View Full Version : Businessman or Employee?
Fu_bu
Nov 23, 2004, 03:13 PM
Given the chance, which one of the two would you like to be?
Please explain.
:D
paulgilbert80
Nov 25, 2004, 04:23 PM
businessman syempre ayaw ko habang buhay slave sa company
mas bilib ako sa mga taong nagsasarili kahit maliit lang kaysa naman sa mga empleyado na mayayabang na manager daw sila supervisor or tech support so ano ngayon kung ganun kayo. d tulad ng businessman *** ang boss at ikaw ang humahawak ng tao. or sarili mong business kahit maliit lang mapagkikitaan naman dba.buti pa nga mga tsinoy yumaman ** sa pinas.
omeng
Nov 25, 2004, 05:43 PM
he he
SILENTMAX
Nov 25, 2004, 07:03 PM
paulgilbert: di naman dahil tsinoy sila ibig sabihin business man ka agad sila. marami rin mahihirap na tsinoy's pero tama ka mas ok nga mag sariling negosyo hawak mo oras mo and mas vertical ang posible income mo. just look at pareng OMENG. yumayaman na yan na walang ka hirap hirap :D
omeng
Nov 25, 2004, 08:50 PM
ha ha
paulgilbert80
Nov 25, 2004, 09:21 PM
sino na ba mayayaman ** share naman ninyo mga secreto. im a businessman din pero small time pa.
SILENTMAX
Nov 25, 2004, 10:06 PM
paulgilbert80:
on my kidnap list are the following......
kuyadanny: i heard he made a killing on suplying cofee
(to a seattle conglomorate no less...)
gumacain: private investor
Snop: holds a couple of franchises of ***** and also a private investor
omeng: charcoal magnate :D
zimdude: tech wiz scion
as for me it useless to ask me questions as im just a fishball vendor who happens to like business and keeps it as a hobby.
j_l_uy
Nov 26, 2004, 08:45 PM
Silentmax, thanks for the list. hehehehe...:cowboy: Anyway, the truth is its nice to have a job. Its more stable and less risky than having own a business especially if you are just starting up. The negative side is that you are still working for others (and not for yourself). In business, like many said... you get to be your own boss (and the risks you take will also be shoulder by your own). To answer you questions, I would say "business" due to my current circumstances (but it may change as the winds changes ;) ).
kennster
Nov 27, 2004, 05:28 AM
Originally posted by Fu_bu
Given the chance, which one of the two would you like to be?
Please explain.
:D
well this is a no-brainer.. who in his/her normal state of mind would choose to be an employee rather than a boss.. though im still an employee now (no choice), i plan to go into business in the near future.. ;)
omeng
Nov 27, 2004, 09:37 AM
ha ha
di na ako mag-uuling ngayon dude max.. maglulupa nako ngayon.. like pareng trump-o.
si krakista nakalimutan mo.. wiz kid
elyserva
Nov 27, 2004, 11:45 AM
You said, if given a chance! It's a no brainer, a Businessman, of course!
paulgilbert80
Nov 27, 2004, 06:46 PM
@SILENTMASK
ok naman yung pag fishball.karamihan ng mga business sa hobby nag start then it turn to business.
galing mo nga yung iba nga dyan empleyado pa rin. nangangarap pa rin mag business.
omeng
Nov 27, 2004, 07:23 PM
he he
"fishball" ang pangalan ng apat na branch ng coputer shop niya
open na ba dude max?
paulgilbert80
Nov 28, 2004, 09:38 AM
galing hahaha
SILENTMAX
Nov 29, 2004, 09:15 PM
i will excercise my right to remain silent :D
omeng;
btw yung i open ko sana. delayed na naman badtrip just had the line installed last week. sana this week na makabit na yung dsl.
mertzvox
Nov 29, 2004, 10:52 PM
@silentmax
ano ba name ng computer shop mo para ma visit naman namin.
ako i have a computer shop plan ko rin pero small time pa lang.
