Corporate job or Entrepreneur?

TheVigilante

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What's your perspective?

We hear that running a business is tougher than going for a job but it's also the vice versa when you have a shrewd manager right?

Do you think than going having a corporate job is hardfar tougher as opposed to being a entrepreneur?
 
Only start a business that will eventually not depend on you. So one that you can scale with employees etc.

So one day if you had enough you can sell it
 
What's your perspective?

We hear that running a business is tougher than going for a job but it's also the vice versa when you have a shrewd manager right?

Do you think than going having a corporate job is hardfar tougher as opposed to being a entrepreneur?
The corporate job is worthwhile, in spite of the shrewd managers and office politics only if:
1) It's in an industry where you can learn the business, and it's your long term goal to start a similar business (with the end goal of piling up massive wealth). You are an apprentice there, an intern.
2) You are using the job to afford food on your plate and roof on your head, and have a clear exit plan (6 months / 1 year max). And are able to save enough money to start your business with the bare minimum.

Do not get addicted to the fixed salary and warmth of the office culture. Your colleagues are like temporary side chicks who you plan to dump when the time comes. Eat, drink, joke, play with them but do not get too attached to them. You are like a secret agent who's there to suck the info and experience you need for a bigger goal of your own self interest.

"The kingdom is rich and bountiful, so you'll eat, drink and be merry. But you'll never be King. If you want more adventure, you've gotta get on your horse and ride out of the kingdom when the time comes and find your own dragon to slay." - (don't know who wrote this but I have it in my Google keep notes).
 
there was a guy who could literally write an essay and make you believe job is better than being owner.
ah yeah i remember sherbert hoover
 
Being a entrepreneur is good.
Unless your get addicted to earning money and ruin your life in that.
 
there was a guy who could literally write an essay and make you believe job is better than being owner.
ah yeah i remember sherbert hoover
I just checked his account - has he left BHW? If so, do you know why? He wrote some great posts.
 
Do you think than going having a corporate job is hardfar tougher as opposed to being a entrepreneur?
Both are tough, it depends on an individuals goal. Some people will prefer the corporate job and some will prefer being an entrepreneur,
I will choose entrepreneurship anytime.
 
What's the question? Which one is harder?

It depends what you define as hard.....

Financially - being an entrepreneur, for sure. Especially at the start. There's no stability as an entrepreneur.
Everything else - it depends. Having been in a corporate role for years.. there's little skills learnt, have to answer to people, expected to work long hours for nothing, fixed hours, you're around people who complain 24/7, etc.

So it depends.
 
What's the question? Which one is harder?

It depends what you define as hard.....

Financially - being an entrepreneur, for sure. Especially at the start. There's no stability as an entrepreneur.
Everything else - it depends. Having been in a corporate role for years.. there's little skills learnt, have to answer to people, expected to work long hours for nothing, fixed hours, you're around people who complain 24/7, etc.

So it depends.
I said entrepreneurship was considered as a hard task but many people are arguing that a job is tougher than being an entrepreneur
 
The corporate job is worthwhile, in spite of the shrewd managers and office politics only if:
1) It's in an industry where you can learn the business, and it's your long term goal to start a similar business (with the end goal of piling up massive wealth). You are an apprentice there, an intern.
2) You are using the job to afford food on your plate and roof on your head, and have a clear exit plan (6 months / 1 year max). And are able to save enough money to start your business with the bare minimum.

Do not get addicted to the fixed salary and warmth of the office culture. Your colleagues are like temporary side chicks who you plan to dump when the time comes. Eat, drink, joke, play with them but do not get too attached to them. You are like a secret agent who's there to suck the info and experience you need for a bigger goal of your own self interest.

"The kingdom is rich and bountiful, so you'll eat, drink and be merry. But you'll never be King. If you want more adventure, you've gotta get on your horse and ride out of the kingdom when the time comes and find your own dragon to slay." - (don't know who wrote this but I have it in my Google keep notes).

I actually am wondering is this also the case in the US or other countries where bossing is done on a major scale because I consider India to be at the forefront when it comes to sickos and what not I would call them off course there are good ones out there but it's the bad ones who are always at the center stage :(
 
Maybe the field of work is what dictate this? So for attorneys, I work at a small firm: me, a paralegal, and an attorney.

Then you have the big firms, the "corporate" ones that bill ridiculously and have 200+ staffers in their building.

While the attorneys there make $80k - $270k, it is salaried. Whereas the potential of being a small firm can be greater than $270k and also dogshit low.

Ultimately depends on risk level to be honest. Most new attorneys don't have the guts to take out another 150k loan on top of their preexisting $150k debt from law school to start their own firm.

Generally, the only newbies I see in the legal field that have their own firms are the smoking hot female attorneys that have their own corporation set up when they just passed the BAR exam last week lol. Then I look at the big diamond on their finger and see who is financing their part-time job as an "attorney".
 
It's ultimately a mindset thing.

You prefer creativity, freedom, sky as a limit, and the risks that belongs to all of it? Then you are in for an entrepreneur.
You prefer security, being always told what to do, routine, and the same amount of money each month? Then you are in for a corporate job...

Simple as that. I am an entrepreneur by heart, and that's why I was last employed in 2008 - and only for 1 month :).
 
there was a guy who could literally write an essay and make you believe job is better than being owner.
ah yeah i remember sherbert hoover

Wasn't that @darulez ?

For myself I'd rather work hard as an entrepreneur for myself instead of a job for someone else. Both can be hard depending on multiple factors.
 
If you have self-discipline, entrepreneur all the way. Otherwise, for some, it's just easier to be told what to do.
 
From my point of view it depends a lot on how you are built.

Stress is not the factor necesarilly, you can be stressed out as an entrepeneur or corporate employee, although from my point of view, when it's your bussines you tend to be more stressed about it.

But no, the deciding factor I consider to be is stability. Can you handle big gains but big risks of it not working or just go work in a corporation? The gains might not be as big, but it's a steady income.

You need to know what type of persom you are.
 
Being in a corporation can't do any harm if you plan in the future to become an entrepreneur, seeing how big companies work from "inside" can help you in your future.
 
It all depends on the person. Some people prefer the consistency and security having a corporate job can offer.
Being an entrepreneur has many benefits like unlimited earning potential and flexible schedules. But to make it work as an euntrapuenr you need to be a bit more of a risk taker and work harder than anyone else to reach true success. Not everyone has the drive it takes to be euntrapuenral and would prefer the consistency of a 9-5 corporate job.
 
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