Incompetence as a salary earner; competence as an entrepreneur!

[Findingnemo]

Not really, as an employee they don't really have a choice but as an entrepreneur or owner they can take the risks but people just blame the salaried because they are not competent to work at all, so they just point fingers that being an employee is the reason and if they are given the capital and the opportunity to run their own business they will just fuck them up completely.

[JoyceBTC]

If you can't get rich as a salary earner, you won't get rich as an entrepreneur.

Definitely not true, because there are some companies that limits one’s growth, companies you will be working but can’t grow there. A salary earner might simply not get rich because of poor salary, no opportunity also for better skills which gives you less leverage to higher pay but when they get a good capital and starts their own business, they might become successful. It is not compulsory that since they failed as a salary earner, they will also fail as a business owner, it doesn’t work that way.

[hyudien]

Most of your statements, I like it, but this statement.

If you can't get rich as a salary earner, you won't get rich as an entrepreneur.

I do not agree, when a person can not get rich through his salary as an employee does not mean he can not also get rich as an entrepreneur, a simple example of jack Ma, he failed as an employee but succeeded when he became an entrepreneur.
As the saying goes "many roads lead to Rome" there is not only one road to wealth or success. Some people achieve it through a career as an employee, others through entrepreneurship, investment or innovation, the most important core is to find the path that best suits your strengths.

[Fiatless]

Most of your statements, I like it, but this statement.

If you can't get rich as a salary earner, you won't get rich as an entrepreneur.

I do not agree, when a person can not get rich through his salary as an employee does not mean he can not also get rich as an entrepreneur, a simple example of jack Ma, he failed as an employee but succeeded when he became an entrepreneur.
As the saying goes "many roads lead to Rome" there is not only one road to wealth or success. Some people achieve it through a career as an employee, others through entrepreneurship, investment or innovation, the most important core is to find the path that best suits your strengths.

Walt Disney, Soichiro Honda, Steve Jobs, Oprah Winfrey and others were seen as bad staff by their employers. One of the major reasons is that these workers don't like taking orders or working like machines. I would also have to disagree with that statement.

I knew a staff member in my organisation who was seen as disobedient because he always found flaws in the work processes. He was sacked but he ended up building a successful business.

[Dareo]

I don't believe that if you can't be rich as a salaried person, you can't be an entrepreneur either. Many people can't show their full potential in a job, but go into business and succeed in a different environment  and the opposite is also true. To me both jobs and business require different types of skills. There are certainly some similarities but not being successful in one doesn't mean you will fail in the other, Sometimes the right environment and opportunities reveal a person's true potential.

[Marvelockg]

Everything else is noise. The truth is unavoidable: It you can't excel in one arena, you won't miraculously excel in another.

Success is a personality trait long before it becomes a lifestyle!

Only that for someone that's a salary earner, your hard work don't just easily transfer to a quick increase in your pay. Before you experience increase as a salary earner, you have to work hard for a relatively long period of time.tge basic of it all remains that you don't just switch job because you want an higher pay and then it just happen. If you're a lazy person that works as a salary earner, chances are high that you're going to remain lazy as a. Entrepreneur and nothing is worse than being lazy while being in charge of your business.

Before you change a job or start up a business or firm, the basic thing that should come first should be an intentional act that involves you working on yourself first and then you can then think towards starting up a business or firm as someone that has already conquered laziness and procrastination.

[Cryptomultiplier]

Most of your statements, I like it, but this statement.

If you can't get rich as a salary earner, you won't get rich as an entrepreneur.

I do not agree, when a person can not get rich through his salary as an employee does not mean he can not also get rich as an entrepreneur, a simple example of jack Ma, he failed as an employee but succeeded when he became an entrepreneur.
As the saying goes "many roads lead to Rome" there is not only one road to wealth or success. Some people achieve it through a career as an employee, others through entrepreneurship, investment or innovation, the most important core is to find the path that best suits your strengths.

Ones strength in this regard would include the ability to be competent, to be able to handle stress and be strategic in making some decisions, else it would be a waste of time to start a business and hope to be successful at it.

The market rewards value in whatever field of endeavor either as a worker or as an entrepreneur because the bottom characteristics of wealth depends on a persons abilities and personal accountability to themselves first.

