Be a Business Owner Instead of an Employee
I remember a relative telling me that the way to a good life was to get an education, find a good job with benefits and pension, work hard and retire secure. It worked for him…a long time ago…and he was sure it would work for me, too.
Another relative owned his own business but still believed I would be more secure and less stressed if I worked for someone else who did the worrying so I could be comfortable as a worry free employee who got to retire on a pension from my employer.
After all entrepreneurship is very hard work.
I think they are both wrong.
There are a lot of reasons.
Probably the most compelling reason is that few jobs last a whole career these days.
I know one older man who recently lost his job for the fifth (5th!) time when the bank that employed him was bought by another bank. He not only had to tell 30 people they lost their jobs, he lost his own, too.
Talk about stress. That’s stress!
Following the advice of an influential person in my life I decided to get a degree and go to work for the welfare. I wanted to help people. My job would have benefits and a pension so I would be worry free and secure, right?
Well, guess what?
I worked regularly with people who were mentally disturbed, people who were armed, people who were high, people who were very ill and people who were desperate.
I hated staring down the wrong end of a gun which I did more than once. I was frequently grateful to get home alive. I was often ill from seeing so many sick people, and, worst of all, I was exposed to tuberculosis.
Oh yeah. Great job. SOOOO secure.
Then there are the people who work at jobs in corporations.
A good education in management, engineering, or finance can get you one.
Then you get to move a lot, work awful hours, travel more than you are at home, and get laid off just when your kids are old enough for college. And you thought there would be a pension. How silly and unrealistic.
Plus the constant moving and changing schools is bad for your kids’ mental health.
And then if you manage to stick it out and rise to upper management you have probably made a LOT of moral compromises, the biggest one being that you did a lot of lying for the good of the company.
“Oh, no. You won’t lose your job when the company is taken over. Everything will be fine.” Then after the holidays you send out the pink slips. I actually saw this one committed by a CEO who did the deed. I did not work for him…fortunately.
These types of stories…all true…make entrepreneurship look SOOO much less risky than you or I or anyone else thought…or will ever think.