Friday 24 August 2012

Entrepreneurship Choice & Endurance

Robert Kiyosaki "Employment is a short term solution to a long term problem."

Starting a business is just like a 42KM Marathon. In order for an entrepreneur to succeed in business, they must master the art of ENDURANCE!



Photo Courtesy of telegraph.co.uk

So what made me decide to choose Entrepreneurship

Asset – I have come to learnt that building a business is the smartest thing i have ever done because am building an asset in which I can transfer to my family.
Ownership – When building a business, I own everything I build under my company. However, an employee can work hard in building something in which they can’t never own. The worst thing is that the job can’t be pass or transferred to the family or children, but in business one can do that.
Control – The economy at the moment in the world is not favourable. Every time i read the newspaper, I tend to see retrenchment or downsizing in corporation. An employee can get fired at any time. Today we have Merges and Acquisitions when another company buys another company. So you could be a great employee but the Company which buys your Company can fire you.


Productivity – In employment, you can work overtime many times and try to be productive and in doing so you try to convince people to pay you 10 times more. Whereas in Business your productivity always pays off.
Ideas – Entrepreneurs tend to get rewards from their businesses when they come up with ideas, but in employment the employees ideas are taken advantage by the corporation they work for and sometimes no one gets rewarded for it just a simple paycheck at the end of the month.
Skills – I have gained so much skills in business through interacting with many people. Whereas employment focuses on its employees doing one thing effectively.
Rewards – Last but not least, the journey in entrepreneurship leads to financial freedom whereas employment is based on pay check to pay check.

 In Entrepreneurship, you can have freedom to control your schedule on when to get to work, learning experience, doing what you love and passionate about, having fun while you are at it.

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