March 11th, 2010

Why you should NOT work for yourself (right away) 11 comments

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What should I do with my life? That is the question almost all of us wondered at some point. Even if you knew from the beginning that your destiny lies in the field of, say, financial accounting, one question still remains relevant – should you go out and get a job working for “the man” or start your own business?

Traditionally, the self-help industry’s standard advice has been to do your own thing. Books like “Rich Dad, Poor Dad” go into great detail as to why it is preferred to work for yourself. The personal development blogosphere has been echoing the same advice. And in fact, I wholeheartedly agree that there is no better way to achieve success and financial independence than to be your own boss.

However, I don’t think that people should be blindly accepting what authority dictates. Starting a business might have worked for the author, but it may not be the prescription for you. I think the smarter thing would be to consider the benefits and drawbacks of both, and then decide for yourself.

(Read more…)

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Copyright © 2006 by Alexander Kharlamov.
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