tonychristopher:


that's is called outsourcing

Yea, just trying to "think out of the box" cos somebody is of the view that if everybody is self employed who will work for whom, I don't like that line of thinking, it's just like saying, if everybody becomes rich, who will be the gateman, who will be the car wash, who will be the cleaner?

A clean can still drive a G-wagon to work, if everybody is rich.

Very insightful.

tonychristopher:


because of this quality I think and advise you stick to earning wages ...CEO is not your forte

Lol you are funny. I actually own my own business, take it or leave it the choice is yours. The businesses I started based on passion didn't work, the one I started based on the need I saw and filled, is what is working.

The american economy was built by entrepeneurs who saw opportunities and invested. Every big company out there was started by an entrepeneur. Entrepeneurship and paid job go hand in hand. It takes the innovative mind of an entrepeneur to see opportunities that lurk around. Zuckerberg saw an apportunity in social media and pounced on it, today it has over 25,000 work force indirectly or directly. The same goes for microsoft, google, dangote, guiness etc. Entrepeneurship to me is experimentation, failure or sucess, its worth a try. It takes the brilliance of an entrepeneur to convert orange fruit into packaged juice. The most sucessful people in the US are the jews and they are entrepeneurs on their own right, so also are the igbos in nigeria. Though, a lot of businesses fail, every try is worth it.

macandy21:


Yea, just trying to "think out of the box" cos somebody is of the view that if everybody is self employed who will work for whom, I don't like that line of thinking, it's just like saying, if everybody becomes rich, who will be the gateman, who will be the car wash, who will be the cleaner?

A clean can still drive a G-wagon to work, if everybody is rich.

nice reasoning

erico2k2:

Passion is not limited to a particular kind of biz.the passion I'm on about is the one to succeed. You get me now in my own case passion carried me abroad.

It's good you clarified, but who starts a business with a desire not to succeed?

Pidggin:


Lol you are funny. I actually own my own business, take it or leave it the choice is yours. The businesses I started based on passion didn't work, the one I started based on the need I saw and filled, is what is working.

nice thought

One of the best threads that I've came across since registering on Nairaland. I like the way the writer addresses both the merits and the demerits without being biased. And not only that, I agree with the writer too. Entrepreneurship is good, but not everyone is cut out for it, which is the more reason so called motivational speakers should stop belittling it. I've seen people who have made it through working for somebody same way I've seen people who have made it through employment. Entrepreneurship is over rated nowadays and if I might add it is not meant for everyone. Some people can be successful through paid-employment too. Good write up @ the op.

I have long given up on these self-employment gurus. They have even infiltrated the church.
Meanwhile na dem borrow from folks in paid employement pass.
Life is not a straight jacket.
Some of us don't have the in-built discipline to run Enterprises no matter how small. We need enterprise imposed socialize.
Others do not have the temperament to beg and grovel for contracts, sit in someone's office for five hours while he is smooching q babe in the office and his secretary tells you he is in an important strategic meeting.
Also some do not have the make up to remain sleepless at night while thinking of creditors and debtor alike.
Some of us are not even keen on being multi billionaires. We want to earn enough from our talent, impact a few people in our neighborhood, have time to sleep at night and retire to the village to play village politics or earn enough in savings to spend our retirement in the city gusting online, attending social club meetings and organizing old boys projects for our Alma matter.

It is not a sin to aspire to such a life. The demonization of paid employement is akin to manipulation and control.
Yes paid employement is getting more unsure by the day but for every Dangote there are hundreds of failures in business. Some times it is not just about talent but time and change happen to humans. There is no guarantee either way. Self-employment is no certain route to riches.

olafestid:
That means you are not still okay with your job for aiming to be Ceo at shell, anyway nice article.[color=#000099][/color]

Being ok with one's job and aiming to be CEO of Shell are not mutually exclusive. Except your own aim is to remain static in life and not aim for higher positons.

swimcash:
enterpreneurship has always been d best option

This is a fallacy.
Different strokes for different folks in different seasons.
None is better than the other.

