Telling people that it’s always better to have your own business than to have a job is bad advice. That advice is condescending and insulting to those who find contentment in their jobs and irresponsible for those who do not have the means or the temperament to run a business.
Frankly, I’m sick and tired of these so-called personal development “gurus” making people feel bad and playing into their people’s insecurities about money. They give a big spiel about how bad it is “working for the man” and how you have to achieve “freedom”.
And in doing so, they give people a romantic notion of having a business that does not square with reality.
So, today we will discuss 5 reasons why it’s better to have a job than running your own business.
5 Reasons Why Jobs Are Better Than Business
1. Job Is More Secure
Security is the #1 reason people have jobs. Now, some personal development gurus will tell you there is no job security. And in this economy, it sounds like the right advice. I mean, you could get laid off at any time.
But does that mean starting a business is that much more secure? It is a bitter fact that most new businesses go under within 2 years.
Most people keep their jobs longer than 2 years. In a direct comparison, a job provides way more security.
Lose your job and you can find another one. Lose your business and you could lose your house or entire lifetime earnings.