Entrepreneurship or Office job?

[beej]

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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[Pujangga]

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.

[stomachgrowls]

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.

[Fara Chan]

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.

[tbterryboy]

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.

[MiF]

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.

[Hyphen(-)]

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.

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.

[wahyuagung26]

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.

[RockBell]

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.

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.

[Sr.Urbanist]

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.

[Smartvirus]

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.

[arwin100]

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.

[Coin BTC]

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.

[Ryu_Ar1]

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.

[batang_bitcoin]

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.

[Anguwa]

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.

[milewilda]

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.

[salad daging]

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.

[bitgov]

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.

[salad daging]

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.