Entrepreneur vs Employee: the lowdown

Entrepreneur vs Employee: the lowdown

Here are the pros and cons of being an employee:

* Pro: You know exactly how much money you will make in an hour/day/week/year
* Pro: You know exactly when you are going to work (for the most part)
* Pro: ‘Safe,’ ‘Easy’
* Pro: ‘Benefits’
* Con: Layoffs at an all-time high, saturated job market
* Con: Left to fulfill the demand of the job market
* Con: Limited income potential, limited by time
* Con: You work for 45 years and own maybe a house and a few cars
* Con: Spend a lot of time away from family
* Con: Spend a lot of time with idiots and negative people (very bad for you)
* Con: Costs more and more with 4-8 years to get a degree / masters
* Con: Retire broke
* Con: A lot of your money goes to the worst money-managers: the government

Here are the pros and cons of being an entrepreneur:

* Pro: Set your own hours
* Pro: Lots of tax breaks!
* Pro: Set your own hours
* Pro: Unlimited income potential, limited by your expertise and product
* Pro: Retire young and wealthy
* Pro: Spend time with the people you want to spend time with (family friends)
* Pro: Spend time with leaders in your industry, with similar mindsets
* Pro: Can get started in a business and be "earning" with less than £5k
* Pro: Create the jobs that are filled by the employees
* Con: Need to buy your own benefits
* Con: Can take a lot of commitment and time to get started
* Con: Can be ‘difficult’ if you aren’t used to it
* ‘Con’: You don’t know how much money you will make… can be good or bad
* ‘Con’: Paid by results, can be good or bad

So it's up to you :)