1. Business & Finance

Entrepreneurship May Be Less Risky Than Jobs

From Scott Allen, About.com GuideMarch 31, 2009

Conventional wisdom holds that entrepreneurship is risky and traditional corporate jobs are secure. But have you seen the unemployment statistics lately??? And that conventional wisdom was taught - indoctrinated, perhaps - by people who were themselves raised and indoctrinated in that system.

But entrepreneurship may now well be less risky than traditional jobs. Garland Coulson explains why in this video:

What do you think? Is entrepreneurship now the safe bet? What do you think about how our society prepares our children to work in large organizations, yet as adults our society glorifies entrepreneurship? Inconsistent, isn't it?

P.S. At the end of the video, there's a brief offer for some free stuff. I can tell you I've been using a couple of Garland's programs for years, and they're totally legitimate and they actually work. I have no vested interest - just sharing a good opportunity.

Comments
March 31, 2009 at 8:35 pm
(1) CK Lin :

This approach is fascinating because so many have always considered an entrepreneurial career to be a risky route that either leads to success or failure, with no middle ground. It appears that with each passing day in this recssion, there are more people examining their options.

March 31, 2009 at 10:31 pm
(2) Scott Lichtman :

Yes! In many ways, entrepeneurial ventures are a better bet than corporations for jobs. You usually feel more rewarded contributing to a startup’s growth than a corporate giant, especially if you’re a leader or early staffer at the startup. If you join a startup and the fun lasts for one to several years then you’ll remember it for a long time (if it lasts longer, then you’ve probably hit it big). IF you didn’t like it, it’s not as big a reputation problem if you leave quickly for something better.

On the financial side, it depends on whether you’re mainly compensated with cash or equity, with cash clearly being the ’safer’ approach in either type of company.

April 3, 2009 at 2:58 am
(3) Paul :

An old aphorism of mine is that “working for somebody else gives you the illusion of security whilst working for yourself gives you the illusion of freedom”. The point being that self employment requires a total commitment that of itself generates security, but implies a total commitment to clients, customers, staff, investors etc that constrains choices.

April 4, 2009 at 12:46 am
(4) cynthia :

The point is well made here. Having your own business gives you more financial freedom. You don’t have to worry about being downsized or laid off because you are the Boss. Having multiple income streams is the way to go.

April 4, 2009 at 3:30 am
(5) Jesus Moreno :

Entrepreneurship is the logical alternative
to jobs, specially when we are part of the
unemployment statistics.

Watching the Gardland’s video I see that
Entrepreneurship is the label of this
viewable post. On the other hand, I’ll follow
him on Twitter where he’s offering support and
desire to teach what he’s learned so far.

Of course, I’ve got 20,000 credits of 2
programs of 3 I belong to.

Regards,

Jesus Moreno

April 4, 2009 at 6:32 am
(6) This is a wonderful opinion. The things mentioned are unanimous and needs to be appreciated by everyone. Barbara Brown Realty :

This is a wonderful opinion. The things mentioned are unanimous and
needs to be appreciated by everyone.
Barbara Brown

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