Mika
VIP Contributor
After you complete your education and are ready to build a career, you basically have two options, get a job, or build your own business.
The first option looks easy for a lot of people because you have nothing to lose as you can receive your salary every week or every month. The second option is risky as you might lose your money and waste your time if you failed. However, if you are a risk-taker, you will choose to build a business.
When you are on a job, there is a cap; there is a limit on how much you can earn, but when you build a business, there is no limit on how much you can actually earn. Success depends on how much effort you can put on, how well you are doing it, how you surround yourself with the right kind of people, and how hard you can work. It is something like planting seeds now and waiting for years to see the fruits.
When you are bound to a job, you cannot build multiple income sources because you don’t have the liberty to explore other things. But when you do not have a job you can explore a lot of things and build multiple income sources, you can even make some of these income sources your passive income.
The first option looks easy for a lot of people because you have nothing to lose as you can receive your salary every week or every month. The second option is risky as you might lose your money and waste your time if you failed. However, if you are a risk-taker, you will choose to build a business.
When you are on a job, there is a cap; there is a limit on how much you can earn, but when you build a business, there is no limit on how much you can actually earn. Success depends on how much effort you can put on, how well you are doing it, how you surround yourself with the right kind of people, and how hard you can work. It is something like planting seeds now and waiting for years to see the fruits.
When you are bound to a job, you cannot build multiple income sources because you don’t have the liberty to explore other things. But when you do not have a job you can explore a lot of things and build multiple income sources, you can even make some of these income sources your passive income.