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/biz/ - Business & Finance

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1548869 No.1548869 [Reply] [Original]

Do people really believe that the only way to become rich is to work for yourself? Is that some way of consoling yourself after failing to fit in or getting passed over too many times for your promotion? News flash, most people get rich just by showing up to fucking work and kicking ass. Spend literally 5 minutes on Glassdoor looking up salaries. It's incredibly easy to see that anyone working as a manager, director, associate or C-level executive can pull 6 or 7 figures. Honestly, I prefer working for a great company. Let the shareholders shoulder all the risk. Obviously people get rich starting their own businesses, but those people are few and far between.

>> No.1548892

>>1548869
your point is fair and most people on this board are salaried employees so don't pay too much attention to the memes.

however, imagine spending 4-6 years with 8 hours a day devoted to studying a certain product or service/business model/marketable skill. you would get pretty knowledgable about it and then imagine starting a business selling that product/service/marketable skill and working 8 hours a day for 10 years (let's assume this is what it would take to earn 6-7 figures in an office on top of luck, skill, and drive). If you're smart, and driven, you would become very good at what you do and would be making bank. You also would be in charge of who gets paid what, the hours you work, when people are hired or fired, etc.

it's obvious business isn't for everyone, but for most smart people it's more money than a corporate job, with all the control you give up in a corporate job.

>> No.1548900

>>1548892
If you are really smart, you start a company hands off, and hire somebody else to do the leadership work. You just have to factor their salary into your business plan. If a business plan is good enough it takes effort to set up a business, and from there its smooth sailing.

>> No.1548902

>>1548892
>control you give up
On the contrary, as a desirable person you can have so much control. People constantly try and recruit you, companies are afraid to lose you, etc. In many situations it makes more sense to stay with an established company. Think about working for JP Morgan, GE, Nabisco- there is so much infrastructure in place that you could never hope to implement by yourself. These companies are behemoths that have been built over decades. And their top performers are compensated extremely well without having a lot of skin in the game. As an owner you have a lot more stress and risk, and it doesn't always pay off. Whether my employer survives or dies, I still get paid.

>> No.1548909

>>1548869
>most people get rich just by showing up to fucking work and kicking ass.

False. Most millionaires and all billionaires had a company and a good portion had real etate dealings

Although in most cases real estate keeps you rich more than makes you rich

Literally just google it

>> No.1548915

>>1548902
so you just select the best 1% of jobs out there and compare them to 100% of businesses.

compare the best 1% of jobs to the best 1% of businesses. it's easy to see which pays more or has more control.

>>1548900
not as easy as you're making it out to be, and prevents you from being gates, jobs, zuckerberg status. but yeah.

>> No.1548932

>>1548909
>Most millionaires and all billionaires
Actually most millionaires and billionaires inherited that wealth.