I think that living outside your comfort zone do also have some benefits.
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August 08, 2022, 08:29:21 PM
 #20

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.

R


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August 08, 2022, 08:43:27 PM
 #21

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 often hear people say, Employees spend according to their income, but entrepreneurs earn by realizing expenses. Wink

However, I agree with you, In the current economic recession, the upward movement of commodities and the increase in oil prices have had an impact at all levels. The standard of living of those who are salaried officers of certain grades has become really miserable. If there are no capable consumers, then who will buy the products of entrepreneurs?

But yes, in the current economic downturn, I will give more importance to entrepreneurship than jobs, because if educated people become entrepreneurs instead of running after jobs, then the problem of unemployment will be removed and the sector in which they will become entrepreneurs will be greatly improved.

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August 08, 2022, 08:45:18 PM
 #22

I would prefer to be an entreprenuer rather than being an employee. If you're a real entreprenuer, you will not just give up easily just because your sales went down. Though it really became more difficult to manage a business because of inflstion rate, there are still some ways for a business to surivive. There are some people I know that closed their business establishment because of the pandemic but became more popular and earmed more profit when they promote their product on social media.

Being an employee is only good if your salary increases over the years because of your expertise in that particular field.

It depends on the capability of the person himself. Some are just happy being an employee.
But if you have other goals in life, and you have passion to set-up your own business, why not?
You own your time and you are working for yourself. You can't easily give up because that's your business itself.
In every business, there are ups and downs, so you should not give up easily if you want to survive.
Later on, you will thank yourself for not backing down. At the end of the day, just follow what your heart desires.
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August 08, 2022, 08:52:48 PM
 #23

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?


As if you do have another choice? For sure you would be sticking on that 8-5 job of yours even though it isnt really something enough to live a comfortable life considering the inflation and skyrocketing price of
needs then you would really be having that struggle thats why you would really be still that dedicated on continuing and what are  the things needed to move forward? If you do still have the time
and vacant to extent out on some business or other jobs for another source of income then do it because if you do really plan to have at least that improved lifestyle
and survive in daily living then it would really be normal to have these considerations in mind.

R


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August 08, 2022, 08:55:48 PM
 #24

At this point, to say the truth I'm opened to any opportunities disponible doesn't matter if I'm going to be the boss or the employee. The important is to have work to do and an income to earn.

Entrepreneurship looks great, but if you don't have a large network of contacts and relationships or if you are an introspective person it becomes quite difficult to thrive.

Moreover the responsabilities of being a boss are bigger than when being an employee, so you have to calculate if the money you are making worth the function you have to execute on the business.

Sometimes an employee from a influent company earns more than a solitary entrepreneur working by himself, but who has to carry the whole business on his back...

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August 08, 2022, 09:28:41 PM
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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.

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August 08, 2022, 10:45:26 PM
 #26

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).
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August 08, 2022, 10:58:44 PM
 #27

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 people

who 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.

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August 08, 2022, 11:26:55 PM
Last edit: August 09, 2022, 04:24:56 AM by mm2543363580
 #28

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.
I did office job for  approx 16 years of. my life ....
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.

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August 08, 2022, 11:32:56 PM
 #29

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.

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August 09, 2022, 02:19:42 AM
 #30

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.
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August 09, 2022, 03:07:39 AM
 #31

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.

R


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August 09, 2022, 07:03:30 AM
 #32

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.

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August 09, 2022, 07:08:50 AM
 #33

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.
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August 09, 2022, 07:53:00 AM
 #34

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.

R


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August 09, 2022, 08:06:06 AM
 #35

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.

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August 09, 2022, 08:33:40 AM
 #36

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.

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August 09, 2022, 10:30:45 AM
 #37

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.


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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.

.
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August 09, 2022, 10:48:06 AM
 #38

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.
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August 09, 2022, 11:13:44 AM
 #39

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!

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August 09, 2022, 12:18:21 PM
 #40

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.

R


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August 09, 2022, 01:04:26 PM
 #41

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.

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August 09, 2022, 01:10:23 PM
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 #42

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.

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August 09, 2022, 01:29:40 PM
 #43

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.

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August 09, 2022, 01:32:51 PM
 #44

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.

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August 09, 2022, 01:41:42 PM
 #45

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.
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August 09, 2022, 03:12:47 PM
 #46

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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August 09, 2022, 05:50:51 PM
 #47

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
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August 09, 2022, 06:21:13 PM
 #48

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.

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August 09, 2022, 09:52:12 PM
 #49

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.

R


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August 10, 2022, 03:00:15 AM
 #50

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
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August 10, 2022, 07:48:53 AM
 #51

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.
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August 10, 2022, 08:08:30 AM
 #52

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.

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August 10, 2022, 08:20:37 AM
 #53

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.

R


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August 10, 2022, 04:42:04 PM
 #54

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

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August 10, 2022, 05:05:58 PM
 #55

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.

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August 10, 2022, 05:16:12 PM
 #56

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.

R


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August 10, 2022, 07:48:24 PM
 #57

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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August 10, 2022, 08:00:08 PM
 #58

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.

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August 10, 2022, 08:59:30 PM
 #59

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.
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August 10, 2022, 10:28:33 PM
 #60

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. 

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August 10, 2022, 10:57:29 PM
 #61

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.

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August 10, 2022, 11:29:55 PM
 #62

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.

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August 10, 2022, 11:32:21 PM
 #63

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.
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August 10, 2022, 11:49:26 PM
 #64

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.

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August 10, 2022, 11:58:22 PM
 #65

It all depends on someone's preference of life since there are factors that do affect your decision whether you want to pursue entrepreneurship or just go with the casual 9-5 hours work almost everyday 'til you get old. Entrepreneurship is hard in the first place and never will be an easy task but once you survived on that hardship the reward is great.

Inflation is the only problem when you are the casual working from 9-5 since there's no increase in your salary plus the prices of your daily needs getting higher and higher. While some choose to find another part-time job just to sustain their daily needs and I think being an entrepreneur is just great compared to working the casual 9-5 hours.

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August 11, 2022, 02:20:17 AM
 #66

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 ?
All of this begs the question: Who exactly are "they"?  Are we talking about those presumptuous morons on Youtube who play-act as gurus, telling people all about how rich they got by being an entrepreneur (and in the meantime make more money through Youtube's ad revenue than they probably made through whatever business they may or may not have had previously)?

Regardless, the fact is that not everyone can be an entrepreneur--and I'm defining that term to mean starting up your own business.  The reality is that most people need to be working those 9-5 jobs under someone else's management, else all of those public and private companies out there wouldn't be able to function--and that would be a nightmare.

Take some consolation from me if you're a worker bee, though.  It's still possible to become wealthy if you invest wisely and earn a decent wage.  I even clipped an article from a few years back about a gas station worker who lived to be 90-something, and when he died it was discovered that he was worth millions and owned tons of stock that he'd bought consistently throughout the years. 

So you don't need to strike out on your own and work 18 hours a day, putting all of your blood, sweat, and tears into a new business plan that probably won't succeed in order to become rich (if that's your goal).  That's a myth.
These days everyone is just advised to become an entrepreneur not minding if such person's have an interest into being an entrepreneur or not, and this is based on the fact that there are just little or no job out there so many persons just wake up one day and tend to inbibe an entrepreneur vibe without a rigorous check on themselves if there's an interest or love towards such path they're about to tread, and due to this when challenges and storms arises you see them cower back to their shell as they feel overwhelmed by it all.

So it's better people trying to know their area of interest either as a job seeker or a self employed entrepreneur.

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August 11, 2022, 03:24:23 AM
 #67

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.
You are right. This is a very beautiful process and often typical people like this will succeed when starting their own business because they have gained business experience. If in the course of managing your own business you fall, this type of person is ready to accept the risk. Another important point, he could understand the condition of the subordinates.

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August 11, 2022, 05:32:28 AM
Merited by fillippone (6)
 #68

It's hard to decide knowing the current problems and the current situations that we are facing right now but one thing is for sure, we must grind and work every single day in order to survive. Whether you are an entrepreneur or an employee, we must work hard whatever happens for us to survive.

Being an entrepreneur really is hard and not all people can be an entrepreneur but anybody can be an employee. You need to adjust on what's happening around you because you have many competitors and you will compete with each other. On the other hand, there are some employees especially of those in private companies who learned what a business owner is doing and then made an huge transition from being an employee to now a business owner. Some of them are successful and some are not. In the end, it depends on the person itself. There are some people who are happy being an employee for some reasons and there are some who are happy to be an entrepreneur for some reasons.

There is a huge difference between the 2 though.
Being an entrepreneur is harder than being an employee but the reward that you will get if you become a successful one can change your life completely.
Being an employee will not make you rich because TBH, I didn't heard any single employee who became a millionaire just by working 9-5. All of the rich people in the world are all businessmen.

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August 11, 2022, 06:08:18 AM
 #69

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.
You are right. This is a very beautiful process and often typical people like this will succeed when starting their own business because they have gained business experience. If in the course of managing your own business you fall, this type of person is ready to accept the risk. Another important point, he could understand the condition of the subordinates.

Being a successful entrepreneur cannot be obtained instantly, we do need to go through a long process. So never give up if our efforts fail,
we must accept the risk and we must learn from the failure. If indeed we are not ready for failure, it seems that being an entrepreneur is
not suitable for us. Being an office employee who earns a steady income is suitable for people who don't want to experience failure when
building a business. Because I like challenges and don't want to be controlled by other people, therefore being an entrepreneur is my passion.

Even quite a lot of office employees who have a steady income turn into entrepreneurs, because it is considered to be an office employee
a boring activity, because they undergo the same routine every day. After all, the advantages of being an entrepreneur can be much greater
than office employees, depending on how hard we work. But in the end, it's up to each of us to do which one is more comfortable. Which is
sure to run both at the same time will not give maximum results. So my advice is that we should choose one of them, whether we want to be
an office worker or an entrepreneur.

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August 11, 2022, 06:09:16 AM
 #70

You are right. This is a very beautiful process and often typical people like this will succeed when starting their own business because they have gained business experience. If in the course of managing your own business you fall, this type of person is ready to accept the risk. Another important point, he could understand the condition of the subordinates.
Such a person will usually also find it easier to be the boss of his own business because he really understands how to be a subordinate and how it hurts when he fails in his own business. Because on the other hand people who dare to take risks by running their own business are very extraordinary people and also very fast in finding every super bright idea. But I always have a hard time finding such a person now because the average young person nowadays always doesn't want to go out of his comfort zone and accept every new challenge.
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August 11, 2022, 09:26:10 AM
 #71

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.
Any job is actually boring if you don't have an interest with it. I think that on each job, there is always people that enjoys it. Someone that like talking phone calls and then using the internet won't be bored in an office job. When you work in an office you also have your co workers. You can chit chat with them while working. I think some boss will allow it as long as you are still working continuously. That is another thing that can cut boredom.

If you are an entrepreneur, usually there is only limited people in your workplace or sometimes you are the only one that displays and sells your products although you can still interact with your customer. Being rich is not important but what important is we enjoy our job and we can earn money that is enough to pay bills and then eat what we love.
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August 11, 2022, 09:46:26 AM
 #72

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 not keep both? While I understand that you cannot serve two masters at once, you can use your office job as a startup in order to build that capital needed for your business in the future. Being an entrepreneur means that you have to sacrifice your time and focus on developing something that the public would need.

If you lack the business capital for the business, then I highly suggest to earn money using your job in order to fund it for your business. Investing into cryptocurrencies may provide an extra layer of security as this may guarantee profit depending on its price on the market.

Honestly, I believe that everyone is wanting to do this, but in reality, it is not possible. How can you manage your business when you have to work at least 8 hours/day at the office, how can you handle all the work.

We can sacrifice our time to solve the work but it is very difficult to ensure a smooth completion of the work. We should focus on one thing at a time, then we can use our full strength to bring out our full potential.

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August 11, 2022, 11:29:06 AM
 #73

Honestly, I believe that everyone is wanting to do this, but in reality, it is not possible. How can you manage your business when you have to work at least 8 hours/day at the office, how can you handle all the work.

We can sacrifice our time to solve the work but it is very difficult to ensure a smooth completion of the work. We should focus on one thing at a time, then we can use our full strength to bring out our full potential.

There are still 16 hours left in a day to manage own business Smiley Some people require only 5-8 hours of sleep. Plenty of time to left for own business. As it is an own business, you can set working hours yourself, no one forces you to work full 8h shift. Work 2-3 hours and free to go. Having an office and own business is possible, just dont expect huge incomes from own business. A lot depends from what kind of own business you like to start. Giving private consultations require much less time compared if you want to work as a mechanic and be shifting gear oriented. Yet still a lot depends from experience.

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August 11, 2022, 11:41:04 AM
 #74

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 don't want to be stuck in the office with bunch of paperwork and stressful environment. Why not go and try to be on the sales department (field), you're not only earning an hourly rate, it would give you commissions and incentives as well. Most of the time commission+incentives are way higher than your daily salary. Though it is still stressful when you have a boss.
Therefore, entrepreneurship is the way to move forward, because it is you as the boss and will possibly get unlimited income.

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August 11, 2022, 01:35:27 PM
 #75

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.

PS, I think someone should not find it difficult in making such a decision because this is something that has to do with the well-being of the person. OP, I believe the economy of every country is not the same so despite the hardship in some countries other countries' economies are still enjoying a rapid growth and development. Becoming your own boss will be preferable than working under someone no matter the economic situation because you will have time and you will make more funds for yourself if your establishment is well financed by you as you will be more serious with the management .

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August 11, 2022, 05:15:33 PM
 #76

I agree with the part that wages are no longer enough to keep up with the prices. However, being an entrepreneur is not for everyone. And even if you're skilled, luck also play a part, else everyone would have business. Unfortunately many businesses don't make it through their first year.
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August 11, 2022, 08:33:36 PM
 #77

IMO, it's entrepreneurship if you have the money for capital.
About the hardships in finding buyers, social media is an open space where most people are hanging around buying everything 24/7. That the target for marketing the products.
There will always be a way when it comes to business but being an employee for a company, there is no other way and going up in ranks is a difficult tasks especially when there's a lot of people aiming the same spot. 
Even when you are giving promotion, your income is still limited. Even if you are capable to do more than that, but as an employee, you will be less waged compared to your own boss. Unlike when you are in your own business, your income is limitless since you can do everything that can increase your sales and gain more income. That is why a lot have taken the risk and manage their own business the moment they become ready both financially and emotionally because it’s where they can attain their own breakthrough and become financially independent.

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August 11, 2022, 10:21:55 PM
 #78

IMO, it's entrepreneurship if you have the money for capital.
About the hardships in finding buyers, social media is an open space where most people are hanging around buying everything 24/7. That the target for marketing the products.
There will always be a way when it comes to business but being an employee for a company, there is no other way and going up in ranks is a difficult tasks especially when there's a lot of people aiming the same spot. 
Even when you are giving promotion, your income is still limited. Even if you are capable to do more than that, but as an employee, you will be less waged compared to your own boss. Unlike when you are in your own business, your income is limitless since you can do everything that can increase your sales and gain more income. That is why a lot have taken the risk and manage their own business the moment they become ready both financially and emotionally because it’s where they can attain their own breakthrough and become financially independent.
There's no such thing about being enough because even how many times you would be promoted but if your living standards or lifestyle upgraded as well then it wouldnt really be just still enough.
You would definitely be not that contented and as a part of human nature is on where you do see salary raise or promotion then you would be thinking lots of things in your mind
that you would need or like to buy. This is a very normal human nature and if you are really that wishing on having a good financial freedom or state then it would be that normal
you would be thinking about having another source for it to make it possible.

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August 11, 2022, 10:27:33 PM
 #79

It is a matter of choice and also a matter of capabilities. What can you do? Are that smart to make independent decisions and still stand by them? Can you handle a business? Some persons cannot work without being under supervision. Some people cannot make decisions of their own and cannot take responsibilities. Then, you have no business being an interprenue. Keep working for someone, get savings and make investments, especially if you have job security.

But for the smart minds, you can combine both if especially you control your time. You don't have to work yourself up for hours for someone.

Then, you forgot the third option. Have your own business  or work for someone and combine same with freelancing. It could make more sense.

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August 12, 2022, 02:19:14 AM
 #80

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.
While the economic conditions may be adverse it makes more sense to try to be our own boss right now, after all many companies are not hiring new personal and they could begin to fire some of their employees if things get worse, if you are your own boss no one can really fire you while you keep most of the money you earn, and while being you own boss is harder as now you need to assume more responsibilities at the same time I think it is a route worth taking.
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August 12, 2022, 02:48:07 AM
 #81

Starting up a business is not easy otherwise many people would be their own boss by now, for business to grow, established and successful, you need to dedicate a lot of time, effort and money.

As a worker with very little income it will be hard to start up a business with what you earn, taking a loan from the bank is risky but with determination you can succeed otherwise you will be in serious debt.

Job's are different, there are Job's with very high income that can support a high standard of living and don't require any additional source of income. Such are not for everyone. However, as a low income earner it will be better to have both although it is not an easy ride.

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August 12, 2022, 07:37:49 AM
 #82

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, in the current economic situation, it is advisable to combine entrepreneurship and employment. 

Both of these income generation options have their advantages and disadvantages.  Entrepreneurship allows (in theory) to have an unlimited income.  At the same time, taking into account the current economic situation, it is advisable to abandon all unnecessary expenses (for example, a physical office). 

Everything should be directed solely to making a profit.  Employment is a constant and stable cash flow. 

At the same time, the employer most likely will not index your wages for inflation.

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August 12, 2022, 12:40:27 PM
 #83

Honestly, I believe that everyone is wanting to do this, but in reality, it is not possible. How can you manage your business when you have to work at least 8 hours/day at the office, how can you handle all the work.

We can sacrifice our time to solve the work but it is very difficult to ensure a smooth completion of the work. We should focus on one thing at a time, then we can use our full strength to bring out our full potential.

There are still 16 hours left in a day to manage own business Smiley Some people require only 5-8 hours of sleep. Plenty of time to left for own business. As it is an own business, you can set working hours yourself, no one forces you to work full 8h shift. Work 2-3 hours and free to go. Having an office and own business is possible, just dont expect huge incomes from own business. A lot depends from what kind of own business you like to start. Giving private consultations require much less time compared if you want to work as a mechanic and be shifting gear oriented. Yet still a lot depends from experience.
This is what I am thinking at the moment. It is true that there are 16 hours left in a day, for a startup, sleeping less than 6 hours a day is understandable. But the problem will depend on your business, what field you are in and what products you are dealing in.  As most of us know business will often fall during office hours instead of other time frames. If your business operates at night and it doesn't coincide with your office work then of course it doesn't matter.

