Food for thought

[slapper]

Owning a business has always been my dream, regardless if I have a current job that pays me well. It's still different to be your own boss, to be in control with your own time, and to work without being supervised by your manager or boss. Thus, growing a business is the key. Its only hard in the beginning especially if there is tight competition with same businesses in one area, but  eventually you will come to overcome it through your day to day experience.

However, if you can keep your job and your business without compromising the other one, that will be a lot better. It's best to have two heads than one, as the rate of success will be higher.

I think everyone wants to have their own business rather than working with other people, even with a big salary. Because at any time we could be fired or something like that. Having both would be much better without sacrificing one, because with additional income we can allocate it for investment funds.

That's why we need to have skills, credibility and a network that makes us always lucky. Never stop learning, always maintain trust and not violate trust, and have a good relationship with everyone because you don't know which of them will provide an easy path for us.

Who doesn't want autonomy and financial freedom? Cut through the idealism: not everyone is a good entrepreneur. The road is rocky and uncertain. And about employment? Of course, every employee faces the danger of firing. Let's not underestimate the benefits of a stable paycheck. Many depend on a monthly paycheck for financial security, which business can't supply

Your argument about skill, credibility, and network is critical! Today, these are worth more than gold. The construction of these, however, necessitates patience, hard work, and an unrelenting drive for perfection. We must consistently improve, build partnerships, and keep a good reputation. The grind never ends. Continuous learning and trustworthiness are crucial. Remember, this isn't a fair world. The dog-eat-dog corporate world requires constant strategy and foresight. Because we're our biggest asset and liabilities

[Promocodeudo]

For those working for government or an entity, try  to  start a small business and grow it gradually while still doing your 9am- 5pm job.

We might not feel the importance of it until we have been lay off from the job.
I have a question for those working for an entity or government, if you are being sacked today, what will be your faith? Will you still be financially strong, can your other sources of income keeps you going or you will be devastated by the loss of your job.

In this current economy, it's suicidal to have only one source of income.
If you must live well you must be ready to grab the bull by his horn am make life changing decisions by having more than one source of income.
Don't put your financial destiny in the hands of your bosses, you might not know the importance of having your own business till you have been sacked. think about it.

OP what you said is absolutely correct, a government or private firm employee is suppose to have other means of either earning a living or generating income for themselves, the way things are going day my day, I have found that the so called salary or wages is no longer enough to carter for the family or general needs, that's why workers should save or borrow money when they are in active service so that you the can open a business with it, if not, if any ugly situation occurs, you will find yourself to be blamed, this life is full of many things and that's why we need to plan before implementing anything, personal business helps in covering of gap when the unexpected happen. 

[justdimin]

Fate and destiny are two different things, destiny cannot be changed, if someone is destined to experience difficulties in building their finances for the better, they will continue to fail to achieve financial freedom even though they work day and night. Most people who are destined for economic difficulties will live a life with all their shortcomings, they are more commonly called poor people.

Fate can still be changed as long as there is a desire to look for other sources of income, relying on just one source of income is clearly not enough. There are still many other unexpected needs that can cause expenses to increase, increasing family members, house renovations and other unexpected costs such as a vehicle suddenly breaking down. Other sources of income need to be explored in order to maintain financial balance. There are deep considerations in order to achieve financial freedom in the future so that you can live a better life, so it must start from now.

I agree that destiny may seem like a fixed star in the financial world. But, isn't that a bit too pessimistic? Shouldn't we question someone's 'destined' economic struggles? Around the world, people have overcome 'destined' financial troubles through tenacity and smart decision-making. Not just harder, but smarter. They've diversified income, invested intelligently, and learned financial literacy. It's a brutal truth, but resting on the laurels of destiny is a cop-out. We must take charge and win.

Your point about fate being changeable is correct. Diversifying income is reasonable and necessary. Economic instability has never been seen before. Relying on a single source of income is a bad idea. Thrive, not just survive. We should investigate passive income, investment, and side jobs. Truthfully, it's not easy. Breaking financial stagnation takes courage, foresight, and determination. Every income stream strengthens our financial fortress. We must take charge of our finances.

I do agree that it is true that you can outgrow that, but the majority doesn't, so the few that does is not the common way. If someone grows up in a poor area, poor family, poor financial situation and a ton of struggles, the odds of that person being a rich person later in life is low, doesn't mean it is impossible, it just means it's low. You look at it, and one out of every 100 kid that lives in a poor area ends up having some money eventually, and a dozen of them make a normal, not rich, just normal regular life, and the rest are still poor, some in jail, some dead before 30 due to drugs, so it is more common to have a bad result.

