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Thursday, October 05, 2006

Entrepreneurship

We are always experiencing hard times and we need to survive economically in order to have a descent life. There are two polarities in this issue: to be self-employed or to be an employee.

If you will be an employee forever, you will never have the chance of becoming rich. But, to be self-employed coupled with hard work and perseverance, there is always the possibility of becoming materially wealthy. Most of the rich people now are entrepreneurs or businessmen. They created their own company, employed a lot of people and helped the country.

But, the question with entrepreneurship is sustainability, meaning until when will it last, will it be forever because there is always a space for bankruptsy.

The ideal strategy is you have both, so that you have a fall back in case of danger. Be an employee for sure income and have a business as your sideline for additional income. In the future, it is your decision which to prioritize or even decide to focus on one thing only.

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