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[Nightwatchmare]

Earning a salary does not guarantee your riches, your salary can never take you somewhere as a family man, because salary is meant for now needs, is not something you can sorely depend on to make you rich some day. But to me, when it comes to been an entrepreneur, you have this confidence that your business is capable of making you rich no matter the challenges, because it is handled and directed or run by you. When you have the experience as an entrepreneur, creating room for riches will never be a problem, because you will have the time to read and on how to manage your business. I know that there will be challenges on a run, but as long as you know what you are doing you will succeed. As a salary earner, so long as you are depending on your money monthly, it can't get you anywhere.

[Questat]

It's hard to believe that anyone can get rich just by simply working on a corporate job. Your monthly income is fixed, your skills are mostly less compensated because the income is limited, and you have no say to everything that you do because you are simply following your boss rules and laws.

But if you become an entrepreneur yourself and become the boss of your own, you have the full control to everything. You can maximize your income by building more skills and create a good marketing. Getting rich is already on your hand, is up to you how you will grab that opportunity and become extremely rich, or you just settle on an average income as long as you can sustain your business.

[r_victory]

If you can't get rich as a salary earner, you won't get rich as an entrepreneur.

It is not the salary one earns that makes a person rich, but rather what is done with that money; the ability to multiply it is what leads to financial success. In my country, there is no shortage of people in high-paying professions—such as doctors and engineers—who are deeply in debt.

Now, certainly, if a person does not know how to manage what they earn, they will not have the necessary competence to manage a business.

[programmer3666]

If you can't get rich as a salary earner, you won't get rich as an entrepreneur.

People tend to pretend entrepreneurship is a shortcut to freedom. It isn't,bits just a different battlefield.
The harsh reality is simple: the traits required to climb into a high-level, high-income position include; competence, stress tolerance, problem solving under pressure, and strategic cunning. These are the exact traits required to also succeed in business.

If you can't rise in a structured system, what makes you think you'll survive in a lawless one?
Often some misconceptions have been echoed; "You can't get rich off a wage" False! You can if you're valuable enough. "But you won't be free" Also false! Entrepreneurs aren't free either. They are shamed to their clients, investors, employees, deadlines, public image and baseline survival.

Everyone is a slave to their success, the only difference is who holds the chain.  A salary can own you, a startup can own you, your ambition can own you.

Only a few ever break out of the loop, and they do it through one of the three paths; exceptional skill (wages),  exceptional leverage(ownership), and exceptional creation (innovation).

Everything else is noise. The truth is unavoidable: It you can't excel in one arena, you won't miraculously excel in another.

Success is a personality trait long before it becomes a lifestyle!

Some people are just not built for corporate life, office politics, rigid schedules, following orders all day. But give them their own small business and they thrive because they can work at their own pace and make their own rules. Imagine a school teacher who struggles in a strict school system but starts a private tutoring center and becomes successful. Or a factory worker who can't stand the 9 to 5 grind but opens a small poultry farm and builds a steady income. Same person, different environment, different results. So it is not always about competence. Sometimes it is just about

[Russlenat]

Reality is, not all salary earners are incompetent, and not all entrepreneurs are highly competent. Its just that there are higher earning opportunities for those entrepreneurs while limited income for those who work as minimum wage earners, but being competent has nothing to do with the amount of your income.

However, if the point here is who often get rich and establish wealth, obviously its the entrepreneur, but who made him rich are definitely the people who serve and work for him, his workers or employees.

[X-ray]

I don't think you need to excel as a salary earner to excel as an entrepreneur.

Tons of people make it big through entrepreneurship out of their frustration because no matter what they do, there is simply no career path worth continuing for them.

Being rich and succeed as an entrepreneur is a mix of luck, opportunity, and right time at the right place.

[viljy]

~
Everything else is noise. The truth is unavoidable: It you can't excel in one arena, you won't miraculously excel in another.

Success is a personality trait long before it becomes a lifestyle!

This is a very dubious statement, because the world is full of examples of the exact opposite. And one more thing: you can't get rich on a salary. If there are examples of rich people on a salary, then these are either single valuable specialists, or a random combination of circumstances, such as SpaceX employees who got rich after the IPO (strictly speaking, this is not entirely true, because these were investments in stocks at the expense of wages).

[Mayor of ogba]

If you can't get rich as a salary earner, you won't get rich as an entrepreneur.

