Earning salary or owning a business which is better

[mvdheuvel1983]

Both can be helpful, but if we want true financial freedom, we already know the answer: we can only achieve it through business, not by being an employee—unless you hold
a very high position in the company you're in.

It's also obvious that when we're business owners and we grow our business, we are truly free because we control our own time,
unlike earning a salary where the company controls our time. You know that.

A good job and a good business can serve the purpose of elevating some one from poverty to financial freedom but the most important thing is the position you are while trying to be free financially for example, you work and get paid but you don't have the decision of your own and you can be replaced when you no longer want to do as you are instructed but in business once you become successful you can establish more branches and become the boss which is better than being controlled by others, your business is more important because even when you are elevated financially you still have your time to pursue other important things which you may not be given the opportunity if you are working for someone else.

[Versatile_choice]

[Edited out]

You are absolutely right. So many of us rush into business  praying and expecting quick profits, but they forget that before a business can grow and stand firm it takes time, you fund it regularly at the early stages. Keeping your salary job while growing your business is the best smartest way. It gives you financial backup and reduces pressure on the business. They are a lot of people who quit too early just because the business doesn't pick up fast as they expect.

Yeah this feeling of looking for easy way out or short cut to success has lead most people into making wrong decision, while most people also end their journey halfway as a result of hoping to make a quick profit. the moment You start expecting quick return in whatever thing you're into there is every possibility that you may not end well, because when you run the business to a point where you should be expecting a return just as you programed and it happens that the return is taken longer than expected, At this point a guy will be very much disappointed and will decide to quit from the business/ Investment. The moment we realize that there is no business that can bring quick profit without exercising patient for some time the better for us, because every business/Investment requires time and patient so that to enable the profit get matured.

[Localhostspeed]

A good job and a good business can serve the purpose of elevating some one from poverty to financial freedom but the most important thing is the position you are while trying to be free financially for example, you work and get paid but you don't have the decision of your own and you can be replaced when you no longer want to do as you are instructed but in business once you become successful you can establish more branches and become the boss which is better than being controlled by others, your business is more important because even when you are elevated financially you still have your time to pursue other important things which you may not be given the opportunity if you are working for someone else.

I will like to make emphasis on that good, one can do business and be leaving a normal life, it will not have any differences between them and someone doing a menial job and there are jobs you do that you can make a better money than a person doing a business.

Some people work for the government as contract boss, the momey they make from a single project can't be made by some people in any business class, that's how valuable their job is to them. There are some projects too that one can do, no individual job can give you that kind of money.

[Y3shot]

Working for government can as well give someone a life time opportunity due to the retirement payments that comes in after good service but you can not compare the benefits you get when you develop your business to the point of grooming it till your old age. If you establish a good business it could go along way to become not just a business you control alone but the family could be part of it and run the business when you are no more, the life of a successful business person can not be compared to a worker the difference is clear and obvious.

The retirement benefit is nothing to talk about. I know in some developed countries it can be a lot of money that will go a long way, but in developing countries, these retirement benefits are just peanuts.

For me, I think wherever you find yourself, whether as a worker or a business person, you should plan well for yourself because there is no guarantee of living a better life in old age with just a retirement benefit. However, with good planning and setting up other revenue streams, you will be better off.

As a business person, you also need to make good plans and establish good revenue sources so that at old age, even when you stop going out for business, you can still make money for yourself in the comfort of your room due to the plans that have already been made.

[Salahmu]

The retirement benefit is nothing to talk about. I know in some developed countries it can be a lot of money that will go a long way, but in developing countries, these retirement benefits are just peanuts.

Some sees retirement income as always something that is very big but actually on the second thought the capacity of the amount they usually received when they have not retired determines how the retirement will be so actually there are some persons that would be giving there retirement funds and it cannot serve them for six months which obviously it cannot be use for some kind of things, with how people talk about retirement funds is as if they pay the same amount to everybody who are up to retire. For those who received big money on retirement should always use it for something that would potentially impact on there lives so that it will left a remark of there labor.

