Which Is The Best Career Option – Business or Job?
Choosing Carrier option from Business and Job is the all time favorite question of every student who just completed his college and searching for earning…
Hii This is Suraj From Supersavy.com I am pursuing a degree in business administration and management studies. I have seen many of my colleagues often falling in the confusion while selecting the career option.
What to choose between Business or Job..?
Startup our own business or get a job in top leading companies… The ratio of both is 1:1
So this confusion is quite obvious in everyone’s mind. Because we are in search of the most convenient option to earn money.
After all, both being an employee & being a businessman have their advantages & disadvantages.
The businessman is often being free-risk takers, will have benefits of controlling their own time and income, which means whatever efforts they will take will put equal results on their earnings and wealth.
Whereas, The employees have their own fixed time for work where whatever efforts they take are limited to fixed working hours & they gain a fixed amount of salary, perks, etc. Then if the company is in loss or profit what so ever they get their fixed cut & don’t need to be worried about payments.
So as we will discuss the advantages & disadvantages in both options business and the job.
Advantages of business
Career growth :
The business owners can fulfill their goals and desires.
There is no one to command them because they are the boss & no one can oppose or cross their decisions, & they can decide the amount & size of taking a risk.
The business owner has all rights & opportunities to rule in the market. And that is decided by the demand of the market for their service or products.
When there is no boss to rule on. The businessman is free to make their own decisions in both their personal as well as professional life.
They can perform their tasks whenever & however they want according to there own schedules.
They will be able to provide directions to employees & have other peoples to help them in generating income & satisfying their goals.
Flexible work schedule :
The business owners can work according to their own suitable time.
They are free to decide their working hours, they can set & change their working schedules according to their own choices, then it may be working for 20 hours a day or 2 hours a day.
Efforts are equal to Earnings :
The financial growth is according to efforts taken. Where whatever hard work the businessman does results in greater outcomes,
It’s not like an employee where whatever efforts & hard work you do you will get paid a fixed amount for the hourly pay scale as agreed to.
Disadvantages of business
Heavy stress :
There is no guaranteed income, no one for providing guidance or directions.
And surrounded with lots of problems like – legal issues, employee disputes, payment delays, unstable incomes or transactions, heavy responsibilities, negative feedback. It can create stressful situations for a businessman.
Initial investment :
while starting a business no one easily invests. So the initial investments have to be done by own money or by borrowing money from a bank or other financial institutions on high-interest rates which again ties a rope on you.
That means it feels like stucked until you pay off your debts.
Unstable income :
The initial stages of the business are very crucial and there are no stable incomes for years which creates financial crises & debts, because whatever happens the business owner has to make everyone’s payment in time then it may be payments of internal working staff’s salaries or External expenses like raw materials, marketing, promotions & advertisement expenses and other daily miscellaneous expenses for business.
Risks involved :
When deciding to become a businessman & starting up a business. You have to keep in mind the risks and ability to handle risks like – risks of failing, getting covered into heavy debts, risks of bankruptcy, etc.
Advantages of Employees
Leave Benefits :
Leave benefits or holidays are the times available each year for employees. They can take a holiday and spare some time for spending it on personal developments like for hobbies, relationships, & also for simply getting out of workload & just relax & refresh sometimes.
Guaranteed Income :
While comparing the business with the job, employees get a fixed income according to their pay scales & Working hours.
The employees have their own fixed time for work where whatever efforts they take are limited to fixed working hours & they gain a fixed amount of salary, perks, etc. Then if the company is in loss or profit what so ever they get their fixed cut & don’t need to be worried about payments.
Fixed working schedule :
The employees are hired to work on pre-planned procedures where they are agreed on fixed working hours according to the salary paid. They don’t have to work for an unknown time. The time for them is usually fixed like every other 9 to 5 job.
Less Responsibility :
The employees are divided into different work areas which take on
Disadvantages of Employees
Limited scope for development
Discussion Section About Business or Job.
Business is a convenient option which is on our mind and controls, Another advantage is that you will get more if you work more for building your own business & not like the job where whatever you do best you will get the fixed amount paid.
Job is one option which starts your earning without any financial investments,
The job also gives you experiences of the working process of the organization as well as teaches you discipline living and proper management skills as you are in control of your bosses.
Whereas business has risky situations no fixed income it may fall any time and its hard to get up with today’s competitive markets.
So rather choosing single option get both one after the other
I have noticed that most successful people started their career with job and setup business while continuing the job
So that whatever happens one side will balance the other.
There is no total loss in this case & less risk too..!!
Best Job Searching Website – NMK
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