If we all become our own bosses, who will be the Accountant, HR Manager, Admin Manager, Secretary, Legal Officer and so on of the company?

Pidggin:


It's good you clarified, but who starts a business with a desire not to succeed?

No one.this is why I said passion is the desire to succeed in what you focus on.well that's how I reason.

SweetSoup:
If we all become our own bosses, who i be the Accountant, HR Manager, Admin Manager, Secretary, Legal Officer and so on of my company?

A bit of question 4 you.who is realy poor in Kuwait and the rest of the UAE?

Another Entrepreneurship Vs. Employee debate.

People should do what they love.

DahtzFestjayz:
Someone help me summarize.

Epitome of the poor reading culture in our modern day Nigeria... So pathetic

Entrepreneurship (self-employment) is good if you have the drive, the skill, the vision, a good and viable business plan plus startup capital.

Unfortunately, to raise that startup capital you need to become self-employed, you will need to work for somebody if your family and friends don't have enough to lend you.


In all, not everyone will be an entrepreneur, but it is good for us to have more people venturing into self-employment so that more jobs can be created for our future children.

Visit: www.noadvertjobs.com for secret company/internal recruitments.

Mznaett:
In addition to what the op has already stated. I think been an enterprenuer demands certain skills like:

Autocratic leadership skill
Democratic leadership skill and
Laisser leadership skill

And as an enterpreneur one of the above is needed

N/B Before going into that business there are certain attributes an enterpreneur must possessed like:
1.Goal oriented: An enterprenuer should be able to set objectives like
Where you are
Where you want to go
What to do to achieve it
2. Persistent: Without the spirit of persistence you can't be an enterprenuer. There are periods of difficulties so expect that there's always a way out
3: Seeking for feedback: Always seek for feedback by making findings and also make corrections by measuring your level of performances
4. Initiative: As an enterpreneur you should be creative. Have the ability to creating something new
5. Risk taking: We all know what this means lol

N/B In paid employment the idea of the employed is consumed in the enterprise cuz nobody reckoneds his contributions EVEN if they do the owner of the business may not even allow him to exhibit his talent and this is one of the problems of over reliance of wage employment
Just my lil contribution though

That was witty. However, I am of the opinion that deploying a certain kind of leadership as an entrepreneur is rarely effective. One needs to be autocratic when need be, and be a democrat when it is the optimal choice . It is the duty of the entrepreneur to decide whch one to deploy at any point in time.. Just in accordance with the law of balances....

A big cousin of mine works with a construction firm in Dubai.

He came home, met his friends of same grad set.. And he shed tears..

The friends think they are made, they are entrepreneurs, owning barbing salons, laundry shops, and running their consults at the capacity they can.

My cousin considering his salary structure, mortgage options and job experience has achieved 100 times more.

If u dont serve, who will serve you?
Where do u garner ur skills from?

Why not aim to retire and do ur magic after apprenticeship and mentoring.

Are mark Zuckerberg's workers fools?

Our govt is just trying to be irresponsible..

Without some key things in place like power and steel and loan facilities, entrepreneurs are just joking

Teamwork has diminished in the place of work
Cutting corners
Breaking deals
Stealing clients
Are the order of the day

GOD HELP US

A lil abt me.. : a graduate engineer, a dextrous instrumentalist, a facility manager, personnel manager , database manager, executive assistant, a safety professional.

And yet i am still learning under unfavorable conditions, gathering the essential tools needed.. This is the time i am sacrificing, have u sacrificed? What have u learnt?