[Lanatsa]

Both can be helpful, but if we want true financial freedom, we already know the answer: we can only achieve it through business, not by being an employee—unless you hold
a very high position in the company you're in.

It's also obvious that when we're business owners and we grow our business, we are truly free because we control our own time,
unlike earning a salary where the company controls our time. You know that.

A good job and a good business can serve the purpose of elevating some one from poverty to financial freedom but the most important thing is the position you are while trying to be free financially for example, you work and get paid but you don't have the decision of your own and you can be replaced when you no longer want to do as you are instructed but in business once you become successful you can establish more branches and become the boss which is better than being controlled by others, your business is more important because even when you are elevated financially you still have your time to pursue other important things which you may not be given the opportunity if you are working for someone else.

People’s views can really shift with time especially when it comes to new technology at first bitcoin was ignored or brushed off as just another internet trend but as the years passed the conversation changed now even figures like trump are showing interest which shows how much mainstream attention crypto has pulled in.The reason isn’t hard to see the world keeps advancing and technology keeps reshaping how people live work and spend money what once felt strange or unnecessary slowly becomes part of everyday life smartphones were once doubted too but today no one can live without them bitcoin and crypto are following a similar path people who never cared about it before are now realizing it might actually hold value for the future.

This shift is not just about trump or politicians it’s happening everywhere regular people who once dismissed bitcoin as a fad are now curious about it they’re learning how it works they’re watching how governments and companies react to it and many of them are finally starting to get involved because they don’t want to miss out.What stands out is how quickly perceptions can change technology evolves fast and people’s mindset changes with it bitcoin is no longer seen as a small experiment it’s becoming a recognized part of the digital world that keeps expanding whether people like it or not that’s why renewed interest isn’t surprising it’s part of the natural process of acceptance once something proves it can survive and grow over time.

[HelliumZ]

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.

Earning a salary means that you have no freedom to choose which company you work for. You will definitely be accountable to a third party for your work.
You have a business or you own that business. You employ multiple people and you manage them, it is not completely different?. It is very common sense that you have a freedom and you are subordinate to others, so which one do you think is better?

[Out of mind]

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.

People who work and get salary at the end of the month have everything to meet their family and personal expenses, they get nothing. Those who work and collect salary cannot save money to manage their life, very few people can save money. But when a businessman successfully establishes his business and at some point he earns good profit, he can save good money. At the end of the day, it is seen that most of the time the businessman is profitable, which is why I think the businessman is able to earn better profit than the salaried people.

[M47AK16]

A business will run smoothly and possibly be successful if it's run properly and correctly. Some people start a business simply by following their passion without proper skills, so they don't manage it well. Furthermore, we know that starting a business carries significant risks, such as bankruptcy. Although everyone will try to maintain their business, no one knows when problems will arise.
Furthermore, I think those who work and try to make ends meet with their salary don't necessarily want to own their own business. But perhaps their income is only enough to meet their needs, and they don't set aside any money to start a business. Everyone's path is different; I personally feel more comfortable working and earning a salary.

Yeah, just following your passion doesn't make you rich, but you also can't do a business without having any passion neither. It's basically one of those dilemmas, yes passion alone isn't enough, but no person became rich by doing something they hate, I mean few probably did but that's rare and makes the life a lot harder.

You have to know how to run a business very well, have some capital, know the business very well, AND have passion for it. Even if the passion fades after a while, because doing the same business for 10+ years may make everyone dislike the job even if you started loving it, but that still is ok because as long as you start with love, then you are going to do a lot better and will be making some money.

