Post
Topic
Board Economics
Re: Entrepreneurship or Office job?
by
Dickiy
on 07/11/2022, 05:42:11 UTC
Agree, but if business will be successful then it can make you rich. As other said there is no one going to be rich in working 8 -5pm business is really the key to success. Office set up is you are really us secured that you'll be getting money, which is good for people that have a family like me so that we do have money to spend on our daily needs, but I really want to invest into business, but I am scared if it wouldn't be successful since the consequence is that ill be in debt and without money.
I suggest if you want to be a smart investor never use borrowed money, because it is a very high risk for your finances, you will get a lot of problems if you use borrowed money, many investor advisors say if you want to invest use money that is safe and does not have any attachments for your needs. maybe you should read more about how to build fundamentals to become an investor.
Quote


Being self employed doesnt automatically means that we would really be having that job forever which there's still a certain risk that you might able to lose that job and if you dont make yourself other

back up investment or businesses then your fucked since there are no other source of income you do have unless if you do get some job directly after you've been fired or laid off.

There's no assurance or guarantees on this world even on dealing with those typical things.This is why it would be more wise and sensible if you do always set out Plan B or Plan C and so on....
Sometime business fail and the only option we are left with is going back to our job.
I my case - none of my business plan succeeded - maybe I am too poor at planning or maybe I am to unlucky to start my own business.
I ended up applying for the jobs again - what a poor entrepreneur me!

Usually, the entrepreneurial spirit uses failure as the most important learning material in the course of his career because he can identify the causes of failure that he experienced so as not to repeat it in the future. you should have a plan B or C to anticipate failure, even though you don't have a plan, at least bounce back and fix the mistakes. but maybe you, even more, give up and go back to your old job. and I suggest if you want to get back up, it's better not to use all of your capital but save some of it as an emergency fund for your business so that when you fall you can still get back up with confidence.