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August 12, 2022, 01:50:12 PM
 #84

Starting up a business is not easy otherwise many people would be their own boss by now, for business to grow, established and successful, you need to dedicate a lot of time, effort and money.
Those are just the basic things that someone who's going to enter a business shall have. There are successful businessmen that are still working their ass with many endeavors and won't settle with just one business. It's because they understand that not until their businesses are established, do they need to look for other sources that will make them satisfied to earn as much as they can. But as they start, it's understandable that they need to be open-minded with any possible result.

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August 12, 2022, 03:23:50 PM
 #85

If we will seek a piece of advice from entrepreneurs or from businessmen, we certainly are hearing to run a business by doing like them. But if you are asking for an opinion from workers/employers, to get a job is what you hear. In this case, we better not ask anymore but rather think deeply and decide on our own. Of course, we think about the future, not just today or tomorrow but it gonna be many years from now.

If we want to become rich - be an entrepreneur
But if we want to take no risk - then be an employee until we still have the strength to work


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arwin100
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August 12, 2022, 03:57:58 PM
 #86

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 not select both? You can find a job and try to earn some passive income there while you are starting up your business because if you think about your future then doing this will be more ideal to you. Since if you only make your business as your bread and butter then this one fail then for sure you will be broke. So select what's best and leave only your job if you see your business growing or been successful already.

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August 12, 2022, 04:18:21 PM
 #87

Definitely an entrepreneur for me. How do you even compare that?
Working under someone could be so stressful and pathetic. You don't even get paid what you deserve but, 10-20 percent of what you generate on the whole and you get to go through all the stress. Not to mention that in my part of the world, there are times so outside work hours when your employer gets to call you at an ungodly hour to carry out a task for which, your likely not going to receive incentives for. You just get your usual pay cheque and you don't dare argue about it.

If you've gone through this, you would definitely want to be your own boss but, it comes with a lot of discipline not to play or shy over work hours, to distance yourself from company funds and be sure to manage others squarely.
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August 12, 2022, 06:40:43 PM
 #88

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.
Making your own business may not be easy, but at the very least you are in control and you decide what you should do, and if you fail at least you know that you failed yourself and not because of anyone else. Whereas, when you are working for someone else, you see all these wrong things going on, and you keep on thinking that you should be in charge because you would do it a better way.

On top of that, they pay you just peanuts compared to what you earn them, and they will keep on making sure that they are the ones who gets the profit first. While they are in shopping spree at Milano, you will be having hard time paying your debts off. Hence, having your own is hard work, harder than working for someone else, but it's much better when it comes to getting paid.

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August 15, 2022, 02:32:14 AM
 #89

On top of that, they pay you just peanuts compared to what you earn them, and they will keep on making sure that they are the ones who gets the profit first. While they are in shopping spree at Milano, you will be having hard time paying your debts off. Hence, having your own is hard work, harder than working for someone else, but it's much better when it comes to getting paid.
The one thing i have learnt in past years of my work experience is that.
Job is not going to bring you to anything. It brings in money at the end of the month. But it does not bring in any thing else. You job is a phone call and an email away. so be careful - you can lose job anytime . .
Decades ago you could expect to work in a single company for your entire life so there was a sense of belonging to that company, but now that is not the case, we know that we can be fired at any moment and as such there is no loyalty to any company, it is because of this that is important to try to become your own boss, we all know that this is something difficult to do but if you are able to do it then you're probably never have to worry about losing your source of income because of the decision of someone else.
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August 15, 2022, 03:59:03 AM
 #90

For me it's entrepreneurship for sure.with the current rates of inflation I think office jobs are not going to pay much in future. We need to sow are own wheat rather than working in someone else's field. With the kind of global dynamic environment for entrepreneurship now, I think there is nothing better than putting our ideas in action.. so for me yes it's entrepreneurship and Bitcoin of course...
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August 15, 2022, 07:25:32 AM
 #91

What do you think is the way forward?

There is no answer to this question that works for all! Each of us is different... different characters, set of skills, possibilities, environment, etc.! Everyone should look at themselves and their situation, and make a decision based on that what is best and which way to go!

After all, why not do both in the beginning?! Aside from office jobs, many people look for some additional sources of income... if that additional thing you do starts bringing higher profit than an office job, and you see there's an opportunity to develop it even more if you dedicate more time to it, you should go for it!

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August 15, 2022, 12:18:23 PM
 #92

For me it's entrepreneurship for sure.with the current rates of inflation I think office jobs are not going to pay much in future. We need to sow are own wheat rather than working in someone else's field. With the kind of global dynamic environment for entrepreneurship now, I think there is nothing better than putting our ideas in action.. so for me yes it's entrepreneurship and Bitcoin of course...

It still depends on the salary of an individual and which field he is working. Some people are contented with their jobs because their field of work provides them a salary that is more than enough that they are able to make investments.

I do agree that entrepreneurship will give people more money especially if you are a minimum-wage earner but being a successful entrepreneur is not easy to achieve because we don't know if the product or business that we are going to establish will become popular and will last for many years.
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August 15, 2022, 03:35:19 PM
 #93

For me it's entrepreneurship for sure.with the current rates of inflation I think office jobs are not going to pay much in future. We need to sow are own wheat rather than working in someone else's field. With the kind of global dynamic environment for entrepreneurship now, I think there is nothing better than putting our ideas in action.. so for me yes it's entrepreneurship and Bitcoin of course...

It's always been entrepreneurship. Jobs is most of the time not gonna make you rich.
But not everyone knows how to handle their own business are only dependent on working for the others or having boss.
IMO, working for your boss ain't really that bad in terms of income as long as you're in the sales department which will make you earn commissions and incentives. Being in the office will only have a limited amount of income most of the time.

R


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coupable
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August 15, 2022, 05:53:47 PM
 #94

For me it's entrepreneurship for sure.with the current rates of inflation I think office jobs are not going to pay much in future. We need to sow are own wheat rather than working in someone else's field. With the kind of global dynamic environment for entrepreneurship now, I think there is nothing better than putting our ideas in action.. so for me yes it's entrepreneurship and Bitcoin of course...

It's always been entrepreneurship. Jobs is most of the time not gonna make you rich.
But not everyone knows how to handle their own business are only dependent on working for the others or having boss.
IMO, working for your boss ain't really that bad in terms of income as long as you're in the sales department which will make you earn commissions and incentives. Being in the office will only have a limited amount of income most of the time.
The psychological comfort provided by office occupancy or even rent work to perform small tasks cannot be compared with the psychological exhaustion that the project owner is exposed to. Although I am convinced that self-employment offers a better life than a desk job, I cannot advise anyone to give up their permanent job and start their own business.
It can be said that this depends on the psychological makeup of each person and his willingness to take risks. This will be at the expense of his time and mental abilities .
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August 15, 2022, 06:16:04 PM
 #95

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.
There is no reason to quit from jobs, or to quit from one's own business because the economic situation is giving us a hard time to cope with it. There are even much more reasons to try harder and work harder so we can overcome the outbreak and sustain all our family's necessities as they cannot be simply ignored. If we can continue being employed, at the same time working on our own business idea, i guess that will be great and will be very helpful not to feel the inflation that the world is throwing on us right now.

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Fortify
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August 15, 2022, 06:51:15 PM
 #96

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?

It can actually be quite sensible for most people to settle into an "office" or other white/blue collar job because quite simply, most people aren't cut out to be an entrepreneur. That is not intended as an insult, more as an observation that it is not the fun lifestyle that you might see portrayed in certain movies - it requires sustaining your living costs, juggling all aspects of a business (admin, finances, support, producing products and services, etc) and can be highly stressful for a long time before it actually becomes profitable, if it ever does. Most people are quite content with letting other people direct, organize and manage the logistics involved. Then can then walk away with a paycheck and if they wanted, invest that in small chunks of a company in the form of stock market shares.

R


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August 15, 2022, 07:42:14 PM
Merited by The Sceptical Chymist (3)
 #97

A business class and a business seminar which I have attended identify three (3) quatrans, which is also known as the three elements of job in one life. These elements are: E, S and I. The E stands for Employment: almost every graduate from university or any tertiary institutions want to be employed and secured a well paid job from the government. Now if you are finally employed by the government and you have been paid by $500 monthly. Through this $500 you will pay your bills, school fees of children, buy clothes, buy fuel for generator, gas for car, maintain you wife and others in the family and at the end of two to three weeks the salary has been exhausted. And I may say 90% of the graduates are in this category. While the S stand for Self-employed. Out of the remaining 10%, 5% is in this category. The owners of the business also pay tax, and other bills as the E. but the income of the S is irregular so it is more preferable. Then the I stands for Investment, In investment you are making income invisible so there is no taxation in it. Therefore, above all, Investment is the best option for the three elements. Entrepreneur is good but investment is better.

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August 15, 2022, 08:08:36 PM
 #98

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.
If we always keep doing what we used to do, then we will never see improvements after all. The best thing to do is never settle for anything less, always get out from your comfort zone and explore better opportunities that will help you get out from your current financial status. Although it does not mean leaving your day job completely as it would be somewhat risky, but always make sure to engage in side businesses that are proven effective because its highly in demand. That way, you don't have to choose whether to stick to your office job or shift to entrepreneurship.

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August 15, 2022, 08:11:06 PM
 #99

I'd certainly take some money on an office job first before I dive into entrepreneurship. A lot of millionaires are advocating for entrepreneurship because let's be honest, these guys didn't make their millions by working a 9-5 job, but some of them certainly came from that route before entering the world of entrepreneurship. Personally I'd choose selling some stuff to other people and make a profit off of it if I didn't get some promotions on my job. The freedom and the knowledge alone that you'll gain in setting up your business is already worth the risk.

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August 15, 2022, 08:33:40 PM
 #100

I don't want to be stuck in the office with bunch of paperwork and stressful environment. Why not go and try to be on the sales department (field), you're not only earning an hourly rate, it would give you commissions and incentives as well. Most of the time commission+incentives are way higher than your daily salary. Though it is still stressful when you have a boss.
Therefore, entrepreneurship is the way to move forward, because it is you as the boss and will possibly get unlimited income.
If you want to build a company, I guarantee you that you will be stuck in an office with a bunch of papers, or at least in your house in front of a PC and you would read and agree on a bunch of things. Nobody that grew big, became big without reading and signing bunch of papers, you gotta do that for it to make sense. Of course, you could grow to a regular size, but nothing major and it would not be a big deal in the long run at all.

I believe that entrepreneurship became easier thanks to digital world, but that’s still valid only to a point, when you grow too big, like enough to make sure that your living comes from there and it is not a side income anymore, then you need an office and papers.
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August 15, 2022, 08:43:40 PM
 #101

IMO, it's entrepreneurship if you have the money for capital.
About the hardships in finding buyers, social media is an open space where most people are hanging around buying everything 24/7. That the target for marketing the products.
There will always be a way when it comes to business but being an employee for a company, there is no other way and going up in ranks is a difficult tasks especially when there's a lot of people aiming the same spot. 
If you can have them both, then there will be bigger chances of good income that will enter your wallet. However, since everyone of us has its own target goal, some people take the risk and leave their jobs to step into a new milestone with pure business or investment. Taking profits is not easy but if the person is working hard to make his business succeed, then its always possible to end up with huge profits. Although not all were lucky to make their business works, but there's no harm in trying if you are just willing to take the risk.
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August 16, 2022, 01:31:54 AM
 #102

IMO, it's entrepreneurship if you have the money for capital.
About the hardships in finding buyers, social media is an open space where most people are hanging around buying everything 24/7. That the target for marketing the products.
There will always be a way when it comes to business but being an employee for a company, there is no other way and going up in ranks is a difficult tasks especially when there's a lot of people aiming the same spot.  
If you can have them both, then there will be bigger chances of good income that will enter your wallet. However, since everyone of us has its own target goal, some people take the risk and leave their jobs to step into a new milestone with pure business or investment. Taking profits is not easy but if the person is working hard to make his business succeed, then its always possible to end up with huge profits. Although not all were lucky to make their business works, but there's no harm in trying if you are just willing to take the risk.

Ideally it would be better to do both, but I have experience being an office worker as well as running a business. The results are less than optimal,
because I am tired and sometimes I don't focus on working in the office. Every human being has limited abilities, so choosing one between business
or office jobs will be much better. If we focus on running one we can get maximum results. Because running a business, it's better if we have
capital first, so my advice there's nothing wrong with working in an office to gain work experience and also be able to save money for business capital.
After we work a few years in the office, and our savings are enough to open a business. Then we can resign from our jobs and can try to open a business,
planning like that is better in my opinion than having to run all at once.

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August 16, 2022, 02:48:19 PM
 #103

It's always been entrepreneurship. Jobs is most of the time not gonna make you rich.
But not everyone knows how to handle their own business are only dependent on working for the others or having boss.
IMO, working for your boss ain't really that bad in terms of income as long as you're in the sales department which will make you earn commissions and incentives. Being in the office will only have a limited amount of income most of the time.
Office jobs won't make you rich but they have a lot less risk as well. I am a freelancer so I am both a bit entrepreneur but also an employee at the same time, so I can easily say that people who like to work for others are doing it not because they love that, everyone would love to be the CEO of a billion dollar company, actually I think would probably prefer if they just sold it for a billion dollars and retire as a rich person lol.

But at the end of the day, you can't because many people are afraid of spending that much money. With all the things I own, if I sold them all, I could start a business very easily but I am not going to do that because it makes no sense at all to risk that much for a potential big loss.
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August 16, 2022, 03:14:06 PM
 #104

To be a successful Entrepreneurship is certainly not easy, it takes special skills and of course a long time, but I try to become an Entrepreneurship, time and financial freedom is the reason for us to become Entrepreneurship, while working is very dependent on the company which whenever and whenever we can go out .
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August 16, 2022, 03:16:18 PM
 #105

I don’t think this has changed much over the years in terms of creating and starting a business or choosing a “normal” 9-5 job “working for the man”.  I mean when you ask what’s the way forward, well if you think you can create a job that would be successful then I think it’s worth trying. But that’s just so extremely difficult to do.

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August 16, 2022, 06:55:55 PM
 #106

It's always been entrepreneurship. Jobs is most of the time not gonna make you rich.
But not everyone knows how to handle their own business are only dependent on working for the others or having boss.
IMO, working for your boss ain't really that bad in terms of income as long as you're in the sales department which will make you earn commissions and incentives. Being in the office will only have a limited amount of income most of the time.
Office jobs won't make you rich but they have a lot less risk as well. I am a freelancer so I am both a bit entrepreneur but also an employee at the same time, so I can easily say that people who like to work for others are doing it not because they love that, everyone would love to be the CEO of a billion dollar company, actually I think would probably prefer if they just sold it for a billion dollars and retire as a rich person lol.

But at the end of the day, you can't because many people are afraid of spending that much money. With all the things I own, if I sold them all, I could start a business very easily but I am not going to do that because it makes no sense at all to risk that much for a potential big loss.
You don't need to sell all your patrimony to invest in a self-owned business, though. If you really have a desire for being your own boss and driving the company by your own rules and goals, I think it may worth a try to start something small, just as an experiment. If the concept works for real and the generated profit is decent, you can grow it progressively within time.

On the other hand, if the business doesn't have any perspectives, you won't lose your entire funds on it, since it is going to be just an extra or side job.

We have to be responsible, but at same time we shouldn't disallow ourselves doing things that will be pleasant and even rewarding as learnship. Life is too short and to try new things is a very important aspect to keep ourselves in constant movement and renovation.

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August 16, 2022, 07:53:03 PM
 #107

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?


This your concept don't have anything to do with the economic situation of the country. I believe that the economic situation of any country, actually that's making it to be tougher is the management and the strategic ways of the way government of a particular country governor such environment.thats from my perspective. You answering boss, it's basically depend on your field of discipline.

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stomachgrowls
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August 16, 2022, 08:12:55 PM
 #108

For me it's entrepreneurship for sure.with the current rates of inflation I think office jobs are not going to pay much in future. We need to sow are own wheat rather than working in someone else's field. With the kind of global dynamic environment for entrepreneurship now, I think there is nothing better than putting our ideas in action.. so for me yes it's entrepreneurship and Bitcoin of course...

It's always been entrepreneurship. Jobs is most of the time not gonna make you rich.
But not everyone knows how to handle their own business are only dependent on working for the others or having boss.
IMO, working for your boss ain't really that bad in terms of income as long as you're in the sales department which will make you earn commissions and incentives. Being in the office will only have a limited amount of income most of the time.
But we know that marketing stuffs wont really be that simple and if it would be commission based then to those people who arent that able to make sales wont really be gaining something or getting some

extra and this is why it would really vary person to person since not all does have the skills even if you are been put up on the said position or job.Sooner or later you would really be replaced because this

spot would really be performance based which means if you arent doing well then you do know on whats next. Cheesy Having a boss is neither pleasant or non but
for those people who are just limited in terms of skills and other opportunities, then they do really have other choice?

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August 16, 2022, 09:45:50 PM
 #109

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 guess the experience you've shared here captures the Africa situation with entrepreneurs/business owners on one hand and the civil servants on the other hand struggling to make ends meet. In all, it's a sad reality on both fronts as cost of running businesses in Africa has gone very high to the point that maintaining and servicing such businesses have become unsustainable. However, I rather become an entrepreneur than a salary earner.

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August 17, 2022, 07:41:12 AM
 #110

Everyone certainly wants to be Entrepreneurship, freedom of time and finance is fun, but it's impossible for everyone to be Entrepreneurship, and many people have failed so that it makes life difficult, I am currently working and want to become Entrepreneurship so I can do my hobby. hindered by working in the office.
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August 17, 2022, 08:08:40 AM
 #111

Entrepreneurship and office jobs can be compared with short and long term investment. When you work in office you get paid/income/profit instantly (basically weekly or monthly), but if you start your own business, you can wait for your first real income for ages. Similar to investment, to start your own business, you must do market research. If you are not experienced with that, lazy, or simply dont want to spend time on it, then the you are gonna work for have already done it for you.

R


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Hamphser
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August 17, 2022, 09:34:51 PM
 #112

Entrepreneurship and office jobs can be compared with short and long term investment. When you work in office you get paid/income/profit instantly (basically weekly or monthly), but if you start your own business, you can wait for your first real income for ages. Similar to investment, to start your own business, you must do market research. If you are not experienced with that, lazy, or simply dont want to spend time on it, then the you are gonna work for have already done it for you.
You would really be needing to act or do some work if you are really that mindful on enhancing yourself when it comes to financial matter.You could actually do both things but it would require proper time management

because you would definitely able to mess up schedule or handling out your time if you do get involved on different things thats why it would really be that hard on having multiple things to be done.

If you are really that serious on improving yourself towards finances then you would need to work hard x2 plus having those goals or set up plans in mind for it to be done.

