magnegosyo o maging empleyado

[mos_pqm]

ang thread na ito ay para sa mga success oriented na tao.pls share your ideas

[GF2bluz]

That's pretty open ended.

Contrary to what think rich get rich people would want to say, not everyone is meant to go into business.

If you are risk averse stick to being an employee. The so-called benefits of being a business owner come at a cost as well.

[allitems10pesos]

http://allitems10pesos.multiply.com/

[Ringgold]

It depends on the person's personal view in life. If one does believe that engaging into business is for him then there's no problem in that. Someone people, otherwise, are already happy being an employee or practicing their profession, e.g. doctor, professor, engineer.

[GF2bluz]

allitems10pesos, go forth and multiply by yourself.

There is nothing wrong with being an employee. Your choices in life are normally dictated by your risk appetite. As it is not for everyone to be an employee it is also not everyone's fate to be a business owner.

[DigitalPiggyBank]

I agree. I know someone who really enjoys suiting up and going to the office. He did experience the life of a businessman. He once owned a restaurant in London for a year, I think. But he still felt more "free" with a 40-hr workweek, saying that after his day's work is done, he doesn't have to think of anything else.

It all depends on the person.

[haripoter]

gawin mo both... hehe

[GF2bluz]

You can't serve two masters. If you want to succeed in your business, you will need to focus your time and energy into it.

[urbanencounter]

You can't serve two masters. If you want to succeed in your business, you will need to focus your time and energy into it.

This is very true,ganito scenario ko ngayon. Im working in a company and at the same time running my business kaya pag my urgent delivery or order sa business yung pagiging employee ang apektado.

[manny ace]

^Like GF2 said, you can't serve two masters.

It is either, you resign or focus full-time on your business (sideline). Besides, if you really want to succeed in business, you need to do it full-time. So I think you need to balance things out, to where you are earning more.

It is a bit unfair for employees to render their payed time on personal businesses. The reason why you are hired in the first place is that you "need" a full-time, regular job. That being said, if you need to do your sideline, i think it is best to do it after office hours... because your employers are business minded as well, and they are paying you to do your job. You'd feel the same if one of your employees is using company time and resources for their sidelines (business) and in the process, let your business get affected by it as well.

Also, the consequences of doing sidelines when you have a regular job-- tardiness + absenteeism = you get fired. Hence, If you don't earn from your job, you can't fund to continue your sideline.

In business, time is money.

[JazonEsti]

I know many people who are full time employees and have part time businesses. I don't see any reason why it shouldn't be done, so long as you fulfill what is expected of you on both ends.

Eventually, however, one must be faced with the decision of leaving behind one in favor of the other. I think being an employee first then establishing a business on the side for extra income and then resigning from work in time is a good idea so long as you already have a full grasp of business.

One thing people seem to forget that your position as an employee is irreplaceable (as in, if you are absent a long while you get fired), while your business you can have someone else replace yourself. I have three businesses, and I spend much of my time between just two (training and health products biz), the other one I leave in capable hands (maternity clinic). And now I am starting on a fourth endeavor which is online writing.

The key is leverage. I leverage on other people's experience and expertise. My team provide me with the skills I don't have and I contribute my own. Thus far, we have a TV Show (nearing its first year already), corporate training (I get royalties whenever my training module is used, and I direct its marketing efforts)and public events (we are partnered with Entrep Summit event).

You could, for example, be an employee and start a business then hire your own people or find business partners.

So in summary, you can be an employee and business person. Just learn how to manage your time well and take advantage of leverage.

[GF2bluz]

The nature of your "side" business determines the commitment required of you. The point is, however, it really becomes a matter of quality in the delivery of your work.

[bobbypins]

I've been a full-time entrepreneur for a year now, but before that I was a high school English teacher. Over-all, I am better-off and happier with my business, but there are days when I still miss my job. There is nothing like teaching kids and having them look up to you. I also miss having colleagues to have lunch with, and can you believe: I miss having a fixed schedule, and people telling me what to do. One day, I plan to go back to teaching, just for the joy of it.