We all have different burning desires... That is what u want to do...
Let oda start deirs from scratch if dey want to..
IT WORTH TRYING anyway

Both being self-employed and having a job are very necessary. Beyond money and comfort, working under someone and getting a paid salary enables experience, eliminates boredom and improve healthy competitiveness. Business on the other hand is a way of adding your quota to the society through your product. The main reason you should go into business should not be because of money but passion and to improve lives. At the end of the day, your product might be well accepted and make you good money like the Bill Gates and Aliko Dangote but sometimes it can also go the other way. Personally, I would love to enjoy the benefits of both having a business and working under someone!! Gracias!

I love this post walahi!!! On a lighter note have u guys noticed a lot of babes on facebook have self-employed 9n their profile?? Well nacking for money is being self-employed sha.
Above all the hardest part is getting the money to start. Na wah.

I don't think the OP is saying entrepreneurship is bad, but there really is this trend of demonising paid employment calling it slavery etc.

If you have a good idea and you have the drive and what it takes, then entrepreneurship is a good idea, but what we have in Nigeria at the moment is many lazy youth all looking the quickest way to make money. Even dangote said it in an interview that it took him over 30 years to build his conglomerate but Nigerian youth of today want to be millionaires overnight.

Entrepreneurship can be a good path to wealth and also to poverty and failure as it is a tough path and many businesses fail. Paid employment can also be a path to wealth as well. You need to decide which works for you rather than just following the bandwagon of demonising paid employment and assuming as long as you are an entrepreneur you will be a millionaire.

Infact the likes of Bill Gates and Mark Zuckerberg are not that rich because they went after money but because of the passion and drive they had to make a difference with their ideas.

besides most of what people term as eneterpenirahip in Nigeria now is just hustling. How many new innovations have we produced? How many new companies have these enterpreneurs founded that survived past them or got listed on the Nigerian stock exchange?

This castigation of paid employment is discouraging people away from very vital sectors such as science, education etc and then we wonder why we cannot produce anything and why our educational sector is so bad. We wonder why when there is an epidemic like Ebola we have to go begging other countries for vaccines. What stops us from developing our vaccines or even weapons and conducting research? Because everyone is hustling for money in the short term and forgets the long term.

you're not an epitome of entrepreneur spirit, you can't understand how entrepreneur survive, the adventure is for another world, the intuition is unique, they got their funding legitimately from various source. those employee you mentioned above are not entrepreneur they're intra preneur, the risk level differentiate both.

FlirtyKaren:
Twitter user Jide Albert just shared the photos on his page. Says it happened on his way from work yesterday evening at about 7pm. See more pics after the cut.


http://www.lailasblog.com/2015/08/see-what-armed-robbers-did-to-this-guys.html

I have a proposal, let the Fed. create farm settlement each in six geopolitical zones in Nigeria. The farm settlement should a real settlement self sustaining in everything. Let have 2 sections voluntary and compulsory. Let youth who willingly want to be employed be in voluntary section. Let all these idle youth once you are caught in a crime be sentenced to compulsory section to serve their jail term. For more details I am available for consultation

I really don't get this idea you guys have that being an entrepreneur means you wake he ever you want etc.

As a serious entrepreneur you wake whenever your clients or business needs you and not when you want.

You guys don't really know how much her swirl it takes to build such ideas up from scratch do you? Please read the biographies of the Google guys or even Facebook to see how HARD they worked to start their businesses. How much sacrifice they made.

swimcash:
enterpreneurship has always been d best option,cos u r ur own boss n bosses 2 odas. u wake up weneva u please, go 2 ur place of business at anytym cos u v pple doin tins 4 u. but d fact is dat nt everi1 has dat spirit of bein self employed. D bitter truth most of us fail 2 accept is dat, even wit all ideas n skills, once u dnt av d capital 2 finance ur goal its bcums a mirage, capital is d most paramount cos money brings ideas. many pple venture in2 petty business wit little fund n at d end of d day, dey were left wit no oda options dan 2 fold up. ...speakin on motivational speakers, most of dem do dat just 2 meet dere daily nids cos all dey preaches is wat dey av read in a motivational books. y nt ask urself dis questn, dey kip preachin on ow u can mk millions of naira everi mnt n yet dere suit is notin 2 write home abt, most of dem put on "COAT" lolzzzzzz nt "SUIT". lets kip hustlin hard n pray hard , cos prayer has always been d master key. GOD bliss ur hustle fellow Nairalander.......stay bless