omeng
Nov 30, 2004, 01:00 AM
ganun ba? hope it will be ok before next week nga. xmas na tsong!
mertzvox; "fishball" nga.. =)
fossil7
Nov 30, 2004, 02:57 AM
both... for the meantime
MFaust
Nov 30, 2004, 03:41 AM
"Successful" business man for sure. Depending on the business. But I'd hate to be in a business where I HAVE to be there 24/7 and can't take a vacation. Being an employee of a big company does have its ups, especially if you're very well paid. Having a steady pay check, insurance benefits and 4 weeks of vacation is a nice thing.
It really just boils down to the kind of business you have.
Marius
Nov 30, 2004, 07:55 AM
how about be a professional... like an M.D.?
MFaust
Nov 30, 2004, 09:45 AM
Originally posted by Marius
how about be a professional... like an M.D.?
Being an M.D. is like having your own business. Whether it be your own private practice or with partners. There are some doctors that I know that do get paid a salary by working for corporate run hospitals.
I'd much rather be an M.D. w/ a private practice than an attorney with a private practice.
Krakista
Dec 4, 2004, 09:25 AM
Here's one more very good reason to be a businessman--our tax tables have not been revised in the last 10 years or so to adjust and keep up with double whammy of devaluation of the peso and inflation. If you're an employee with a high salary, you may be better off providing professional services as an outside contractor rather than a permanent employee unless your company takes in your living expenses.
zimdude
Dec 6, 2004, 03:22 PM
ako mayaman? i wish! i'm not a scion either.. my parents are neither rich nor techies :)
marlo_kalbo
Dec 17, 2004, 09:03 PM
Businessman...
Kasi kahit paupo-upo ka lang
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Former business partner ko c Omeng and I still have a few businesses running (alam ni pareng romy)
But income-wise, efficiency-wise, not as good as network marketing...
I know not everyone can be successful in network marketing...
Pero sa group kasi namin, inaalalayan lahat ng members...
Kaya kahit bago ka palang pwede nang mag "start the ball rolling"
I know shameless plug... but this works so much better for me...
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The group will work for you... ;)
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-Marlo
trizfores
Dec 25, 2004, 06:27 PM
Businessman-- hands down
little sue
Dec 31, 2004, 04:07 AM
definitely business!
right after i graduated from college naging corporate slave agad ako, straight 4.5 years. ive been to different companies and it seems taht iam enjoying my work naman. on the later part, feeling ko may kulang, ndi na ako satisfied sa system ng mga companies, ndi ako satisfied sa mga performance ng mga immediate officers ko, thats why i decided to go to school again and take a post grad course an later on tried to penetrate a corporate life... ayoko na pala talaga, in 4 months bumigay na agad ako. nag resigned ulet ako
my friends told me na sa ugali kong yun, ndi talaga sakin bagay maging employee that's why i thought of trying out in putting up a biz. i started with a small computer shop, it turns out well naman 1 year & 2 months od na shop ko. and now with the help of my friends network, i am venturing with the fashion accessory biz.... by now i think eto na talaga yung fate ko. maging entreprenur at hindi maging isang corporate slave. at pinangako ko talaga sa sarili ko na gagawin ko lahat wag lang ako ulet bumalik sa mga companies at magtrabaho ulet
waaa ayoko na maging slave ulet :D
ichi
Dec 31, 2004, 10:58 AM
in my case, id prefer both, having someone manage your own business and at the same time keeping a low profile being an employee.
trizfores
Dec 31, 2004, 08:47 PM
Originally posted by ichi
in my case, id prefer both, having someone manage your own business and at the same time keeping a low profile being an employee.
true. id like to be both and see what else the world has to offer me. i think that it is fun trying new things. :)
paulgilbert80
Jan 1, 2005, 10:21 PM
engr. ako pero sa business me na punta. nakapagwork na rin ako pero na bored. maliit ang sahod tagal ng asenso.siguro d lang talga ako sanay maging empleyado kaya ganun
mickeyREN
Jan 4, 2005, 02:53 PM
i like being an employee kasi you have no worries, isa lang problema mo. secured, nothing else to think about. pag business kasi, hirap siya especially if you're just starting out. saka laki ng risk paano pag hindi kumita sayang lahat ng pinaghirapan ninyo before nakakahinayang. well i guess if you're very bright running your own biz is not much of a problem.
