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Author Topic: Earning salary or owning a business which is better  (Read 2005 times)
Zoomic
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August 25, 2025, 07:23:24 PM
 #101

If we have experienced having a business and then working for an establishment, we are going to understand the difference more better and know what we want, things are not the same as we also have different experience from what we do, it is more better for us to go for what we want, so that we can do our job conveniently and more better with a rest of mind and not be limited to what we can earn.
In the same way, it is not out of place for someone who wants to do business but does not have a capital to work and earn for certain time, save up and start their business. In both, what is important is time.
Some people have all the time in the world to do business but does not have business ideas or do not have start up capital. While some have money (capital) but does not have the idea. Someone can even have both capital and idea but do not have the time to run the business. Sone other people will work and have others run their business.

So, it all depends on what works for the person, the type of environment the fellow belongs and the willingness to take the risk.

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August 25, 2025, 07:52:09 PM
 #102

There is no reason for the comparison because owning a business gives you the freedom and liberty of what ever that you wants to do especially financial freedom which is key in life if one is to make significant progress rather than working people should invest their time and resources in building a business model that will be sustainable for them because that will guarantee them financial control because the best salary do is to sustain and put food on your table salary will not protect you tomorrow.
The day when people in our society succeed to learn the difference between a job and a personal business then i think the society will convert job into the society of businesses because develop a business is like you are developing the financial freedom for your children and their children's and so on. job is something in which the chances of your growth are very low as you are under some one you are doing work on demands of someone and the important thing is you are getting the stipends on someone other's will.  job can never provide you the opportunity to chase the Financial freedom. I think that being a jobian is a major reason to vanish the thoughts of being able to grow faster. But a business gives you the confidence the skills to introduce you as the well part of the society. it's the responsibility of the institutions that they must provoke business minds rather than jobs.

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August 25, 2025, 07:59:43 PM
 #103

Owning a business beats wage slaving all day every day. When you own a business you understand the core dynamics of economics and finance better than most employees out there and that's a big advantage. It is because it makes you financially smarter and you'll be making smarter investments because of that. It will also make you a better business owner. It is all connected and you'll notice that if you ever start your own business. Working for a salary makes a person dull. Not all of them are financially illiterate but let's accept it, most salary workers are. They'll still get paid though. The employer doesn't care if his employees don't understand anything about the markets. When the employer becomes financially dumb, he will end up losing his business. That's the big difference. Employers always need to stay sharp financially unlike employees.

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August 25, 2025, 09:05:39 PM
 #104

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Respectfully, people remain stagnant because they keep on waiting to have enough capital. Do not discontinue the job but get a skills-based side biz up & running now like earning fiat, stacking sats & proving demand. Yeah, most businesses are able to survive over one year & this is very real but not fatal as long as you are iterating while being in a job. There is no need to choose between education and skill, you can use both and sail, like many businesses that begin as side projects before becoming fulltime. Use salaries to pay the bills, skills to make some assets & do not forget that Bitcoin is a treasure. First setup a business before quitting the job.

You're right, building a business doesn't require quitting a full time job. With proper time management, both can run simultaneously. The current development of technology makes it easy for everyone to learn new skills, so anyone with the will has the opportunity to earn additional income. Investing in Bitcoin can also be a good option besides building a specific business, both can lead someone to achieve financial freedom.

I would rather choose to invest in Bitcoin than to build a particular business, because business competition is very tight today. With limited capital, the opportunity to develop a business to be more advanced is relatively small. However, everyone certainly has their own perception, what's clear is that both offer long term benefits.

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August 25, 2025, 09:39:57 PM
 #105

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.
I would like to say that owning a business would be much more profitable, but on the other hand, I am quite aware of my current capabilities, so I prefer a salary for now.
This doesn’t mean I’m not interested in business, as business is undoubtedly appealing, especially when you become your own boss—that’s certainly something to be proud of. However, starting a business isn’t as easy as it seems. The risk of failure is significant, and it requires thorough planning, including strategies, implementation plans, and, of course, initial capital.

At this point, I’m not able to make that happen, so I’ll try to be more realistic by choosing a salary, as that’s something I need to prioritize right now. Stepping out of this comfort zone would be great if it works out, but I’m not ready to take that leap yet.

 
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August 25, 2025, 11:37:18 PM
 #106

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.

Is it still necessary to answer that question? We already know where we can experience financial freedom; it's just up to us to choose which path to take. Earning a salary, we know, falls into the category of being an employee, and it depends on your position.

If you have a high position in a company, you'll surely have a large salary, and it's expected that you'll have a decent, huge salary every month. While with owning a business, financial freedom is truly there, not with being an employee. Because once you lose your job, your monthly salary earnings stop, while it's not like that with owning a business.

