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Author Topic: A career - as an employee or a business owner which do you prefer and why?  (Read 2542 times)
isaac_clarke22
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November 24, 2022, 04:24:09 PM
 #21

Back in 2016, I had only one source of income from a job and I suddenly lost it on  November 2016. That's the turning point of my life where I had started building up my business. Now in 2022, it gives me more income than my day job. But I never thought of leaving my job because I am addicted to a monthly payment called salary.
This would be a scary scenario for me and this is why I usually maintain a two source of income, either from my investment or another gig that is sort of just a light work compared to my usual 9-5 job. Considering how our economy runs today, this would be the safest bet so that people can at least live with "peace of mind".
This might not be the case for some people working under the government since usually those have the "job stability" although not at all times.

It is really nice to hear from someone else's building business. I built my freelancing business back in 2020, since I believe that international pays better than in my own country.
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November 24, 2022, 06:02:26 PM
 #22

If you survey 100 people then you give a choice, who wants to be an entrepreneur or a worker? 99% of them will answer "want to be an entrepreneur" for almost the same reasons because there is a stigma in society that entrepreneurs are cool, live in luxury, have free time, and can do anything. even though behind it all, even an entrepreneur is 100 times more draining of energy, thought, time and assets compared to employees. Most entrepreneurs don't tell clearly how the process of becoming what it is now is that they have become successful people because there are indeed many things that must be kept secret and are unable to convey them.
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November 24, 2022, 06:54:17 PM
Merited by Frankolala (1)
 #23

Now let's have a discussion about it all...
Being a business owner is almost everyone's dream, because most people think working under someone comes with many challenges, for example, Time of resumption, insults from the owner of the Business/company or organization, delay in salary and so on. So that's why most people prefer being a boss of their own, which is not easy. Being a business owner is not for everyone, most people excel why working under someone but when they move on to open their own business they fail because they don't have the skills to make the business grow. Most successful business owner won't tell you what they are go through. Business owners go through more stress more than the staffs being that they are thinking on how to move the business to the next level or keep the business booming, which the employee duty is just to come to work and carry out His or Her daily operation.       

R


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carlfebz2
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November 24, 2022, 08:35:40 PM
 #24

Now let's have a discussion about it all...
Being a business owner is almost everyone's dream, because most people think working under someone comes with many challenges, for example, Time of resumption, insults from the owner of the Business/company or organization, delay in salary and so on. So that's why most people prefer being a boss of their own, which is not easy. Being a business owner is not for everyone, most people excel why working under someone but when they move on to open their own business they fail because they don't have the skills to make the business grow. Most successful business owner won't tell you what they are go through. Business owners go through more stress more than the staffs being that they are thinking on how to move the business to the next level or keep the business booming, which the employee duty is just to come to work and carry out His or Her daily operation.       
Being a business owner would really be just simple for you to mention on but here's the things you should consider out.

1. What business you would be making?
2. Do you have the sufficient capital?
3. Do you have idea or aware about marketing stuffs?
4. Are you prepared on losing money?

Some might really like to ran a business but not all does have the financial capacity to have or doesnt have the
feeling or simply been scared on starting one because of the risk.This is why it does really depend if someone is really that persevering on what
they are trying to attain.
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November 24, 2022, 09:16:00 PM
 #25

The answer for sure is to be a business owner. We all want to be the boss of our own company and no one needs to take control of us. However, not everyone has the opportunity to put up a firm business because of a lack of capital so we got no choice but to grind hard to succeed in our careers. Some of us are trying to earn so we could settle someday through entrepreneurship. That will be the retirement plan of many of us. There's nothing wrong with being an employee but being an entrepreneur would give us financial freedom and breakthrough if we could be wise in managing it.
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November 24, 2022, 09:45:10 PM
 #26

In life we have different folks with different likes and preference. There are people that chosed to go into business as businessmen from scratch and turned out to be business tycoons and movers and shakers of the industries with some few years in business.

While on the other hand some other person chosed to be employees as in working for those that owns business organisations/companies and yet still made it in life to an enviable climax. Perhaps cause that's what they love and have enthusiasm for rather than being an entrepreneur which perhaps might not have worked out well for their career eventually.

