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Author Topic: A career - as an employee or a business owner which do you prefer and why?  (Read 2542 times)
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May 08, 2023, 10:25:58 PM
 #301

Right from my young age, I've hated working for people, I've always dreamt of employing hundreds of people, though in my journey through life, I've worked for several companies, but in all my years of working for those companies, one thing that have always been on my mind was how I would start my own company some day.

Though I am not there yet as of today, but that dream is still here with me, owning big businesses around the world is a target I hope to achieve before I turn 70 , and to achieve this, I am happy I have a business I am currently managing today, and growing bit by bit, and I've never been more happier in my life, I choose to own my own businesses over working for other people, simply because, it's what I love doing.

The important thing is that as an employee you have gained business experience and the necessary business connections. And your reputation is probably quite high. It is quite difficult to start a business without going through certain stages of development. When you get off the beaten track, everything becomes much easier.
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May 11, 2023, 11:19:43 PM
 #302

The important thing is that as an employee you have gained business experience and the necessary business connections. And your reputation is probably quite high. It is quite difficult to start a business without going through certain stages of development. When you get off the beaten track, everything becomes much easier.

What you say is very appropriate and I agree with this because there are many examples of people around me in their life environment where they work and seek experience while earning money for themselves in order to be able to gain knowledge and broader business relationships so that one day later they leave their jobs, they can immediately open and run their own business with minimal capital.

I think this kind of thing is very common and even often happens in the lives of many people because everyone who can really take advantage of the opportunity to earn money, experience and knowledge for himself will find it easier to become successful and independent in his life after they are no longer under contract with the company where they work for a living. And I think that's the way to a very good career path in business.

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December 26, 2023, 05:11:57 PM
 #303

Right from my young age, I've hated working for people, I've always dreamt of employing hundreds of people, though in my journey through life, I've worked for several companies, but in all my years of working for those companies, one thing that have always been on my mind was how I would start my own company some day.

Though I am not there yet as of today, but that dream is still here with me, owning big businesses around the world is a target I hope to achieve before I turn 70 , and to achieve this, I am happy I have a business I am currently managing today, and growing bit by bit, and I've never been more happier in my life, I choose to own my own businesses over working for other people, simply because, it's what I love doing.

Having a purpose is a wonderful thing. A person who moves towards his goals and develops himself benefits both himself and his environment. You work in a company and you have a chance to understand what working conditions are like for an employee. If one day you reach your goal, you can improve the working conditions for your employees.

When you start your own business you will see the advantages of working. I think that investing in employees in a business always gives positive returns to the business. You are an employee, you know the shortcomings and what managers need to do. When you reach your goal, you have to close these gaps in your own business and value your employees. Most businesses don't do that and it's a very important issue.

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December 26, 2023, 05:29:00 PM
 #304

The problem with the career of a salaried employee is that he can always be fired, and then because of competition or age he will no longer be able to get a similarly paid position. A business owner - if he has successfully found his niche, he is more firmly established on his feet. Of course, the risk of the business owner is greater, but there are also many advantages
Both have different advantages and disadvantages. To be honest, I think it really does depend on the person. If it were me, I would have chosen to set up my own business. Of course, it poses many risks and challenges. But if one had experience and was smart,  he could easily overcome those. He could start small and grow the business over time, minimizing the risks.

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December 26, 2023, 05:30:42 PM
 #305

Hi @wmaurik, you've highlighted an essential aspect of career development. Gaining experience as an employee, building business connections, and earning a solid reputation can be crucial steps toward eventually becoming a successful business owner. It's a path that many choose, leveraging the skills and knowledge acquired during their employment to kickstart their entrepreneurial journey.

Ideally, in building a business or developing a career, we should at least have experience working as an employee or at least have knowledge. Because without this, even if we have money to build a business, the percentage of success will be small.

That's why if you see people who are successful in business or career, if you ask them, they will definitely have worked somewhere else, after they have gained experience or have had sufficient skills, they will then open a business independently.