SILENTMAX
Jan 4, 2005, 08:22 PM
Originally posted by mickeyREN
i like being an employee kasi you have no worries, isa lang problema mo. secured, nothing else to think about. pag business kasi, hirap siya especially if you're just starting out. saka laki ng risk paano pag hindi kumita sayang lahat ng pinaghirapan ninyo before nakakahinayang. well i guess if you're very bright running your own biz is not much of a problem.
on some points you are right
on some days i wish i was on the other side of the green grass
mertzvox
Jan 4, 2005, 11:13 PM
"nakigamit lang ako kay paulgilbert"it doesn't matter if you're intelligent. Hindi nyo ba na observed, kung *** matalino sa classe *** ang mga trabahante. Kung *** **** *** mga tamang hindi paaral sa school,sila *** marurunong.<hindi kasama *** mga walang pag asa talaga kia halos gumapang para makapag apply> Kce *** mga matatalino 'kuno" sa schOOl, pinapairal nila *** mga academic recOrds nila unlike *** mga low profile, *** pa *** mas developed. Coz they know how to make money without or na hindi namamasukan sa mga cOmpany na halos magmakaawa at magpa impress sa employer nila para matanggap.. <yes sir, i'll follow ur order!, sir, u look gOOd today etc. :)) SLAVE ANG p*ts@!
Nadedevelop sa sarili kung pano move ggawin mo sa negOsyo.hindi sa talino yan or high grades mo sa schOOl.
One thing lang,magkaiba ang negosyante saka entrepreneur!
tennisace
Jan 8, 2005, 03:14 AM
Originally posted by MFaust
Being an M.D. is like having your own business. Whether it be your own private practice or with partners. There are some doctors that I know that do get paid a salary by working for corporate run hospitals.
I'd much rather be an M.D. w/ a private practice than an attorney with a private practice.
Senator and VP candidate John Edwards, who happens to be a pitbull attorney, made his millions by suing medical practitioners. Because of attorneys like him, medical malpractice insurance is so sky-high that jumbo jets need a special radar to avoid flying into it. It's not fun to have a private medical practice when half your income goes into paying for insurance. It is fun, however, to be an attorney beating up on doctors for malpractice, with or without grounds, and sucking up 33% of insurance settlements.
tennisace
Jan 8, 2005, 03:20 AM
Originally posted by mickeyREN
i like being an employee kasi you have no worries, isa lang problema mo. secured, nothing else to think about. pag business kasi, hirap siya especially if you're just starting out. saka laki ng risk paano pag hindi kumita sayang lahat ng pinaghirapan ninyo before nakakahinayang. well i guess if you're very bright running your own biz is not much of a problem.
Many desire to be a businessperson, but only a select few will have the audacity and gall to acquire and maintain the proper mindset to be one.
wey_nard
Jan 9, 2005, 01:58 PM
Originally posted by mertzvox
"nakigamit lang ako kay paulgilbert"it doesn't matter if you're intelligent. Hindi nyo ba na observed, kung *** matalino sa classe *** ang mga trabahante. Kung *** **** *** mga tamang hindi paaral sa school,sila *** marurunong.<hindi kasama *** mga walang pag asa talaga kia halos gumapang para makapag apply> Kce *** mga matatalino 'kuno" sa schOOl, pinapairal nila *** mga academic recOrds nila unlike *** mga low profile, *** pa *** mas developed. Coz they know how to make money without or na hindi namamasukan sa mga cOmpany na halos magmakaawa at magpa impress sa employer nila para matanggap.. <yes sir, i'll follow ur order!, sir, u look gOOd today etc. :)) SLAVE ANG p*ts@!
