Business vs Employment

[Cgrexp]

An employee is usually paid for his hard work on a fixed time, but businessmen have a process where income is created without their presence and the pace of income or wealth growth of an employee and a businessman is not the same. Employees are usually set a salary limit and they do not get more than the fixed limit. However, there is no fixed limit to the profit of a businessman. The more products he can produce and manage it properly, the more profit he will get. It is not that a person who is employed cannot become rich, they can also become rich, but not only through their salary but also through stock options, investments or long-term wealth formation.

[snowpega]

Why is it that most millionaires or billionaires come from businesses? I rarely see someone who made immense wealth through being an employee under a company. Most people get employed, save up, invest in businesses and get rich. But no one actually becomes untouchable rich just by being an employee. What are the reasons for this?

If you have good skills and you are hired at a higher level in a good company with a very good pay rate, then I think you can still become a millionaire, haha. But yes, it is true that employment in the majority of cases does not bring anyone financial freedom. But if one has a clever and smart mindset, then one can consume their employment salary in asset investment, but only if it montly expenses allows him to save some funds so that they can invest it further.

Being an employee at the initial stages is not bad at all. Becasue one can gather some funds being an employe at any good comapnay and in future with the help of this money one can start its own bussines. But here is also the most important thing to discuss, which is that not everyone becomes a successful businessman because of their weak strategies. One has to learn good ways and strategies to become a good and successfull bussinessman in my point of view. What do you say?

[Stepstowealth]

But no one actually becomes untouchable rich just by being an employee.

There are people who have been able to accumulate wealth by having multiple sources of income because I feel that is the base requirement for being wealthy but the primary source of income came from the jobs they occupied and some people are very fortunate enough to occupy very well paying jobs under very big companies that really appreciate their workers. To be rich you have to have multiple sources of income and some people have been able to do that by establishing multiple businesses while some people have multiple sources of income from the job they occupy adding another little businesses. People who are able to become wealthy from business can also be individuals who are able to occupy multiple roles in multiple companies working part time in each let's say as a consultant.

[HONDACD125]

Why is it that most millionaires or billionaires come from businesses? I rarely see someone who made immense wealth through being an employee under a company. Most people get employed, save up, invest in businesses and get rich. But no one actually becomes untouchable rich just by being an employee. What are the reasons for this?

Isn't it obvious? When you are employed, you only get a fixed amount as your salary every month, and even if that amount is pretty high, it won't make you wealthy even if you become rich from it, and being rich and wealthy are two different things. If you are employed in a big company that pays you very well, you might become rich, you will have a comfortable life with all the amenities and the financial capability to get whatever you want, but you won't become wealthy by just being employed, because wealth means that you should have enough money and resources that you don't need to work anymore to maintain the life you are living.

So, when you have your own businesses or a business, you basically don't have any limit on how much money you can make from it. The better you run and manage the business, the better it will be for you because it will make more revenue, and you will make more money. This is why, those who become millionaires or billionaires, they start businesses, firms, companies, and then either expand them or sell them to bigger players than them and become wealthy like that.

[hyudien]

Why is it that most millionaires or billionaires come from businesses? I rarely see someone who made immense wealth through being an employee under a company. Most people get employed, save up, invest in businesses and get rich. But no one actually becomes untouchable rich just by being an employee. What are the reasons for this?

The reason is simple man, and it is well known, because workers who work in a company have their salaries determined every month, if for example you get a salary of 1000$ per month then you will continue to earn that figure as long as you work there even for years (which may be every year there is a salary increase but it does not mean anything because of inflation) business is different, if your business is successful you will earn hundreds of times more. Then utilize it again by opening a new business or investing, the more sources of income you have the faster you will be in the circle of billionaires.

[Bitcoin Smith]

Why is it that most millionaires or billionaires come from businesses? I rarely see someone who made immense wealth through being an employee under a company. Most people get employed, save up, invest in businesses and get rich. But no one actually becomes untouchable rich just by being an employee. What are the reasons for this?

Do we really need an explanation for these?

You are getting paid by someone when you are an employee which tells the story that someone can afford you means they are richer than you are, just plain truth.

We have a handful of employees who might end up in the millionaires list but to become a billionaire, then you need to generate wealth which isn't possible with salary.

[sunsilk]

Why is it that most millionaires or billionaires come from businesses? I rarely see someone who made immense wealth through being an employee under a company. Most people get employed, save up, invest in businesses and get rich. But no one actually becomes untouchable rich just by being an employee. What are the reasons for this?

That's because in business or investing, there's no cap in the profits that an individual will earn.

Unlike in the employment, we've got the cap on how much we'll earn per month or per year. That's why even if the company is profitable, thanks to you.

You'll only receive the salary with the cap that you've signed on your contract with the company. The rich does tells that but only few listens.