Either way, be it a business owner or an employee there are some other people who venture into either of them made no success too. Life can be somehow unfair, right? No! Life isn't unfair, for that's how the cosmos works. So everyone can't just win on a particular thing, definitely not everyone  Smiley

Now let's have a discussion about it all, for between being an employee to work for some other person's establishments/organization/company  and rather taking time/years to establishing your own company and not working under an employer but rather you being the employer, which will you chose and please ensure to back up your choice with reasonable thoughts, as it could be a guide to some other person's that might be reading this tread.

Let's begin!
I’ll chose as an employee first and when I think I’ve already learned enough and have build my own confidence, then i’ll be ready for a higher level of venture, and that is to become a boss or an employer. This way, my experience as an employee will help me make it through and I know with smart people that I’m also with, success will eventually come later on.

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November 24, 2022, 10:01:32 PM
 #27

Both experiences could have benefits beyond starting a career. And the skills that the employer possesses always remain the determinant of each person’s aspirations. The better result will be better if we assume that both of them want to launch a successful private project with high qualifications for expansion.
An employee who works part-time or full-time will be able to gain experience in his field of activity and have knowledge of its various details. And the longer the period of his work, the greater his knowledge and familiarity with it. This will reduce the chances of failure when launching his project and he will be able to deal with most work-related problems. Experience will not cost him more than physical and intellectual effort, without the need to invest or assign specialized parties to study the market or the development horizon.
Whoever chooses to launch his original project can shorten the path, but he will put himself at a certain risk in exchange for that .
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November 24, 2022, 10:05:54 PM
 #28

I'll choose to be a business owner because I'm thinking of that I can help genuinely those that deserves it and are hardworking. So, it's a give and take situation for me and those that I will employ if ever I'll have a big business.

I'm planning to have one but sometimes it's making me think if I can make it. I'm not afraid of risks but I'm afraid of failure but also, it's making me realize that I can just restart if the business I started has failed and just go back to employment.
I have always wanted to become a business owner from the start but seems my experience is not good enough so I would want to start as an employee at first and gained all the insights needed to grow a business. Because I believe once you build your own business, big capital is not enough, you also have a good knowledge and skills on the business you are building as to have higher assurance for that business to succeed.

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November 24, 2022, 11:59:45 PM
 #29

Both workers and business owners have their own risks and benefits. It will depend on how you are, your skills and abilities, and the opportunities you currently have. Various mature considerations need to be considered when we want to set up a business. It will be very difficult because we are spending our money and not necessarily going to be successful. But on the other hand, setting up our own business will also make us go beyond our limits if indeed we are capable. On the other hand, if we are employees, then we will only be like that with work routines. However, our income will be certain.

So, once more, this will depend on what we are and how we are right now. Me, recently, I will prefer to focus on managing to be the owner of a business, although started by a small business, this is my choice for the current situation. This may not be easy because there are some processes of up and down during running business. But as long as we understood what to do and manage, we can still run it very well and earn profits well, it's enough.WHat we can do is by evaluating and develop our business so that the business can really develop consistently. I am also so tired of working outside as an employee after working there for more than 12 years. That is why starting a business when I have been ready is a good step for me. But, I know that this may be different for some other people.

R


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November 25, 2022, 01:05:25 AM
Merited by fillippone (2), Ahli38 (2)
 #30

My early career started as a paid employee every month. but I finally decided to build my own business. The first 1 year of building a business. to be honest it's the hardest thing. But then things got better. as experience increases everything becomes more and more enjoyable. so finally I have employees for my business.

but the lesson I can share is
- Starting your own business requires a stronger mentality
- requires patience
- must continue to be consistent even though business conditions sometimes encounter difficulties
- continue to study every step taken to date
- evaluate, innovate and if there is a problem keep trying to find a solution.
- And I always tell myself that "If other people can be successful in independent business, then I definitely and should be able to" these words may seem arrogant. but these are just motivational words that I always suggest to myself.

But my note is that when you want to start an independent business, do it with totality and if you still have doubts, it's better to postpone it until your determination is made up. because building an independent business is like building a bridge that connects two cliff edges. sometimes we have to go down the cliff first to hook the bridge rope across the other cliffs. it is difficult but we find freedom in life.
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November 25, 2022, 01:29:31 AM
 #31

In life we have different folks with different likes and preference. There are people that chosed to go into business as businessmen from scratch and turned out to be business tycoons and movers and shakers of the industries with some few years in business.

