Salary VS Profit

[KeenanEl19]

Salary vs profit,I don't think can be classified together.because salary is the wages been paid to the employee by the employer at the month end,for work well done.while profit comes out from a business angle,of surplus earnings that comes out from a business.after deducting your expenses from the revenue been made.

Salaries is more suiting for persons that are not willing or ready to take risk in doing business and loosing money to the activities that surrounds business. The downside is, you find these individuals building their entire existence about a budget and are limited by it but,
It’s not the same for a business person, they tend to be a lot more spontaneous and would have seasons of less and those of plenty. Their living isn’t exactly affected by a budget but they still would have one to ensure decisions aren’t made widely.

Yes, you're right. For those who don't dare take risks in business, they're certainly suited to a salary, and even for those who are employed, some people still choose to work for a company, even if the salary they receive allows them to survive. Others might prefer business because they know the benefits, but behind that, there must be good money management.

I myself certainly want to own a business, but I haven't started one yet because there are many factors to consider, and I've also worked for someone else before to earn a salary.

[summonerrk]

Both salary and profit are both rewards for actions. Think about it; salary is paid in most cases just twelve times a year, yes twelve times, profit on the other end can be earned any day, and any time of the year, off course a return on investment.
Profit over salary, any time any day!

There was a period in my life when I worked full-time and simultaneously traded the markets, also investing in cryptocurrencies. And I want to say that I always prioritized investing because my salary at work grows slowly. Trading, however, generates profits by multiplying them, and no other salary in the world has that quality.
I'm not even mentioning the advantages, such as the fact that you can trade simply from home in a comfortable chair. But to work, you have to constantly interact with other people and come to terms with their problems, which drive you crazy day after day.

[dunfida]

Salary vs profit,I don't think can be classified together.because salary is the wages been paid to the employee by the employer at the month end,for work well done.while profit comes out from a business angle,of surplus earnings that comes out from a business.after deducting your expenses from the revenue been made.

Salaries is more suiting for persons that are not willing or ready to take risk in doing business and loosing money to the activities that surrounds business. The downside is, you find these individuals building their entire existence about a budget and are limited by it but,
It’s not the same for a business person, they tend to be a lot more spontaneous and would have seasons of less and those of plenty. Their living isn’t exactly affected by a budget but they still would have one to ensure decisions aren’t made widely.

Yes, you're right. For those who don't dare take risks in business, they're certainly suited to a salary, and even for those who are employed, some people still choose to work for a company, even if the salary they receive allows them to survive. Others might prefer business because they know the benefits, but behind that, there must be good money management.

I myself certainly want to own a business, but I haven't started one yet because there are many factors to consider, and I've also worked for someone else before to earn a salary.

Salary and profit sit on two very different sides of the financial spectrum and mixing them often creates confusion. A salary is predictable structured and exchanged directly for time and effort. It provides stability and removes uncertainty which is why many people choose it. That predictability allows planning but it also places a ceiling on growth because income is largely fixed unless renegotiated. Life under a salary often revolves around budgeting because income rarely surprises on the upside.

Profit on the other hand is variable and earned only after risk has been taken and expenses are covered. It carries no guarantees and no schedule. Some months bring abundance while others bring pressure. That uncertainty demands stronger discipline not less. Business owners who survive long term still rely on budgets even if their income fluctuates. The difference is that their budget adapts to cycles instead of fixing them in place. Freedom comes with responsibility not recklessness.

[EarnOnVictor]

Hard work is a must but we live in an era where new age millionaires work smart. There's nothing wrong in working .multiple jobs especially if you are the type that doesnt make profit from an investment or a business. Like you said, it's advisable to access yourself before having two jobs, some people follow the need for money and end up breaking down because the jobs gets too much for them. It's better to focus on one and grow form there

Becoming a specialist in one field of work can sometimes allow you to earn a higher income, which might be enough to cover your monthly expenses. It's acceptable to have a side job to supplement your income, as long as it doesn't interfere with your main job.

My disposition lies with the prayer that whatever we do should favour us. We've seen multimillionaire working under people, as they patiently attain the level over time, and we've seen people building their wealth by their creativity and management. This is the same way we've seen the opposite of the two. This is why I often believe that the right work, regardless of whether it's a paid job or a business can be your success if it aligns with your destiny. The problem with most people is that many are in the wrong line of work, and it will continue to be an issue if care is not taken. While some people are not favoured with good jobs due to one reason or another, especially their location, particularly country.

[tottong]

Both salary and profit are both rewards for actions. Think about it; salary is paid in most cases just twelve times a year, yes twelve times, profit on the other end can be earned any day, and any time of the year, off course a return on investment.

Salary can be seen as a quick fix, working and expecting to be paid mostly at the end of a given period. Another thought is; salary is mostly paid by profit earners.