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August 18, 2022, 05:43:29 AM
 #113

For me it's entrepreneurship for sure.with the current rates of inflation I think office jobs are not going to pay much in future. We need to sow are own wheat rather than working in someone else's field. With the kind of global dynamic environment for entrepreneurship now, I think there is nothing better than putting our ideas in action.. so for me yes it's entrepreneurship and Bitcoin of course...
The unemployment rates are way higher than what the governments let you know as they manipulate the statistics so they do not look as bad as they really are, and if we add that many jobs are being automated then it is important to look for a source of income that we create for ourselves, obviously this is not something easy to do, but we have to try as an office job will never allow you to reach the financial freedom that most of us want to achieve.
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August 18, 2022, 06:58:58 AM
 #114

If you are really that serious on improving yourself towards finances then you would need to work hard x2 plus having those goals or set up plans in mind for it to be done.

Working twice as hard not always help. For example, I am working in the office. If I work harder, I will get same monthly salary, because the amount of it is written in my contract. Sometimes there is not enough work for me to be able to work harder. Or I can do two days job in 1.5 days and spend rest of the working time doing minor tasks and browsing the internet. But, if I get caught "not working", I will definitely gonna get a warning. Basically working harder might play bad for me. In addition my work is dependable from data I get from other colleagues.

That is why I prefer having an office job, spend time on learning crypto and trading analysis, and in addition doing sort of a freelance crafting work or "being a helper". Dont have time and experience for entrepreneurship, but managed to organize my time in best possible way.

R


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August 18, 2022, 08:17:15 AM
 #115

You are right. This is a very beautiful process and often typical people like this will succeed when starting their own business because they have gained business experience. If in the course of managing your own business you fall, this type of person is ready to accept the risk. Another important point, he could understand the condition of the subordinates.
Such a person will usually also find it easier to be the boss of his own business because he really understands how to be a subordinate and how it hurts when he fails in his own business. Because on the other hand people who dare to take risks by running their own business are very extraordinary people and also very fast in finding every super bright idea. But I always have a hard time finding such a person now because the average young person nowadays always doesn't want to go out of his comfort zone and accept every new challenge.
First of all is the desire to try. When the desire is strong, then his determination to fight until he reaches the highest point he wants will be achieved. This is a difficult one to implement.

Second, those who are not ready to get out of their comfort zone may be because they are not ready to face the difficulties that will be encountered along the way.
Being an entrepreneur is not an easy job, but we are independent rather than being a worker where the salary which is a tool to be able to meet needs has been set in nominal amounts, including working time.

R


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August 18, 2022, 08:44:14 AM
 #116

For me it's entrepreneurship for sure.with the current rates of inflation I think office jobs are not going to pay much in future. We need to sow are own wheat rather than working in someone else's field. With the kind of global dynamic environment for entrepreneurship now, I think there is nothing better than putting our ideas in action.. so for me yes it's entrepreneurship and Bitcoin of course...
The unemployment rates are way higher than what the governments let you know as they manipulate the statistics so they do not look as bad as they really are, and if we add that many jobs are being automated then it is important to look for a source of income that we create for ourselves, obviously this is not something easy to do, but we have to try as an office job will never allow you to reach the financial freedom that most of us want to achieve.
That's right, because the statistical data is only taken from a few samples from various regions, it doesn't cover all of them, so it's clear that something like this would be much, much bigger than what the government said.
We are required to continue to live but with economic conditions that are quite difficult, so there are indeed many who take a simpler way by committing various kinds of violence to survive and referring to things that smell like crime.
But on the other hand, there are still many people who really maximize their abilities in other things, such as maximizing being in freelance work in cyberspace to support their lives.
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August 18, 2022, 02:49:59 PM
 #117

It depends on how much you generate from your business that can make you to just stick to a business,  but if the profit that is been generated from the business is not enough to build the business very well, I will look for a job and support myself, then the profit I will get from the business I will use it to strengthen the business . When the business is big enough then I can decide to leave my job and have full concentration for my business.

R


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August 18, 2022, 03:51:22 PM
 #118

I think all must be honed from within ourselves, if our soul is talented to become an entrepreneur,
then try to become an entrepreneur, but if we want to be an office worker, then be like that, follow your heart,
I am also like that, I follow my heart to become an entrepreneur, and the results are enough to make life.

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August 18, 2022, 07:23:52 PM
 #119

Running an entrepreneur is not as easy as one might think. because we as our own boss have to think about many things. And the income earned is not consistent every day or every week or every month. But in entrepreneurship we feel a sense of freedom. and we are not under the pressure of others.

and if we are an office worker. Of course we have a fixed and consistent salary. but every day we will feel pressure from the boss of the company. and we feel life is deprived of freedom.

so between entrepreneurship and being an employee of the company has a less and more side of each. all have their own advantages and disadvantages.

so stay grateful both we as entrepreneurs and as office employees.

when our income is difficult to meet daily needs. So what you have to do is look for additional income. looking for alternative paths without having to leave the work being undertaken. both as entrepreneurs and as office workers.
now in this modern era more opportunities to find additional income. like being a youtuber etc.

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Wawa2013
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August 18, 2022, 09:18:30 PM
 #120

I think all must be honed from within ourselves, if our soul is talented to become an entrepreneur,
then try to become an entrepreneur, but if we want to be an office worker, then be like that, follow your heart,
I am also like that, I follow my heart to become an entrepreneur, and the results are enough to make life.

It's true that everyone's life path is different. There are people who are really good as entrepreneurs and there are also people who are more
comfortable with a fixed salary every month. So as you said just follow our heart and don't be influenced by others. Both entrepreneur and
office worker have their respective advantages and disadvantages, both of these jobs if done wholeheartedly can provide a good income for those
who live it. So in the end it's up to each individual choice, sometimes what's good for the other person, not necessarily be good if we do. So just
do our best when we become entrepreneurs or office workers, will definitely provide a good future.

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August 18, 2022, 10:22:33 PM
 #121

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?



Now this reminds me of reading a book called Rich Dad Poor Dad by Robert Kiyosaki. He's also bullish into Bitcoin by the way.

In that book, he shared about transitioning yourself from being an employee to a successful entrepreneur. He has introduced 4 quadrants namely employee, self-employed, businessman and investor.

I'm currently in the self-employed category as I am working as a freelancer doing multiple gigs as a KOL and ambassador of various projects.

No disrespect to the office type of job, but it's something that I don't want to see myself (unless either it's my own office or any office work opportunity that I can work anytime without a bandiclock or shifts). Yes office jobs could help us sustain our needs (especially essential ones) in the long term, but it doesn't make you rich or wealthy.

As for business, I am not a fan of running and managing a traditional business like my dad years ago. He failed in various businesses that he run and manage because of being close-minded and having a "traditional" mindset rather than doing something out of the box or something innovative or creative that would catch the attention of the customers that may keep them coming back for more.

As a self-employed guy, I'm just simply happy right now. Not only that I can work at my own time and pace, but I can work anywhere I want as long I have a laptop and internet connection.

Pla
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August 18, 2022, 10:28:46 PM
 #122

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?

You can continue to dwell on this topic, preach all you want to, says all the recommendation that you have to give, not everyone will be an entrepreneur, not everyone will want to be self-employed, they would rather prefer to work under somebody and while some people combine the two. It is not everybody that can work or absorb the stress of being self-employed, they would be happy to work under someone and vice versa.
Though the number of entrepreneurs has increased significantly, some people have begun to know the advantage of being entrepreneurs over working under someone.

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August 19, 2022, 01:52:59 PM
 #123

To be a successful Entrepreneurship is certainly not easy, it takes special skills and of course a long time, but I try to become an Entrepreneurship, time and financial freedom is the reason for us to become Entrepreneurship, while working is very dependent on the company which whenever and whenever we can go out .
I think it's okay to not be really successful but as long as your business is earning enough money to pay your bills, rent and then you can prepare a food in your table. Being successful is of course not easy but it takes a lot of effort and other positive qualities in life but it is possible as long as you believe that you can do it. Just trust the process.

Many choose entrepreneurship for some reasons or can also be called as advantages but as usual, there is also a disadvantages but we should not focus on it too much as that can only discourage us. Working doesn't depend on the company alone but mostly it's in the person. If you are type of guy that is grateful then you will love your job or the company you are working with, no matter what it is.

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August 19, 2022, 03:54:53 PM
 #124

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 those who are already living their days as entrepreneurs, it is better to stay afloat because the economy will definitely recover and people's purchasing power will strengthen again. in many countries the economy has recovered and many entrepreneurs have re-opened their businesses even in my city, more and more entrepreneurs have sprung up and this is a wonderful thing.

R


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August 19, 2022, 04:30:31 PM
 #125

For me it's entrepreneurship for sure.with the current rates of inflation I think office jobs are not going to pay much in future. We need to sow are own wheat rather than working in someone else's field. With the kind of global dynamic environment for entrepreneurship now, I think there is nothing better than putting our ideas in action.. so for me yes it's entrepreneurship and Bitcoin of course...
The unemployment rates are way higher than what the governments let you know as they manipulate the statistics so they do not look as bad as they really are, and if we add that many jobs are being automated then it is important to look for a source of income that we create for ourselves, obviously this is not something easy to do, but we have to try as an office job will never allow you to reach the financial freedom that most of us want to achieve.

I'd argue owning a business makes you more susceptible to the predations of the government than holding an office related job does because of the regulations a business has to adhere to. You're essentially at the whim of the government. COVID-19 lockdowns saw businesses collapse because of stringent regulations or a halt on operations (like owning a pub or some sort of theatre was considered non-essential, therefore the government reserved the right to shut you down). The employees got government checks if they were laid off from their jobs. Business owners had their livelihoods go up in flames.

Perhaps an office related job gives you more limitation in terms of financial freedom, but being an entrepreneur doesn't free you of liability either.
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August 19, 2022, 04:45:07 PM
 #126

I think that the situation mainly depends on who your boss is and how he treats you. You could be your own boss but then you would have an other boss (your clients) but even then they could treat you like dirt. So there is no escaping the situation. Whether an office job and you starting your own business, either way you will make money. But how much money you make and how you are treated really depends on you.

If you have a really great office job boss who is kind and generous to you and always sees your achievements are a net plus for everyone, then some people would take that over being your own boss with crappy clients who make your life hell. And the other way around is true as well.

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August 19, 2022, 05:10:38 PM
 #127

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 those who are already living their days as entrepreneurs, it is better to stay afloat because the economy will definitely recover and people's purchasing power will strengthen again. in many countries the economy has recovered and many entrepreneurs have re-opened their businesses even in my city, more and more entrepreneurs have sprung up and this is a wonderful thing.
That's what has to be done because it would be really useless if they really changed direction at this time because when they changed the wheel, it was clear that this would be something new again and obviously this is much more risky in failure, especially when we don't have the basics in other things.

Ups and downs like this will definitely happen and now we are in a down condition but obviously this won't last forever because everything has its own time.

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August 19, 2022, 05:28:51 PM
 #128

The unemployment rates are way higher than what the governments let you know as they manipulate the statistics so they do not look as bad as they really are, and if we add that many jobs are being automated then it is important to look for a source of income that we create for ourselves, obviously this is not something easy to do, but we have to try as an office job will never allow you to reach the financial freedom that most of us want to achieve.
That's right, because the statistical data is only taken from a few samples from various regions, it doesn't cover all of them, so it's clear that something like this would be much, much bigger than what the government said.
We are required to continue to live but with economic conditions that are quite difficult, so there are indeed many who take a simpler way by committing various kinds of violence to survive and referring to things that smell like crime.
But on the other hand, there are still many people who really maximize their abilities in other things, such as maximizing being in freelance work in cyberspace to support their lives.
Unemployment rates are one of the key factors for elections. Meaning if there are too many unemployed people and everyone knows this, it could cause politicians to lose elections. In my nation, we haven't had a serious statistical honesty for many years, decades even. Mainly because politicians know that if they give the real number then they are going to be screwed and lose elections.

I would like to point out that people who make their own business are not that much better neither, because when the economy sucks, they lose their business as well. So either get fired, or bankrupt, that's the option when the finances of a nation gets screwed up for sure.
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August 19, 2022, 08:25:11 PM
 #129

Entrepreneurship and office jobs can be compared with short and long term investment. When you work in office you get paid/income/profit instantly (basically weekly or monthly), but if you start your own business, you can wait for your first real income for ages. Similar to investment, to start your own business, you must do market research. If you are not experienced with that, lazy, or simply dont want to spend time on it, then the you are gonna work for have already done it for you.
That depends on the type of business you would like to do, you may not end up waiting for ages. I used to have this affiliate website that basically redirected people to crypto websites they wanted. It was a list basically, if you want exchanges there were list of exchanges, if you wanted casinos there were list of casinos, if you wanted services there were list of services, cloud mining, physical mining equipment etc etc etc, it was a list website basically and this was back in 2014-15, so it was an old thing.

There, I started making money right off the bat, didn't take me longer than 10 days to start earning money, but I earned very very little, nothing big, like 20 bucks per week, so I stopped after a while.
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August 19, 2022, 09:47:45 PM
 #130

I think that the situation mainly depends on who your boss is and how he treats you. You could be your own boss but then you would have an other boss (your clients) but even then they could treat you like dirt. So there is no escaping the situation. Whether an office job and you starting your own business, either way you will make money. But how much money you make and how you are treated really depends on you.

If you have a really great office job boss who is kind and generous to you and always sees your achievements are a net plus for everyone, then some people would take that over being your own boss with crappy clients who make your life hell. And the other way around is true as well.
Actually this is on point because if you are on a job space where you do find it to be already toxic or your not really happy anymore then you would really be finding out that it is really not something that you could

withstand for a little bit more but if you dont really have any choice because you cant be sure if you would able to get some work if you do decide to resign then you would really be deciding on staying.

This is why there are some people who do really consider on adding up some other side jobs or investment just to earn more so that it could give out possibility that you could really
retire or completely stop from your day job.

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August 19, 2022, 10:48:15 PM
 #131

Choosing office job - You can have a secured monthly income, however, it was a fixed monthly salary
But if you are choosing to become an Entrepreneur - the risk is too high, no set of monthly income, and possible that you will lose a huge amount but the good thing about running a business is you can make an unlimited profit.

@OP, you need to think wisely - you always have to put your capabilities before choosing any of the two and make a choice that you think that you will never regret after.

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August 19, 2022, 11:15:35 PM
 #132

~snip~ What do you think is the way forward?


Entrepreneurship or Office job both of them depends on your nature, if you're like to work with guaranteed monthly income and only do something repeat like almost every day then office job maybe suits you in other hands Entrepreneurship needs a lot of effort at the first you build the business you need to face several failures and struggling since your business is not the only one also you need to be competitive but when its become successful all your efforts will be paid.


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August 19, 2022, 11:58:06 PM
 #133

Whether it is entrepreneurship or day job, we need to work passionately. With entrepreneurship along with passion we should also have hard work. Without hard work things won't workout. We might see people succeeding through smart work, and the same won't happen with everyone. So, while giving hard work we should analyse whether smart work gives hand.

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August 20, 2022, 08:37:25 AM
 #134

Office workers must be under pressure from our superiors, but we can be guaranteed a fixed salary every time. Meanwhile, as rulers, we are required to think about how to develop the business we run and at our own risk.
What determines ourselves, are we ready to be in a different situation that I said above. But if we want the freedom of entrepreneurship to be the choice.

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August 20, 2022, 08:51:27 AM
 #135

Whether it is entrepreneurship or day job, we need to work passionately. With entrepreneurship along with passion we should also have hard work. Without hard work things won't workout. We might see people succeeding through smart work, and the same won't happen with everyone. So, while giving hard work we should analyse whether smart work gives hand.
Being an entrepreneur, you're more passionate than an office worker. It is because you own the business and you want it to be successful and that's why you're going to do anything and whatever it takes for you to make the best out of it and become a successful entrepreneur. In office, you're making the company successful and you're recognized very little. But being an entrepreneur, you're the one to appreciate yourself and take care of your business because you own it. There's no other people that shall take care of it none other than you. But the start of it, will give you pain and it might push you to give up if you can't take it anymore.

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August 20, 2022, 11:42:34 AM
 #136

Entrepreneurship has its own disadvantages and advantages, same as to office job. The only difference is that you have your own freedom in entrepreneurship that you can't have in a office job. Entrepreneurship gives you freedom on everything, you decide your own income and has no limits on your profits unlike in office job which your salary is fixed on a certain range, while you exhaust yourself and drain your emotional and mental health if you're working in a toxic workplace.
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August 20, 2022, 02:08:07 PM
 #137

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?



Whether it's a business or an office job, it's all equally affected by the hardships we're facing in the pandemic or the pandemic that's just about to end. We all also know that the only good thing that we have in office jobs is that those who have high positions in the office and ordinary employees are really insufficient in their wages to support their respective families. Now, if we want to move forward in any way in our lives, even if entering the business is still affected, it will still help us move forward in life in the future as long as we work hard, persevere, until we overcome it compared to being an ordinary employee, so So I chose business and I gave up being an employee and with the grace and mercy of God, I am still able to survive in life through cryptocurrency.

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August 20, 2022, 04:17:19 PM
 #138

Entrepreneurship has its own disadvantages and advantages, same as to office job. The only difference is that you have your own freedom in entrepreneurship that you can't have in a office job. Entrepreneurship gives you freedom on everything, you decide your own income and has no limits on your profits unlike in office job which your salary is fixed on a certain range, while you exhaust yourself and drain your emotional and mental health if you're working in a toxic workplace.
Both being Entrepreneur and an Office Working has its cons and pros. Being an entrepreneur can really provide you freedom as you don't work for someone else however that is not always the case as you will need to focus on your business and sometimes a lot more time to further succeed on your business. Also, it involves a lot of risks as your business will not always be in need so you will need to keep adjusting through time. In the other side, being an office worker, you will be working for someone else and you don't have freedom on your time but it also depends as some workplace provides comfort to its employees such as being able to work from home. Also, time off and sick leaves can be given at to employees so that you can have personal time for yourself.

It all depends on which you prefer and which you can manage.

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August 21, 2022, 04:53:53 PM
 #139

Whether it is entrepreneurship or day job, we need to work passionately. With entrepreneurship along with passion we should also have hard work. Without hard work things won't workout. We might see people succeeding through smart work, and the same won't happen with everyone. So, while giving hard work we should analyse whether smart work gives hand.
Being an entrepreneur, you're more passionate than an office worker. It is because you own the business and you want it to be successful and that's why you're going to do anything and whatever it takes for you to make the best out of it and become a successful entrepreneur. In office, you're making the company successful and you're recognized very little. But being an entrepreneur, you're the one to appreciate yourself and take care of your business because you own it. There's no other people that shall take care of it none other than you. But the start of it, will give you pain and it might push you to give up if you can't take it anymore.
Not everyone hates their job or do not want to care about what’s the profit like. I am a worker of sorts as well, I am a freelancer working at home of course, but I know for a fact that I care about my job, I love my job, I love my boss, and I want him to earn a lot as well because he is a good person.

