One of the most trending topics that people hardly decide. Is it better to choose a career over the business? Well, if you think about it, both have their own significance. It just depends on your financial and capability status. However, some people are saying that it depends on what kind of people are you and which really interests you.
While most people are suggesting having a business better than working, there are also people who are into earning money from being employed. But if you do not have some money to invest in a business the best choice for you is to get a job to save some money and start your business.
If you really can’t decide then, how about we try to list down the advantages and disadvantages of both options.
About the Job
As for the job, most people choose it because of job security. It does not only give a steady income but also comes with little to no financial risk whereas business involves much greater risk. And a work-life balance of 8-20 hours a day of working with two days of a week for family and friends bonding time.
About Business
While in business you have the freedom to choose whatever you want for your company. You are your own boss, you can play with your own rules without restrictions. There is no one who can stop you from making a decision. Just make sure every decision you make is good for your business.
Running a business has also a flexible schedule which means you can choose your own working place, time, outfit and whatever rules and regulations you may have. Aside from that, it gives you more profit that pays for your hard work without working for someone else.
Simple Comparison
- Risk
- Jobs has only minimal risk aside from Termination
- Businesses have a higher risk of which the owner had to bear with.
- Investment
- You don’t need to invest in a job. The only thing that you can invest is your dedication and hard work.
- You cannot start a business without investment.
- Profit
- You get a fixed salary of what you worked for as part of the profit.
- In business, you can get all of the profits just for yourself.
- Qualifications
- When you apply for a job you basically need to have many qualifications.
- When starting a business there are no qualifications needed.
- Motivation Factor
- In a job, promotions, bonuses, and rewards will be your motivation.
- In a business, you will be motivated by the goodwill, profit, success, brand, etc.
- Freedom
- A job has low freedom as there are so many bosses, rules and regulations to guide you when doing a job.
- While running a business, you can handle your own freedom and when to get a break.
- Working hours
- A job has its fixed working hours.
- While in business there is no limitation for working hours. It’s up to you to decide when to stop.
Remember that when it comes to choosing, there is no better or worse. It just has differences. Both jobs and businesses have advantages and disadvantages and hopefully, this may help you decide which is better for you.
In my opinion business is more better than job. Because business all depends on your mind creation. I know in the business finance does matter but it is also depend on your Courage thinking and attitude.
I do believe that do whatever you think your good at, Job is secured at first , sure pay every payday , business is uncertain for a wee while but if your good at that surely you’ll get more security . My thoughts .
Yes it is!
Starting up your own business can be time consuming and costly and you’re right, there are a lot more risks than if you get a job working for someone else. It can be highly profitable though and the flexibility you gain from being able to work for yourself can be really nice. Though, I like the security of consistent pay and health insurance which can kind of dicey when you are just starting your own business. Also taxes are a lot higher when you have your own business as opposed to working at a job for someone else.
100% Correct. I agree with you!
I’ve always believed that having a job was the best but it wasn’t until 2020 that I started to think that perhaps having a business would be more beneficial.
This was a useful comparison for me as I am in a point of transition now from job into business. I have to be honest in saying that some days, I think a job is just easier, but then I think about flexibility, and I am motivated to continue my business.
A job provides security yes, but it doesn’t guarantee your success. So better, use your job to earn and save some for future business and work it on the side.
I can see the benefits of both. I used to just want to work at job, but over the years that has changed to me wanting to start my own business.
In my opinion, having a job gives you less responsibility but limits you on opportunities, whereas when you have a business, your opportunities are unlimited. You just know and learn what to pick right and manage it the way that suits you, and yes got a huge responsibility.
I like the idea of choosing whatever I like. Do what I want and when I want.
A business is always better in my opinion but it requires patience and discipline.
Personally I feel one just has to really understand your strengths and abilities to face the pros a cons of either a job or a business. Like you rightly said, they both have their advantages and disadvantages, all you need to know is which will work better for you.
Pros and cons to both for sure. Just depends on what is right for you.
There are definite pros and cons to both. I’m so thankful that my husband and I run our own businesses.
I agree, no better or worse, but it depends on your personal preferences and perhaps your levels of enthusiasm and energy at that time of your life.
Indeed, you have to choose which one you are good it in order for you to be successful.
I also feel its your choice and acumen which should help you decide whether its a job or business.
A job can come with many benefits though and the business does not.
This was well written I enjoyed the read, thanks for your insight on this.
Great view! I have a job and a business and totally agree!!
This for me is the age old debate! which is better I can not decide!
haha!
Such a great question to pose! I think they both definitely have their pros and cons – like you mentioned, there’s no wrong answer. 😀
Good points you have opted. I believe job comes with little to no financial risk whereas business involves a much greater risk. In times of financial crisis in business, one can also end up losing their personal assets whereas the one with a job can always enjoy the satisfaction of going home and live on its savings for time being.
Great information. It is definitely a hard choice to make. With no wrong or rights. It is definitely about doing what is best for you and your family