Then the question is how can someone use that salary to be more productive? If you rely solely on it to live, there's no chance of achieving properly planned financial freedom.
There have been several cases where workers who earned money from a salary decided to quit their jobs and focus more on developing their skills while building a business, even if it started small. This shows that one must be sensitive to the process of life as we never know when a job will end or when we will be laid off.

Don't stay in your comfort zone for too long, because we won't grow. Instead, plan for a better future by preparing yourself.
First, simulate whether you want to do business or invest so that when you have good insight, you can apply it and it will be much more focused.

[BigBos]

Both salary and profit are both rewards for actions. Think about it; salary is paid in most cases just twelve times a year, yes twelve times, profit on the other end can be earned any day, and any time of the year, off course a return on investment.

Salary can be seen as a quick fix, working and expecting to be paid mostly at the end of a given period. Another thought is; salary is mostly paid by profit earners.

Then the question is how can someone use that salary to be more productive? If you rely solely on it to live, there's no chance of achieving properly planned financial freedom.
There have been several cases where workers who earned money from a salary decided to quit their jobs and focus more on developing their skills while building a business, even if it started small. This shows that one must be sensitive to the process of life as we never know when a job will end or when we will be laid off.

Don't stay in your comfort zone for too long, because we won't grow. Instead, plan for a better future by preparing yourself.
First, simulate whether you want to do business or invest so that when you have good insight, you can apply it and it will be much more focused.

Actually, if the company where we work allows us to be able to advance our career then that's good, because we can pursue that target to get a good position in the company. However, not all companies can do that because usually only certain people can get a good position, like from family for example. With this reality, it is also difficult for us to achieve financial freedom.

People who decide to build a business are also usually people who want to be more flexible in terms of time. It doesn't mean that they are lazy, but they can be more productive if they can use it well. However, it is not easy to build a business because we will definitely go through a long process.

[jems]

Both salary and profit are both rewards for actions. Think about it; salary is paid in most cases just twelve times a year, yes twelve times, profit on the other end can be earned any day, and any time of the year, off course a return on investment.

Salary can be seen as a quick fix, working and expecting to be paid mostly at the end of a given period. Another thought is; salary is mostly paid by profit earners.

Then the question is how can someone use that salary to be more productive? If you rely solely on it to live, there's no chance of achieving properly planned financial freedom.
There have been several cases where workers who earned money from a salary decided to quit their jobs and focus more on developing their skills while building a business, even if it started small. This shows that one must be sensitive to the process of life as we never know when a job will end or when we will be laid off.

Don't stay in your comfort zone for too long, because we won't grow. Instead, plan for a better future by preparing yourself.
First, simulate whether you want to do business or invest so that when you have good insight, you can apply it and it will be much more focused.

The most important thing is to be able to meet all our life needs, regardless of salary or benefits. Only then can we think about the future.

For me, profits can be earned at any time by doing anything, and that, of course, comes with significant risks. While salary is a fixed price after we start working, I believe it's better for someone who always has to meet their needs without clarity to choose a salaried job and then gradually consider investing or starting a business to generate profits. This isn't about staying in a comfort zone, in my opinion, but rather about the responsibilities that must be fulfilled.

[imthegreat]

Both salary and profit are both rewards for actions. Think about it; salary is paid in most cases just twelve times a year, yes twelve times, profit on the other end can be earned any day, and any time of the year, off course a return on investment.

Salary can be seen as a quick fix, working and expecting to be paid mostly at the end of a given period. Another thought is; salary is mostly paid by profit earners.

A steady turnover of profit in most cases is as a result of consistent entrepreneurial  effort.

The volume and impact of a salary and profit is incomparable with that of profit.

Plus what is reinvested from salary and profit is a big margin, it is more likely to reinvest a large chunk of profit, than that if a salary which is mostly used to pay accumulated bills.

Profit over salary, any time any day!

Each person's life situation requires individual consideration. For example, someone with a wife and child is risk-averse. Risk and income are low priorities for them, while stability is a top priority. This is because such people often also have a mortgage that they must pay off for decades. And if a cryptocurrency investor lives alone, they can easily reduce their needs to maximize their potential and invest in riskier ventures. Therefore, each person's situation is unique, and hundreds of nuances that influence the choice between work or trading and investing must be considered.

[Jatiluhung]

Yes, you're right. For those who don't dare take risks in business, they're certainly suited to a salary, and even for those who are employed, some people still choose to work for a company, even if the salary they receive allows them to survive. Others might prefer business because they know the benefits, but behind that, there must be good money management.

I myself certainly want to own a business, but I haven't started one yet because there are many factors to consider, and I've also worked for someone else before to earn a salary.

In fact, even though we already have sufficient capital to start a business, if we have not found a suitable business opportunity with good future potential, then starting that business is still not possible.
There are indeed people who already have capital and have seen an opportunity right before their eyes. However, they hesitate to start a business because they are afraid to take risks. We often encounter situations like this.
However, what we encounter far more often are those who already have a steady income and feel more comfortable and secure working under someone else's control than deciding to start their own business. This is because they do not want to leave what they consider to be their comfort zone.

