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admin
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Joined: 18 Oct 2008
Posts: 40
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 Posted: Thu Dec 04, 2008 10:23 pm Post subject: Self Employed vs Work for a company |
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I hope to get advice from people who have already been in my shoes. My partner and I run a small company in S.Ca. We are completely different people and went to business not even knowing each other well. My partner is a great guy, but he is not a good agent, doesn't know coverages well, and doesn't really care about self improvement. I, on the other hand, do all the quoting, marketing, business development and part of the service. However, my partner used to bring in more business. All in all i feel, that we will not be able to grow the company much further (we have 650,000 in GP in 18 month). Now, a week ago, i received a call from a recruiter and she offered me an interesting position in a large insurance/Risk Management company. I went through the interview and got the offer. Again, i wasn't really intrested in a job. Now, i am debating of what should i do: I know for a fact that i don't want to stay in business with my partner. I, in my opinion, have the following options: Buy my partner out (i have a good feeling he will sell it to me) and continue on my own, sell the company and work for somebody else. I really don't know what to do, as i feel by selling the company i set myself for a failure. On the other hand, I just got married, my wife is finishing her degree and we need a stable paycheck. What would you do?
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sweethome
Joined: 19 Sep 2009
Posts: 4
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| Posted: Sat Sep 19, 2009 4:35 am Post subject: |
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If you think you can be a freelancer and earning more for it then I guess it is much better to become a freelancer because you are the boss of yourself and you can spend much time to yourself and your family as well
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BusyMom
Joined: 07 Sep 2010
Posts: 2
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| Posted: Tue Sep 07, 2010 7:26 am Post subject: |
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I have always had this thought in my mind, "Nobody gets rich as an employee." If you want to get rich, you have to take the risk and start a business of your own and hopefully, be able to earn and save faster to become an investor so you won't need to work for money anymore but make your money work for you.
However, starting a business is not easy and it does not always ensure success. Having a business usually entails more hours of work, more stress, and of course the risk of making it or crashing it.
But if you feel that you are after stability at the time being, then you can opt for being an employee for the meantime.
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lahm22
Joined: 23 Oct 2010
Posts: 2
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| Posted: Sat Oct 23, 2010 2:23 am Post subject: |
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I have been a freelancer for a year now and I am planning on finding work on the field. I think working on a company is still better because the experience is an additional plus on a resume and you will have a chance to get promoted. I love my job as a freelancer but I too wants to become a boss of my own and have experience in the outer world.
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Mumay
Joined: 08 Jul 2011
Posts: 2
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| Posted: Sat Jul 09, 2011 12:28 pm Post subject: |
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I think online freelancing is recommended for people who has great work ethics and strong self discipline. I mean, working from home offers a lot of convenience. You can choose your working hours, you can work on your bed and you can choose not to work at all. I personally suffered from procrastination during early times. I think working from home is best for single individuals.
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