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BEING YOUR OWN BOSS. SELF EMPLOYED, SELF TORTURE.


  • Well here's the reality
    businesses on average 90% fail within the first 2 years
    means that, you have to start 10 businesses and only 1 will be successful
    i didnt make this up, u can search the stats yourself
    being a boss is not easy
    especially if u start the company urself
    there is always Production / Management / Sales;  three big essential foundation for a business
    If the business were say, Website Design Agency like mine = Production is the designer's expertise, they must be able to produce anything the business needs. Management needs to take care of all admin, documentation and staff + budgets
    Sales would be the advertising, marketing and customer service + Feedback
    usually a company needs these 3 experts as the directors to function. Unless you are capable of doing all
    • 1:18am
      Royce Tan

      In order to be capable of doing all, you need to have the experience. meaning that you have to have worked in the Production side (if websites then work as a designer, if food then work as a chef) ; in the Management, (need to work as secretary for that type of company, just to see what kind of admin work is involved in that business). Finally work as a salesman for that industry, to understand your market and consumer.
      • 1:19am
        Royce Tan

        if you can do all that, then you will be superstar, but there is still = Location, Competitors and Market trends that you need to worry about
        Like i said, running your own business is difficult
        unless u became a boss by family business. then you dont need to know shit. the business is already working

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