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December 26, 2023, 06:00:29 PM
 #306

The important thing is that as an employee you have gained business experience and the necessary business connections. And your reputation is probably quite high. It is quite difficult to start a business without going through certain stages of development. When you get off the beaten track, everything becomes much easier.
It's not as easy as we think just waking up and owning a business, certain skills and knowledge is needed which in this case experience becomes the best teacher and not reading books or from the internet. It is said you need to render service at first before you can be served. It is important we get to take few years experience from experts before starting one's own business, deploying management skills into our business learnt from working under someone.

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December 26, 2023, 07:17:59 PM
 #307

Right from my young age, I've hated working for people, I've always dreamt of employing hundreds of people, though in my journey through life, I've worked for several companies, but in all my years of working for those companies, one thing that have always been on my mind was how I would start my own company some day.

Though I am not there yet as of today, but that dream is still here with me, owning big businesses around the world is a target I hope to achieve before I turn 70 , and to achieve this, I am happy I have a business I am currently managing today, and growing bit by bit, and I've never been more happier in my life, I choose to own my own businesses over working for other people, simply because, it's what I love doing.

Having a purpose is a wonderful thing. A person who moves towards his goals and develops himself benefits both himself and his environment. You work in a company and you have a chance to understand what working conditions are like for an employee. If one day you reach your goal, you can improve the working conditions for your employees.

When you start your own business you will see the advantages of working. I think that investing in employees in a business always gives positive returns to the business. You are an employee, you know the shortcomings and what managers need to do. When you reach your goal, you have to close these gaps in your own business and value your employees. Most businesses don't do that and it's a very important issue.
Really that impossible that someone doesnt really have a goal nor really have those wishes and objectives in life on which we are really that trying out to aim to have a better life on which it would really be just that normal that we are really that wishing on having comfortable way of living on which it is really just that normal that we would really be needing to act for it to happen. Peoples succeed would really that determine
on how hard they do work to achieve their dreams or wont really be doing any actions at all. Some would really be taking up some actions and some wont really care at all and this is why we do really be able to see different situations or conditions on which people would be having those kind of results into their lives.

Some might be able to reach out their goals because they work hard for it and there are ones who do still keep into their places just because they are really just that lazy on doing things
and really just that contented on the current condition that they are in and wont really be tending to make out some decisions on trying to move
on at least achieving their goals in life.

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December 26, 2023, 07:47:11 PM
 #308

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!

It is a lot harder to be a business owner and the reward is sometimes not worth the effort. You soon start to realize that so many "hidden" costs need to be factored in and covered by the price of your product or service before you can make a profit. Things like business insurance, postage fees, server hosting, stationary, covering the cost of your vehicle wear and tear, plus so much more. That you will probably not have to think about as the employee of a bigger company. You can reap a lot bigger rewards as the owner, but only if the market is big enough and you're able to scale to the right size before someone else tries to hop on your idea. Otherwise you can end up in a rather unprofitable or break even limbo which is the worst of both worlds.

R


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December 26, 2023, 11:16:39 PM
 #309

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.

To be sincere with me, I will like to be the employer, not the employee, since I have never dreamed of working under someone just because I find it so irritating because if you, as an employee, work under the company of someone, your needs in life are limited because anything you need to purchase in this world or your daily or monthly experience must be on budget based on the salary that you will get paid at the end of the work day, but if you have no option, you have to manage and work under someone so that you can survive.

If you are the owner of the company, you are in a position to employ others. which is the chapter I love the most in my life. I hate being disturbed about something, and I also hate disturbing someone because I usually think that person that I will disturb will feel the same, to hate being disturbed, so I will like to employ others so that we can work together to earn more and sustain each other. I know I am the owner of the company, but I will make the company like a big family where you will have all the freedom to do the right thing, but if you are found a victim of doing the wrong or illegal act, I can do what is not expected, but to be sincere, working under someone’s company is somehow irritating, unless there is no option.

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December 27, 2023, 12:19:45 PM
 #310

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!

