Post
Topic
Board Economics
Re: Earning salary or owning a business which is better
by
junder
on 09/09/2025, 04:29:39 UTC
You are absolutely right. So many of us rush into business  praying and expecting quick profits, but they forget that before a business can grow and stand firm it takes time, you fund it regularly at the early stages. Keeping your salary job while growing your business is the best smartest way. It gives you financial backup and reduces pressure on the business. They are a lot of people who quit too early just because the business doesn't pick up fast as they expect.
I often encounter new businesses popping up, most of them run by young people who tend to be lifestyle-minded. However, the common thread is that most of these businesses only last a few weeks, and the longest is probably no more than five months. This is because, I believe, they start these businesses without proper knowledge and preparation. They tend to focus solely on profit and lifestyle, while forgetting about the risks.