The most possible way is to figure out how you could both work and study at the same time and go to a college, doesn't need to be Harvard, a community college is just as valid for that life, and make some money on your 20's to make sure you get a decent apartment room, and then it is better for your child who could have a much better life than you had.

[wiss19]

If you have a regular job and you think you still have time to make other income besides your job, I think it's a good opportunity to take advantage of it. For example, here in the crypto space, you can do it inserted after your work, it just depends on the time management you do.

And there are many people doing this all over the world actually, let's not stick to just one source of income, as long as we can manage it, we will take advantage of the opportunity to do it for real. Just don't let go of your stable job, now when the time comes that your other source of income is stable, that's when you decide if you can really let go or leave your regular job at a company.

Exactly! We should never rely on one source of income. Instead, we should have multiple (if possible) sources of income. Because what if that source of income closes? It's true for the forum too. I know this forum is not a job place. But that aside, many of us are making some extra cash with the signature campaign. But what's scary is that some are totally dependent on signatures. They don't have any other alternate source of income. What if theymos decide to close the signature!? Scary, isn't it?

It's not always possible for someone to have multiple sources of income, but one shouldn't consider signature campaigns a full-time source of income if it's their only one. Signature campaigns these days don't even pay enough for someone to live their life off of their earnings, so I wonder how one can rely only on a signature campaign if they don't have any other source of income. So, one should have a full-time source of income even if they are participating in forum signature campaigns.

There was a time when users used to earn a living through bounties on this forum, I remember how hyped bounty campaigns used to be because at that time, ICOs were very famous and projects used to gain large capital and good value when they used to launch their tokens in exchanges which used to make bounty hunters good money for the tokens they've gathered. However, things have changed now.

[Mauser]

In this current economy, it's suicidal to have only one source of income.
If you must live well you must be ready to grab the bull by his horn am make life changing decisions by having more than one source of income.
Don't put your financial destiny in the hands of your bosses, you might not know the importance of having your own business till you have been sacked. think about it.

I fully agree with you, the current economic situation is quite fragile and a new major crisis could lead to a global recession. Being prepared for the worst case and having alternative sources of income is a good idea that could save us during the next crisis. Having a side business that generates income for us is a good idea, as long as it doesn't interfere with our main job. For example, in my contract it's written that I need written approval if I want to be employed by someone else. Even if it's just a few hours on the weekend that has nothing to do with my usual work I need to inform my boss. So, in case it's some public work we need to make sure it won't hurt us in the long run. What helped me a lot to generate some additional income is selling older things from the basement of my family. Giving them a small percentage of the profit and clearing out old stuff is enough for them to give me their antiques. Something else where the wife of my best friends makes a lot of money from, is making baby clothes at home and sell them via Instagram.

[harapan]

For those working for government or an entity, try  to  start a small business and grow it gradually while still doing your 9am- 5pm job.

We might not feel the importance of it until we have been lay off from the job.
I have a question for those working for an entity or government, if you are being sacked today, what will be your faith? Will you still be financially strong, can your other sources of income keeps you going or you will be devastated by the loss of your job.

In this current economy, it's suicidal to have only one source of income.
If you must live well you must be ready to grab the bull by his horn am make life changing decisions by having more than one source of income.
Don't put your financial destiny in the hands of your bosses, you might not know the importance of having your own business till you have been sacked. think about it.

There's an urgency to alleviate the mindset of being an employee without any form of financial backup.So many person's have been victimized and laid off from their jobs unexpectedly which has lead to depression,anxiety and even death.

Presently,everyone wants financial security,but unfortunately,we ought to know that no job will give us 100% satisfaction.Warren buffet once said we should "Never depend on single income,make investment to create a second source".
I think we should save aggressively,invest wisely,work your strength to achieve your long term financial goals while your still an employee

[SOKO-DEKE]

Relying on just one way of making money is not good idea , like having a job with a company or the government, might not be the best plan. Imagine if something not good happens, like the government decides they don't need your job or the company you work for closes down. If that's your only way to make money, life could get tough, and things might not be the same as they were. It's like having all your eggs in one basket. But, if you have different ways to make money, like maybe doing other things on the side, then if one way doesn't work out, the other ways can still help you. It's like having a backup plan so that even if one part of your money-making isn't going well, the other parts can help you keep things going smoothly.