The struggle between the decision of being your own boss and working under someone is becoming more difficult to make as economic situations become tougher. From evaluation around me, self proclaimed entrepreneurs are quitting entrepreneurship because of difficulty in maintaining a business and reduced sales due to reduced purchasing power from people, an effect of the economic situation. Office workers on the other hand who also have been on one salary grade for a long time now are becoming fed up with how their monthly salary is no longer sufficient to secure a comfortable lifestyle for a month also due to the higher cost of living. What do you think is the way forward?
Ideally with today’s lifestyle and situation, if you could possibly manage having a bit of both then your in a good place. But as you grow older and start to mature a bit more, you will probably be attracted to the prospect of
Entrepreneurship. Being your own boss and managing your businesses is beneficial especially when you
have a family. We all need financial security, so I firmly believe investments should also be taken highly into
consideration since we are in the topic, working for some company or having a business doesn’t necessarily provide or assure you with some solid financial future. Investments is another option, and a good one.