So, why would I want to do a bad job, or ignore? If he does amazingly well, then I did a good job, how could he do amazingly well when I do a terrible job. So, I try my best to do as good of a job as I can so he can earn more, plus if he becomes super rich, then he would pay me more too? So, it benefits me as well. I am not saying that everyone is like this, all I am saying is that there are people like me too.

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August 21, 2022, 06:47:59 PM
 #140

The question is too difficult to answer because you can have fun working under a boss if the boss is your friend. I've seen businesses like car repair shops opened by 3 friends from school and one of them had the most money so he was the boss and owned the place but he also had to pay all the bills.

Working by yourself without a boss is usually better but you don't have to be an employee to work this way. I know people who don't work an office job or a corporation and don't have their own business. A good example of such case is a child working in a family business.

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August 21, 2022, 06:49:38 PM
 #141

If you have that entrepreneurial spirit and are built for it, then by all means this would be best for you.   However, office jobs will for most as we are basically trained or at least the thought is ingrained in us to work for someone else, i.e. be employees, from beginning to end of primary schooling.  Again, some of us breakthrough but most end up office workers, which in and of itself is not necessarily a bad thing.  
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August 22, 2022, 10:11:42 PM
 #142

Whether it is entrepreneurship or day job, we need to work passionately. With entrepreneurship along with passion we should also have hard work. Without hard work things won't workout. We might see people succeeding through smart work, and the same won't happen with everyone. So, while giving hard work we should analyse whether smart work gives hand.
Being an entrepreneur, you're more passionate than an office worker. It is because you own the business and you want it to be successful and that's why you're going to do anything and whatever it takes for you to make the best out of it and become a successful entrepreneur. In office, you're making the company successful and you're recognized very little. But being an entrepreneur, you're the one to appreciate yourself and take care of your business because you own it. There's no other people that shall take care of it none other than you. But the start of it, will give you pain and it might push you to give up if you can't take it anymore.
Not everyone hates their job or do not want to care about what’s the profit like. I am a worker of sorts as well, I am a freelancer working at home of course, but I know for a fact that I care about my job, I love my job, I love my boss, and I want him to earn a lot as well because he is a good person.

So, why would I want to do a bad job, or ignore? If he does amazingly well, then I did a good job, how could he do amazingly well when I do a terrible job. So, I try my best to do as good of a job as I can so he can earn more, plus if he becomes super rich, then he would pay me more too? So, it benefits me as well. I am not saying that everyone is like this, all I am saying is that there are people like me too.
Why would you do a bad thing with your job? I haven't mentioned to go wild and free being employed to your company. As I'm saying, the growth of the company relies on its employees and there's the reality that such growth is noticed, the people that contributed to its growth go unnoticed. That's the reality. It's true that if the boss recognizes his employees, there's a certain bonus for all of those best performing employees but as I've said, not all of the boss are like that. So, if you're employed and you've found a boss like that then stay to your company. It's better to have a good boss than a good career but with toxic environment and unappreciative company. I think it was the quote of Jack Ma to find a good boss when you're at the early stage of being employed.

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August 22, 2022, 11:59:12 PM
 #143

It's a very very very subjective question. And there can't be one right answer to this.

For some people, the appeal of being their own boss and having the freedom to set their own hours and work on their own terms is irresistible. However, entrepreneurship can be a risky proposition, and many people find themselves unable to maintain a successful business in the face of economic difficulties. On the other hand, office jobs may not offer the same level of autonomy and freedom, but they tend to be more stable and provide a regular income. Someone who has a tendency of being servile would prefer to work under a "boss" . Ultimately, the decision of which to pursue depends on the individual's preferences and priorities.

There's a third option, mix the two. Office workers should explore ways to supplement their incomes, whether through side hustles or freelancing. This is what my friend is doing. A 9 to 5 job with a profile on upwork  Wink
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August 23, 2022, 04:23:09 AM
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 #144

The way a person thinks really depends on the environment he is in. Developed countries do not consider work just an office, they are more likely to make their own business to get out of the poverty line. People like this usually have the skills and abilities in researching the business they want to develop.

Developing countries actually choose to work in companies or offices, people who are in countries like this do not dare to go out of their comfort zone, so the risk becomes a big problem that must be considered.
Although not 100% what I said is true, but the mindset of most people is like that.

Even though the availability of job opportunities for now is very wide, but we can use the media and the internet as a place to start a business that we like, with mastery according to our ability to manage

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August 23, 2022, 06:45:44 AM
 #145

If we sum up replies here, it turns out that entrepreneurship and office jobs can be combined, but a lot depends from the age of a person and the country he lives in. The sooner a person starts combining them, the better it would be, because he wont be interfered with such things as family, kids or office job at late age might turn into exhausting. Average country salary is another important fact. In some countries it is enough to work from 9 to 5 and be able to afford lots of things and activities, while in other country working from 9 to 5 allows to barely make ends meet. In the conclusion, I would say it is preferable to to start combining both at the early age, but the young person need to solve starting capital issue.

R


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August 23, 2022, 10:33:30 AM
 #146

Of course I choose Entrepreneurship, it is very easy to make money after the presence of Instagram, YouTube or others, with YouTube followers at least 1 million, it will be easy to get an $ 100K income per year, but it takes a good skill to be successful and I try to walk there.

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August 24, 2022, 04:35:50 PM
 #147

If we sum up replies here, it turns out that entrepreneurship and office jobs can be combined, but a lot depends from the age of a person and the country he lives in. The sooner a person starts combining them, the better it would be, because he wont be interfered with such things as family, kids or office job at late age might turn into exhausting. Average country salary is another important fact. In some countries it is enough to work from 9 to 5 and be able to afford lots of things and activities, while in other country working from 9 to 5 allows to barely make ends meet. In the conclusion, I would say it is preferable to to start combining both at the early age, but the young person need to solve starting capital issue.
Yeah, that is right. This is what I did, worked in an office, and then did freelance, and when my freelance was enough, quit my office job. That's the right answer. What people should realize is that crypto has a ton of jobs that you can get, you can build a brand and then your brand could get you a lot of money if you know what you are doing and if you could do great networking.

I personally did that back in the day and if I wanted to, I could earn so much more, but I want to do just one job very well, and earn max from that (which I still fail unfortunately because of lack of time) but if I spread it to 5 different jobs, I would have earned 2x of this income and would be fired from all of them in 3 months. So be careful with your quality as well, earn less, but earn longer.
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August 24, 2022, 05:12:50 PM
 #148

It's not easy mate. I have myself tried to do this in the past but failed and I am still struggling to establish my own business. If you don't have credibility and perfect project proposal then no bank or lender will give you any sort of financial input. The problem in any business is to have that "initial" capital and resources. Most of the weightage however goes to the capital only.

Based on you available funds you can allocate budget to various stuff like marketing, office space, salaries, expertise to hire and what not. Obviously this I am speaking out of the experience of setting an office related to trading of raw materials.

This could be entirely different for businesses like farming material or IT sector etc. However basic model remains the same for all.

With even one factor out of hands one can struggle a lot. No matter what you explain to others you will always get one foot back if things ain't properly stacked.

So always choose wisely, look at the things available in your hands. Being confident is good, being overconfident is biggest failure.
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August 24, 2022, 08:42:21 PM
 #149

If we sum up replies here, it turns out that entrepreneurship and office jobs can be combined, but a lot depends from the age of a person and the country he lives in. The sooner a person starts combining them, the better it would be, because he wont be interfered with such things as family, kids or office job at late age might turn into exhausting. Average country salary is another important fact. In some countries it is enough to work from 9 to 5 and be able to afford lots of things and activities, while in other country working from 9 to 5 allows to barely make ends meet. In the conclusion, I would say it is preferable to to start combining both at the early age, but the young person need to solve starting capital issue.
Yeah, that is right. This is what I did, worked in an office, and then did freelance, and when my freelance was enough, quit my office job. That's the right answer. What people should realize is that crypto has a ton of jobs that you can get, you can build a brand and then your brand could get you a lot of money if you know what you are doing and if you could do great networking.

I personally did that back in the day and if I wanted to, I could earn so much more, but I want to do just one job very well, and earn max from that (which I still fail unfortunately because of lack of time) but if I spread it to 5 different jobs, I would have earned 2x of this income and would be fired from all of them in 3 months. So be careful with your quality as well, earn less, but earn longer.
All matters with proper time management so that you would really be able to handle out multiple things which would really be pertaining about your other source of income which we do really prioritize since

we know on what are the things which would really be giving out more income.Whether you would be deciding on quitting up your main job and would focus into something that do generates more then it

would really be your choice.If we do really target out on regarding having that good financial status in life then it would be common sense that you would really be finding another source of income.
Its not necessary to quit up your job but if it needs to then its up to your decision.

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August 24, 2022, 09:09:56 PM
 #150

Of course I choose Entrepreneurship, it is very easy to make money after the presence of Instagram, YouTube or others, with YouTube followers at least 1 million, it will be easy to get an $ 100K income per year, but it takes a good skill to be successful and I try to walk there.
entrepreneurship is a global word, it's not just a business but being a content creator is also included in it. I have an old female friend who has almost traveled in many cities in my country with only income from endorsement Instagram and TikTok. even her monthly income from endorsement for these several years is equivalent to the salary of a 4-month employee (at my country's rate). Social media and technological developments have made a lot of changes in someone's life according to their passion.

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August 24, 2022, 09:30:46 PM
 #151

How does self-proclaimed entrepreneurship tend to survive when he or she leaves an entrepreneur or has no plans of having another entrepreneur at heart? People changes from one area of business to another if they find out, that the particular business they are into is not profiting them.
The decision of being your own boss or working for someone else comes with many tasks, to be able to meet up with the economic breakdown. It is not easy surviving this period without having different side hustles

R


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ingiltere
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August 26, 2022, 01:05:54 PM
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 #152

Having an office job is less risky and it gives a good comfort zone. You can retire working 9-5 until you fulfill your 20 or something year requirement but in the end you don't get rich and you live a standard life. Entrepreneurship means you go out of your comfort zone and take risks, in result you can get your reward and make money or you may bankrupt, depends on your choices. If you don't have capital it's hard to become an entrepreneur, so you may have to do some office job before growing your own business. Both have ups and downs, no matter which one you choose you gotta give your best. It's not only about making money but reputation and environment.

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August 26, 2022, 02:03:47 PM
 #153

If you have that entrepreneurial spirit and are built for it, then by all means this would be best for you.   However, office jobs will for most as we are basically trained or at least the thought is ingrained in us to work for someone else, i.e. be employees, from beginning to end of primary schooling.  Again, some of us breakthrough but most end up office workers, which in and of itself is not necessarily a bad thing.  

It is not a matter of spirit, if you aspire to be an entrepreneur but lack the resources to launch, there is a problem. You need liquid funds as a fresh start-up to get things in order, otherwise, you won't be around for very long.
Entrepreneurs also struggle with how to get cash, especially in underdeveloped nations where venture capitalists sometimes prefer to invest in projects where they can gain greater ownership rather than supporting ambitious individuals. I still prefer to create my own business when I have enough money to do it in the future than work for people.
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August 26, 2022, 06:54:04 PM
 #154

Entrepreneurship has its own disadvantages and advantages, same as to office job. The only difference is that you have your own freedom in entrepreneurship that you can't have in a office job. Entrepreneurship gives you freedom on everything, you decide your own income and has no limits on your profits unlike in office job which your salary is fixed on a certain range, while you exhaust yourself and drain your emotional and mental health if you're working in a toxic workplace.

Freedom in entrepreneurship is an illusion.  You are more tied since the responsibility is all yours.  When you are working 8 hours per day being an employee, an entrepreneur works way more hours than that.  Even their sleep hours are being invaded by the thoughts of how they will grow their business.  The entrepreneur path is way harder than being an employee, you aren't free but a slave of your own desire to prosper your business.  Having to decide what's next for your business is the only consolidation an entrepreneur has which is also available to an employee whenever he wanted to quit being one.  Grin

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August 26, 2022, 10:59:19 PM
 #155

Entrepreneurship has its own disadvantages and advantages, same as to office job. The only difference is that you have your own freedom in entrepreneurship that you can't have in a office job. Entrepreneurship gives you freedom on everything, you decide your own income and has no limits on your profits unlike in office job which your salary is fixed on a certain range, while you exhaust yourself and drain your emotional and mental health if you're working in a toxic workplace.

Freedom in entrepreneurship is an illusion.  You are more tied since the responsibility is all yours.  When you are working 8 hours per day being an employee, an entrepreneur works way more hours than that.  Even their sleep hours are being invaded by the thoughts of how they will grow their business.  The entrepreneur path is way harder than being an employee, you aren't free but a slave of your own desire to prosper your business.  Having to decide what's next for your business is the only consolidation an entrepreneur has which is also available to an employee whenever he wanted to quit being one.  Grin
But we know on what are the probabilities or chances for us to make ourselves even way more better when it comes to finances although it wont really give out assurance of success but at least it does give the

probability for you to become a boss instead of have to work for other people and doesnt really have any plans in regarding on enhancing their lives.Yes, you would need to exert more effort and time to be spent

compared when you do just simply wait for a salary on a 8-5 job.Some people do really have that kind of mindset that they shouldnt really be limiting theirselves into that manner
and this is where they do decide to take up another career or path.

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August 27, 2022, 02:50:45 AM
 #156

If you have that entrepreneurial spirit and are built for it, then by all means this would be best for you.   However, office jobs will for most as we are basically trained or at least the thought is ingrained in us to work for someone else, i.e. be employees, from beginning to end of primary schooling.  Again, some of us breakthrough but most end up office workers, which in and of itself is not necessarily a bad thing.  

It is not a matter of spirit, if you aspire to be an entrepreneur but lack the resources to launch, there is a problem. You need liquid funds as a fresh start-up to get things in order, otherwise, you won't be around for very long.
Entrepreneurs also struggle with how to get cash, especially in underdeveloped nations where venture capitalists sometimes prefer to invest in projects where they can gain greater ownership rather than supporting ambitious individuals. I still prefer to create my own business when I have enough money to do it in the future than work for people.

What you say may be true if you have Musk, Bezos, and Zuck type goals; however, not every entrepreneur has such lofty ambitions.  Therefore as such, the need for resources and liquidity may be low and comes from self without the need for vc's.  With this being said, the spirit typically comes before liquidity and resources unless you are born into money.
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August 27, 2022, 01:23:58 PM
 #157

If you have that entrepreneurial spirit and are built for it, then by all means this would be best for you.   However, office jobs will for most as we are basically trained or at least the thought is ingrained in us to work for someone else, i.e. be employees, from beginning to end of primary schooling.  Again, some of us breakthrough but most end up office workers, which in and of itself is not necessarily a bad thing.  
It is not a matter of spirit, if you aspire to be an entrepreneur but lack the resources to launch, there is a problem. You need liquid funds as a fresh start-up to get things in order, otherwise, you won't be around for very long.
Entrepreneurs also struggle with how to get cash, especially in underdeveloped nations where venture capitalists sometimes prefer to invest in projects where they can gain greater ownership rather than supporting ambitious individuals. I still prefer to create my own business when I have enough money to do it in the future than work for people.
The thing is, there is money in the world, you may not have it, but the money is out there and we all know it. So, if you really want to be an entrepreneur and you actually do believe that you could build it, then you should try to get some money. How? I mean it is not easy as we all know because if it was so easy then everyone would be rich.

So, how you do is you end up saving money from the office job, and then you learn the skills needed to build whatever you want to start and do it for others, if it is a website you want to do, then be a web developer and earn from that too. In the end it will be hard but you could end up doing it one day, and when you have enough money, you would profit from it.

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August 27, 2022, 02:55:37 PM
 #158

In my opinion, both are equally good. God created humans with different souls and they were created to complement each other. for someone who has an entrepreneurial spirit, he will tend to seek freedom and dare to take risks, and unfortunately not everyone has this character, many of them choose the safe path by becoming an office worker who gets a salary every month. Therefore, ask yourself which group we belong to, so that we can determine the direction according to our conscience

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ningrum
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August 27, 2022, 09:20:54 PM
 #159


What you say may be true if you have Musk, Bezos, and Zuck type goals; however, not every entrepreneur has such lofty ambitions.  Therefore as such, the need for resources and liquidity may be low and comes from self without the need for vc's.  With this being said, the spirit typically comes before liquidity and resources unless you are born into money.
Sometime people think job is not for them and they should get in entrepreneurship and they fail there terribly.
I think its good to have a job - - it keeps you active - but having a small side hustle is very important. For the mind and for the financial freedom.
That's true, especially now that the world is experiencing inflation. Of course, we need to have other sources of income and not just depend on our main job.
and entrepreneurship is one of the options even though it's not an easy thing to do

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August 27, 2022, 11:36:17 PM
Last edit: August 28, 2022, 01:34:31 AM by Theones
 #160


That's true, especially now that the world is experiencing inflation. Of course, we need to have other sources of income and not just depend on our main job.
and entrepreneurship is one of the options even though it's not an easy thing to do
The inflation is killing people physically and psychologically. ...
Noone has ever thought that what disaster this COVID and war will bring to world - yet we have to see so much after effects in the days to come.

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August 28, 2022, 06:41:57 AM
 #161


What you say may be true if you have Musk, Bezos, and Zuck type goals; however, not every entrepreneur has such lofty ambitions.  Therefore as such, the need for resources and liquidity may be low and comes from self without the need for vc's.  With this being said, the spirit typically comes before liquidity and resources unless you are born into money.
Sometime people think job is not for them and they should get in entrepreneurship and they fail there terribly.
I think its good to have a job - - it keeps you active - but having a small side hustle is very important. For the mind and for the financial freedom.

I totally agree with you that it is good to have a job- in the least that it provides funding to a small side hustle that can be built upon and also financial stability without the need to go full entrepreneur until sussed out and ready.  It also serves as a plan B should entrepreneurship fail.
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August 28, 2022, 02:50:28 PM
 #162

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.

Entrepreneurship is not a bed of roses, but it's a good way to go. Entrepreneurs take risks as it allows them to distinguish themselves from their competitors. In the competitive business environment that exists today, those who are willing to risk position themselves as leaders, while others get left behind. The success one sees is a result of the risk one took. Whether it's entrepreneurship or a secure job, just falling in love with the process, not the end result.

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August 28, 2022, 05:04:04 PM
 #163

...
Entrepreneurship is not a bed of roses, but it's a good way to go. Entrepreneurs take risks as it allows them to distinguish themselves from their competitors. In the competitive business environment that exists today, those who are willing to risk position themselves as leaders, while others get left behind. The success one sees is a result of the risk one took. Whether it's entrepreneurship or a secure job, just falling in love with the process, not the end result.
Most successful entrepreneurs are those who are very brave in taking big risks...

