Have you ever heard the old saying that said “your neighbour grass often looks greener”? Well, it means that we often envy and want what other people have, although sometimes it doesn’t suite us. So today I’m gonna talk about this issue in terms of choosing to be an employed person or an entrepreneur/self employed.
Sometimes the employed ones said that it is great if they are an entrepreneur, they are the boss for themself, they can innovate and be creative without anyone to limit it, etc…. On the other hand, the entrepreneur guys said that they envy the constant, stable and guaranteed pay check of the employed ones..
So which one will you choose, the employed one or the entrepreneur one? Let’s talk about it furtherly, shall we 
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First of all, I personally believe that there are some of us who are meant to be pure entrepreneur, some are meant to be full employed man, and some other are meant to be half and half of both world. The word “meant” here means that it fits you the most; rather than destined.
Ok; here are some statistics and the pros of entrepreneur/self employed:
- More than half of salary workers consider or have considered becoming self-employed.
- Averagely, self-Employed people make US$ 12k (men) and US$ 2.5k (women) more than the employed one
- The variance of earning on self-employed/entrepreneur is much larger than the salary worker/ employed people; which means some are rich and some aren’t
- The wage rise of self-employed people is rather slow in the first few years, but it grows very-very fast after several years.
- No boss! Yeah!
Now there are the cons of being an entrepreneur; and some of them are:
- for some people, being employed can lead them to social benefits, prestige and support
- You can’t get the stable, steady, continuous and guaranteed salary and pay check like the employed guys
- Moreover, you also can’t enjoy the facilities such as car allowance, housing subsidies, medical aid, overtime bonus etc… You have to bear them yourself
- A more complicated tax; sometimes it can go higher than the employed people’s tax
- Last and might be the hardest part: it is very hard to get a financial support (loan etc) from the bank
That’s a bit tough, huh? But I have my personal questions I asked my self when I want to choose between entrepreneur/self-employed vs employed:
- Do I love my current job? If you are frustrated and find your current job doesn’t fits you, perhaps you should try to be an entrepreneur
- What motivated me to be self-employed? is it the money? if it is, calculate correctly and see if your new business can match your current salary within the certain of time. Is it the passion? Well, you should also prepare some emergency funds. It’s not smart betting it all up
- Can I do both of them? If it is still possible, why not? Just don’t forget to stay healthy and save your quality time with your family
In the end, choosing between entrepreneur/self-employed vs employed is about research, calculating and passion… It is up yo you then
