Recently I published my autobiography detailing the journey of my dreams and how I ended up starting my own company just at the age of 20 and that has led many of my friends to start thinking about starting a business of their own right after studies. But most of the times I find them thinking about starting a business just because its fun.
If you want to have a lot of fun, you shouldn’t try to create a business, you should stick with your 9 to 5 job. Here’s why:
You’ll have less stress
Business is very stressful! Imagine having to handle high amounts of stress like making payroll, firing employees, or just figuring out how to get your business to make money. Sounds pretty intense, doesn’t it?
And once you make money, the stress doesn’t go away. You’ll constantly have something that you’ll be stressed out about.
You’ll have fixed hours
When you’re running your own business you won’t just be working from 9am to 5pm, you’ll easily find yourself working 12-hours+ a day for 7 days a week. It sounds easy but you can get burned out quickly. I’ve personally been doing it for 2 years (almost 3).
You’ll have job security
The best part about having a 9 to 5 job is stable income. For most of my entrepreneurial career I didn’t have stable income, which made things extremely difficult.
If you’re having a bad month in your business, unfortunately your expenditures or credit card bills don’t cut you a break. Especially if you are starting your business after your studies gets over.
And I reinvest every dollar I made back into my business, which helped me get to where I am today.
You’ll have a simple life
If you start a business and it does well, you will have financial security. However, you’ll find yourself not being able to spend the money you’re making because you’re too busy working.
And yes, you can try to hire someone to replace you so that you can just sit back and cash checks, but it is really hard to find someone that can do as good of a job as you can.
The cool part about working a 9 to 5 job is that you get vacation time and your life doesn’t get as complicated as it does with a business.
I know the 9 to 5 experience sounds a bit boring, but at least it is much more simple. The best part about it is that you only have to do a few things well instead of trying to do everything.
Conclusion
By no means am I convincing you not to start your own business, I’m just saying that you shouldn’t start one because you think, “it’s fun”.
If you want to start a business and be successful, you should only do so if you can:
1. Solve a problem – a business doesn’t need to be cool, it needs to solve a problem in the market place. And the problem you are trying to solve has to be one that people are experiencing today, not something that people will experience 5 years from now.
2. Make money – If you can’t make money, you won’t survive. I don’t care if you are changing the world in a better way, you have to be able to make money. You have bills, you need food, and the only way you can take care of those things is with money. You need to make enough money so that you can live comfortably.
I have also decided to talk about “starting your own business” because many people have been telling me that it’s their plan after their studies, although I would suggest to start it after 1 or 2 years experience in a job. Before you do that, take a look at whether it’s really worth your time and money or not. Not everyone is ready to start their own business and just because it’s so simple and easy to do it now-a-days, it doesn’t mean you should.
If you love making money like me, go for it. Just don’t do it for the fame and glamour.
What about you? Do you think businesses are fun? Are you planning to go for business or job?
PS: By no means am I trying to make a claim that a 9 to 5 job is easy. I am just trying to prove a point that you shouldn’t go into business because you want to have more “fun” in your life.
I wud love to hear your opinion … are you planning to start a business ???? will u do it right after your studies ?? and do u think business is fun ???
As always nicepost, n to answer ur question i think i will go for business and open a web designing firm. but i also think it wud be better to go for job first.
what would u suggest?
Hi Sneha, its great that u wanna take entrepreneurship as career.
Okay, i know i did say that you should prefer job first but the thing is if u wanna go for entrepreneurship it would be a lot easier for u to have a focused career path.
For example in your case, if u r serious about web designing then the only reason for u to go for job first should be:
1. Experience: – To gain a lot of experience about the functioning of a web designing company
2. Security – It takes time to reach a sustainable position while starting a business. And a job will help u pay ur bills when u r starting off …
hope that helps ….
In a job by working faithfully 8 hours a day, u may eventually get 2 b the boss and work 12 hours a day!!! lol
Hi Sagar, dats funny although it might be the same when u have ur business. You may have to work 12 hours a day there too. The only difference being that here u are ur own boss
I’m ismpresed by your writing. Are you a professional or just very knowledgeable?
Hi Lore, i guess u must assume that I am knowledgeable … LOL … haha
very well said i mean apt said dude its not that easy but i have some same reasons so i will go for it.
Hello Bidhu … nice talking to ya today …. its a gud thing u already have a plan … and best of all u have already decided what u want from lyf … now dats gonna make ur life a lot simpler … c ya soon
Why you are doing business?
I know that handling the any business is not so much eassy but it
doesnt mean that you should have very serious with your work and stop
enjoying your life.
The 9-5 job is not bad but it is not our dream.
By doing job we cant complete our dreams for ex-1.having own bunglow
in colaba (mumbai).
2.Enjoying life style like Mukesh Ambani.
The job will give us security but not the money. The people whose
dreams are small they can do job but I cant.
It is true that if you want to just enjoy your life, you dont want to
do hardwork, you cant think big then you are not able to do anything
(including job).
If you want to enjoy life, you want fun in your life then job is not
the way to enjoying life because you will have only job security not
money.
And if you are thinking that business is very difficult then I want to
tell you my friend I dont like to do simple things but we have to do
hardwork.
You are successful in your business you should motivate people not
demotivating them.
The rule of business is not taking right desicions at the right time
but it is Taking desicions and make them right.
Hello Rajesh, u are so very true about the both the positive n negative aspects of business although the real reason behind this post is to make anyone interested for business aware of what it takes to be successful in business from day one …
Its all about reaching the point of no return where u decide u have got to do what u r gonna do
And this post was just th prequel to my actual post about why Business IS fun … stay tuned
Sometime I think business is fun, sometime very boring. But this is a method how to get money. So I think I must fun with this
But the reality is that it all depends on ur perspective … if ur company stands for sumthing, ur ideals, ur principles then yes it will be fun like hell … if u only stand for money u will just get dissapointed
Every person wants to have their own business,,But they get failed because of some constraints like finance,experience & knowledge about the business/corporate world..So what should they do?
Eg- i want to be a web-designer cum ethical hacker..So how i should start my business in this?
Hi Santosh,
if its any consolation i started with 0 finance, 0 experience 0 knowledge abt the corporate world … in fact i didnt even had a business plan. I just liked designing n thst the reason i sustained.
For u i wud suggest that u sud start out with a blog of ur own as the learning curve is huge in web designing n in my experience blogging is the best way to learn – u can refer my blog – http://www.hackdigital.com
Secondly start focusing on building a brand with great service … collaborate or else focus consistently on the marketing as well.
Do tell me if u need any help – u may refer this site for that – http://www.openinnovators.in/