The Pros and Cons of Having a Job or Being an Entrepreneur in Today’s World

Peter Abdaal
ILLUMINATION
Published in
2 min readJul 26, 2023
Photo by Joshua Hoehne on Unsplash

Having a job can give you a sense of daily accomplishment. You clock in, perform your duties, and then clock out.

You don’t have to worry about the company’s future; your only concern is your role and team. However, the fear of losing your job and the uncertainty of finding another can be daunting.

The weight of the company’s fate and its financial obligations does not fall on your shoulders. You focus on your job and job security.

Your position could end suddenly at someone else’s decision, regardless of your performance. Nevertheless, you still get paid for showing up, whether or not you had a productive day. This is the luxury of having a job.

Photo by Marvin Meyer on Unsplash

On the other hand, entrepreneurs possess a unique ability to persist with their startup for months or even years, even if they haven’t achieved any significant success.

Most people find this behavior to be unappealing. Working long hours on something that may never come to fruition can be scary.

However, with a job, the worst-case scenario is losing your job and finding another one. But with a startup, the risks are much more significant.

You could lose hundreds of days of your life, face legal battles, experience sleepless nights, go bankrupt, and let down those who depend on you. Society recognizes and rewards those who can endure these challenges well.

Although many dreams of becoming entrepreneurs, the distance between starting a business and seeing it succeed can be overwhelming.

This distance is where most people give up and opt for a job instead. Even for the few who persist, it often takes several attempts before achieving success.

However, the difference between having a job and being an entrepreneur lies in accountability and control over your destiny.

With a job, you rely on the decisions of one or two individuals. This can make you feel controlled and unsettled.

But as an entrepreneur, you rely on the decisions of thousands, which can be both liberating and overwhelming. For some, the sense of freedom and control over their destiny is worth the risks and challenges. But for most, it is not.

If you have reached that far. I hope you have gained a thing.

Keep pushing and Consistently trying, and if you needed and help. I enjoy giving two hours of my week helping people around me grow their businesses and themselves.

Email me at: peter.essam@gmail.com with the subject “ Medium Hour week. “.

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Peter Abdaal
ILLUMINATION

Exploring and documenting how to unlock human potential, craft a lifestyle, and master business skills.