Be a soldier or your own captain?(1)
When the graduation is coming, a lot of students have to face a serious question: to find a job or start their own business? Well, there is not a correct answer. Both of them have their pros and cons. In these two blogs will list them and have a sample understand explain for them, and give my opinion for this question.
Pros of be your own captain
@ Make decisions yourself: you can choose which case you want to take and how to do it.
@ Set your working hours yourself: Flexible working hours. work when you want to work , and take a breath when you want.
@ Can improve your communication skills: If you want to be your own boss, then you are every role in the working environment. You need to a lot of work to handle a case. Such as you need to find a job for yourself, you need to talk to your client and do the work. During this process, you will learn a lot.
@ Better life: You can choose if you want more working life or more family time.
@ Exercise your idea muscle: Don’t have a people tell what you need to do. when you have a client, you can write proposal by yourself and propose your own idea.
Cons of be your own captain
@ Lonely job, do not have social environment: There will be only you at the workshop. you don’t have people to talk when you need a communication.
@ No one can help you when you get trapped: In a working group, you can looking for help from your colleagues. You have to solve it yourself.
@ Spend your own money to set up: You will need to pay all equipments when you start a business, such as location(pay for the rent, electric charge etc.), software(buy all those software you need and upgrade fees).
@ Cannot take big jobs: One person cannot handle a bigger job. And a client with a bigger job is perfer to find a formal company.
@ Earn what you Earn: You have no assurance of salary and compensation. If you get a job, then that’s all your money. If you don’t get a job, then you won’t have any income.
@ Have to take responsibility and risks by yourself: Low footprint means less of a reputation to defend. No backup, harder to contact.
@ Don’t have employee benefits: Include group insurance (health, dental, vision, life etc.), disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, vacation (paid and unpaid), funding of education, as well as flexible and alternative work arrangements.
References:
-https://www.bidsketch.com/blog/everything-else/self-employed-vs-employed/
-http://articles.bplans.com/pros-and-cons-of-being-your-own-boss/
-https://www.realbusinessrescue.co.uk/articles/directors-advice/top-10-benefits-of-being-your-own-boss-in-comparison-to-employment
-https://brianrashid.com/the-10-commandments-of-being-your-own-boss/
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