It is a lot harder to be a business owner and the reward is sometimes not worth the effort. You soon start to realize that so many "hidden" costs need to be factored in and covered by the price of your product or service before you can make a profit. Things like business insurance, postage fees, server hosting, stationary, covering the cost of your vehicle wear and tear, plus so much more. That you will probably not have to think about as the employee of a bigger company. You can reap a lot bigger rewards as the owner, but only if the market is big enough and you're able to scale to the right size before someone else tries to hop on your idea. Otherwise you can end up in a rather unprofitable or break even limbo which is the worst of both worlds.
There are challenges and obstacles within the business environment that could deter a person from continuing to run a company which you have mentioned few key factors to that effect and for many when they analyze and compare the weight to bear in becoming a successful business owner to that of just gaining the needed set skills and education to be gainfully employed a whole lot of people decides to be employed and be contented with any level of success they can attain under such status.

Moreso like you had mentioned "another person reaping you off" before you could even stand sturdy, as in, the competition alone has made a good number of person's with business ownership mindset to drop the dream because they couldn't match in the competition and the politics against those that have already gained a higher ground in that line of business over you.

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December 27, 2023, 01:24:21 PM
Merited by fillippone (1)
 #311

There are challenges and obstacles within the business environment that could deter a person from continuing to run a company which you have mentioned few key factors to that effect and for many when they analyze and compare the weight to bear in becoming a successful business owner to that of just gaining the needed set skills and education to be gainfully employed a whole lot of people decides to be employed and be contented with any level of success they can attain under such status.

Moreso like you had mentioned "another person reaping you off" before you could even stand sturdy, as in, the competition alone has made a good number of person's with business ownership mindset to drop the dream because they couldn't match in the competition and the politics against those that have already gained a higher ground in that line of business over you.
When someone decides to run a business, of course they have carefully studied the risks that exist in the business and have also thought about how to overcome them well so that the business they run can survive various obstacles. Some people who decide to work will of course be ready. with all the responsibilities that will be given to them and it is very different from those who decide to run a business, they have to manage all their business needs themselves without anyone controlling them.

If we are not confident in our business abilities, it is better for us to keep working for other people, because if we continue to force ourselves to build a business, of course this will not last long because we will not be able to survive with the business.

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December 27, 2023, 11:44:08 PM
 #312

I am wondering why someone will choose being an employee. I think I’ve seen a similar post and I’ll say the same thing I said there. I’ll forever choose being the business owner because you cannot employ someone and pay what your business isn’t generating. So for you to pay the employee, you must have made that money from your business. Now, in a case where you aren’t making that money yet and the employee is making more than the company, you at least have the potential to grow your business and make it stand out. This way you are increasing the amount you make. As an employee that isn’t the same case because you can be placed on the same salary for years but the company is making lots of money and even growing but your own cut is static.



 

 

 

 

 

 


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December 28, 2023, 02:55:36 AM
 #313

I would rather be an employee than a business owner.
As an employee, the income is certain and regular.
whereas a business owner can lose in running a business and must think about his business so that it develops and does not experience losses.


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December 28, 2023, 03:29:56 AM
 #314

I would rather be an employee than a business owner.
As an employee, the income is certain and regular.
whereas a business owner can lose in running a business and must think about his business so that it develops and does not experience losses.

Entrepreneurs are excessively occupied and are frequently worried. Becoming an employee is less complicated and simpler. All that is required of us is to report to duty, complete our regular duties within the company, and then head home. And enjoy the rest days with our family.

But this is only applicable if you are employed in a company with big compensation and benefits. Living in Europe, North America, Australia, and East Asia, you are adequately blessed because they have big standards for their employees. Because of this, many want to work in these areas.

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December 28, 2023, 03:11:29 PM
 #315

This is what I have known about people regarding business, they all prefer to be self-employed, they all wish to have their own successful business, but many do not have the capital to start. If they have gotten the capital they need by being an employee, they will start their own business, but not everyone has that capability.
I agree. Sometimes specially the modern day era, those who has acces to capital has the higher chance of having successful business because they can start any time they want compared to those people who's problem is the capital itself. The only problem here is that are these people ready to really start a business or they're just doing it because that is what their friends did as well? I prefer to be an investor of course I just need some capital.