There are people who quit their jobs just to become entrepreneurs and they ended up becoming rich, so your statement isn't valid. It's likely that someone you know couldn't become rich as a salary earner and the person attempted entrepreneur and couldn't become rich either, that's why you came up with this thread. In this life whatever you have passion on that's what is likely to make you rich, if you are earning good money from it. Just like you have passion to become rich as a salary earner, you will do everything within your power to acquire a degree or a skill that will enable you to earn a good amount of money in order for you to become rich as a salary earner.

[Maslate]

Success is a personality trait long before it becomes a lifestyle!

It's nonsense, and I don't even want to read the whole post. If you receive a salary, then your hands are not free. If the OP thinks that everyone who works for "Uncle" can prove themselves to be a valuable specialist, then he is deeply mistaken. Not all employers are willing to pay for the "brain and talent" or really the amount they are worth. People are greedy, and very often, having smart and talented people under their command, they know this and deliberately do not pay a normal salary. And that's why, OP, people who have their own ambitions and talent start running their own businesses, because they understand and know their own worth. And I laugh out loud when I read that success is now a character trait. Are you serious?🙄

People who chose to work for their employer should not expect that they will be paid with a normal salary based on their brain and talent because that will never happen. In fact, a lot even end up underpaid, especially if they are less qualified or they don't meet all the requirements. It's already an advantage if the employer will stick to the minimum rate, but a lot of employers do not follow that.

So if you aim to get rich and expand your knowledge and skills, staying as a corporate job worker will never make it possible, but one should get out from his comfort zone. And that's the time they will know their real worth and value if they start to manage their own business and continue to thrive despite of the tough competition in the market industry.

[Faisal2202]

Everything else is noise. The truth is unavoidable: It you can't excel in one arena, you won't miraculously excel in another.

Success is a personality trait long before it becomes a lifestyle!

Being an employee and being a boss who has to manage everything in the start are completely different kinds of stress. You need a lot of stamina if you are working for yourself because for some time you have to work for yourself for free, and you will also need some people to work with you and they won't work with you for free, so you have to manage that as well. This is a really troublesome process, but it is worth the risk.

While a person making a salary won't have to meet every single deadline, they just have to manage the work of their own field. They don't have to deal with customers. They don't have to step into the field where they don't get to dirty their feet, so they can say whatever they want. The reality is different.

[GeorgeJohn]

If you can't get rich as a salary earner, you won't get rich as an entrepreneur.

Been a salary earner cant make you rich, most rich people in the world are not known as a basic salaries earner...they worked so hard to establish themselves through business, so business can make you three times richer than salary earner...

People tend to pretend entrepreneurship is a shortcut to freedom.

Entrepreneurs is not shortcut to riches, and I want also let you know that theirs no shortcut to riches, to get rich is by planning..An entrepreneurship can't make someone to be fast in riches, they're people who has been into business and the business collapse..

[BlackHatCoiner]

A lot of people jump into entrepreneurship just because they hate having a boss, only to realize there is a boss in entrepreneurship, and it's called "the market". And by the way, the market is way more unforgiving.

If you lack the discipline to excel when someone else is handing you a roadmap, you'll definitely drown when you have to build the roadmap yourself. Successful entrepreneurs all share one common characteristic: They have strong stress tolerance.

[lionheart78]

If you can't get rich as a salary earner, you won't get rich as an entrepreneur.

False.  This absolute statement is partially true.  There are people who are not able to get rich as a salary earner and at the same time has no knack for business.  But there are people who are able to be successful as an entrepreneur but never had a good income from being a salary earner.

I am not mocking you or whatever but I think a person need to observe more than going into conclusion.

If you can't rise in a structured system, what makes you think you'll survive in a lawless one?

This makes me think Bitcoin being decentralized against the centralized system   

Only a few ever break out of the loop, and they do it through one of the three paths; exceptional skill (wages),  exceptional leverage(ownership), and exceptional creation (innovation).

See, you are already conflicting you first statement.

It you can't excel in one arena, you won't miraculously excel in another.

Does not make sense with lots of historical evidence that is scattered around the internet.  I think we need to learn more about what "knack" is.

Success is a personality trait long before it becomes a lifestyle!

If you consider success as a personality trait, you simply admit that what you stated about the "arena" is not true, because each person has different traits.  They maybe slow on one thing but highly skilled on another thing