[Rockstarguy]

Why is it that most millionaires or billionaires come from businesses? I rarely see someone who made immense wealth through being an employee under a company. Most people get employed, save up, invest in businesses and get rich. But no one actually becomes untouchable rich just by being an employee. What are the reasons for this?

That's to tell you that an employer only employs you to pay you some change, but as someone who is into business or investing, you grow to a level that you don't expect and still diversify your investments. The more it expands, the more you can invest.

However, as an employee who is working for someone, you will be working with a fixed salary for a long time because you are being employed to work for someone, and they don't care if you are playing an important role in making money for them. Business grows, and as an employee, you only get promoted with a salary difference from the previous level at work.

[Furious 7]

The standard becomes different in the end when it is the rich who are used as the benchmark and the business and employees who are the comparison.
Not that I disagree with what you said but I feel that employees have their own standards when talking about wealth because what is considered rich by most employees especially those in my neighborhood are those who do have a vehicle (car or motorcycle) is always the standard so that when they have achieved it sometimes they will enjoy the income directly no matter the long term the most important thing is that they feel enough with the salary and work they have and they only work according to the professional demands of the job there is nothing special.

This will be different from those who always rack their brains in a business sometimes they will not even take a big profit first for the life they run because they realize that the business needs some back up funds and needs to be continuously upgraded to be bigger because the business risks are not easy.
So they will continue to grow up with their business because they realize that as long as the business they run is getting bigger, it is certain that their income will also increase so that the standard of wealth becomes different here because what they want to aim for and focus on from the beginning is also different.

[Royal Cap]

I think the main difference is in the income limit. No matter how good a salary an employee earns his income usually stays within a fixed rang. But in business there is an opportunity to scale. A successful business can generate money even when the owner is asleep and from there huge wealth is created.

Another thing is there is ownership in business.  If you are the owner of a shop or a company, as it grows the value of your asset also increases. So a job provides a stable income but business often offers the opportunity to create massive wealth.

[Akbarkoe]

You are using the richest men in the world to just make your conclusion but which is not right. There are people that are working under them that are very rich.

I have seen some oil companies that their top workers like the manager of a bank, oil companies or tech companies that are very rich.

Some people first work under someone also before establishing his own business.

There are also people that have their own business but they are not rich. I understand what you want to say, that people should be independent which is right, but not everyone can be.

But in conclusion, the OP cannot be denied that employees will never beat a businessman, there must be someone who is rich from work but yes it is limited to the position and company he works for, if there are employees who can get rich from their work I think he has a lot of side income, apart from investment, he must have other income from the business he built himself, even though it is not big but it can support the growth of his income such as someone can become a CEO and also become a consultant in another company if it does not violate the contract provisions.

[Davidvictorson]

Why is it that most millionaires or billionaires come from businesses? I rarely see someone who made immense wealth through being an employee under a company. Most people get employed, save up, invest in businesses and get rich. But no one actually becomes untouchable rich just by being an employee. What are the reasons for this?

Millionaire and billionaires are capitalists and they know how the economy works. The employees cannot be as wealthy because, they do not have as much a stake in the company as do the owners, investors, and shareholders. There are a few examples though of employees who have become multimillionaires. For example, Google, Apple CEOs like Sundar Pichai and Tim Cook who took over from the founders.

[blockman]

Why is it that most millionaires or billionaires come from businesses? I rarely see someone who made immense wealth through being an employee under a company. Most people get employed, save up, invest in businesses and get rich. But no one actually becomes untouchable rich just by being an employee. What are the reasons for this?

The corrupt politicians are our employees and they get rich from their positions. 
It's hard to do business when the government itself is the one that wants us to remain employees forever. The policies that they create instead of easing it, they're the ones who make it difficult for one to aspire to start a business. From the permits, to taxes and all of those paper works that have red tape. They're all making it the hardest part and that's to start. I'll choose to become employee but will do several side hustles and will put most of my profits in an asset that can potentially make me rich and that's with BTC.

[Questat]

That's because when you settle on being an employee, your hard work and efforts do not add more income on your part, but you are making more income to the owner of the business or the company. You don't get to be rich with being a worker alone, but you are making the company owner richer and more productive.

That's why those who have the strong urge to get rich do not stay working as an employee forever. They only set their job as their first step and learn from it, especially the tactics and tricks on how to attract luck and wealth. Eventually, they create their own business and apply everything they have learned and worked for to flourish on their own, not for their employers sake.

[Dr.Bitcoin_Strange]

Salaries or pay cheque are just for sustainability and also to help the person build their self of their future if actually the person wants to get better financial stability. Some rich people, those ones that created wealth for themselves by starting from scratch, some of them actually worked (employee) before they started investing and building themselves until they stood on their own business or company. Being an employee can not make one become extremely rich unless you use the salaries to build a personal financial well for yourself.

[AakZaki]

Generally, it only happens in countries that have low wages, in most countries employees can get wealth because of fairly large wages.
All of that is based on the ability of the person himself, When someone can master something crucial, it is not impossible that a large company will grab him with a large salary as well.