Nadedevelop sa sarili kung pano move ggawin mo sa negOsyo.hindi sa talino yan or high grades mo sa schOOl.
One thing lang,magkaiba ang negosyante saka entrepreneur!
thumbs up! :cool:
wey_nard
Jan 9, 2005, 02:00 PM
Originally posted by mertzvox
"nakigamit lang ako kay paulgilbert"it doesn't matter if you're intelligent. Hindi nyo ba na observed, kung *** matalino sa classe *** ang mga trabahante. Kung *** **** *** mga tamang hindi paaral sa school,sila *** marurunong.<hindi kasama *** mga walang pag asa talaga kia halos gumapang para makapag apply> Kce *** mga matatalino 'kuno" sa schOOl, pinapairal nila *** mga academic recOrds nila unlike *** mga low profile, *** pa *** mas developed. Coz they know how to make money without or na hindi namamasukan sa mga cOmpany na halos magmakaawa at magpa impress sa employer nila para matanggap.. <yes sir, i'll follow ur order!, sir, u look gOOd today etc. :)) SLAVE ANG p*ts@!
Nadedevelop sa sarili kung pano move ggawin mo sa negOsyo.hindi sa talino yan or high grades mo sa schOOl.
One thing lang,magkaiba ang negosyante saka entrepreneur!
2 thumbs up! :cool:
omeng
Jan 10, 2005, 12:54 PM
Originally posted by mickeyREN
i like being an employee kasi you have no worries, isa lang problema mo. secured, nothing else to think about. pag business kasi, hirap siya especially if you're just starting out. saka laki ng risk paano pag hindi kumita sayang lahat ng pinaghirapan ninyo before nakakahinayang. well i guess if you're very bright running your own biz is not much of a problem.
most employee thinks this way.. but the fact is.. it's the other way around.
when you are employed.. you're not in control.. but your boss. therefore, you have to worry for you don't know what exactly is waiting for you. you will get fired.. when you're not doing the policies of the company you're working. etc.. etc..
but when you have your own business.. you have this power to generate as much as you desire. in short, you're in control what will happen to you. what you desire will be easy to achieve. you can come to your office at what time you want.. as one of the forumer here said.. "it's good to be a king!"
"risk" is what most people dont want to do. "pano kung malugi?" "paano kung hindi kumita?" "paano kung magka-tsunami"? --
wait, something came up..
got to go.. =)
omeng
Jan 11, 2005, 03:58 PM
he he.. forgot what i have to say.. =)
marlo_kalbo
Jan 11, 2005, 10:00 PM
Risk comes with business....
Remember Thomas Jefferson??
-Marlo
sizzling
Jan 12, 2005, 03:07 AM
Thomas Jefferson, former US President? Was he a businessman as well?
... or was that an inside joke between you and omeng? :)
melquiades
Jan 6, 2006, 03:23 AM
businessman
Blue Zoo
Jan 6, 2006, 07:24 PM
"nakigamit lang ako kay paulgilbert"it doesn't matter if you're intelligent. Hindi nyo ba na observed, kung *** matalino sa classe *** ang mga trabahante. Kung *** **** *** mga tamang hindi paaral sa school,sila *** marurunong.<hindi kasama *** mga walang pag asa talaga kia halos gumapang para makapag apply> Kce *** mga matatalino 'kuno" sa schOOl, pinapairal nila *** mga academic recOrds nila unlike *** mga low profile, *** pa *** mas developed. Coz they know how to make money without or na hindi namamasukan sa mga cOmpany na halos magmakaawa at magpa impress sa employer nila para matanggap.. <yes sir, i'll follow ur order!, sir, u look gOOd today etc. :)) SLAVE ANG p*ts@!
Nadedevelop sa sarili kung pano move ggawin mo sa negOsyo.hindi sa talino yan or high grades mo sa schOOl.
