Pros and Cons: Careership VS Entrepreneurship

Being an employee and being an entrepreneur have their own advantages and disadvantages.

Entrepreneurs are often portrayed as happy and free, risk takers that have the benefits of controlling their own time and income. In real life though, many entrepreneurs fail. They don’t have the guaranteed income and work available that an employee can enjoy. However, the diversification available to those that chase their dreams with new inventions and ideas can often lead to self-satisfaction and an abundance in confidence that will help across all areas of life.

The growth of the internet, social media marketing tools, remote working and even skype along with the advancements in broadband and WIFI technology are making international freelancing easier and easier.

The advantages and disadvantages available to both the entrepreneur and the employee:
 

Pros of being an Employee Cons of being an Employee

Guaranteed income
Leave benefits
Fixed working hours
Less responsibility
Job security

Dependency
Limited income
Limited development scope

Pros of being an Entrepreneur Cons of being an Entrepreneur
Growth
Fulfill goals and aspirations as an individual
Independence
Flexible working hours
The ability to earn
Change and exploration
Stress
Investment
Long working hours
Financial instability
Risk

 
After weighing these pros and cons, you will know what suits your lifestyle. If you have an idea, gather 6 of the smartest individuals you know, run it past them.

Earn double your salary before considering leaving a secure career.