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December 28, 2023, 03:51:21 PM
 #316

Of course I would choose to be a business owner.  Because it is better to become the owner of an organization and provide employment to others than to work under the control of Karo.  However, it is not so easy to set up a successful business.  It is very difficult. But in life you have to take risks.  And I think you should be an entrepreneur yourself, be it a small business.  I hope small business will grow one day if afforded


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December 28, 2023, 04:17:24 PM
 #317

honestly if im being honest, it depends on the money earned, if i can get good revenue i would go all in business but if the revenue is not much and i can get more by being employed then being an employee is not wrong.
its less mentally exhausting, and also you don't need to think so much about the business just do what you're told and you are done, there might be some hurdle like overly competitive working environment where its just one wronging the other but thats kinda fine the stress isn't as heavy as starting out the business, because lets be frank here, business is harder than most people think, its managing, discipline, and also a little bit of gambling, some people might find business thrilling because they really trying to find some excitement in life but some people are already mentally burdened enough that they just don't have the capability to start out some business.
thats why if thats the case with being an employee and a business owner, i would base it from the money i could get.

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December 28, 2023, 04:32:03 PM
 #318

As a small business owmer, I stand by my own choice and I think it's far more superior to being an employee
I've tried both and even though my company is just a bit over a year old it has made me far better results.

Both paths have ups and downs, for an example being an employee is much safer and comfortable to an average person. You only worry about how you perform and does the check come in on time. There is opportunity for progress and growth but it is very limited considering the possibilities when being a business owner.

If you have a solid business plan and experience in a field, you could make a far larger amount of money and have more freedom with your time and working ethics. It does come with more stress and headache and sometimes far more than 8h daily work but financial stability is a must.

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December 28, 2023, 04:42:37 PM
 #319

The decision to look for an already existing job or to create one is hinged on so many factors and depends a lot on the circumstances peculiar to the individual in question.

Starting a new business or brand requires that you've hard experienced in the field so as to help you thrive well, if you are just starting life and if you're still very young, it could be advisable to work for someone for a while is you can get the needed skill and experience that is needed to enable you thrive well when you eventually start up your own business.

Finance could also be a serious factor because if you don't have enough capital, you might need to work for someone just so you can raise the capital needed to enable you start the business.

But the most important thing is to adj yourself the question if it is necessary to even start a business of your own or not, sometimes it's not too necessary to start up a business even when you have the capital, you could invest into things or buy the service of others to do version things for you while they pay you regularly for it.

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December 28, 2023, 06:37:37 PM
 #320

As a small business owmer, I stand by my own choice and I think it's far more superior to being an employee
I've tried both and even though my company is just a bit over a year old it has made me far better results.

Both paths have ups and downs, for an example being an employee is much safer and comfortable to an average person. You only worry about how you perform and does the check come in on time. There is opportunity for progress and growth but it is very limited considering the possibilities when being a business owner.

If you have a solid business plan and experience in a field, you could make a far larger amount of money and have more freedom with your time and working ethics. It does come with more stress and headache and sometimes far more than 8h daily work but financial stability is a must.
Everyone would really be that choosing up on the things on which we know that it could bring out that kind of financial freedom or stability and this is why even if owning a business would be somewhat not that simple
or having that kind of stress then it would really be just that something that we do prefer in the end of the day. Yes, it is really that stressful but something that very rewarding once you do be able to succeed.
We are all hoping on living a life to have that financial freedom and even if being a business owner would be that stressful then it is really that worth it once you do be able to handle it out and this something that
everyone would really be that preferred. Its understandable and its something that normal that opportunities and conditions would really differ into each other.

There are really just those people who dont really love on getting that stress and this is why they do much prefer on being an employee rather than on a business owner but well we do have our own personal
choice considering that life situations and preference will really be that basing up into our minds on which we do see that we do prefer and like the most. It is really just that impossible
that we cant be able to distinguish about the opportunity that it gives though.

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