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August 25, 2025, 11:51:24 PM
 #107

People do not realize that online world is so vast that you could stay at your home and make millions of dollars per month all by yourself without a need of anyone else, just you and your pc. Why do I say that? Because you can prefer both at the same time until you need to work on your business. Me and my wife started an "online" business few months ago, we do have a small bazaar kind of place on Saturday nights until morning too, and it's cheap, just 100 bucks per month, but rest is fully online.

You think I do not have a job? I still work during morning until dinner time (sometimes even later) at my work, and when that is done, after dinner, I help her out if she needs anything, most of the time she does handle it herself, but I did spend some time helping her too. Many people also just work at their jobs, come home, eat something, and work on their online business until they sleep.

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August 26, 2025, 08:41:29 AM
 #108

A friend was working as a Lab scientist for years and before the month ends his already out of funds and even lend from colleges to meet up. He decided to have his own Lab opened and within the space of two years, he has staffs who earns good pay plus he is now comfortable with landed properties.

Have worked in a lot of places and I can tell for sure that having your own business or skills that you can earn with is far far better. Most times all I do is just keep money for transportation to work, and then buy stuffs at home that's all, no savings and you can't even buy anything for yourself if you need anything. Let's not even go into the benefits and privileges of owing your own business because it's so big..
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August 26, 2025, 09:30:12 AM
 #109

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.

It is not all salary earners that end up spending all their salary every month. Some receive their salary and still end up with nothing. It is only those who know how to manage money  or probably those whose salary is very small that have no choice but to spend it all, just to meet their basic needs.even business owners also spend money, because they have to feed themselves too. In fact, if a business owner doesn't manage well, the business can easily collapse.

But if I have to choose between owning a business or working as a salary earner, I would prefer to own a business. This is because it is really hard for some people to remain on a salary level and still achieve certain goals.snother thing is that someone can be sacked from work at any time, or the company might collapse. But when you own a business and you are fully focused, it's easier to become rich than when working under someone.

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August 26, 2025, 10:39:02 AM
 #110

But if I have to choose between owning a business or working as a salary earner, I would prefer to own a business. This is because it is really hard for some people to remain on a salary level and still achieve certain goals.snother thing is that someone can be sacked from work at any time, or the company might collapse. But when you own a business and you are fully focused, it's easier to become rich than when working under someone.

It isn't as easy as you're writing because you'll have to put in twice the work that you're putting into working for someone else when you're working for yourself. With your own company, you're building a brand that if you don't do your best it won't work but for others, they're others like you also working for the business that the minimum you do is enough to be paid. Your business requires more dedication and that's not an easy thing to do. When you fail, you'll be broken that it's almost not easy to pull yourself back up and continue to hustle. Personal business owners go through alot that not many can go through and still be able to continue investing into the business.

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August 27, 2025, 09:31:33 AM
 #111

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.

No, the scheme of financial relations between employees and their employers or businesses is not as simple as it may seem at first glance. To understand the nuances, you need to take into account all the factors.
If you create a business, it does not mean that you will sit back and sell something or provide some services and get money for it, of course, you will have many other expenses such as: taxes, salaries of employees, expenses on equipment and so on.

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August 27, 2025, 09:41:07 AM
 #112

If you didn't born with silver spoon in your mouth you have to start your financial freedom with salary. Keep your spending under control, make your investments wisely and learn and improve abilities meanwhile.

Once you have enough funds (At least enough for 1 year business and your personal life expenses) start your own business. Work hard and make it perfect life you. If you are always chasing cheese you are not different than rats. Therefore work hard, play wisely and reach your dream life in the same time your business supports you.

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August 27, 2025, 10:09:47 AM
 #113

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.

No, the scheme of financial relations between employees and their employers or businesses is not as simple as it may seem at first glance. To understand the nuances, you need to take into account all the factors.
If you create a business, it does not mean that you will sit back and sell something or provide some services and get money for it, of course, you will have many other expenses such as: taxes, salaries of employees, expenses on equipment and so on.

True, but if you managed to take care of everything and the business runs smoothly then the end point of this is you still gain out from it, and same with how the post above said, the employee will use their salaries to buy from those employers who create the business and they will end up nothing especially those minumum earners while those employer/business owners they will continue to gain from the investment/business that they established.

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August 27, 2025, 12:30:55 PM
 #114

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.
I've always preferred building my own business, even on a small scale, rather than seeking a job affiliated with a monthly salary for someone else, such as the government. This foundation has fueled more productive thinking because I have more control over my own business in some way. Not everyone does the same thing, and I'm sure everyone has a different perspective on opportunities. However, for those who embrace challenges in life, building their own business is much more independent.