[DiMarxist]

There's nothing actually sweet to me unlike being a business owner, having your own personal business that brings you income is the best. Just as you said salary earners end spending their salaries after being paid at the end of month or whenever they are being paid, and business owner's earn form it, but the truth in the society today who doesn't buy or purchase his or her needs with money, both business owner's and salary earners, the all have to afford their need a business owner can't sell everything which he feels be or she needs to be comfortable, he or she focuses on the area of business they special in, so everyone do spend money on their needs both business owner's and salary earners. But to me having a business of my own is better than a salary job, though there are high quality paying salary job, but then if we look at it Many salary earners are far left behind because they depend on salaries that at times might not be able to even take care of their needs, and before the end of the month they end up owing depth here and there, when salary comes they settle the dept and nothing is left, so In my own view business is better.

[Y3shot]

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.

Earning a salary means that you have no freedom to choose which company you work for. You will definitely be accountable to a third party for your work.
You have a business or you own that business. You employ multiple people and you manage them, it is not completely different?. It is very common sense that you have a freedom and you are subordinate to others, so which one do you think is better?

Owning a business doesn't mean the owners can get everything they want; they make a profit from their business, which they use to buy other things they want. This is the same as people who earn from work. The only reason I feel business is better is that businesses grow, and over time, profits increase, while in a job, you may still be earning the same amount for a long time. The thing is that business is not for everyone, and those who can manage a business should pursue it. There is nothing wrong with those who prefer to earn by working.

[beveryu778]

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.

Salary earning is slavery to others and here you get a certain amount of money with which you have to run your life in a routine. You can never live a good life. If someone can do a business with his creativity without wasting time on salary income, then it will always be commendable. Because only by doing business can you run a better life and ensure a better life for the future generation. Because if you earn salary, you cannot save from it, so you cannot leave much for the future generation with which they can get a better life. And then the children start blaming the parents. Because they have to struggle a lot because they do not get anything good from the inheritance.

[Cheema02]

The retirement benefit is nothing to talk about. I know in some developed countries it can be a lot of money that will go a long way, but in developing countries, these retirement benefits are just peanuts.

Some sees retirement income as always something that is very big but actually on the second thought the capacity of the amount they usually received when they have not retired determines how the retirement will be so actually there are some persons that would be giving there retirement funds and it cannot serve them for six months which obviously it cannot be use for some kind of things, with how people talk about retirement funds is as if they pay the same amount to everybody who are up to retire. For those who received big money on retirement should always use it for something that would potentially impact on there lives so that it will left a remark of there labor.

What you will receive on your retirement is different in different countries but in my country it is not something about which you can say it is useless or it's nothing. Obviously before retirement you are serving in your concern department and definitely you are receiving your reward on a monthly basis. So what you did for the government you receive the wages on time. So being retired is another process in which the Government blesses you for your contribution it may vary according to the designations but there is always something to serve you on your retirement. I think this is a good step and less or more it facilitates you either way and always try to be grateful for all you have because greed is something which has no limits. there will be the margin of the Alteration according to the needs and requirements of the person and the time too.

[AmaGold70]

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.

Earning salary and owning a business are two different things that has different values but you can achieve a lot of both if you manage it well, earning salary is being employed by someone else and you could get the freedom to do other things but owning a business of your own gives you the freedom of movement and doing things on your own terms. Some salary earners are actually getting it right and they are doing well and spending less because they have their own business too aside the salary they earn weekly/monthly, owning your own business isn't always a bed of roses because they also experience losses in their business that take up their profits and capital together so earning salary and owning your business are both good but it depends.

[CTO114]

I've never seen a multi billionaire who is a salary earner

In the long run, you can't compare the volume of profit (as a result of owning a business) to the volume of salary.

Funny enough it is business owners that pay salaries.

[bitwalhr]

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.

Earning salary and owning a business are two different things that has different values but you can achieve a lot of both if you manage it well, earning salary is being employed by someone else and you could get the freedom to do other things but owning a business of your own gives you the freedom of movement and doing things on your own terms. Some salary earners are actually getting it right and they are doing well and spending less because they have their own business too aside the salary they earn weekly/monthly, owning your own business isn't always a bed of roses because they also experience losses in their business that take up their profits and capital together so earning salary and owning your business are both good but it depends.