Being in business is hard and easy at the same time. It's difficult in the beginning, when you're not sure if you can earn the same amount of money as you were earning when you were employed. It is the uncertainty of the first few weeks / months and the instability of income that make most want to quit and look for a job.

Thankfully, I had solid motivation for wanting to start a business. I wanted more time to spend with my loved ones--and I wanted this so badly I stubbornly forced myself and my business to succeed. The fear of running out of capital also drove me to work faster for success (I only had enough capital to support the business for a month and a half). Because of this, we were already profitable by our 2nd month of operations.

It's been a year now, and I can say it gets easier. After our success that 2nd month-- we learned from our success and just kept on repeating it and making it better. I am no longer scared of not making enough money every month. I also know that regardless of whether or not this business succeeds, I will be in business one way or another. It is fun and rewarding to see your services being patronized by loyal customers. It helps that you make good money in the process.

[PinoySaKSA]

why not teach part-time? most private colleges/universities hire part-time teachers/profs. maybe 9-15 hours/week of teaching will make you feel fulfilled in both fields..

I've been a full-time entrepreneur for a year now, but before that I was a high school English teacher. Over-all, I am better-off and happier with my business, but there are days when I still miss my job. There is nothing like teaching kids and having them look up to you. I also miss having colleagues to have lunch with, and can you believe: I miss having a fixed schedule, and people telling me what to do. One day, I plan to go back to teaching, just for the joy of it.

Being in business is hard and easy at the same time. It's difficult in the beginning, when you're not sure if you can earn the same amount of money as you were earning when you were employed. It is the uncertainty of the first few weeks / months and the instability of income that make most want to quit and look for a job.

Thankfully, I had solid motivation for wanting to start a business. I wanted more time to spend with my loved ones--and I wanted this so badly I stubbornly forced myself and my business to succeed. The fear of running out of capital also drove me to work faster for success (I only had enough capital to support the business for a month and a half). Because of this, we were already profitable by our 2nd month of operations.

It's been a year now, and I can say it gets easier. After our success that 2nd month-- we learned from our success and just kept on repeating it and making it better. I am no longer scared of not making enough money every month. I also know that regardless of whether or not this business succeeds, I will be in business one way or another. It is fun and rewarding to see your services being patronized by loyal customers. It helps that you make good money in the process.

[GF2bluz]

That's the same question I ask myself, why not study part time?

Its not that easy.

[manny ace]

My father keep telling me, that you shouldn't spread yourself too thin.

[archer_dude13]

That's the same question I ask myself, why not study part time?

Its not that easy.

But it can be DONE.

It all depends on the individual on how he can effectively manage his time in order to be productive at both endevours.

[mos_pqm]

You can't serve two masters. If you want to succeed in your business, you will need to focus your time and energy into it.

thank you GF2bluz for your opinion!!

[mos_pqm]

I agree. I know someone who really enjoys suiting up and going to the office. He did experience the life of a businessman. He once owned a restaurant in London for a year, I think. But he still felt more "free" with a 40-hr workweek, saying that after his day's work is done, he doesn't have to think of anything else.

It all depends on the person.

TY DigitalPiggyBank for your opinion!!

For me,a businessman should engage in the business which he/she likes most.. maybe the person you know dont like very much the restaurant business..

anyway,i think you are a person who enjoy earning large money because your name is PiggyBank!hehe I think you are a future millionaire!

[mos_pqm]

^Like GF2 said, you can't serve two masters.

It is either, you resign or focus full-time on your business (sideline). Besides, if you really want to succeed in business, you need to do it full-time. So I think you need to balance things out, to where you are earning more.

It is a bit unfair for employees to render their payed time on personal businesses. The reason why you are hired in the first place is that you "need" a full-time, regular job. That being said, if you need to do your sideline, i think it is best to do it after office hours... because your employers are business minded as well, and they are paying you to do your job. You'd feel the same if one of your employees is using company time and resources for their sidelines (business) and in the process, let your business get affected by it as well.

Also, the consequences of doing sidelines when you have a regular job-- tardiness + absenteeism = you get fired. Hence, If you don't earn from your job, you can't fund to continue your sideline.

In business, time is money.

Well said manny ace!!

I agree with "In business, time is money".
We need to focus on in everything that we do.
TY!!