There are many reasons why one should strongly consider before going all-in the life of being an entrepreneur. Besides the simple answer that it is just too difficult and not everyone’s cup of coffee, there are a lot of reasons behind this simple answer that can shed light on why not everyone can become an entrepreneur — and there is nothing wrong with not taking up the life of entrepreneurship or giving up from it.
This may be linked to our inclination to self-preservation and staying away from danger as far as possible — and in this case it means the risks that come along with becoming an entrepreneur.
In the economic perspective, not becoming an entrepreneur also has its effects. A study pointed out how self-employment is not the key solution in alleviating one’s financial burden and the economy in general. Without the proper environment matched with a bit of luck, most people working as entrepreneurs would not be able to realize the profits that they hoped for in the first place. Instead, more focus should be placed in wage policies and labor laws created by governments.
Lastly, working a 9 to 5 job instead of being self-employed has its benefits as well. Some of these pros include gaining valuable experience from managers and other higher ups, job security with guaranteed income, and other important benefits such as health insurance.
By Neil Gregorio
Neil Gregorio is a graduating university student who writes as a hobby; when he is away from the keyboard, he spends his time watching Japanese animated shows and jamming out to his favorite rock music.
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