own business or work for an employer?

Philippines
November 28, 2009 11:15pm CST
What do you prefer, to have a business of your own or to work as an employee to a established company? There are pros and cons for the two choices. Having a business of your own would mean raising your own money to establish your company, while if you are just an employee, the company is already set. You will just show up at work for eight hours a day, five days a week. A businessman will have the time of their own. If you are just an employee, you would only do a specific task while if you have your own business, you will be hand-on on everything. If you are a proprietor, your profits will depend on your sales of products and services, while if you are an employee, you'll get a salary every fifteen days or whatever terms do you have with the company. But if you have your own business, a large sales would be great because it will be all yours, unlike if you are an employee, you'll only get a fixed salary. What do you prefer? Why?
2 responses
@becdmd (705)
• Philippines
1 Dec 09
In my profession...I prefer to have my own business (dental clinic) and I have one already..though as you said it has pros and cons...yeah it's true, but it's part of the business...I know that as a beginner I have to sacrifice first and be more passionate. My goal is to be established in my practice as a dentist and I know it will happen if I persevere. Being an employee though has a lot of advantage if one gets promoted but in my field of work being an employee could not really help me to be well established in my profession. happy myoltting!
1 person likes this
• Philippines
2 Dec 09
Where is your clinic located becdmd? If you are near ABS-CBN, I might get a schedule from you. Hehehe.
@becdmd (705)
• Philippines
2 Dec 09
hehe sorry but I'm from south... Happy mylotting!
1 person likes this
• Philippines
3 Dec 09
Are you from Mindanao? What province?
@jeiay41 (675)
• United States
29 Nov 09
Own a business for sure. And to be able to do that you need to have a plan from it. As of now im still working for an employer but sooner and hopefully i can manage to have my own business that can run on its own. My plan is to do nothing with my business and get the month every month. That's my plan all about.
1 person likes this
• Philippines
30 Nov 09
Hey jeiay41, can you give me a hint of your plan? And maybe can I join in your business.