Salary VS Profit

[Mate2237]

OP what is the aim of this thread. Are you trying to compare salary and profit, because it's not clear to me.salary is something that people should not reply on because replying on salary means only one thing such a person will definitely struggle because with the current economic situation facing the globe people should look beyond salary.


People should look at business opportunities so that, they can invest into because profit can only be gotten when there is an investment. Profit should be prioritized above salary because salary is a prison that traps people for life profits give an individual freedom to do what ever that he or she wants.

[Bitcoin Smith]

OP what is the aim of this thread. Are you trying to compare salary and profit, because it's not clear to me.salary is something that people should not reply on because replying on salary means only one thing such a person will definitely struggle because with the current economic situation facing the globe people should look beyond salary.

Op missed a thing, the risk factor. A salary is fixed and the employee will get that fixed amount along with some bonus but profit isn't something guaranteed, one need to keep the company profitable to cover the operational cost and salary and all other expense and then whatever left will be considered as profit. There are tons of business running with not much profit at all and if we ask that owner they will be okay with switching a place for salary over the profit.

Nothing is easier, everything needs the deserving effort to achieve.

[ShowOff]

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. The key lies in time management, but it's important to remember that the body also needs rest. In reality, health is often neglected by those who work too hard just to improve their financial situation.

Investing offers an open opportunity for anyone who wants to achieve financial freedom, people who work only hard are often beaten by those who work smart. Therefore, everyone should also have good financial management so they can save and invest for long term goals.

[kasablings]

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.

[Raflesia]

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. The key lies in time management, but it's important to remember that the body also needs rest. In reality, health is often neglected by those who work too hard just to improve their financial situation.

I agree with this, but there must be a price to pay for anything as a form of feedback. When we try to force ourselves to do several jobs at once (main job and side jobs), the price we pay is time and, of course, our health, which can become vulnerable.

However, even though it is a risk, for some people who are the backbone of their families, they will do it because, after all, this can be better for some people than not being able to earn money for their daily needs.
Many people find themselves in such situations, but every decision has its pros and cons. Therefore, we must be prepared to accept all forms of risk from the decisions we made from the start, as these risks are an inherent part of the process when choosing or deciding on such matters.

[Qastessa]

Both comes with their own benefits and consequences. Salary will give us a fixed income at the end of every month no matter what happens but it will be limited without any higher expectations. Profits on the other hand will be occasional and will only add if we work hard for those, but the profits will be extremely good as compared to salary but they do have their own risk.

We need to be fully focused on our business in order to generate profits. Profits will not just come randomly. You will have to give your best in order to make profits. Even founders in various start ups now prefer drawing a fixed salary from their own company instead of relying on the profits. They will reinvest all of their profits and will keep drawing salary every month. Even I think salary is a better option as it is reliable.

[Guccho]

Op missed a thing, the risk factor. A salary is fixed and the employee will get that fixed amount along with some bonus but profit isn't something guaranteed, one need to keep the company profitable to cover the operational cost and salary and all other expense and then whatever left will be considered as profit. There are tons of business running with not much profit at all and if we ask that owner they will be okay with switching a place for salary over the profit.

Nothing is easier, everything needs the deserving effort to achieve.

In fact, comparing salary and profit can sometimes be confusing because salary is a fixed amount which comes regularly while profit is completely dependent on the performance of the business.

Many people misunderstand that more profit means more benefits for everyone but in reality owners don't always in fact have extra money on hand due to expenses operating costs and other responsibilities.

I guess the risk and security aspect is also a huge factor here. Honestly, nothing is easy everything requires regular work and making rational decisions.

[Rockstarguy]

I will go for profit. Daily turn over is the best because your profit grows daily. At the end of the day, you will find out that those who earn salaries buys from you who do small business. Literally salary earners are working for the business man or woman who sells around. Do you wonder why most salary earners go broke before the end of the month? It is because they buy things for credit and at the end of the month they pay back,meaning the business owners keep making good profit while the salary earners go broke.

One thing about people who earn a salary is that it makes one live a particular standard of life for a long time because the salary is fixed, and it is impossible to live beyond what you earn. Business grows, and if profits in a business remain the same for a long time, it means something is wrong with the business. Business will always be considered over salary because, with some jobs where a salary is earned, it is impossible to meet your dreams due to how low you earn. However, with business, there are more profits to be made in the future.

[Ricardo11]

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!

Salary is basically a stable income and we earn it in exchange for hard work. As you said, we get this income 12 times a year and this income is mostly spent on meeting necessary expenses.

On the other hand, when we do business or investment, profit can come at any time and in any amount. We have to calculate the time to accumulate money from our stable income but a businessman does not have to do that. He can earn a lot of money if he can use the right decisions in his investment.

We earn a living with salary, it gives us security but profit from business creates our financial freedom and future wealth potential.
I want to choose profit over salary.

[Cheema02]

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.

I think this point is quite noticeable which highlights the difference between salary and profit. A salary is a constant payment which an emplyer recive from employee in compensation for their work after month. Salary of a person is fixed and it's guaranteed that we will recive it after month even the company is going in loss. But a profit is different term. We receive profit in result of a business or a shareholders after excluding all expenses including salaries of the staff. A salary is cost to the business and profit is its reward after taking enterprenur risks for business. In business we can either go in profit and may be we have to suffer in loss. An employee has no stress of bringing busines up or down he has to just answer for his job without any concern with company's success. Salary and profit comparison is like employee vs employer.

