Which is riskier? A job or a business? from How to Stop Trading Time for Dollars

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    michaelblaes michaelblaes Mar 4, 2008 @ 9:34 pm
    Hi Linda, That is a great point. In my mind however, you can minimize the risk, by taking slow and methodical steps using proven strategies. So like my old Pastor used to say, "Plan your work and then work your plan."

    To Your Success
    Michael Blaes
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    Linda Ellsworth Linda Ellsworth Feb 27, 2008 @ 3:18 pm
    That's a large question with so many experiences and variables attached from those of us on both sides of the equation. In my experience, I would say business is riskier because one needs not only to be competent and willing to learn more each day to flourish; one needs to be passionate about the business they're in, and to share their expertise. Sending best wishes for your business, Linda Ellsworth
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    DavidHuff DavidHuff Feb 15, 2008 @ 6:24 pm
    A job (unless it's a government job) is only as stable as the business that is creating that position. There's no reason a business can't be stable, it just takes some time to get to the point where it's well established. The main difference is that if it's your own business, you have more control. That can be good or bad depending on how competent you are as a business person.
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    Feb 15, 2008 @ 2:46 pm
    It's going to be difficult for me to answer this without bias and objectively.

    Before I became "unemployable" due to circumstances beyond my control, I think I would have said... Business is risky.

    However, that was when the only business model I knew was either the "Mom and Pop" venture or the "Big Corporation" ventures.

    So, knowing about the "Internet Based" business model now, my thoughts of business-related risk have greatly subsided.

    I am so bias because Internet Marketing is my only means of survival now. For me, it's Internet Marketing or living on the streets.

    Honestly, though... even knowing all of this, I would have to say....... "yep. Business is more of a risk."

    And, Michael, what you said above was so true. Some people just are not cut out to work for others. And, in my opinion, you should never have to justify your decisions or your thoughts to anyone but your self and your wife. Best of luck to you in your business! Wendy J. Roan
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    FrankKilgore FrankKilgore Feb 12, 2008 @ 7:43 pm
    A business is more risky from the standpoint of stability. At the same time, a business is the least risky from the standpoints of personal fulfillment and personal control.
    What do you think?
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    John Riley John Riley Feb 10, 2008 @ 7:28 am
    Great question ..... made me really stop and think about this. It would be great if you could expand the discussion on this topic. As to which is riskier I would still say a business. Maybe you could put a poll module on your lens with this question to see what other people think.
    Regards, John

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How to Stop Trading Time for Dollars

I'm so tired of people not understanding me. I am an entrepreneur, and I realize now that I always have been. As a kid I used to buy candy from Sam's Warehouse to sell for pocket money. I've tried working for others. I've don... (more)

Contents at a Glance

  1. Entrepreneuralism; Squdoo Style
  2. A Job or a Business?
  3. Which is riskier? A job or a business?
  4. The Call of The Entrepreneur
  5. Recommended Business Resources from Amazon
  6. No More Mondays Blog
  7. 48 Days Podcast
  8. New Post from Rich Schefren
  9. What has been your biggest challange in developing your online business?
  10. Free Teleseminars From Workshop Members