One thing lang,magkaiba ang negosyante saka entrepreneur!
The problem when trying to answer the question of business vs employee is that most people mention the successful businesses and not the "average". To see why it is better to be an employee means that you need to look at, not the best case scenario, but the worst case.
Most businesses fail, even more businesses do not even get off the ground. For one person with a successful business to say that business is better is entirely self-serving and not taking into consideration the reality of most people.
Of course it is ideal to have your own business! Just how brilliant do you need to be to figure out that, if you're doing great as an employee, your boss has it better?
However, if the reality is that you are not one of the few few people with the capacity to run a successful enterprise for your entire life, you should just remain an employee and be diligent in your work. You'll do fine for yourself and your family instead of putting them in extreme risk when you try and put up a business and then it just fails, leaving you all in debt.
GOwin
Jan 6, 2006, 10:10 PM
The "average" businessman is definitely better compensated than the "average" employee.
Everyone can be a businessman (or an entrepreneur) - as long as you're ready and willing to pay for the price. Anyone can become one but not everyone chooses to be one.
Time (or was it newsweek) cover story for this week (or was it last week's) is about Ambition - what separates the succesful person from the average joe (or jane)
tennisace
Jan 7, 2006, 06:08 AM
I think the business vs. employee issue is like comparing apples to oranges. By default, we all have been groomed to be followers since birth. We get told what to do or say and what not to do or say, there are rules we have to adhere to, and as we progress through school, we are basically taught how to be good candidates for employment.
On rare occasions, a maverick breaks away to become a leader of the pack. Many of the successful business owners/founders of our time are either school dropouts or started out on a shoestring. What these people have in common is an eye for discerning opportunities out of seemingly nothing and the fortitude to follow through with decisive action. Very few are willing to acquire the aptitude for business; it often demands and commands qualities that are beyond our perceived capabilities. Human nature dictates that we follow the rules of gravity; we take the path of least resistance. Becoming an employee is the easy button. Just show up at the workplace and collect your pay. You exchange your time for their money. Every now and then you get involved in office politics to make yourself look good hoping that it would lead to an increase in pay. It’s a relief to let someone else worry about the state of the business.
Being in business, however difficult and demanding as it may be, can be more rewarding in many respects, not just financially. I would hesitate to use the blanket statement that “most businesses fail” and that “even more businesses fail to even get off the ground”. In one of those MLM threads, I had issued a rebuttal about this notion and supported it with statistical data. I won’t do it here. Most businesses that fail do so because of a lack or absence of comprehensive market data analysis and a deficient business plan, capital notwithstanding. Building a business into a profitable livelihood is a gradual progression. Phil Knight, for instance, began the Nike shoe empire by selling running shoes out of the trunk of his car. Phil had a great idea about what a running shoe should be, and he sold the idea quite well.
No one should be afraid of failures. In fact, we should welcome them. It’s nothing but an opportunity to learn, a chance to show what we’re really made of. Many a road to success is littered with failure and hardship, but the rewards are none the sweeter. Diamonds are born under intense heat and pressure. Those who are afraid of failures are better off getting a job.
Would you rather be a slave to the Bundy clock, or would you rather own it? It’s your decision to make and your action to take.
GOwin
Jan 7, 2006, 11:48 AM
If you want to see those people who took the risk of taking a different path, check out this thread (http://pinoyexchange.com/forums/showthread.php?t=110165)
tidus1203
Jan 7, 2006, 12:17 PM
Of course I want to command my time and work, ALL THE WAY FOR ENTREPRENEURSHIP!!
pro_tempore
Jan 7, 2006, 12:59 PM
at first i wanted to be good enough to be recognized for my professional output - masaya akong maka-contribute sa ikabubuti ng isang kumpanya, lalo na kung charity o NGO. it makes me happy to put my god-given talent to good use. if a person who ranks higher than myself is focused, honest and worthy of respect, i don't hesitate to address this person as my superior.