The opportunity to achieve financial freedom is better by building your own business than relying on a monthly salary from another job. With a business, we have the opportunity to achieve success. Building a business is certainly not easy, but if you pursue it diligently, there is definitely a path to success.

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August 27, 2025, 04:26:22 PM
 #115

Choosing between a job and running your own business is not just a financial decision, but also a question of managing your time and energy. A salary provides stability but limits your freedom to make decisions; a business offers opportunities but also doesn't guarantee income and involves a risk of losing everything.
I'm not a business kind of person, I would not want to do something for profit. I am okay working for others, as long as I agree with the mission. It doesn't bother me that there is someone I report to, and as I tend to work in civic sector and in education, there is plenty of freedom for me on what to focus on and how to approach my tasks. There's also this very decent option of being self-employed, which I've tried in the past. I enjoyed it, but I currently prefer working at an organisation I'm currently at because it provides more opportunities for making an impact and comes with its own resources and good colleagues.

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August 27, 2025, 05:29:04 PM
 #116

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.
Of course, the answer is to own a business. Because everyone, or the majority, certainly wants to own their own business. And there's nothing better than being the boss of a business they've built themselves. However, some people are too comfortable in the comfort zone of being a permanent employee. They only care about saving for retirement or investing for their old age. And they don't think about how to raise money to build their own business. Those like that are usually those who don't dare to take risks. And today, I think there are more and more people like that. Perhaps because business challenges in today's era are no longer easy. Because every business sector now always faces considerable competition.

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August 27, 2025, 05:36:58 PM
 #117

Both business owners and salary earning are both income generating activities which helps in providing the basic needs of man, what matters most is the amount of effort you put in running either someone's business or your personal business that determines the output you get at the end. Although must successful men or women are self employed people that have full knowledge of business management and control. Been self employed helps in building financial stability and control over once capital when it comes to finance management  of any kind while and employee don't have such right to make financial decisions except it is approved by his or her employer.


You are right in what you said, the only difference with earning salary is that the employer controls the hours they work, furthermore, they are also no work no pay as they are employed by employers and are obliged to go to work or else they will not pay them anything.

Unlike a business owner, you are in control of your time, even if you don't go in because you have manpower in your business, you still have income to get because your business generates income for you or for us as owners.

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August 27, 2025, 07:33:00 PM
 #118

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.
Salary income is when you work for someone and they pay you as a reward. And when you build a business, you pay others a salary for doing your work. If you can build a business, you will get benefits in many ways, you will get respect, you will get a lot of money and you will get a freedom. But when you work for someone for a salary, you will not have any kind of freedom. So of course, business is better than a job. But finding a job is not as easy as running a business successfully. But one thing is that you will get high benefits from the thing that will require a lot of hard work and time to achieve.

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Mrbluntzy
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"I know I know nothing" _Socrates_


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August 27, 2025, 08:44:34 PM
 #119

Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.
What you have said is true, salary earners spend their money to buy goods and get a service from business owners while the entrepreneur earn profits, but do you know that just as working from 7am - 4pm is not easy, that's also how it is not easy to run, manage and grow a successful business? There's this saying that "making money from white collar job, business or skill is not easy" That's true, the only easiest way of making money is through investments that doesn't require you to do anything before you can earn. If you don't have entrepreneurial skills, your business can keep collapsing, that's how uneasy it is. I would prefer to have a job and many other investments.
Berry2d
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August 27, 2025, 09:26:06 PM
Merited by hugeblack (2), fillippone (1)
 #120

Choosing between a job and running your own business is not just a financial decision, but also a question of managing your time and energy. A salary provides stability but limits your freedom to make decisions; a business offers opportunities but also doesn't guarantee income and involves a risk of losing everything.
I'm not a business kind of person, I would not want to do something for profit. I am okay working for others, as long as I agree with the mission. It doesn't bother me that there is someone I report to, and as I tend to work in civic sector and in education, there is plenty of freedom for me on what to focus on and how to approach my tasks. There's also this very decent option of being self-employed, which I've tried in the past. I enjoyed it, but I currently prefer working at an organisation I'm currently at because it provides more opportunities for making an impact and comes with its own resources and good colleagues.
Time management is a key factor to consider  when  talking about income generation and financial stability. Talking about choosing between working for someone and managing once personal business is a very important decision that most be considered if not recognised in decision make, one can easily make financial mistake that will affect the person in future. Personal business at times is good after generating enough capital from working to avoid being dependent on the business because depending on the business will indirectly lead to failure in business. So both are good step to follow when building once self financially is concern. Although at times decisions are taken due to the person concerned but we should not discourage anyone because what works for you may not work for me.

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