Although I've never heard of a successful entrepreneur having a cat mentality, they always play with big risks. I agree that whatever business or work you do, still enjoy it with a sincere heart, no coercion because success never comes from a stone heart.


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August 28, 2022, 07:13:10 PM
 #164

Entrepreneurship is not a bed of roses, but it's a good way to go. Entrepreneurs take risks as it allows them to distinguish themselves from their competitors. In the competitive business environment that exists today, those who are willing to risk position themselves as leaders, while others get left behind. The success one sees is a result of the risk one took. Whether it's entrepreneurship or a secure job, just falling in love with the process, not the end result.
Most successful entrepreneurs are those who are very brave in taking big risks...

Although I've never heard of a successful entrepreneur having a cat mentality, they always play with big risks. I agree that whatever business or work you do, still enjoy it with a sincere heart, no coercion because success never comes from a stone heart.
Being an entrepreneur means that you must be able to assess the risk of your business however it doesn't mean that an entrepreneur must taks a high or big risk. You can still be a successful entrepreneur by running low risk business such as business that are on demand to avoid loses.

Still, what's important on being an entrepreneur is management to your business which is the complicated part. Which is why most people will always, that they left the 8 hours every 5 days of their just to work 24/7. You might have control over your time however you must be ready to a lot on your business if needed to.

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August 28, 2022, 08:35:15 PM
 #165

I find it interesting how this differs from culture to culture. In the western more libretarian (American) concept, enterpreneurship is on top, but when you go in the other georaphical direction, South Korea for example, there an office job is of the outmost value. I just find that interesting.

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August 29, 2022, 01:33:20 PM
 #166

Economic conditions are increasingly difficult and make me have to get out of office jobs immediately, monthly income is around $ 450 and makes it difficult for me to save, I'm preparing farming and hoping to start effective at the end of the year.
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August 29, 2022, 03:14:14 PM
 #167

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?



Everyone will have a difference of opinions here but one thing is for sure that if you want to earn big money you need to become an entrepreneur. Having your own start up maybe a risky thing, but in the long term, you will be better than those who are doing the jobs.

The biggest disadvantage I feel about the job is that your future is never secure no matter how hard you work. If the employee fires you for any reason, you are back to zero from where you started. In entrepreneurship, the experience will also make you more valuable.

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August 29, 2022, 05:49:59 PM
 #168

Being an entrepreneur means that you must be able to assess the risk of your business however it doesn't mean that an entrepreneur must taks a high or big risk. You can still be a successful entrepreneur by running low risk business such as business that are on demand to avoid loses.

Still, what's important on being an entrepreneur is management to your business which is the complicated part. Which is why most people will always, that they left the 8 hours every 5 days of their just to work 24/7. You might have control over your time however you must be ready to a lot on your business if needed to.
Yep, time management is the most crucial thing for an entrepreneur to be able to maintain a balance between his business and personal life...

entrepreneurs are led to focus on their business but excessive working time and falling sick can make businesses run sluggish.

I find it interesting how this differs from culture to culture. In the western more libretarian (American) concept, enterpreneurship is on top, but when you go in the other georaphical direction, South Korea for example, there an office job is of the outmost value. I just find that interesting.
citizens in asia especially east asia have a hard work ethic (not business) because they think working with other people has a chance to succeed faster than building a business from scratch afaik.


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August 29, 2022, 11:07:59 PM
 #169

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?


Being an entrepreneur is fantastic because you get to be your own boss. The primary problem is that, aside from being creative, office jobs are also nice but, in my opinion, are like prisons if you don't have the money to start a business. Although an office job offers financial security, I favor entrepreneurs.

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August 30, 2022, 07:57:32 AM
 #170

Both have its pros and cons. For entrepreneurship, it is the trend now, especially for millennials and gen z. You are freedom to decide, to work as the way you like but you have to worry about finance.
On the other hand, you have to follow the rules of company, the decisions of boss but you don't need to think much about finance or loss.
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August 30, 2022, 06:47:41 PM
 #171

Both have its pros and cons. For entrepreneurship, it is the trend now, especially for millennials and gen z. You are freedom to decide, to work as the way you like but you have to worry about finance.
On the other hand, you have to follow the rules of company, the decisions of boss but you don't need to think much about finance or loss.

This is why it is advisable to go with your own business, no one will set the rule for you, no body will tell you why you didn't come to work early, why didn't you close at this time, the problem and stress of working with a company will give you nightmares till you retire. On the other hand, if you have your own business as an entrepreneur, you will decide what you want to do with that business, you own your time and what you like to do and how they have to be. Having your own business is the leading goal right now.

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August 30, 2022, 08:20:19 PM
 #172

A job can be any piece of work that is performed in exchange for an agreed price and similar benefits whereas entrepreneurship is creating new ventures keeping in mind the risks and difficulties and thinking out of the box in order to make a profit. One of the biggest differences between entrepreneurship and job is having more control.
Entrepreneurs can totally change the way you live and work. If successful, your revolutions can improve society’s standard of living.
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August 30, 2022, 08:42:55 PM
 #173

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?


Quite frankly, if I were a boss of myself, I am never quitting my entrepreneurship and go work for somebody. Even most of the offices these days are laying people off work because of the same problem you are complaining about. Once you have something going for you, you also have to learn how to adjust to the economic situations.
One of the risk on having a day stable job is on that you do really have still the chance whenever there's a layoff or being fired or somewhat similar into these things thats why its never been an assured stuff for you

to think that you could really have that job forever which is really a very bad mindset to have.This is why it would be good or ideal if you do mind off on having some other source of income at least on which

you could really be still having some assurance that you wont really get wrecked totally whenever you do lose your job.Also, it does really give out that chance or opportunity on making yourself
way more better in terms of finances if your investments turns out to be positive.

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August 30, 2022, 10:02:01 PM
 #174

Mostly nowadays people do hardwork as they can because of  economic difficulties. Being an entrepreneur and working part time job is a great help to sustain our daily need. As an entrepreneur you are the boss in your own business either small or big kind of business. But if you don't have enough capital having an offfice job is your choice then if you still have time you can still have a part time job as additional source of income. It is just depend on how you can manage your time just to earn enough money.

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August 30, 2022, 11:59:24 PM
 #175

The mindset have changed among the younger generation. Now they don't want to stay under someone. Right now young generation is much obsessed about travelling and exploring. This is possible through entrepreneurship and not through the day job. This have turned more people become entrepreneurs. Another thing, some companies too have begun to take its employees on travelling and exploring. I came across a company that allow its employees free trip, but the person need to travel alone. This is to make them refreshed and explore the world.

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August 31, 2022, 07:32:17 AM
 #176

This is why it is advisable to go with your own business, no one will set the rule for you, no body will tell you why you didn't come to work early, why didn't you close at this time, the problem and stress of working with a company will give you nightmares till you retire. On the other hand, if you have your own business as an entrepreneur, you will decide what you want to do with that business, you own your time and what you like to do and how they have to be. Having your own business is the leading goal right now.

Keep in mind, that if you work at the office and you dont have any task to do, with high variability you will get your salary. But as an entrepreneur, or being your own boss, every time you dont have task, every time you do nothing, every time you open YouTube in search for funny video or this forum, you are loosing money or is one step closer to bankrupt. Even if you have finished your working day and having a rest at home, or sleeping, you are loosing money. Always remember that.

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September 01, 2022, 07:14:01 AM
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 #177

I hate to admit it but, I'm dead serious when I say it irks me to work under someone. But for the start I'd want too, you know one has to go through people before you become something.

If I should take a decision here it's gon be both, yeah both. Did you learn anything from COVID ? To double whatever you're doing, all of them office job's was locked down, few of them entrepreneurs got home and stayed home and indoors for months, what really helped raised funds for Peep's were free lancing and those working online. ( Sorry I drifted apart from the topic )

I hate playing by the old rule's working for all your life and it's a must you report every single day and if you don't, you've got to give a concrete reasons for your absence. But when you're working for a company with high pence then it's worth the office job, but that has to do with all you studied from school/ university hmm ? Although here also, you'll get a rocky beginning but gradually as you go, you get use to it. The old rule's show's you turn a slave working for someone all your life. Entrepreneurship fixes the old rule's bit how well, consistent, discipline can you go on that path ?

Entrepreneurship; one reason I think people don't succeed here is because they feel they can just come up with anything and turn successfull overnight, Nah, that can't be possible. You need to have a natural flare and passion for it and gradually it becomes your daily income, you need to put your heart and mind to it, Wonder why footballers succeed ? That's them passion they do all to play soccer.
Quick Example is myself, have always wanted to be a Stylist both (Male n Female ) have been learning lately putting my heart to it and it has be going swiftly and smoothly.  Nothing good comes easy, you'll see your self fail several times but you have to put in daily dedication and discipline. Lack of fund's can be a draw back here also, when you lack funds, you don't feel the push to take act actions.

My conclusion is that I'll choose both, don't want to spend my whole life working,so I have to make and money work for me while I sleep.
If I can as well add free lancing to it, I'll sure will. And with the current state of the world, Man need not rely on his/her office job's alone, prices all going to the moon, but are Government raising them salaries also ?

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September 01, 2022, 01:17:33 PM
 #178

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?


Being an entrepreneur is fantastic because you get to be your own boss. The primary problem is that, aside from being creative, office jobs are also nice but, in my opinion, are like prisons if you don't have the money to start a business. Although an office job offers financial security, I favor entrepreneurs.
Office jobs are good when you are young and inexperienced
but with the passage of time - learn to have your side hussle and grow your small business - you will feel a sense of achievement and it will bring you financial freedom as well.
when we are fresh graduates, we really need to learn from experienced people, so we have the provisions to build a business according to our field. it is not easy to find experience with all the problems and how to solve the problem, on the other hand there is a procedural that must be passed when it comes to the legality of the service, sometimes this is what we don't get in school. therefore learning and continuing to learn is the step to be successful

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September 01, 2022, 09:55:46 PM
 #179

I am still about 5 years old graduating from college and working in the office, I plan to become an entrepreneurship, many people are successful without special expertise so that becoming an entrepreneurship will be easy to get money, of course it takes a long process to be successful, but I continue to learn to be successful.

You can try if you have enough savings to start one.  If you wanted to go the path of an entrepreneur, you do not need to quit your job abruptly.  You can do it on the sideline while being an employee.  It is advisable to do it that way so that you can test things while not losing your source of income.  When you are successful enough and the earnings of your business surpassed your salary, on a regular basis, then that will be the time to focus and be a full-time entrepreneur.

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milewilda
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September 01, 2022, 10:20:19 PM
 #180

I am still about 5 years old graduating from college and working in the office, I plan to become an entrepreneurship, many people are successful without special expertise so that becoming an entrepreneurship will be easy to get money, of course it takes a long process to be successful, but I continue to learn to be successful.

You can try if you have enough savings to start one.  If you wanted to go the path of an entrepreneur, you do not need to quit your job abruptly.  You can do it on the sideline while being an employee.  It is advisable to do it that way so that you can test things while not losing your source of income.  When you are successful enough and the earnings of your business surpassed your salary, on a regular basis, then that will be the time to focus and be a full-time entrepreneur.
Quitting or resigning your current job just because you do decide to go with some business or investment then it would be a complete suicide.Of course you would really be still needing to built up
your business or established it out and find whether it is really that making profits which would really able to sustain but honestly its not really that necessary when you do consider other options
and its not really that suggestible that you should resign or quit up your job right away.You wouldnt really be that dumb on not to observe everything and if you could do both things
then its good because you would be having multiple source of income.

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September 02, 2022, 04:02:18 AM
 #181

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.

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September 02, 2022, 04:44:46 AM
 #182

I decided to leave my 8 to 5 job because I wanted to pursue entrepreneurship instead. In spite of the fact that it requires a lot of effort and time, beginning a business can be quite gratifying. Operating a business gives you unrestricted time, makes you the sole boss, and enables you to do whatever you want to see it grow and succeed as compared to working an office job where your abilities are constrained and your time is tied to the four corners of your area.
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September 02, 2022, 06:28:29 AM
 #183

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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September 02, 2022, 07:25:31 AM
 #184

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.



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September 02, 2022, 01:23:03 PM
 #185

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.
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hope new job come to me


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September 03, 2022, 02:26:40 AM
 #186

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.

.
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BuNga_cute
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September 03, 2022, 03:25:28 AM
 #187


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.

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September 03, 2022, 04:56:29 AM
Merited by fillippone (2)
 #188

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.

R


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September 03, 2022, 08:29:33 AM
 #189

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

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September 04, 2022, 04:36:52 AM
 #190

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.

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September 04, 2022, 05:39:05 AM
 #191

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.

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September 04, 2022, 07:10:05 AM
 #192

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.
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September 04, 2022, 10:11:57 PM
 #193

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.

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September 05, 2022, 10:12:31 PM
 #194

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.

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September 06, 2022, 01:28:27 AM
 #195

  • 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.
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September 06, 2022, 09:24:34 AM
 #196

  • 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.

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September 06, 2022, 10:17:44 AM
 #197

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.

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September 07, 2022, 07:31:14 AM
 #198

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.

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September 07, 2022, 08:35:56 AM
 #199

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.

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September 07, 2022, 09:54:05 AM
 #200

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.

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September 07, 2022, 02:13:10 PM
 #201

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.
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September 07, 2022, 02:51:36 PM
 #202

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.
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September 07, 2022, 07:59:14 PM
 #203

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.
You can actually do it but it would really be needing up some sacrifice and proper time management handling both things.If you are really that eager on enhancing your life in terms of financial aspect

then you would really be needing on dealing off with these things.If not, then you should stick out on your office job forever but nothing beats if you do really mind off on at least having other source of
income.Your choice whether you would be working twice for the benefit of earning more or would really be just contented on what you are currently earning now and considering that we humans
does have that high desire on everything then it wouldnt really be that surprising that we would really be doing all sorts of things just to achieve those things.

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September 08, 2022, 04:18:53 AM
Merited by fillippone (2), wahyuagung26 (1)
 #204

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?
Life choices will never be as easy as writing poetry, have you ever heard words like this, "let the flow determine the choice, let's just live it".
For some people this is a way of life that they don't want to fight for, but for others they find it flat.
I am neither optimistic nor pessimistic about those words.

Entrepreneurship means we are in full control of the processes we have to do, we are the drivers that will take our business to where we are, the process is directly related to sales, it takes innovation, persistence and continuously expanding our reach.

While the office is at a comfortable level, we are not the only ones who determine the company or office journey, collective work is needed on this issue, according to the responsibilities of each field.

Believe me, there are still quite a lot of people out there who are unable to meet their basic needs in daily life, there are even people who only eat one meal a day.
Choose what suits your abilities, entrepreneurship and office work are two things that can be combined into one, or choose the right one for us to live.

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September 08, 2022, 09:00:33 AM
 #205

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.
@yudi09 I think that talent is the same as desire. If you have a specific talent you will push it because this is what you heart desires but indeed that we need a capital aside from it because how can we buy the tools that we will be needing and pay other expenses?

We also need to be innovative and introduce new things, like adding cryptos as one of our payment methods as this can also attract customers and lastly the most important among all is to be consistent. I notice so many people doesn't have this. They got disappointed easily upon knowing the early results or they got tired even if the results aren't that bad. That is why they never get successful on what they do.
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September 08, 2022, 11:16:47 PM
 #206

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 think it is good to choose entrepreneurship than office job, there are so many people that wanted to work in the office with a decent salary, but it cannot make you rich because the salary is enough the basic needs that rises every year, being entrepreneur is good it can make us reach if you can make it perfect or run the  business smoothly but it is still risky because many businesses are sometimes fall because of some reason that is why we need to be careful for good.


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September 10, 2022, 02:20:14 PM
Merited by The Sceptical Chymist (3)
 #207

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.

Being self-employed or having your own personal business comes with its own set of challenges, but no one will settle for less; when you start facing challenges like this, you have to improvise and look for a better solution for yourself; there are many people who do the same as you and did not quit or stop; endurance is the key here, and looking forward to making your own product or services unique.
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. What do you think is the way forward?
Being your own boss is preferable to working for a company or person who will force you to rely solely on the salary they pay you. You can only benefit if you acquire additional skills that are marketable, failing which you will have to work until your next salary is paid.

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September 11, 2022, 01:42:59 PM
Merited by fillippone (2)
 #208

Entrepreneurship means we are in full control of the processes we have to do, we are the drivers that will take our business to where we are, the process is directly related to sales, it takes innovation, persistence and continuously expanding our reach.
It can be said that this Entrepreneurship requires a very proactive Business Control Management, and strongly adheres to the business that someone is running, if the entrepreneur plays a role in sales, it may be creative and innovation is needed in it.

While the office is at a comfortable level, we are not the only ones who determine the company or office journey, collective work is needed on this issue, according to the responsibilities of each field.
Being in the office area and belonging to someone's office makes a person's atmosphere very comfortable, of course the organization in the office has many fields, as well as his work.

Believe me, there are still quite a lot of people out there who are unable to meet their basic needs in daily life, there are even people who only eat one meal a day.
Choose what suits your abilities, entrepreneurship and office work are two things that can be combined into one, or choose the right one for us to live.
Actually someone has an ability that he can rely on both in running entrepreneurship and to participate in office work, and I agree that entrepreneurship and office work can be combined but this depends on the office job, if this part time office job can be combined with entrepreneurship and vice versa if the office work is full time maybe this will be very difficult to combine.
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September 11, 2022, 04:21:06 PM
Merited by The Sceptical Chymist (3), fillippone (2)
 #209

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?


When it comes to having a business, it has its own obstacles because of things like the rising cost of living in our country, which makes it difficult to pay for things like utilities, transportation, and food with the little money that is earned.
-Facilities.
-Government program and policies that are inconsistent.
-Many different taxes and levies.
-Dumping and undue competition.
-No exposure to technology.
-Inflation.
-Increase in exchange rate.
Quote
What do you think is the way forward?
Every person should, in my opinion, have a budget and multiple sources of income. You can work as a civil servant and also run your own business, provided you know what kind of enterprise to start and what kind of environment it will thrive in. You should also research the area's needs before developing a business plan because great entrepreneurs are known for their ability to solve problems. Actually, starting your own business is not a bad idea.

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September 11, 2022, 05:26:30 PM
 #210

I have been taking classes with the local Small Business Development Corporation (SBDC) to write a business plan. I have learned capital is key. According to my projections, and I am told this is semi-common, the first two years would be sunk costs and profit would start into the third year. Others have somebody else with an income and their business is not the only income. On whole, I believe people who work "in an office" (which now can be "work from anywhere" in many professions) generally have higher individual net balance at the end of the day - except those who are able to grow to $20M or higher in revenues.

