Doing a business may not be a wise decision when you don't really know what it takes. When we look at the bright side, yes, you get the freedom, you get to control and make all the decisions. However, it doesn't mean you'll be stress-free. In fact, it would be even more stressful, tiring and time consuming.
So is it better to be employed or to be your own boss? Both have pros and cons.
Being employed would give you the security and you can probably sleep through the night knowing that you would get your paycheck to pay your bills and daily expenses. If your work is also your passion then you are really lucky because most people work just to get three meals a day. That's why they may view work as a burden and they may not enjoy it. Furthermore, you may have very bright ideas but your superior may not appreciate it and worse they would take credit for it. Not to mention other office politics that you are going to deal with as you climb the corporate ladder.
Being your on boss, on the other hand, can let you pursue your dreams or passions. You would be motivated to work harder because it is your own business and the harder you work, usually the more you could earn. However, it would be risky because you don't know if you can cover your expenses from the revenue you earn. So you have to be frugal in your spending, manage your finance properly and be able to face and respond to changes.
I believe one should try to do business at least once in their lives. It is a good experience and when your business is successful, you will get the self fulfillment apart from the monetary rewards.
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