Entrepreneurship or Office job?

[blockman]

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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[Finestream]

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.

[Vinaa77]

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.

[Hamphser]

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.

[Oceat]

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.

[Lida93]

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.

[yudi09]

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.

[LogitechMouse]

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.

[Shasha80]

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.

[Davian144]

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.

[tbterryboy]

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.

[Smack That Ace]

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.

[bakasabo]

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 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.

[Oasisman]

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.

[GiftedMAN]

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 .

[Mometaskers]

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.

[Sanitough]

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.

[milewilda]

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.

[KingsDen]

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.

[Silberman]

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.