While on the other hand some other person chosed to be employees as in working for those that owns business organisations/companies and yet still made it in life to an enviable climax. Perhaps cause that's what they love and have enthusiasm for rather than being an entrepreneur which perhaps might not have worked out well for their career eventually.

Either way, be it a business owner or an employee there are some other people who venture into either of them made no success too. Life can be somehow unfair, right? No! Life isn't unfair, for that's how the cosmos works. So everyone can't just win on a particular thing, definitely not everyone  Smiley

Now let's have a discussion about it all, for between being an employee to work for some other person's establishments/organization/company  and rather taking time/years to establishing your own company and not working under an employer but rather you being the employer, which will you chose and please ensure to back up your choice with reasonable thoughts, as it could be a guide to some other person's that might be reading this tread.

Let's begin!
I believe that all of us has the inherent ability to become business tycoons provided we gain proper knowledge and discipline in the craft. It all boils down on whether a person is a risk taker or not. Risk Takers are those that definitely end up on the field as the business world thrives on these risks. Employment on the other hand is so secure in the essence that you could always expect a paycheck coming in provided that you come into work and do your job as productive as possible. I can see people who fear having to lose everything or anything thriving in this field. There's really nothing wrong with being an employee and it's not as bad as people with Sigma Grindset make it out to be. If that's where you're most comfortable with, go for it.

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November 25, 2022, 09:09:42 AM
 #32

I think all the people want to become a business owner because they think this is where they can attain freedom. There will be no boss that will dictate them anymore. No more long hours of work but the working time can depend on you though I think some business owners can work for a more longer hours than compare to what the regular employees are doing.

This is because they want only the best for their business. Every time and effort that they spent in their business is beneficial to them but as an employee that's not the case as many employers didn't really appreciate the hard work of their employees but they only care about their business.

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November 25, 2022, 10:37:31 AM
 #33

I think all the people want to become a business owner because they think this is where they can attain freedom. There will be no boss that will dictate them anymore. No more long hours of work but the working time can depend on you though I think some business owners can work for a more longer hours than compare to what the regular employees are doing.

This is because they want only the best for their business. Every time and effort that they spent in their business is beneficial to them but as an employee that's not the case as many employers didn't really appreciate the hard work of their employees but they only care about their business.

Business owners who wanted to keep succeeding will continue to work long hours to attain more success. We do understand that in each success story, there are stories behind.

Who never wants to be a boss, right? But before you can become one, you need to work
harder than an employee can do.

Taking a long time to find ways and make sure that you are doing the right thing for your
business for a longer success to achieve.
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November 25, 2022, 10:38:04 AM
 #34

Of course everyone will choose to be the boss and so do I, no one wants to be ordered by others or have to obey someone. But we won't be able to decide that depending on our circumstances. If we are fresh graduates, we cannot become business owners but have to work as hired laborers or were born in a difficult family, then becoming a boss will be our dream, but first of all we need to go to work.

We can still be businessmen even though we are fresh graduates if our family owns a business. It's really difficult to start a business from zero since you'll be putting in a lot of effort. I am both happy and envious of those who inherited a family business because all they have to do is manage it well because it is already established, but the pressure on that is high, so you must also work hard. I'm in the same boat as you; we come from low-income families and have no choice but to work.  
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November 25, 2022, 10:48:39 AM
 #35

It depends on what kind of person you are and what you want to do in your life. Both can work out and usually go hand in hand most of the time. Imo, one should gain experience first by working as an employee, learning the processes in a company and developing working habits and only then try himself out as an owner of a business. Not necessarily this need always to be the case, but speaking of myself, I started as an employee in the IT industry, and after a couple of jobs changed, I felt confident about starting my own consulting company. It just came naturally to me, and I was in that stage of life where one just wants to leave a mark and create smth on its own. This is how it worked in my case, but a million ways can work for people, as there is no clear rule on this matter. However, I'm 100% positive that starting something on your own without being organised, persistent and hard-working - you're destined to fail. I'll repeat myself, it all depends on what you prefer and at what stage in your career you are.
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November 25, 2022, 11:26:06 AM
 #36

Wise advice says, "If you want to be a good boss, be an employee first."