but since i started working, a lot of avenues have opened up for me. i still want to be "one of the best," but it seems a shame to let certain investment opportunities side. also, the majority of business owners and managers i've had to deal with were more exploitative than not. i bet a lot of the people in this forum who look down on employees are exploitative themselves.
some of my ventures have done well, and i'm saving up to start my own business now. but one thing's for sure: when i'm finally an entrepreneur, i won't look down on employees. i will forever value the drive to provide good service. i may have to weed out bad eggs among my own employees of course, but no matter what, i won't consider myself superior to the people who are working for me.
my business may fail or succeed, but the continuing drive to be "one of the best" is what will sustain me always.
knightrader
Jan 7, 2006, 05:14 PM
I agree with tennisace that the issue is like comparing apples from oranges. To be in business or to be an employee are neither better or worse than the other. They are simply different. Their advantages and benefits depends on the person. Obviously we can't all be business owners. Some people just don't have the inclination to be one. But let's put that in perspective- even a CEO with enormous freedom in decision-making is an employee too! There is nothing wrong with being an employee as pro-tempore pointed out. Employees like him are rare who find satisfaction in doing a great job!
My own personal leaning is freedom to make major decisions. If you have the ability, a wise employer should delegate important decision making capability to you. But some bosses maybe a bit inexperienced or too vain or a control freak to delegate. And then there are the superbosses who give you the freedom to learn, to succeed and enough rope to hang yourself! he-he Still, even when I was an employee, I never thought of me working for the company- I was working for myself within the company. he-he That's a very different point of view. It is only after my new found philosophies and religious leanings became contrary to company policies that I decided to go on my own. It is a decision, in retrospect, that I should have done a long time ago. :)
snop
Jan 10, 2006, 08:28 AM
I agree with tennisace that the issue is like comparing apples from oranges. To be in business or to be an employee are neither better or worse than the other. They are simply different. Their advantages and benefits depends on the person. Obviously we can't all be business owners. Some people just don't have the inclination to be one. But let's put that in perspective- even a CEO with enormous freedom in decision-making is an employee too! There is nothing wrong with being an employee as pro-tempore pointed out. Employees like him are rare who find satisfaction in doing a great job!
My own personal leaning is freedom to make major decisions. If you have the ability, a wise employer should delegate important decision making capability to you. But some bosses maybe a bit inexperienced or too vain or a control freak to delegate. And then there are the superbosses who give you the freedom to learn, to succeed and enough rope to hang yourself! he-he Still, even when I was an employee, I never thought of me working for the company- I was working for myself within the company. he-he That's a very different point of view. It is only after my new found philosophies and religious leanings became contrary to company policies that I decided to go on my own. It is a decision, in retrospect, that I should have done a long time ago. :)
Well said, fearless leaders: TA and KT!
In our own small family business, wifey and I are both employees and owners at the same time. "To be a good leader, one has to be a good follower," conventional wisdom sez.
Wifey is the president of our tiny corp. She assigned me a job title as the CEO - Cannot Execute Orders - that is.
:love: :love:
Markus
Jan 10, 2006, 10:45 PM
Depends on where you are right now. If you are an executive with a fat paycheck, going into business means a lot of risk. It would be very hard to earn what you maybe earning right now.
If you are a rank and file and don't see anyway on how to dramatically increase your income, then by all means take the risk.
tennisace
Jan 11, 2006, 04:07 AM
Depends on where you are right now. If you are an executive with a fat paycheck, going into business means a lot of risk. It would be very hard to earn what you maybe earning right now.
If you are a rank and file and don't see anyway on how to dramatically increase your income, then by all means take the risk.
I disagree.
A rank and file employee is more likely than not to have, at best, very limited resources and a constrained budget to boot. Embarking on a venture to dramatically increase one’s income under these circumstances would be extremely difficult, if not impossible perhaps even suicidal. This is not to say that it can’t be done; it just requires more from the person.