Meanwhile, having your own business like the businessman does, is actually reflected in the actors in this Crypto Industry, who dares to take big risks is likely to get big profits as well.

So it's no wonder why all of them look opposite, because businessmen have hit the possibility of risks that are also big, When everything goes according to plan, wealth will be obtained.
Meanwhile, an employee has almost no risk of loss, so it is natural that the results can sometimes also provide wealth and sometimes only stagnate.

[yixichloro2xx]

I think the main difference is in the income limit. No matter how good a salary an employee earns his income usually stays within a fixed rang. But in business there is an opportunity to scale. A successful business can generate money even when the owner is asleep and from there huge wealth is created.

Another thing is there is ownership in business.  If you are the owner of a shop or a company, as it grows the value of your asset also increases. So a job provides a stable income but business often offers the opportunity to create massive wealth.

‎I agree with you, a Job offers gives stability, steady income but it's problem is just the salary structure. Especially if someone is in the lower tier of the working class.  Sometimes even the salary they earn doesn't always cover their expenses. Another problem they face is if there's are economic crisis unexpected lay offs can happen, which can make someone lose their income. Business is different because it has room to grow massively especially when you put more effort or time. Also a stable and established business can generate you larger income than that of a job salary.  There's nothing like lay off or suspension but it also has it cons. The problem there is market conditions or competition where you now lose customers and have low sales.All risk of the business is on you, at times there might not be stable income. My point is both job and business have their own advantages and disadvantages and moreover a stable job can also provide the capital and experience needed to start and grow a successful business.

[abhiseshakana]

Salaries or pay cheque are just for sustainability and also to help the person build their self of their future if actually the person wants to get better financial stability. Some rich people, those ones that created wealth for themselves by starting from scratch, some of them actually worked (employee) before they started investing and building themselves until they stood on their own business or company. Being an employee can not make one become extremely rich unless you use the salaries to build a personal financial well for yourself.

For me salary is the first foundation for building financial resilience, high income is fruitfull but do not think big salary as an ultimate goal, it is only tools for building foundation. With salary as an active income, we can build emergency fund, improve skill and education for value added, saving for business capital or start investment. Me my self also start as employee, because i need to add my understanding on business before build mine. On my opinion as businessman, not all people must be an entrepreneur to get financial freedom, wealthy stacking can also build by employee as long as we can mange our surplus income over a year so can accumulate asset and has financial buffer. The key to be rich is change active income to be asset that work continuously. Try to think how to change salary for today living to be an asset or investation which help us has stable future. Based on my house assistance, as employee just try to have good investment, healthy cashflow, productive asset and the most important thing controllabe lifestyle (thrifty but not stingy)

[Cheema02]

Come from businesses? You mean created or cofounded one presumably. These people also often came from rich families, which provided them exceptional education, connections, seed money and freedom to try lots of different things which is a massive boost to an early company. There is no doubt that they become independently very clever through this whole experience, but there are plenty of cases where they did casual or even professional work before starting up their mega corp, because it gives them general life experience. Nobody is ever going to get billionaire rich working for others, but there are plenty of self made millionaires who are doctors/lawyers/dentists and even some with trade skills.

Its very rare when an individual get success from nothing because practically almost all billionaires and wealthy individuals of the world have the edge of wealth parents, good education and financial support and also have the freedom to take step for a business without worrying about loss. No doubt a lot of hard work, patience and consistency is required for success but these factors helps a lot for ordinary people to do some extra ordinary. But do a jon regularly before starting a business also very meaningful because through it people gain experience and gradually developing discipline and learn how large organization can perform functions. But as an employee its extremely difficult to becomes billionaire because high skilled personalities like doctors, engineers and lawyers often after putting great efforts becomes self made millionaire's rather than inherited properties.

[Marvelockg]

Why is it that most millionaires or billionaires come from businesses? I rarely see someone who made immense wealth through being an employee under a company. Most people get employed, save up, invest in businesses and get rich. But no one actually becomes untouchable rich just by being an employee. What are the reasons for this?

There are levels to this and not everyone has what it takes to own a business which at the end of the day can't run without needing others to complement it. Even when you start up a business, you will need to employ people to join you in the business and that's what always brings employment and business together. For any new start-up, there's always an opening that brings in new people into the system.

The easy way to start is to get a job and getting a job is far more than just looking for a source of livelihood. By working for someone, You stand to learn from an already existing structure and in the process starting up your own business saves you from the different challenges that comes with it. There are people that takes up a job just for the sake of footing there bills and others that takes up the job just because they want to learn on the job and if there's ever a need to stand alone, it becomes easy and possible for them. Again, not everyone is wired to run a business. Some can run it effectively while some can't do. It's those that have the ability to run it effectively that survives in the business while those that are looking for money alone finds it deficult to stay long enough.