Having the desire to start a business is already quite good. However, I think you can also think about what your concept will be in the future if you have the opportunity to start a business. Sometimes, even though we don't have capital at the moment, if we have a well-thought-out plan, opportunities will come our way. Or at least, when we eventually have the capital, we won't need to worry about making a plan because we've already made it long ago. We'll just need to make a few adjustments. The fear of taking risks is actually the biggest obstacle preventing someone from taking the step to start a business.

[Different patterns]

~snip~

Profit over salary, any time any day!

If someone could truly guarantee that I would be profitable every single day, I would definitely choose profit over a fixed salary. However in reality, profit is never guaranteed. That’s why, in my opinion people actually need both a salary and profit. A salary provides stability and security, while profit offers growth and opportunity. When we aim to achieve profits that eventually surpass our salary, we usually need initial capital to get started and that capital often comes from having a steady income. Even after five, ten, or many more years of experience, there is still no certainty that profit will come every day. Losses and slow periods are always part of the process.

I agree with your point, your point is very make a lot of sense, daily profit is not guaranteed, no matter the experienced someone has, the sure profit everyday is not promising. And the way you explain the role of profit and salary make sense. The  salary stability it help to solve many problems, reduces stress, payment of bills and also allow person to plan ahead, profit also built wealth and create the chance to double the income. It always making a lot of sense to use salary as a foundation, than use profit as opportunities to growth wealth.

[slapper]

Yes, you're right. For those who don't dare take risks in business, they're certainly suited to a salary, and even for those who are employed, some people still choose to work for a company, even if the salary they receive allows them to survive. Others might prefer business because they know the benefits, but behind that, there must be good money management.

I myself certainly want to own a business, but I haven't started one yet because there are many factors to consider, and I've also worked for someone else before to earn a salary.

In fact, even though we already have sufficient capital to start a business, if we have not found a suitable business opportunity with good future potential, then starting that business is still not possible.
There are indeed people who already have capital and have seen an opportunity right before their eyes. However, they hesitate to start a business because they are afraid to take risks. We often encounter situations like this.
However, what we encounter far more often are those who already have a steady income and feel more comfortable and secure working under someone else's control than deciding to start their own business. This is because they do not want to leave what they consider to be their comfort zone.

Having the desire to start a business is already quite good. However, I think you can also think about what your concept will be in the future if you have the opportunity to start a business. Sometimes, even though we don't have capital at the moment, if we have a well-thought-out plan, opportunities will come our way. Or at least, when we eventually have the capital, we won't need to worry about making a plan because we've already made it long ago. We'll just need to make a few adjustments. The fear of taking risks is actually the biggest obstacle preventing someone from taking the step to start a business.

We've convinced ourselves that failure just means you did not think it through. But what if you thought it right through to the end and the market crashed anyway. Or a pandemic happened. Or the thing you were building was specific became obsolete because of some technology shift that you couldn't have foreseen.

Planning helps obviously. But there's this assumption that enough planning overcomes structural problems and that's just not true. You can't plan your way out of a lack of capital. You can't strategize around not having connections in an industry that's all about who you know.

And the comfort zone framing irritates me the more I think about it because it takes as a given that the alternative to staying in a job is necessarily better. But for who exactly. Starting a business is great until you realize that you're working 80 hour weeks without any health insurance or guarantee it works out.

Maybe the people staying in their jobs are not scared of success. Maybe they're rightly figuring out that the trade-off isn't worth it for them in particular given their situation.

[HelliumZ]

Your last statement sums it all up, only a few percentage of people actually live well as salary earners but majority fall into debt and just eat like ants.. financial freedom comes when you you have a business that generates profit for you either on a daily, weekly or monthly basis...working for people is a trap, you get to do all the hard work and make all the money for a group of people while you are being paid peanuts

You're right, it's very tough to manage the entire month with just one salary at the end of the month, especially when you receive a certain amount of money as salary every month. This salary is divided into various categories such as electricity bills, food allowance, children's education and tuition fees, mobile expenses and travel expenses, and above all, after excluding personal expenses, there is no money left from the salary. After allocating money to various sectors, an employee has to live like an ant with the amount of salary he gets. But if someone can establish an independent business and get the amount of profit from that business, he can live better than a salaried employee with the profit.

[9ja Amaka]

It will be wrong to choose one over the other when making a simple explanation to the context. You must first go into more detail because both salary and profit can be the best choice, depending on what you do.

How high a salary would be depends on the nature of the job. When you work in a big company that pays you massively, salary becomes a good option over a business that has high competition in the market, or a small business owner. You might take profit many times in a month, but the sum of your profits may not be valued to someone who receive one time salary, due to the type of job they are in and how they are paid. I respect both salary earners and business owners, too.