When it comes to selecting between the two best things, most people will find it difficult to choose one. Therefore, when it comes to decide whether you are chalked out for a job or for a business then there are several things that you have to consider before taking the plunge. You have to go through the loopholes of both the opportunities and the brighter side of both to decide for a job or a business. It is not necessary that business is the worst option just because there is no guarantee of a fixed income and jobs, especially government jobs are good because come what may, you will be handed over the paycheck at the end of the month. There are several benefits and drawbacks as well; moreover, there is a famous saying which says that business is not for everybody. The same holds true for jobs as well because when you are working under someone and taking their orders it is not that easy to keep your calm even when you know that what your boss is saying is completely wrong.
Let’s dig in deep
When you are about to start a business, then the first thing that you will require apart from the business idea is the capital. Whether it is a small venture or a big one a minimum amount is very much required. Not everybody has the ability to get a bank loan or arrange that amount easily, so getting started with the business is a tough job. But if you take the example of job on the other hand then the first thing that you have to do is to prepare yourself for the interview and land up in the right place at the right time, perform well and get selected. There you are not required to invest anything financially but yes emotionally you go through a lot.
Once you set up a business, then the thing that you have to achieve is the break – even point as quickly as you can so that you start repaying the loan you have taken for your business. Once the break – even point is reached, then only you can think of earning some profit, which you will be able to invest in developing your business for the better. It is not always that you will be able to make profit within months of setting up the business so you have to be patient and work hard to achieve success in your business. Now if you look at the job prospect then you will start earning from the very first month, but then again, there are flip sides of the job as well. You will be stuck in the office for a fixed period of time, even when you don’t have anything to do and when you are starting up you are bound to make mistakes and for that your boss might shout at you too. You have to digest all these.
Whereas in your business, you are your own boss who will be making all the decision and whenever you want you can be free from your work. There is no fixed hour of work so in that you are flexible enough to work as per your choice and take day offs when you need without going through the whole process of applying for the leave.
But then you have to decide whether you would want to go for a fixed time office job or would love to take up challenges and enjoy a successful business on your name!