Entrepreneurship or Office job?

[cheezcarls]

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.

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[Cookdata]

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.

[fullhdpixel]

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.

[retreat]

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.

[Gyfts]

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.

[goldkingcoiner]

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.

[salad daging]

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.

[sana54210]

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.

[savetheFORUM]

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.

[Hamphser]

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.

[Ziskinberg]

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.

[LastKiss]

~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.

[KennyR]

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.

[Sterbens]

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.

[tabas]

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.

[AicecreaME]

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.

[Mr. Magkaisa]

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.

[Jemzx00]

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.

[redsun114]

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.

[darkangel11]

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.