Salaried job is very good o. if u check d disadvantages of living solely on ur biz, u will realise it is good to hav a job.lik someone sed, its nt easy to get a job in naija, bt wen u hv d opportunity, grab it. Biz hs its ups n downs remember? Wen d going gets tough wt d biz, u will hv a means to cope n also revive d biz. So its good. Lik me, although I hv a standing biz, I'm also employed, wen my area ws affected by flood, my biz folded up as in it ws nt moving bt my salary ws coming in even wen I wsnt going to wrk,jst to name a few crisis dat myt hit ones biz. so u see, Its good.

erico2k2:

Yep yep. You are right. If you can average 3 a day.u are as good as some civil servants plus yoy can grow bigger.cos at that.U earn 60k a month.I once asked a mechanic how much on average do yu get a day.he said min 5k.in PHC.we both agreed that it's equally to 100 per month and that's more than a teacher.so he should be living well but he is not.so what's wrong there?lifestyle

Wats ur conclusion sir

@topic

you and everyone have to do their time working to obtain start up capital, unless your parents are rich and can gift start-up capital. It's a huge risk to be self-employed. I'm sure we're all aware of the dismal (American) statistics of the likelihood of a business surviving for more than two years. A person may fall out of entrepreneurship more financially burdened than when they entered, even worst than the time they likely had a job (as someone else's slave). If you fail in America it will be difficult to find a job. They may see you as an alpha (unmanageable), flight risk (as soon as you regain start up capital, you're gone again), and theres also the presumed emotional toll of failure. Many aspiring entrepreneurs never get their business off the ground because the magnitude of risk or they wont ever have start-up money or/and they don't have start-up team.

I wouldn't call lifetime employees slaves.... Unless one really stretches the definition. I cant work for someone else for too long but many people can, and ironically enough I'd want to hire them.

ttmacoy:
I really don't get this idea you guys have that being an entrepreneur means you wake he ever you want etc.

As a serious entrepreneur you wake whenever your clients or business needs you and not when you want.

You guys don't really know how much her swirl it takes to build such ideas up from scratch do you? Please read the biographies of the Google guys or even Facebook to see how HARD they worked to start their businesses. How much sacrifice they made.

You nailed it bro, and that's why entrepreneur goes beyond idea, capital and skill; most times I have to sacrifice pleasure to build my biz.

@op confess, you envy entrepreneur, there are lots of investors out there if you understand your game, if you know you can't withstand an entrepreneur just keep working and earn your monthly income, that's if your company continue to survive. entrepreneurs understand its not easy and they've signed to hold the bull by the horn and if the end is favorable, they can still employ you, what i sense from your writeup is complete fear should incase things don't work, but failure is part of the game, real entrepreneur don't fear failure but they fear the fear of failure.

persius555:
The american economy was built by entrepeneurs who saw opportunities and invested. Every big company out there was started by an entrepeneur. Entrepeneurship and paid job go hand in hand. It takes the innovative mind of an entrepeneur to see opportunities that lurk around. Zuckerberg saw an apportunity in social media and pounced on it, today it has over 25,000 work force indirectly or directly. The same goes for microsoft, google, dangote, guiness etc. Entrepeneurship to me is experimentation, failure or sucess, its worth a try. It takes the brilliance of an entrepeneur to convert orange fruit into packaged juice. The most sucessful people in the US are the jews and they are entrepeneurs on their own right, so also are the igbos in nigeria. Though, a lot of businesses fail, every try is worth it.

Exactly what I was thinking. Of course everyone can't be an entrepreneur but the government can't create jobs out of thin air. If there are no businesses, where will employment come from?