Self employment versus employment
Securing a good position in an esteemed organization is the most essential element in a person’s life these days. Qualified people aim for highly paid and challenging jobs. It is embossed on the minds of children that one has to earn good to live a good and decent lifestyle. In today’s world everything revolves around money thus earning money is one of the basic necessities of life. It can also be called the hard reality of life, which is, if one has lead good life one has to earn good. Earlier it was said that there is no such thing as free lunch. This proverb can be applied even today with a bit of modification. We can now say, there is no such thing as inexpensive lunch. Reducing natural resources, growing demands of people due to growing population has made everything very dear. One has to pay through nose for getting even a simpler thing. Higher cost of living has led to many difficulties in life such as concentrating on saving, earning more or even spending less. But the last option is not possible because of higher cost charged for every small thing. Thus it becomes very necessary to earn good. People can opt for two different options for income, one of which is jobs and the other one is self employment.
Not everyone is a genius in business. There are people who are technically sound or have very good knowledge of knowhow, but they may not be really very good at managing a business all by themselves or even with business partners. So, they fit into the category of jobs. jobs offer satisfaction of applying the knowledge into practice. While doing this, they do not have to look into other facets of business like marketing, administration etc., other very essential pillars of any business. They have a secure income being deposited into their salary account every month, even if they do not have much work allocated during that month. This security offered here is lacking in the business, here one gets the share for which he/ she has worked. But in business, the owner is the king. His will prevails and once the business gets going then sky is the limit for profits. For all this one should posses good qualities required to be a successful entrepreneur. But for others, having good position which enables to apply knowledge as well as pays heavy salary is the picture perfect.