[Jateng]

if you have creativity, the best advice is to become an entrepreneur rather than an employee, because by being in charge, you indirectly create jobs for others. If you can cook start a culinary business, trade become a skilled trader, and so on. Because if you still rely on the government to provide jobs, you will find it difficult to create wealth for the future. Pursue business/freelance rather than work as an employee if you have the skills and discipline.

In the choice of salary and profit, Although it depends upon the mindset of a person but his financial stability sense of market structure and the class from which he belongs to also matter. Because only mindset alone is not enough. the person should have enough funds to do business and earn profit. I personally know a person have high market awareness and   business oriented mindset but belongs to lower middle class (not much funds for investment) can't do business he must continue his job with limited and static wage. Govt policy should be in the interest of those who have cteative mind for the well being of the economy or the citizen both.

[bettercrypto]

To be honest, I’m not quite getting the logic the OP is trying to convey here. Based on my understanding, salary and profit are essentially the same thing there's no real difference between them. I believe most members in this forum see it that way too.

My point is, salary is just what's paid to employees working for a company. You get paid for the specific days you worked, and that’s the only amount you get from the company, nothing more."

[Yeesha]

After you have explained the definition, sources and characteristics of Salary VS Profit, why not try having a salary and profit at the same time, you can act as an employee and also run a business at the same time. I am still trying to increase my income even though I work as a private employee by seeking profits from Bitcoin investments and online businesses using social media platforms. This kind of side job doesn't take up much time and isn't too complicated because it can be done at night while relaxing.
When I have two sources of income from different professions, I can use my salary to cover my daily living expenses, while I use the profits to expand my business and, at certain times, I can also accumulate investment funds.

Your idea is definitely a good idea but running a business along with a job is very difficult you cannot maintain these two things at the same time. Because in the case of a job you have to spend a certain amount of time there and then your sleep, food and drink, giving time to family, and taking some rest are very important to keep yourself mentally calm. But if you can run these two together by working hard then after a few years you can skip the job and run only the business then you will not have any problem. But initially when you leave your job and start a business you will face many challenges if you are not financially strong.

Working very hard to overcome all the difficulties and challenges in the future is a great thing. Working very hard to sustain your life and that of your loved ones is also important, if you really want to secure a better life and future for them. But that isn't the only responsibility that you have on your shoulders, spending time with them is also very important.

And for someone who wants to secure some times in other to spend some quality time with his family and capture some great moments and memories, they is no way you will be able to handle business and employment at the same time. And if you choose to be a salary earner and self employed at the same time, then you have to sacrifice so many things like your time, health and so on. Hard work is actually important but you don't have to exhauste yourself and kill the time you suppose to spend with your loved ones.

[Smartvirus]

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.

[Ab de villiers]

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.

The choice is varies from person to person and mostly it depends upon you that how much you can put effort and how much you can easily handle the stress. Basically a salary base job required fix timings or effort or it give you a fix amount. Which give you more stability and less tension and by which you can easily handle your daily expenses.
While on the other hand in profit based job if your exposure is high and you are ready to put more effort or you can easily tackle the stress then profit base job is better option. you should choose that one which best match with your priorities and comfort.

[Agathamay]

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.

Everyone of us have no option than to win. We just have to win because there's no alternative left. Let's take a roll down about salary and profits. Both can't be measured and it's been similar but to a layman understanding, there are going to be clearly fix sum between them. In salary, the earner expects the required sum and know everything and particular date while profit have none. Salary vs profits, common we're dealing with profits because it's vast amount compared to salary which is basically a specific fixed stipends that flows in weekly or monthly.

[LastKiss]

~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.

[pliego]

tbh the idea of being profitable every single day is a total myth that only scammers on twitter push to sell their courses, real business and real trading are full of drawdowns and boring sideways movement where you are actually losing money to inflation and fees, a salary is basically your hedge against market madness and i would never quit a stable job until my passive profit was at least triple my living costs, i am slightly skeptical of anyone who says they would choose profit only because they probably have never faced a real six month bear market xd

[Oasisman]

Profit over salary, any time any day!

I didn't get what you're trying to point out here, as if everyone has the option to just easily choose which way they want to get their money from, and as if we are just choosing an option to receive a reward from, no man, it's a choices for you to survive.
Of course, everyone would choose profit over salary, because they are usually bigger and not fixated. However, do you think that's easy to attain? Salary is easier and it is guaranteed, and everyone who works will have it at the end of the month. Do this profit functioning the same?

[rangga28]

Profit over salary, any time any day!

I didn't get what you're trying to point out here, as if everyone has the option to just easily choose which way they want to get their money from, and as if we are just choosing an option to receive a reward from, no man, it's a choices for you to survive.
Of course, everyone would choose profit over salary, because they are usually bigger and not fixated. However, do you think that's easy to attain? Salary is easier and it is guaranteed, and everyone who works will have it at the end of the month. Do this profit functioning the same?

In principle, an employee only has a fairly stable income, and that applies as long as they continue to work. Employees don't pose a significant risk to the company's existence unless they are undisciplined and violate established rules. Meanwhile, a businessperson always has the opportunity to earn multiple incomes and profits, even opening several branches if their management is sufficiently competent. Therefore, the notion of greater profits than salary lies in one's principles in choosing a career path.