Business owners have more complex challenges, competition, management, crises, inconsistent government policies and many more. The average person only dreams of being a businessman because of big income, but don't want to see how their process builds it.

This space for rent.
Available in mid January 2024 - PM me
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November 25, 2022, 12:51:03 PM
 #37

I am not interested in having my own business. It means responsibility over other people (employees), moral dilemmas related to it and to running a business successfully, you can both profit and lose money despite working hard on it, etc. When you're employed, you can expect a regular payment for what you do (you usually aren't losing money this way), and if you work at several places part-time, you can be pretty independent. Also, the conditions of work and how much freedom you have at your work depends on a place, but it can be pretty good if it's a reasonable boss, flexible schedule or even online work.
Also, a person can be self-employed, which is neither a business nor working for someone else. In the end, I think it's probably the best, but it does come with some risks and implications.

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November 25, 2022, 04:39:51 PM
 #38

I'll choose to be a business owner because I'm thinking of that I can help genuinely those that deserves it and are hardworking. So, it's a give and take situation for me and those that I will employ if ever I'll have a big business.

I'm planning to have one but sometimes it's making me think if I can make it. I'm not afraid of risks but I'm afraid of failure but also, it's making me realize that I can just restart if the business I started has failed and just go back to employment.
I have always wanted to become a business owner from the start but seems my experience is not good enough so I would want to start as an employee at first and gained all the insights needed to grow a business. Because I believe once you build your own business, big capital is not enough, you also have a good knowledge and skills on the business you are building as to have higher assurance for that business to succeed.
Well, everyone starts with nothing and as in zero to begin with.

I've made a lot of business before and most of them are like small enterprises but still even with experience, it's really a thing because I feel that I have a low self steem.

And that is because I'm always thinking the challenges in the first place. It's the main reason even if I've done a lot of failures, still, that feeling of failing isn't removed on me.



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November 26, 2022, 03:15:04 AM
 #39

I think all the people want to become a business owner because they think this is where they can attain freedom. There will be no boss that will dictate them anymore. No more long hours of work but the working time can depend on you though I think some business owners can work for a more longer hours than compare to what the regular employees are doing.

This is because they want only the best for their business. Every time and effort that they spent in their business is beneficial to them but as an employee that's not the case as many employers didn't really appreciate the hard work of their employees but they only care about their business.
I feel like wanting one and being one are very different. I am a realist, I would "love to" be a business owner as well, and I have so many business ideas, but I also know that I have absolutely no idea how to run a business. The simplest thing would be having a wordpress website right? How hard could it be?

Like you could pay someone 1000 dollars and they can do from logo to branding to social media to website all of it, and yet I would not be able to keep it running, plus I do not know if that developer put something in there that could ruin me. So basically, I would not prefer to be a business owner right now, it is too much work for something I don't know, whereas as an employee, I know what I am doing and I think I am good at it.

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November 26, 2022, 05:50:54 AM
 #40

I'll choose to be a business owner because I'm thinking of that I can help genuinely those that deserves it and are hardworking. So, it's a give and take situation for me and those that I will employ if ever I'll have a big business.

I'm planning to have one but sometimes it's making me think if I can make it. I'm not afraid of risks but I'm afraid of failure but also, it's making me realize that I can just restart if the business I started has failed and just go back to employment.
I have always wanted to become a business owner from the start but seems my experience is not good enough so I would want to start as an employee at first and gained all the insights needed to grow a business. Because I believe once you build your own business, big capital is not enough, you also have a good knowledge and skills on the business you are building as to have higher assurance for that business to succeed.
Well, everyone starts with nothing and as in zero to begin with.

I've made a lot of business before and most of them are like small enterprises but still even with experience, it's really a thing because I feel that I have a low self steem.

And that is because I'm always thinking the challenges in the first place. It's the main reason even if I've done a lot of failures, still, that feeling of failing isn't removed on me.

A part of yourself that you needed to overcome when engaging in any business. Don't be afraid of losing, but make sure that you
will learn something out from any mistake that you encountered.

Determination will help you to step forward even it's just a little step one a time
the important thing is you are progressive, maybe it's not time yet or you still not
finding the right business that suits and fits to your skills.
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