If you have sufficient money, then a business can be a place to generate income ... generally, it takes a job to get that income or pawning your house. Few will do a private placement and raise funds through equity capital. Business that can be started with low barriers will soon be saturated, e.g., Bitcoin mining.

However, I will add that another option is changing industries. That can lead to different culture, income and satisfaction. I am considering that, right now, because the industry in which I work is too authoritarian.
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September 11, 2022, 05:47:46 PM
 #211

If you have sufficient money, then a business can be a place to generate income ... generally, it takes a job to get that income or pawning your house. Few will do a private placement and raise funds through equity capital. Business that can be started with low barriers will soon be saturated, e.g., Bitcoin mining.
In essence your saying, those running a business without sufficient income won't be able to generate income from there operations?
That won't be accurate as I see a lot of them in my country running a table market just at the road side for those not able to rent a shop and display there business. I won't take it that I know much into the lives of these persons but from my rulings on most and the time they give to there business, you can tell its there sole dependency for survival and they ensure to manage it good.
Once you realise your business to be a separate entity from yourself, you site it in a good location of demand and manage it good, you'll be good too.

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September 11, 2022, 11:54:44 PM
 #212

If you have sufficient money, then a business can be a place to generate income ... generally, it takes a job to get that income or pawning your house. Few will do a private placement and raise funds through equity capital. Business that can be started with low barriers will soon be saturated, e.g., Bitcoin mining.
In essence your saying, those running a business without sufficient income won't be able to generate income from there operations?
That won't be accurate as I see a lot of them in my country running a table market just at the road side for those not able to rent a shop and display there business. I won't take it that I know much into the lives of these persons but from my rulings on most and the time they give to there business, you can tell its there sole dependency for survival and they ensure to manage it good.
Once you realise your business to be a separate entity from yourself, you site it in a good location of demand and manage it good, you'll be good too.
Some people are born rich and they have struggle less to earn money.
So are born poor and they keep struggling for the rest of their lives to meet their end. If you are born poor and die poor that is your fault - this also means that you have not struggled in the right direction.

Unfortunately not all people have access to all means to create their own hustle since there are people especially live in provinces doesn't now anything especially if they are lacking on education. So I guess to have better chances for people to get out on what huge struggle they are on is thru education since if many people has been educated for sure they know how to find ways to enhance their life and get away on the life which they encounter so many struggles.

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September 12, 2022, 04:36:07 AM
 #213


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.
Not everyone who has an office job can do a side business or open an entrepreneur, because a full time job will be very impossible for someone if he wants to open another entrepreneur, except for people who work only part of the time, and this free time can be used as an opportunity to work. he founded an entrepreneur.

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September 12, 2022, 09:48:36 PM
 #214

Job and business are cool, doing a business is like investing some of the money earned from your job, doing this is building more money and if the job is to be no more the business is something that can be rely on.  To build wealth it is impossible for one to only rely on the money earned from job. Every billionaire have a business doing.
The problem is not that simple. When we talk about work or we can say working in a company we only focus on our work and get money as wages for what we do, regardless of the company's profit or loss even though it is indeed important but when we are not part of it then we are not we need to think about it, what we only think about is how the work we have to do can be completed properly and efficiently, that's all.
But for business, indeed when you say this at first glance it looks like it's easy to do but in fact we must have extra capital and time.
When it comes to business, it's all we have to bear. Likewise with finance because in business we cannot forget about funding as initial capital which can be said to be extra too because otherwise we cannot do much in running a business.

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September 12, 2022, 11:46:40 PM
 #215

Job and business are cool, doing a business is like investing some of the money earned from your job, doing this is building more money and if the job is to be no more the business is something that can be rely on. 
It's cool when it's already established and stable. Having a business isn't for everyone's cup of tea, there goes those people that don't want to take risk and don't like to do more effort than what they do in their jobs. Business owners aren't just like a type of person that boss around but they're the ones that established the beginning of it and does more job than everyone else.

To build wealth it is impossible for one to only rely on the money earned from job. Every billionaire have a business doing.
It's true but there are high paying jobs that you can be set off for life if you have one.



 

 

 

 

 

 


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September 13, 2022, 01:13:20 PM
 #216

Generally, being self-employed is preferable to working for someone else, regardless of the benefits. If you are an entrepreneur, you can make as much profit as possible and the profits will still be yours, whereas if you work or trade to get paid, you are dependent on your employee and any profits made will not go for you; the only thing you get is your agreed salary.
Although both have significant risks, being on your own is preferable because the risk can be managed.

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September 15, 2022, 09:19:49 PM
 #217

Generally, being self-employed is preferable to working for someone else, regardless of the benefits. If you are an entrepreneur, you can make as much profit as possible and the profits will still be yours, whereas if you work or trade to get paid, you are dependent on your employee and any profits made will not go for you; the only thing you get is your agreed salary.
Although both have significant risks, being on your own is preferable because the risk can be managed.
Both are good options - but if your job ends - what are you going to do.
So having a small side hustle is a good option. You learn some management and your vision widens.
I think having both side by side is the best option 

But if you do have that 8-5 job then having more things to be done after those hours would really be entirely exhausting thats why it would really depends if someone would able to bare out
on spending more hours on extending their work or things to do after a long hours of work but for the sake of goals and targets in life then its not really bad to have those considerations.
If you do just know on how to adjust up your time and have still those balanced lifestyle despite of too much hours engagement on work and business then it should be fine.
There are some sacrifices which is needed for us to reach our goals yet its normal that it wont really be an easy path to take.

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September 16, 2022, 06:49:37 AM
 #218

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.
Anyone can become an entrepreneur, they don't have to be big financially, they all come from small, which will later grow to be big, that's why there are many processes that occur, so I think even though we are financially supportive, but our expertise in the field we are living, we don't understand, then it won't work. well, all entrepreneurs will prefer where they have mastered everything, so they can do it without having big financial capital.

Working in an office does have a salary, it depends on the place where we work, but what is certain is that the salary of an office will not exceed the income of an entrepreneur because he is the boss and he will get all his income.

Anyone can do it myself. I work in an office that is still running, while entrepreneurship is still in the process stage to show that I can become a successful entrepreneur.

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bitgov
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September 16, 2022, 07:48:38 AM
 #219

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.
Anyone can become an entrepreneur, they don't have to be big financially, they all come from small, which will later grow to be big, that's why there are many processes that occur, so I think even though we are financially supportive, but our expertise in the field we are living, we don't understand, then it won't work. well, all entrepreneurs will prefer where they have mastered everything, so they can do it without having big financial capital.

Working in an office does have a salary, it depends on the place where we work, but what is certain is that the salary of an office will not exceed the income of an entrepreneur because he is the boss and he will get all his income.

Anyone can do it myself. I work in an office that is still running, while entrepreneurship is still in the process stage to show that I can become a successful entrepreneur.
Job and business both side by side.
I started a small business by investing in Airbnb and it was good before COVID and then Coivd hitted me hard on my face and my business was in loss.
So I switched to my old job for the money - so that I don't not panic at the last moment when I have to pay the rent.

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salad daging
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September 16, 2022, 10:52:25 AM
 #220

Anyone can become an entrepreneur, they don't have to be big financially, they all come from small, which will later grow to be big, that's why there are many processes that occur, so I think even though we are financially supportive, but our expertise in the field we are living, we don't understand, then it won't work. well, all entrepreneurs will prefer where they have mastered everything, so they can do it without having big financial capital.

Working in an office does have a salary, it depends on the place where we work, but what is certain is that the salary of an office will not exceed the income of an entrepreneur because he is the boss and he will get all his income.

Anyone can do it myself. I work in an office that is still running, while entrepreneurship is still in the process stage to show that I can become a successful entrepreneur.
Job and business both side by side.
I started a small business by investing in Airbnb and it was good before COVID and then Coivd hitted me hard on my face and my business was in loss.
So I switched to my old job for the money - so that I don't not panic at the last moment when I have to pay the rent.
Work must not be released to guard against adversity that we cannot predict, including the Covid that hit the world, many businesses have gone bankrupt due to this problem but slowly we have to start again being entrepreneurs with the capital we have so that the business continues and the work can cover it rent every month.

But it's undeniable that everyone has experienced the same thing or has had a difficult time due to Covid, so now we can start at least we'll go back to normal in the future, don't rely on work alone, it won't be enough for living expenses.

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BRINIRHA
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September 16, 2022, 12:05:55 PM
 #221

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.
Anyone can become an entrepreneur, they don't have to be big financially, they all come from small, which will later grow to be big, that's why there are many processes that occur, so I think even though we are financially supportive, but our expertise in the field we are living, we don't understand, then it won't work. well, all entrepreneurs will prefer where they have mastered everything, so they can do it without having big financial capital.

Working in an office does have a salary, it depends on the place where we work, but what is certain is that the salary of an office will not exceed the income of an entrepreneur because he is the boss and he will get all his income.

Anyone can do it myself. I work in an office that is still running, while entrepreneurship is still in the process stage to show that I can become a successful entrepreneur.
totally agree with your opinion about building entrepreneurship. Opening your own business is difficult at first. because in addition to financial capital is a constraint. but the most important capital is expertise and courage in taking steps. because when we step into the entrepreneurial zone. then from there we get out of the comfort zone and safe. and it takes a lot of courage. then only people who dare to take risks are always successful in building entrepreneurship. Opening your own business is called high risk because you will not have a fixed salary like working in an office. our income depends on our success or failure in building the business itself. if we fail then the loss is obtained. but we still have an advantage in terms of lessons from the failures that we experience. so that when we start again, we already know where the mistakes that made our previous efforts failed. that is why it is said that Experience is the best teacher. In addition, the capital that must be owned by a businessman is mental capital and mindset capital. because often mental will be tested a lot in business and in entrepreneurship.

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September 16, 2022, 06:39:46 PM
 #222

Generally, being self-employed is preferable to working for someone else, regardless of the benefits. If you are an entrepreneur, you can make as much profit as possible and the profits will still be yours, whereas if you work or trade to get paid, you are dependent on your employee and any profits made will not go for you; the only thing you get is your agreed salary.
Although both have significant risks, being on your own is preferable because the risk can be managed.
I agree with this, risk is unavoidable even though we are employees. But being an entrepreneur is more able to develop the potential that is in ourselves. Being entrepreneurs we are required to be more creative, I'm not saying that being an employee is not creative, but there are fundamental differences there. Being an employee we have got the main task of the company.
All professions have their own strengths and weaknesses, but if I had to choose I would be more interested in being a ruler.

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September 16, 2022, 08:12:37 PM
 #223

Generally, being self-employed is preferable to working for someone else, regardless of the benefits. If you are an entrepreneur, you can make as much profit as possible and the profits will still be yours, whereas if you work or trade to get paid, you are dependent on your employee and any profits made will not go for you; the only thing you get is your agreed salary.
Although both have significant risks, being on your own is preferable because the risk can be managed.
I agree with this, risk is unavoidable even though we are employees. But being an entrepreneur is more able to develop the potential that is in ourselves. Being entrepreneurs we are required to be more creative, I'm not saying that being an employee is not creative, but there are fundamental differences there. Being an employee we have got the main task of the company.
All professions have their own strengths and weaknesses, but if I had to choose I would be more interested in being a ruler.
Being self employed doesnt automatically means that we would really be having that job forever which there's still a certain risk that you might able to lose that job and if you dont make yourself other

back up investment or businesses then your fucked since there are no other source of income you do have unless if you do get some job directly after you've been fired or laid off.

There's no assurance or guarantees on this world even on dealing with those typical things.This is why it would be more wise and sensible if you do always set out Plan B or Plan C and so on....

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September 17, 2022, 05:07:44 AM
 #224


I agree with this, risk is unavoidable even though we are employees. But being an entrepreneur is more able to develop the potential that is in ourselves. Being entrepreneurs we are required to be more creative, I'm not saying that being an employee is not creative, but there are fundamental differences there. Being an employee we have got the main task of the company.
All professions have their own strengths and weaknesses, but if I had to choose I would be more interested in being a ruler.
Being self employed doesnt automatically means that we would really be having that job forever which there's still a certain risk that you might able to lose that job and if you dont make yourself other

back up investment or businesses then your fucked since there are no other source of income you do have unless if you do get some job directly after you've been fired or laid off.

There's no assurance or guarantees on this world even on dealing with those typical things.This is why it would be more wise and sensible if you do always set out Plan B or Plan C and so on....
That's why we are required to keep using our brains in this case, we live where when we do nothing and just stay silent then we are left behind. It's no secret when we live in an era that uses the law of the jungle but in a different version.
A backup plan still has to be done so that we don't just sit idly by on one point even though it is a good thing to do a focus in one area, but when we fail we are confused about starting over, but when there are several backup plans then we won't be too bothered with things.

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September 17, 2022, 03:40:44 PM
 #225

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 short, the advantages of entrepreneurship are being able to freely use ideas, flexible working hours, opening up job opportunities for those in need, and being the boss of your own business. but if you want to be an entrepreneur, of course the main requirement that you have to prepare is capital regardless of the economic crisis that hit the world.

On the other hand, office workers are generally defined as administrative, managerial, and professional work performed by a company or office. fields of work related to business management, financial accounting, to marketing.

These two categories have different plus points.
but if you become an office worker, of course you will have a fixed salary, minimal risk, regular working hours, and all things related to it.

Well, for me at this time I choose to become a worker, but if I have enough capital I will switch to being an entrepreneur.

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October 14, 2022, 10:07:31 AM
 #226

I think it's the same. People who work controlled by others, must have pressure, because the work is piling up. And you can't just work arbitrarily. And people who have their own business, must also have pressure, as a result, for example, because there are rarely buyers. But having our own business, there is no pressure from others, we can freely manage our own business.

Well the point is, there is no easy job. All have advantages and disadvantages of each. But maybe in my opinion, there is one job that, even though it is hard, he is still happy, namely a job that is based on a hobby.

Such as actors, painters, writers, etc. But I said earlier, that all of them have their own advantages and disadvantages.
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November 07, 2022, 12:27:17 AM
 #227

I think it's the same. People who work controlled by others, must have pressure, because the work is piling up. And you can't just work arbitrarily. And people who have their own business, must also have pressure, as a result, for example, because there are rarely buyers. But having our own business, there is no pressure from others, we can freely manage our own business.
Well the point is, there is no easy job. All have advantages and disadvantages of each. But maybe in my opinion, there is one job that, even though it is hard, he is still happy, namely a job that is based on a hobby.

Such as actors, painters, writers, etc. But I said earlier, that all of them have their own advantages and disadvantages.

You are right, they all have their advantages and disadvantages. it depends on each person.
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November 07, 2022, 12:56:45 AM
 #228

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 short, the advantages of entrepreneurship are being able to freely use ideas, flexible working hours, opening up job opportunities for those in need, and being the boss of your own business. but if you want to be an entrepreneur, of course the main requirement that you have to prepare is capital regardless of the economic crisis that hit the world.

On the other hand, office workers are generally defined as administrative, managerial, and professional work performed by a company or office. fields of work related to business management, financial accounting, to marketing.

These two categories have different plus points.
but if you become an office worker, of course you will have a fixed salary, minimal risk, regular working hours, and all things related to it.

Well, for me at this time I choose to become a worker, but if I have enough capital I will switch to being an entrepreneur.

Both of them are good they have their pros and cons ,office job is less risky, fixed working hours,fixed salary, other facilties and entrepreneurs or business is very risky, flexible working hours, income keeps on fluctuating too depending upon profits. But I think office job is a much safer and permanent option and it should never be left if you have any and if you want to do some business do sideways invest in small business let's wait for the results first  and if it works than think about quitting options.  


Agree, but if business will be successful then it can make you rich. As other said there is no one going to be rich in working 8 -5pm business is really the key to success. Office set up is you are really us secured that you'll be getting money, which is good for people that have a family like me so that we do have money to spend on our daily needs, but I really want to invest into business, but I am scared if it wouldn't be successful since the consequence is that ill be in debt and without money.
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November 07, 2022, 03:08:21 AM
 #229

I don't know if we are moving towards a economic depression. The burden of population is leading to fall in economy. We are not short of luxuries like homes or tech gadgets. We are short of essential needs. Pollution and global warming are complicating things further. I think it's time when science can only help us in fighting these desperate times and we need to shift in that direction. We need entrepreneurs with zeal to solve problems of the world, not just economic but social as well. So for me it's entrepreneurship
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November 07, 2022, 05:42:11 AM
Last edit: November 07, 2022, 06:08:27 AM by Dickiy
 #230

Agree, but if business will be successful then it can make you rich. As other said there is no one going to be rich in working 8 -5pm business is really the key to success. Office set up is you are really us secured that you'll be getting money, which is good for people that have a family like me so that we do have money to spend on our daily needs, but I really want to invest into business, but I am scared if it wouldn't be successful since the consequence is that ill be in debt and without money.
I suggest if you want to be a smart investor never use borrowed money, because it is a very high risk for your finances, you will get a lot of problems if you use borrowed money, many investor advisors say if you want to invest use money that is safe and does not have any attachments for your needs. maybe you should read more about how to build fundamentals to become an investor.



Being self employed doesnt automatically means that we would really be having that job forever which there's still a certain risk that you might able to lose that job and if you dont make yourself other

back up investment or businesses then your fucked since there are no other source of income you do have unless if you do get some job directly after you've been fired or laid off.

There's no assurance or guarantees on this world even on dealing with those typical things.This is why it would be more wise and sensible if you do always set out Plan B or Plan C and so on....
Sometime business fail and the only option we are left with is going back to our job.
I my case - none of my business plan succeeded - maybe I am too poor at planning or maybe I am to unlucky to start my own business.
I ended up applying for the jobs again - what a poor entrepreneur me!

Usually, the entrepreneurial spirit uses failure as the most important learning material in the course of his career because he can identify the causes of failure that he experienced so as not to repeat it in the future. you should have a plan B or C to anticipate failure, even though you don't have a plan, at least bounce back and fix the mistakes. but maybe you, even more, give up and go back to your old job. and I suggest if you want to get back up, it's better not to use all of your capital but save some of it as an emergency fund for your business so that when you fall you can still get back up with confidence.
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November 07, 2022, 03:16:06 PM
 #231

If you have the capital, simply do a research and engage to entrepreneurship or have your own business. If you are lacking resources, you can first make your own by applying for a job, saving, then wait for that right time to do so. No need to rush; check on your circumstances and capabilities to kknow which should be prioritized. We don't have the same life so what worked for me, might not or also work for you. It always depend on factors which might affect you.
I don't know if we are moving towards a economic depression. The burden of population is leading to fall in economy. We are not short of luxuries like homes or tech gadgets. We are short of essential needs. Pollution and global warming are complicating things further. I think it's time when science can only help us in fighting these desperate times and we need to shift in that direction. We need entrepreneurs with zeal to solve problems of the world, not just economic but social as well. So for me it's entrepreneurship
Entrepreneurs are not focused with technology alone. There are industries an individual may choose from. So I guess if it is solving problems of the world, which is the issue, Entrepreneurs could indeed help but they won't be the main source of help you are looking for.