An executive with a fat paycheck would be in a better position to take the risk. The capital is there, the contacts are there, and the resources required are at hand, if only because of the position itself. People with this financial capacity usually go into some sort of income-producing activity not only for wealth preservation and protection but also for tax reduction strategies.
The risk of going into business is the same for everyone. It is not dependent upon one’s position as an employee. It has more to do with one’s preparedness, business plan and contingencies.
rambo9367
Dec 17, 2006, 01:10 AM
employee mas maganda. malaki sweldo ko eh. bka kayo mga janitor o clerk lang. I suggest mag-employee ang mga may-utak. Ang mga nagbubusiness ay mga bobo. Hindi sila makahanap ng trabaho!
myogi
Dec 18, 2006, 03:55 AM
Kung employee ka and malaki nga sweldo mo,hanggang diyan ka lang. at least kapag nag business ka, even small scale lang, may chance kang lumaki through hard work and luck! tignan mo *** dating shoe shiner lang, owner na ng mga super malls. hehe Be an entrpreneur! maski anong gimik huag mo lang piliin *** sayang sa oras at pagod mo!
rabbaddal
Dec 19, 2006, 04:16 AM
It’s fair to say that being an employee mitigates financial risk. But it’s not so much a “leader vs. follower” issue; there are many opportunities to be a leader while working for a company. The managing director for investment banking in ING Philippines, for example, led some of the Philippines’ most interesting and complex business transactions such as the privatization of PNB and the financial rehabilitation of Maynilad. On the other hand, being an entrepreneur doesn’t guarantee unabated freedom especially once the business grows and you start having more constituents like creditors and outside investors sticking their noses into your business.
The more important issue is whether the person wants to excel in what he or she wants to do, or simply be average. It doesn’t matter whether the endeavor is about working for a company or running one’s own business. Most people simply want to be average, and working for a company provides greater opportunity to remain average until they can collect retirement benefits. But leadership is open to employees who are motivated and who know how to strategize their career advancement. Average people don’t make it to SVP, partner or managing director.
omeng
Dec 19, 2006, 09:00 AM
But why most successful employees, after their retirement wanted to do business of their own? Putting up a small firm, consultation, blah blah blah etc etc. If this is mostly the case, why not start at early age, right?
I have a mate, he was employed as an officer in a multi corp pharmaceutical company for about 15 years. Last year, he decided to put up his own business, of course, related to medical stuff also and the bragging part was...
"yung kinikita ko habang nagtatrabaho ako sa kumpangyang iyon ng isang buwan, ay isang araw ko lang dito sa business ko. Sana nuon ko pa ginawa."
So at the end of the day, most of us, will want to have our own business later. So kailan mo sisimulan kapag takip silim na na iyong buhay?
myogi
Dec 19, 2006, 12:24 PM
That is so true and it is typical for a retired employee to start their own business. I know someone who worked for a shampoo and toothpaste company for quite some time and now he's one of the biggest distributor in the northern luzon
wholewheat
Dec 19, 2006, 12:34 PM
The notion of not working for anyone by being self-employed is a myth.In the business world we are always in the process of satisfying somebody be it our employer or the costumer.One advantage of being an employee is that if the company you are working for now go bust you just submit you resume to another one. If you are the owner of a bankrupt company you loss face in addition to your livelihood.
rabbaddal
Dec 19, 2006, 12:41 PM
But why most successful employees, after their retirement wanted to do business of their own? Putting up a small firm, consultation, blah blah blah etc etc. If this is mostly the case, why not start at early age, right?
I have a mate, he was employed as an officer in a multi corp pharmaceutical company for about 15 years. Last year, he decided to put up his own business, of course, related to medical stuff also and the bragging part was...
"yung kinikita ko habang nagtatrabaho ako sa kumpangyang iyon ng isang buwan, ay isang araw ko lang dito sa business ko. Sana nuon ko pa ginawa."
