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 |
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.