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November 07, 2022, 04:52:25 PM
 #232

Agree, but if business will be successful then it can make you rich. As other said there is no one going to be rich in working 8 -5pm business is really the key to success. Office set up is you are really us secured that you'll be getting money, which is good for people that have a family like me so that we do have money to spend on our daily needs, but I really want to invest into business, but I am scared if it wouldn't be successful since the consequence is that ill be in debt and without money.
I suggest if you want to be a smart investor never use borrowed money, because it is a very high risk for your finances, you will get a lot of problems if you use borrowed money, many investor advisors say if you want to invest use money that is safe and does not have any attachments for your needs. maybe you should read more about how to build fundamentals to become an investor.

The only problem is that we don't have enough money to invest in a business; if not, you really need to take out a loan to be able to invest in it, though I agree it is very risky, and you are not secured that your business will be successful. What most other advice is that if you really want to invest in a business and you need to take a loan, you should first find a job so that even if your business is unsuccessful, you still have a backup plan or you can still pay your debt, though it would be painful, at least you can still recover.
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November 07, 2022, 09:04:13 PM
 #233

The only problem is that we don't have enough money to invest in a business; if not, you really need to take out a loan to be able to invest in it, though I agree it is very risky, and you are not secured that your business will be successful. What most other advice is that if you really want to invest in a business and you need to take a loan, you should first find a job so that even if your business is unsuccessful, you still have a backup plan or you can still pay your debt, though it would be painful, at least you can still recover.

Not all people have a knack for business and not all people are good entrepreneurs.  We can try to establish our own business but if we don't have a knack for it even with the knowledge, it won't flourish.  But for those who are willing to try, if they have funds then do thorough research and after knowing the left and right start the business asap.  Time is essential so it is best not to waste time.  But for those who don't have the fund, you better look for a stable job, save, and save more.  Job is an assurance that we will have funds every month so we need to secure it before securing our own business in the futre.

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sulendra12
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November 07, 2022, 09:39:16 PM
 #234

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.
Being an entrepreneurship is really challenging especially if you don't have background or experience to do it. The things like rival, actually managing your actual assets, keeping things under control are pretty difficult to do for someone is actually controlling everything. It affects both physical health and mental health to do it, it's really tiresome activities.

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?
This one just depends on where you live and how do you manage the salary to be actually sufficient for the entire month. In here, working on office does give you quite decent of money and with the proportion of the lifestyle in here, they could definitely buy something luxury in few months if they are saving it up. It's not the same for every place though.

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Lak93xy
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November 07, 2022, 10:52:01 PM
 #235

I've been an entrepreneur my whole life. Started my own buckwheat shop at the sales when I was 8 years old. Buckwheat as an industry is derived from the fact that my father is a known farmer in my local area.
Started with Bitcoin in 2014 and never looked back after that. Most new projects are now related to Web3.

Nevertheless, I've never been happier to be a boss of my own time. Literally.

#BTC is king.
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November 08, 2022, 12:01:07 AM
 #236

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?


if that's the case, I choose to stay temporarily in my comfort zone, or work in someone else's company first.

because the current economic situation is very difficult for entrepreneurship, especially small entrepreneurs.
for the time being I prefer to work first to continue to survive and look for new innovations for entrepreneurship again in the future.

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Dickiy
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November 08, 2022, 07:25:44 AM
Merited by fillippone (2)
 #237

Agree, but if business will be successful then it can make you rich. As other said there is no one going to be rich in working 8 -5pm business is really the key to success. Office set up is you are really us secured that you'll be getting money, which is good for people that have a family like me so that we do have money to spend on our daily needs, but I really want to invest into business, but I am scared if it wouldn't be successful since the consequence is that ill be in debt and without money.
I suggest if you want to be a smart investor never use borrowed money, because it is a very high risk for your finances, you will get a lot of problems if you use borrowed money, many investor advisors say if you want to invest use money that is safe and does not have any attachments for your needs. maybe you should read more about how to build fundamentals to become an investor.

The only problem is that we don't have enough money to invest in a business; if not, you really need to take out a loan to be able to invest in it, though I agree it is very risky, and you are not secured that your business will be successful. What most other advice is that if you really want to invest in a business and you need to take a loan, you should first find a job so that even if your business is unsuccessful, you still have a backup plan or you can still pay your debt, though it would be painful, at least you can still recover.

If you don't have the capital to invest in an asset or company, don't force yourself to borrow, especially if you don't understand the investment world and have a gambler's mindset because it will destroy your portfolio. whether you are a worker or an entrepreneur or even an investor will never succeed if you use the mindset of a gambler. although the presentation of success is there but it is very small.
And it is true that when a person starts a business there will be no guarantee that he will succeed, but in my opinion, there is someone who can guarantee his success, namely himself. someone who has confidence in his abilities will always be confident and work smart in every hard work. neither worker nor entrepreneur no one guarantees success in any profession except himself.
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November 13, 2022, 01:43:54 AM
 #238

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?


it is undeniable that many bankrupt entrepreneurs and workers in promising places can no longer maintain their sources of livelihood because they are laid off, not even a few of the middle class become poor and unemployed, and not even a few sell their houses to meet the needs of their families.
This is a very difficult case to solve, and many governments in any country are looking for a solution to this.
again this is correlated with inflation which causes purchasing power to decrease in line with rising commodity prices.
I think if you have the ability as a creative and innovative content creator or something else on social media, I think it's quite relevant today.
jakdanyel
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November 13, 2022, 05:18:32 AM
 #239

Everything feels more difficult when a person works for a salary in someone else's business, not in his own business. For example; no one wants to do it when they are asked to do a little more work than they should. Apart from this, he may also be lazy to do work during normal working time. Efficiency decreases when there is no desire to work.
But this is not the case when people do their own thing. They will do everything in their power to earn more money. They can overwork every day and not be bothered by it. That's why doing your own business is an opportunity to earn more money.

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November 13, 2022, 07:37:43 AM
 #240

I plan to become an entrepreneurship, but to succeed in becoming an entrepreneurship is a difficult thing, and of course it takes good finances, now I learn a lot about plantations, especially cassava plants, in my country it takes at least 10 months to harvest cassava and I am developing cassava so that cassava is can be harvested for only 6 months


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November 13, 2022, 08:51:19 AM
 #241

Entrepreneurship looks more tempting than office work. But there are pros and cons everywhere. When you start your own business you have freedom, you do not have to answer to anyone, the income is also higher (most of the time). At the same time it is a great strain on the nervous system, as you need initial capital, some experience, you do not have a stable salary, there are a large number of issues that you need to solve yourself. Working in an office gives a stable income, all the necessary tools and resources to perform tasks. However, it's still a job for someone, where you'll be required to report on the tasks you complete. I think that before starting your own business, you need to work for someone first, gain experience and the necessary connections. If I have to choose for myself, I always give preference to teamwork.
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November 13, 2022, 09:41:31 AM
 #242

I plan to become an entrepreneurship, but to succeed in becoming an entrepreneurship is a difficult thing, and of course it takes good finances, now I learn a lot about plantations, especially cassava plants, in my country it takes at least 10 months to harvest cassava and I am developing cassava so that cassava is can be harvested for only 6 months

I'm not sure why it will take ten months to get cassava in your area. Because it only takes 6 to 7 months in the Philippines. Your weather has a big factor in it. as well as fertilizers. When you want to plant, make sure that the market value is not low or that you predicted it would be high in the following months, as most farmers here do to make a profit because the cost of fertilizer and labor is high. They can't get enough profit from it.
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November 14, 2022, 03:12:50 AM
 #243

Now you need to know the industry information to start a business, and more importantly, you need to have a start-up fund.
This year, many companies and factories closed down due to poor management. Your regular salary is not enough to support your life and you may consider changing jobs or finding a side hustle.
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November 16, 2022, 02:20:50 AM
 #244

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?


When the economic situation is difficult, I personally think it is necessary to find a job. At this stage, as long as you don’t lose money, you are making money, and then spend a little bit every month to make targeted investments, such as Bitcoin. Of course, everyone's situation is different, and I am in this state now.
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November 16, 2022, 07:41:17 AM
 #245

The person who has an office job around him still has to start a business by himself, which probably means that he is dissatisfied with his current situation and has a restless heart. And I believe that with my own efforts, I can make my life better.
One of the ways to achieve financial freedom is self-employment. Although self-employment often goes bankrupt within a few years, for those with unique vision, self-employment is an opportunity to make a lot of money. It's much easier to earn money than working in a decent company.
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November 16, 2022, 09:16:32 PM
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 #246

Entrepreneur isn’t comimg so easy. It is very hard to acquire. I am an Entrepreneur. So I can understand, why so difficult to be an Entrepreneur. If you lead a company, you can fail or success in our life. If you success, you have earned huge property and money. On the other hand, taking an official job, you can be only happy.. But at this moment, the office job is not giving you such monthly salary as like the economical condition.

Being an entrepreneur requires extra work to be successful. The funding aspect of being an entrepreneur is where many people run into problems, but countries from developed governments have programs to support MSME, so if your country is one of them, you won't face any difficulties moving forward. However, if a country doesn't support its entrepreneurs, they will probably fail before they reach their full potential. I will choose Entrepreneur in a working developed country instead of wearing a bow tie to the office every morning and answering unnecessary queries that are not significant.

Private Venture Capitals aren't even helping small businesses because of the share they demand; they do offer support but only in exchange for 40% or more ownership in the company, and any wise and intelligent entrepreneur wouldn't accept those kinds of offers just to revive their dying business because it isn't the best and sufficient in the long run.


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November 16, 2022, 11:15:51 PM
 #247

At this time I only rely on office jobs because I don't have the skills needed to become entrepreneurship, especially the challenges and risk of entrepreneurship at this time are very large because the competition is very tight, it is easy to get information to make everyone try to become an entrepreneurship but unfortunately most people are not patient so When once or twice fails it will stop.
Yes, not all does have the capability when it comes to marketing or entrepreneurship totally or overall which means that they've decided to remain still into their day jobs and still not decide on touching up this
industry since they do believe that they wont really be that effective that much on this area.Well its true since not all had touched up this area or industry turns out to be successful.There are people who do
failed up and committing lots of mistakes which resulting into loss of money considering that this one still needs up capital which it is really that been part.
So its a personal choice whether you could put up that risk or not because not all does have the time and not all does have the money on starting up this is why we do
see different scenarios or decisions that had been made up.
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November 16, 2022, 11:29:45 PM
 #248

I relate this matters with upbringing. If a person grown with white collar parents or working under someone's job; its really difficult for them to handle problems from their own jobs. But if their parents have their business they grown up as a entrepreuner and they see possibilities all the time. Then being entrepreuner is suit for them. But its not mean, birth as a entrepreuner or not.  If you have big desires to be successful you can do it. Everything is up to you! Be successful or loser!
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November 16, 2022, 11:34:37 PM
 #249

The person who has an office job around him still has to start a business by himself, which probably means that he is dissatisfied with his current situation and has a restless heart. And I believe that with my own efforts, I can make my life better.
One of the ways to achieve financial freedom is self-employment. Although self-employment often goes bankrupt within a few years, for those with unique vision, self-employment is an opportunity to make a lot of money. It's much easier to earn money than working in a decent company.
It takes many things to be an entrepreneur, it takes a lot to be self-employed, this means you have to take all the risk and bear the consequences of the risk . This is what people are afraid to engage especially now that the economy is nothing to write home about . That is why some people have decided to stick to job that would pay them every month no matter the outcome.
Some people thinks that it is only money that guarantee to be an entrepreneur. Money is just the secondary aspect, the most important thing is the idea and the ability to stand by the idea, no matter the outcome.

R


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November 16, 2022, 11:58:22 PM
 #250

I relate this matters with upbringing. If a person grown with white collar parents or working under someone's job; its really difficult for them to handle problems from their own jobs. But if their parents have their business they grown up as a entrepreuner and they see possibilities all the time. Then being entrepreuner is suit for them. But its not mean, birth as a entrepreuner or not.  If you have big desires to be successful you can do it. Everything is up to you! Be successful or loser!
Or don't be a loser but is open to challenges that shall lead you to become a successful entrepreneur or even a career person. Whatever is suiting you to be successful in any path that you want to take, it won't be that easy. Even if you're a son or daughter of a successful businessman, I'm sure that they won't just turnover to you their successful business but they want you to experience every hardship that they've been through so that you'll appreciate the experience and lesson they want you to gain.

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November 17, 2022, 01:14:19 AM
 #251

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 will choose to maintain entrepreneurship.
even though when opening a business in a difficult economic situation and the attractiveness of the community is low, you shouldn't close your business, but you have to think about how the business must continue and have high interest.
Being an entrepreneur doesn't always go smoothly according to our thoughts, there must be times when the business is quiet and we are required to think about how the business will be busy again. for example, the business theme is replaced with something that draws a unique societal appeal. so that our efforts always have developments every time the attractiveness of buyers decreases.
we become entrepreneurs indirectly already become the boss of our own company and if the company's income starts to decrease we as bosses have to think about continuing the business so that the profit income increases again, not even closing the business.


Some people thinks that it is only money that guarantee to be an entrepreneur. Money is just the secondary aspect, the most important thing is the idea and the ability to stand by the idea, no matter the outcome.
if someone wants to be an entrepreneur but is already thinking about money, I think it won't work.
but if someone wants to be an entrepreneur and thinks of a process to grow his company bigger and has a good idea to make his business bigger that would be even better.
Indeed, all of this requires money to push for the better, but at least don't think about money or profits first, but think about enjoying the process of developing your own business to make it bigger. if the business has become large and has high buyer interest, there is no need to think about money, of course the profits will always flow

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November 17, 2022, 01:33:34 AM
 #252

I relate this matters with upbringing. If a person grown with white collar parents or working under someone's job; its really difficult for them to handle problems from their own jobs. But if their parents have their business they grown up as a entrepreuner and they see possibilities all the time. Then being entrepreuner is suit for them. But its not mean, birth as a entrepreuner or not.  If you have big desires to be successful you can do it. Everything is up to you! Be successful or loser!
Or don't be a loser but is open to challenges that shall lead you to become a successful entrepreneur or even a career person. Whatever is suiting you to be successful in any path that you want to take, it won't be that easy. Even if you're a son or daughter of a successful businessman, I'm sure that they won't just turnover to you their successful business but they want you to experience every hardship that they've been through so that you'll appreciate the experience and lesson they want you to gain.

Its easy to say don't be a loser but when it comes to action most of them will fail. Because they don't have enough energy, motivation, brave etc. etc. They know what it will cost but they don't work hard as much as needed. Some of them will give up after some failures. But small percentage of it will be successful.

I have many friends which tried many business attemption but they failed. Because they thought they are boss but they are just a employee of their companies. If they work hard they get the prize. If they don't they pay their failure with their money and time. They had brave but they didn't have right strategy.

By the way speaking about my friend most them now working as a 08:00-19.00 worker. Whenever I mentioned about their business attemption they said " Come on dude! Now I have enough time for myself! Before I had to work even mid of night. But now 5 and half day I'm working and my salary is fixed. Being entrepreuner is not easy for like me". Look at those mindset.  They just gave up on their future. They thought being normal worker is fine for themself but they missed their big possibility to future.

If you want to be successful businessman: Dream big, work hard, be better than yesterday, learn from mistakes ( Not just yours, releated person and companies' mistakes ).
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November 17, 2022, 02:36:54 AM
 #253

At this time I only rely on office jobs because I don't have the skills needed to become entrepreneurship, especially the challenges and risk of entrepreneurship at this time are very large because the competition is very tight, it is easy to get information to make everyone try to become an entrepreneurship but unfortunately most people are not patient so When once or twice fails it will stop.

Entrepreneurship is not for everyone though. And, it is perfectly fine if your way of living is not through entrepreneurial. Though having your own business may generate unlimited income for you, but having a job is easier than creating your own company and employ someone.
There is always going to be a supplier and a consumer, so it's never gonna happen that everyone owns a business. So, stop overthinking that working for someone was a bad idea, I knew a lot of people who lives a comfortable life while they work for someone or an employer. If you think entrepreneurship is not your forte, then don't force yourself to step in that kind of business and just continue what you do best. 

R


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November 17, 2022, 01:33:03 PM
 #254

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, in the current economic situation, a combination of two ways of generating income is necessary - wage labor and business. 

Currently, the whole world is in a recession.  Therefore, both employees and entrepreneurs bear huge economic risks.  It is impossible to minimize these risks. 

However, they can be differentiated. 

The more incoming financial flows a person has, the better.  The world is changing and people also need to become more flexible and diverse.

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November 17, 2022, 01:42:34 PM
 #255

I relate this matters with upbringing. If a person grown with white collar parents or working under someone's job; its really difficult for them to handle problems from their own jobs. But if their parents have their business they grown up as a entrepreuner and they see possibilities all the time. Then being entrepreuner is suit for them. But its not mean, birth as a entrepreuner or not.  If you have big desires to be successful you can do it. Everything is up to you! Be successful or loser!
If it comes from a family inheritance, it is easy to become an entrepreneur; I mean, it is easy to start a business because you have already put your foot in it, but coming from a low-income family with only minimum wage, the transition is very difficult because we don't have capital at first, we need to take risks, and those risks can affect you and your family. The last is that society or some of your friends keep dragging you down because they don't believe you can. I envy people whose parents own businesses because they can inherit them, whereas people like us look for work. Still, if we believe in ourselves, we can be entrepreneurs someday.
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November 17, 2022, 02:18:04 PM
 #256

I think the easiest thing for me who has just graduated from school is an office job, and I have been working in the office for about 8 months even with a small salary, of course I plan to become Entrepreneurship if I already have good capital and skills so I can be successful and not tied anymore with routine and working hours.
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November 17, 2022, 10:59:28 PM
 #257

I think the easiest thing for me who has just graduated from school is an office job, and I have been working in the office for about 8 months even with a small salary, of course I plan to become Entrepreneurship if I already have good capital and skills so I can be successful and not tied anymore with routine and working hours.
I did office job for around 16 years and during COVID - I was jobless.
It was very tough time - and I started my small ventures - they are not big profits but they are not loss either. So I prefer small personal ventures with office jobs.
Lots had lost their jobs with that pandemic situation 2 years ago but now where things going back to normal then this is where people do start on recovering out after that disaster.

This is why on the time that things which turns out to be normal then it would be wise on finding things which would be adding up into your income.In case where things turns out to be shit then you could
able to handle and make yourself survive even if you dont have the job.