So at the end of the day, most of us, will want to have our own business later. So kailan mo sisimulan kapag takip silim na na iyong buhay?
I wasn’t talking about making more money. My point had to do with how somebody can be a successful leader even when working for an organization. Take a look at those development field consultants from international orgs working to solve problems in the poorest countries; they make good money, but not as much as what financially prosperous managers and entrepreneurs in the private sector make. Yet they demonstrate outstanding leadership skills everyday in projects such as setting up and running cooperatives in the middle of war zones or protecting donor-funded infrastructure projects from being pilfered by corrupt local politicians.
But going to your post, “most successful employees” is a very loose term because different employees succeed in different ways and for different reasons, depending on how a person defines “successful employee”. I don’t know the whole story about the people you mentioned; there are many variables that could have affected their decisions, preferences and outcomes.
I do know that certain types of financially successful people can make a lot more money while and because of working for companies. Either they retire rich or they go on to something more lucrative that competes with or compliments their former employers. If they retire rich, OK lang. Few people who started with them have come as far as they have. But if they start a new venture, they still lean on their money, knowledge, credibility and networks that they developed from their previous careers. Ceasar Consing, for example, was a regional chairman at JP Morgan investment banking before becoming a partner at the Rohatyn Group, a merchant bank. There are many ways to it for people who are motivated to excel.
omeng
Dec 19, 2006, 03:42 PM
Actually, it's not just about the money thing. That is only one part. More time to your kids, to their wives, eheste keridas pala, etc. Anyway, it's no use of comparing the two for me. I am only pointing out that at a certain evel or age, most employed person, successful or not, janitor or CEO will want to have their own business. Most are just afraid, already comfortable with their paycheck, etc etc. They want something more but just afraid of making sacrifice.
That's all. Thank you. :D
DisconnectedMX
Dec 19, 2006, 06:21 PM
Business, of course.
rabbaddal
Dec 19, 2006, 09:11 PM
I am only pointing out that at a certain evel or age, most employed person, successful or not, janitor or CEO will want to have their own business. Most are just afraid, already comfortable with their paycheck, etc etc. They want something more but just afraid of making sacrifice.
That's all. Thank you. :D
It’s not always the case that they wanted to be entrepreneurs instead of employees all the way. For average people, maybe; most employees are really average and don’t want to / cannot put in what it takes to excel and get ahead in their jobs. Sa job selection pa lang, sumasabit na sila. But I don’t think I can say the same for the successful people that I’ve come across. And even some of the successful people who do start something of their own (ie, joining a partnership, starting their own firm that competes with / compliments their former employer) could have done it mainly after the experience garnered from their careers, like what former Morgan Stanley and Lazard bankers Dennis Mendiola and Vince Perez did when they set up their merchant bank Next Century Partners. If they are confident that they can succeed in their careers first, then understandably they won’t go another way.
Jeffreyw
Dec 21, 2006, 01:31 AM
It's great to be an employee and businessman at the same time. You're earning double. It's feels good to be around with other employees. Relationships man, not necessarily romantic. :D
danicalstix
Dec 27, 2006, 01:50 AM
i experienced being an employee and didn't really like it...so i decided to be a businesswoman..an entrepreneur.. because i want to work on my own, on my own time, do stuff my way.. i enjoy doing what i like..no tight schedules, not too much stress.. the pressure is there but its not like you have biometrics in your house. :) i like to serve others and do something which i enjoy doing..not because you're required to do it..so i am currently my own boss and loving it :)
business_guy
Dec 31, 2006, 01:44 PM
of course, being a businessman is better, and is my choice. at least, you're the boss of yourself. you can adjust schedules as you want, but of course, before you want to become a businessman, dapat may capital ka muna. So for the starters, who did not came from a wealthy family, mag employee ka muna, then, pag nakaipon at puwede na pag start ng business, then start. or kung maabilidad ka, kahit walang capital, pero gusto mo maging businessman agad, then go and try. there's nothing wrong about it....
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