Job and owning a business lead to completely different lives and we can't compare them because I've never had anyone who has a job and has a good life that's related to the upper class or VIP status on the other hand, having a small business is always seen as prestigious, as you're doing it on your own with no restrictions.

You get to set things up by yourself being flexible and working towards your interests which can increase your profits and lead to better things in life in contrast having a job means you're almost packed with a schedule and have little flexibility making it harder to take good decisions for your future everyone has their own way of living life and it's essential to understand how to manage things around you.

[junder]

Yeah, just following your passion doesn't make you rich, but you also can't do a business without having any passion neither. It's basically one of those dilemmas, yes passion alone isn't enough, but no person became rich by doing something they hate, I mean few probably did but that's rare and makes the life a lot harder.

You have to know how to run a business very well, have some capital, know the business very well, AND have passion for it. Even if the passion fades after a while, because doing the same business for 10+ years may make everyone dislike the job even if you started loving it, but that still is ok because as long as you start with love, then you are going to do a lot better and will be making some money.

One thing that can help us grow our income is work. In fact, some people work out of necessity, but they don't actually like their jobs. I've been through this myself, but due to pressing circumstances, I had no choice but to do it. After all, we gradually come to love the work.
But it's different when we do something or find work we love; it feels comfortable doing it. The point is, just be grateful for what we have, whether it's a job or a business.

[Cityhunter34]

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.

Normally business owners are the ones that is enjoying the profit. But as someone that have a great future ahead wouldn't hesitate to save money from his or her weekly or monthly payments and open up a business, regardless how small the salary might be. Because it definitely going to prevent often spending, because most times we often get carried away when we are still earning money without remembering that the one you invest today might likely elevate you in the future.

[tbterryboy]

People’s views can really shift with time especially when it comes to new technology at first bitcoin was ignored or brushed off as just another internet trend but as the years passed the conversation changed now even figures like trump are showing interest which shows how much mainstream attention crypto has pulled in.The reason isn’t hard to see the world keeps advancing and technology keeps reshaping how people live work and spend money what once felt strange or unnecessary slowly becomes part of everyday life smartphones were once doubted too but today no one can live without them bitcoin and crypto are following a similar path people who never cared about it before are now realizing it might actually hold value for the future.

This shift is not just about trump or politicians it’s happening everywhere regular people who once dismissed bitcoin as a fad are now curious about it they’re learning how it works they’re watching how governments and companies react to it and many of them are finally starting to get involved because they don’t want to miss out.What stands out is how quickly perceptions can change technology evolves fast and people’s mindset changes with it bitcoin is no longer seen as a small experiment it’s becoming a recognized part of the digital world that keeps expanding whether people like it or not that’s why renewed interest isn’t surprising it’s part of the natural process of acceptance once something proves it can survive and grow over time.

That is true, wish more people knew this. I mean the biggest increase happened during Bidens time until this one, and we are going to be even higher after he leaves, even if the most leftist person ever would join. So, it's true that we are going to get bitcoin increasing without much trouble and that is the most important part for all of us, the fact that it will go up.

If we can do that then we are not going to face that much trouble and should be getting some results. Holding long term is the better approach and shouldn't be worried about it at all. If we do that then we are going to get ton of profit because it's going to be great for all of us, by just holding it and getting what we need. So we should try to do that.

[ndutndut]

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.

If the question is which is better, I would answer that having your own business is better than being an employee or a job seeker. Especially when you're employed because you're comfortable, even though the reality is that your salary won't change and you could be fired at any time.

Salary earners and business owners also have different mindsets. Job seekers are because they don't know how to earn money without working as employees. Their mindset is that working longer hours equals more money. This is a different mindset for entrepreneurs. Businesses can only thrive if they solve people's problems and they're willing to pay, in other words, we want to grow. Furthermore, entrepreneurs aren't paid based on the number of hours worked, but on the results we deliver. And for them, the comfort zone is unpleasant because it can leave us stuck for long periods, without growth and development.