We are living on a world where inflation do hits hard where possible fucked up scenarios could really be happening and this is why its really that wise for you to take one step ahead
or back up plans ahead.
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November 17, 2022, 11:12:04 PM
 #258

I did office job for around 16 years and during COVID - I was jobless.
It was very tough time - and I started my small ventures - they are not big profits but they are not loss either. So I prefer small personal ventures with office jobs.
It is always hard to start your own business, especially when you are jobless and have limited funds.
I am also doing this now, I'm trying to have my own business in the culinary sector. It is a small business, probably the same as your small ventures. Learning from my previous failure in this business, I am building this business with a partner (my friend). A partner can support both the idea of growing the business and the financial strength as well. I assume getting a partnership is a deserved thing to try if you have limited funds. But if you want to focus on running your business yourself, you can ignore my idea.


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November 17, 2022, 11:13:58 PM
 #259

I think the easiest thing for me who has just graduated from school is an office job, and I have been working in the office for about 8 months even with a small salary, of course I plan to become Entrepreneurship if I already have good capital and skills so I can be successful and not tied anymore with routine and working hours.
I did office job for around 16 years and during COVID - I was jobless.
It was very tough time - and I started my small ventures - they are not big profits but they are not loss either. So I prefer small personal ventures with office jobs.

I like this kind of testimony. It sounds cool, let me ask you. Can you say if you would have been richer or poorer if you have been into your small venture for 16years. 16years is a big amount of years, I assume if you have been in your small venture business for 16years, you would have been among the riches and most recognised business owners in your town.
Salary work will make you believe you are lazy and cannot do any great things on your own. Business is fine, skills is fine.

R


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November 17, 2022, 11:55:46 PM
 #260

Or don't be a loser but is open to challenges that shall lead you to become a successful entrepreneur or even a career person. Whatever is suiting you to be successful in any path that you want to take, it won't be that easy. Even if you're a son or daughter of a successful businessman, I'm sure that they won't just turnover to you their successful business but they want you to experience every hardship that they've been through so that you'll appreciate the experience and lesson they want you to gain.

Its easy to say don't be a loser but when it comes to action most of them will fail. Because they don't have enough energy, motivation, brave etc. etc. They know what it will cost but they don't work hard as much as needed. Some of them will give up after some failures. But small percentage of it will be successful.

I have many friends which tried many business attemption but they failed. Because they thought they are boss but they are just a employee of their companies. If they work hard they get the prize. If they don't they pay their failure with their money and time. They had brave but they didn't have right strategy.

By the way speaking about my friend most them now working as a 08:00-19.00 worker. Whenever I mentioned about their business attemption they said " Come on dude! Now I have enough time for myself! Before I had to work even mid of night. But now 5 and half day I'm working and my salary is fixed. Being entrepreuner is not easy for like me". Look at those mindset.  They just gave up on their future. They thought being normal worker is fine for themself but they missed their big possibility to future.

If you want to be successful businessman: Dream big, work hard, be better than yesterday, learn from mistakes ( Not just yours, releated person and companies' mistakes ).
That's the actual motivation of don't be a loser. You may fail as much and as many as you can but don't stay in that situation being stuck. You'll have to do something for yourself because it's the only motivation that you can have.
The idea of owning a business isn't just going to circulate of being your own boss, making a business is a process and you'll be the one who works the most at the beginning and when success hits you, that's when you'll be your own boss. But the fact is that, even the boss is a successful person, they're still working the most because the habit of working hard is already attached on them.

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November 18, 2022, 05:59:05 PM
 #261

-
If it comes from a family inheritance, it is easy to become an entrepreneur; I mean, it is easy to start a business because you have already put your foot in it, but coming from a low-income family with only minimum wage, the transition is very difficult because we don't have capital at first, we need to take risks, and those risks can affect you and your family. The last is that society or some of your friends keep dragging you down because they don't believe you can. I envy people whose parents own businesses because they can inherit them, whereas people like us look for work. Still, if we believe in ourselves, we can be entrepreneurs someday.

You explained it better than me mate. The way raising really has a serious point in a person's future. But this doesn't mean everything. If it were, the caste system in india would be valid all over the world Smiley If a person knows what he really wants and acts accordingly, there is no obstacle that he cannot overcome, no success that he cannot gain.

Mevlana, who is known in Turkey and many countries, has a very meaningful saying.

Quote
Yesterday I was smart, I wanted to change the world. Today I am wise, I am changing myself.
Source: Mevlana Smiley


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November 19, 2022, 09:42:17 AM
 #262

office jobs are better but one should have his own side hustle while having jobs.
Better is subjective term. Office workers that have been used to their environment and can't leave it because of how fun and lovely their workplace is will say that it's the best thing.
Those that prefer remote work will say that working online is the best thing that has ever happened to them because they'll get to be with their family at most times while working.
Business folks will say that being an entrepreneur is the best career for them because they get to work hardly at first and when the system is already built for their business, it's all going to be passive and more freedom to them.



 

 

 

 

 

 


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November 19, 2022, 10:04:45 AM
 #263

I think the easiest thing for me who has just graduated from school is an office job, and I have been working in the office for about 8 months even with a small salary, of course I plan to become Entrepreneurship if I already have good capital and skills so I can be successful and not tied anymore with routine and working hours.
I did office job for around 16 years and during COVID - I was jobless.
It was very tough time - and I started my small ventures - they are not big profits but they are not loss either. So I prefer small personal ventures with office jobs.

Same likewise I lost my job some few months before COVID but the good thing that helped me was my poultry off growing thousands of birds helped as well with the delivery of those manures and waste dump's gotten from the bird's. It was hectic though but having daily profits trump's office jobs pre- COVID, during Covid and after COVID, there's no way you can settle for office jobs alone.

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November 19, 2022, 11:35:57 AM
 #264

I think the easiest thing for me who has just graduated from school is an office job, and I have been working in the office for about 8 months even with a small salary, of course I plan to become Entrepreneurship if I already have good capital and skills so I can be successful and not tied anymore with routine and working hours.
I did office job for around 16 years and during COVID - I was jobless.
It was very tough time - and I started my small ventures - they are not big profits but they are not loss either. So I prefer small personal ventures with office jobs.

Same likewise I lost my job some few months before COVID but the good thing that helped me was my poultry off growing thousands of birds helped as well with the delivery of those manures and waste dump's gotten from the bird's. It was hectic though but having daily profits trump's office jobs pre- COVID, during Covid and after COVID, there's no way you can settle for office jobs alone.
Yes, but there are people who are really that having ego on not to take those kind of dirty type of business or jobs because its not really something appealing to look at but on general sense
which these things could really save you up on times of hardship specially if it does talk about having an income or salary.Its up to someones choice on where he would be able to survive on everyday living.
Not all does really have the opportunity nor have the position on acquiring up these things on point on the time of problems.The main goal or mindset should we have is to survive our self
and also with our loved ones and trying to achieve on life which doesnt have problems when it comes to finances.

R


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November 19, 2022, 01:50:19 PM
 #265

I think the easiest thing for me who has just graduated from school is an office job, and I have been working in the office for about 8 months even with a small salary, of course I plan to become Entrepreneurship if I already have good capital and skills so I can be successful and not tied anymore with routine and working hours.
I did office job for around 16 years and during COVID - I was jobless.
It was very tough time - and I started my small ventures - they are not big profits but they are not loss either. So I prefer small personal ventures with office jobs.


Covid did make everything chaotic, I also lost my job because of a very bad company condition, I tried to open a restaurant but bankrupt, now I rely on income from daily home and apartment rental, I contacted the property owner and offers cooperation for daily rental and happy Can get good results.


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November 19, 2022, 02:42:51 PM
 #266

What do you think is the way forward?
Now the world recognizes that the economy is in trouble, it doesn't only impact entrepreneurship or office jobs, the two economic sources have different definitions, that's for sure.
• Entrepreneurship: With the current economic situation, you can still do business where people need it every day. You can turn to other businesses such as restaurants, livestock, aquaculture, etc. In my opinion these businesses are still thriving and busy, even though the economy is currently declining, however, it is a business, necessity.
• Office Work: the definition is that there are two government offices or private offices, when talking about private offices, of course currently many countries are laying off their employees for sales/economic reasons, maybe the current situation is not good for working in private offices.

Conclusion: private office and entrepreneurship with current conditions, the right choice is entrepreneurship you can have a career and make money depending on the business you do.

R


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November 19, 2022, 02:45:46 PM
 #267

I think the easiest thing for me who has just graduated from school is an office job, and I have been working in the office for about 8 months even with a small salary, of course I plan to become Entrepreneurship if I already have good capital and skills so I can be successful and not tied anymore with routine and working hours.
I did office job for around 16 years and during COVID - I was jobless.
It was very tough time - and I started my small ventures - they are not big profits but they are not loss either. So I prefer small personal ventures with office jobs.


Covid did make everything chaotic, I also lost my job because of a very bad company condition, I tried to open a restaurant but bankrupt, now I rely on income from daily home and apartment rental, I contacted the property owner and offers cooperation for daily rental and happy Can get good results.

The pandemic has a huge impact on our lives and made us lose even our jobs and businesses. However, we're rising and moving forward so it's the best time to choose a source of income based on our skills. I personally prefer doing an office job because I have tried doing different types of businesses before but still failed. I guess I couldn't find my luck in entrepreneurship. It's still a good time to put up a business because we're already in the recovery period. As long as you know how to handle your finances and deal with the risks of entrepreneurship then better try it.
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November 19, 2022, 03:12:32 PM
 #268

To be honest, I, who am a private employee in a company, can do self-employment while working because to be honest, if I expect a monthly salary, it cannot cover my living expenses, which is already a family. by taking advantage of social media and very limited time I can sell to market the products that I have, even though it's not very profitable but it can cover my needs.
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November 19, 2022, 03:18:32 PM
 #269

I have not worked in the office since the end of 2017 because at that time I had a business, namely a supplier of fruit, onions and garlic, the business was going well and made me get a big profit so I could buy a house, apartment and around 12 employees, but after the covid making social restrictions and high operational costs made me stop since 2020 and now only have 5 employees.
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November 19, 2022, 04:01:26 PM
 #270

I think the easiest thing for me who has just graduated from school is an office job, and I have been working in the office for about 8 months even with a small salary, of course I plan to become Entrepreneurship if I already have good capital and skills so I can be successful and not tied anymore with routine and working hours.
I did office job for around 16 years and during COVID - I was jobless.
It was very tough time - and I started my small ventures - they are not big profits but they are not loss either. So I prefer small personal ventures with office jobs.

Wow, that was a lot of experience but still ended up losing it. I also work at an office job for 3 years only, but this really hurt me a lot since my family depends on me at that time, and it is a pandemic. I am glad I could still find another work at that time. I am amazed that you take the risk to have a small business though it is a pandemic; whether your profit is small, it is still a good start, and I am sure that in a few months or years, you will be big time. For now, I will stick to a job since we need money every month, and taking a risk, like putting up a business, is risky since if it fails, we don't have anything to eat.
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November 19, 2022, 06:11:32 PM
 #271

To be honest, I, who am a private employee in a company, can do self-employment while working because to be honest, if I expect a monthly salary, it cannot cover my living expenses, which is already a family. by taking advantage of social media and very limited time I can sell to market the products that I have, even though it's not very profitable but it can cover my needs.
That is really the cue to look for a better opportunity. Your self-employment should be able to sate your wants while your full time can handle your needs even if there is nothing left in your earnings monthly.
Freelancing would be really a great way to somehow start something in the side, but first I would say that you should look for a better alternative first since there might be cases that your self-employment would just be really dry and you would not have any clients to work with, therefore you ain't going to earn a single penny.
If you had your full time at that time, you would still be able to pay your monthly bills while looking for another freelancing gigs to get another stream of income for unlike in a scenario wherein you do not have a full time work, but then one day your self-employment career became dry, it would be a horrible and stressful situation to be at.
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November 19, 2022, 06:50:56 PM
 #272

If possible having the blend of the combination of the two is a good advice, working as an entrepreneur and also being under the office job, this will help yo gather every required momentum to speed up your own enterprise into full take off whenever you're set for a launch, the experience you would have acquired is the highest and best benefit that can help sustain your own business as well, even though this might comes in with it own challenges, but at the end we all ended as an entrepreneur well established in our own business and not office job anymore.

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November 20, 2022, 04:29:18 AM
 #273

I hope so - I went through the same and started two small ventures - one of my airbnb business and other is home based nursery both  are flourishing at the small pace but they are enough to pull me out of depression.
When I am upset I go to my garden and when I am sad - I go to my Airbnb property clean it and decorate it. Noone is there to stop me what I want to do. So I am just surviving my own isolated battle
It can only become a habit of yours when you are sad or happy, even if you call it a small business, because for me that kind of thing is not a business because it can only be entertainment when you are sad or happy. It's not wrong to open a small business from a habit that we like every day because it will be more fun, but for me personally if business is only about entertaining myself, then I prefer to open a cafe on the beach by seeing a wider view every day.

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November 21, 2022, 10:24:13 PM
 #274

I hope so - I went through the same and started two small ventures - one of my airbnb business and other is home based nursery both  are flourishing at the small pace but they are enough to pull me out of depression.
When I am upset I go to my garden and when I am sad - I go to my Airbnb property clean it and decorate it. Noone is there to stop me what I want to do. So I am just surviving my own isolated battle
It can only become a habit of yours when you are sad or happy, even if you call it a small business, because for me that kind of thing is not a business because it can only be entertainment when you are sad or happy. It's not wrong to open a small business from a habit that we like every day because it will be more fun, but for me personally if business is only about entertaining myself, then I prefer to open a cafe on the beach by seeing a wider view every day.
I think it is the search for the survival to have the food on the table not about having sad or happy

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November 21, 2022, 10:57:09 PM
 #275

I hope so - I went through the same and started two small ventures - one of my airbnb business and other is home based nursery both  are flourishing at the small pace but they are enough to pull me out of depression.
When I am upset I go to my garden and when I am sad - I go to my Airbnb property clean it and decorate it. Noone is there to stop me what I want to do. So I am just surviving my own isolated battle
It can only become a habit of yours when you are sad or happy, even if you call it a small business, because for me that kind of thing is not a business because it can only be entertainment when you are sad or happy. It's not wrong to open a small business from a habit that we like every day because it will be more fun, but for me personally if business is only about entertaining myself, then I prefer to open a cafe on the beach by seeing a wider view every day.
I think it is the search for the survival to have the food on the table not about having sad or happy
Most of the time and this what matter the most and also you cant really be always having the thing that you wanted which means that you wont really be having no choice but to deal on what you are currently dealing with, it doesnt matter if you do like the job or not specially if there are mouths which you do really need to feed.It is true that being on comfort zones doesnt always mean that it would be always a good choice.
Some are really just having that ego that they dont really deserve on the current position that they are in but if they do tend to look around in speaking about unemployment then they
should really consider themselves to be lucky.

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November 21, 2022, 11:07:08 PM
 #276

I think the easiest thing for me who has just graduated from school is an office job, and I have been working in the office for about 8 months even with a small salary, of course I plan to become Entrepreneurship if I already have good capital and skills so I can be successful and not tied anymore with routine and working hours.
I did office job for around 16 years and during COVID - I was jobless.
It was very tough time - and I started my small ventures - they are not big profits but they are not loss either. So I prefer small personal ventures with office jobs.

Wow, that was a lot of experience but still ended up losing it. I also work at an office job for 3 years only, but this really hurt me a lot since my family depends on me at that time, and it is a pandemic. I am glad I could still find another work at that time. I am amazed that you take the risk to have a small business though it is a pandemic; whether your profit is small, it is still a good start, and I am sure that in a few months or years, you will be big time. For now, I will stick to a job since we need money every month, and taking a risk, like putting up a business, is risky since if it fails, we don't have anything to eat.
having a wide experience is an edge but people here think that one should stick to one job and keep moving at the snail pace .
For some people like myself it is very difficult to stick to one thing

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November 21, 2022, 11:21:55 PM
 #277

I think it is the search for the survival to have the food on the table not about having sad or happy
It differs from individuals' situations. There are business people that are happy with what they do and they're going the best for their own businesses. Well, you own a business and you need to be in the best shape to make it a success.
And if people tell them that they're only doing business when they're happy or sad, I don't understand the logic behind that. Unless they've got unlimited resources and they can do whatever they want based on what they feel. I just find it odd if there are people like that.

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November 27, 2022, 12:03:16 AM
 #278

I think it is the search for the survival to have the food on the table not about having sad or happy
It differs from individuals' situations. There are business people that are happy with what they do and they're going the best for their own businesses. Well, you own a business and you need to be in the best shape to make it a success.
And if people tell them that they're only doing business when they're happy or sad, I don't understand the logic behind that. Unless they've got unlimited resources and they can do whatever they want based on what they feel. I just find it odd if there are people like that.
that is correct for different people the approach is different and people like to experience and practice different thing. So let them enjoy and learn how they want to do things

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November 27, 2022, 05:19:16 AM
 #279

The truth is everyone wants to be their own Boss, decide when to work and when not to work , avoiding the 9 hours per day job and most people if given the chance would prefer to work on their own remotely.
It is an easy task to be an entrepreneur if we can all accept this truth especially people who start a business with just a single capital and rely on their daily survival and that of their family from just this single business which we know is the major determinant of business downfall.
Most times while striving as an entrepreneur, I also do wish to just have a good job that maybe could pay upto $2000 in my local currency per month, then I will be glad to do this job because it has to save me from Al the mental stress of bearing the risk of decision making which is a key factor in entrepreneurship because to be an entrepreneur, one must be responsible for every decision you make and be accountable for them.

R


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crunck
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November 27, 2022, 06:05:02 AM
 #280

To be honest, I, who am a private employee in a company, can do self-employment while working because to be honest, if I expect a monthly salary, it cannot cover my living expenses, which is already a family. by taking advantage of social media and very limited time I can sell to market the products that I have, even though it's not very profitable but it can cover my needs.

Nothing is more wonderful if someone knows how to take advantage and combine the two. If you can combine the two, you will save a lot of things. Although working as a hired worker does not bring us much money to lead a comfortable life, sometimes the business is not always as profitable as we would like. So if you balance the two then you can be considered a more successful person than a business owner.

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November 27, 2022, 06:07:54 AM
 #281

For now I am still working in the office and plans to get out and continue the business that has been delayed, I have a hobby with plants so planning to farm, at this time the price of vegetables such as chili, onions and so on continues to rise, I have planted with small and successful land And planning to plant more let alone rent land in my place is still cheap.
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November 27, 2022, 06:09:32 AM
 #282

A decent salary helps to build a certain standard of living when an entrepreneur starts a business if he does not earn money in a month, it is difficult to maintain his livelihood in that month. Like paying for the car as before petting the driver paying the children's english school fees etc. If the entrepreneur does not have proper knowledge about the work mistakes in his own organization will not only cost but also waste time.

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