Where Knowledge Rules

Jobs & Careers:

Job Search

Get a Widget for this title

Why most people choose a fixed income over owning a business

would have gotten off of the ground.

That's precisely why I would never consider starting a business. I like my four weeks of vacation and ten paid holidays way too much. Often, the only way a small business owner can get a week off is to shut things down; however, more often than not, it's a matter of working one's fingers to the bone 24/7/365. Throw in an occasional sick call and the fact that somebody else is doing all of my accounting work free gratis, and it's easy to see why starting a business isn't everybody's cup of tea. Instead, it's even more of a reason to salute anyone with the intestinal fortitude to venture into the business world.

All of these "cons" are attributable to a successful business. Now it's time to consider the fact that most businesses go belly up in a matter of months. What is a prospective business owner going to market these days that Wal-Mart can't sell for less? Given people's fascination with fast food and chain restaurants, it's no wonder that mom and pop eateries close their doors everyday. Want to do a service instead of selling goods? Well, the Orkin and Roto-Rooter men are well known and far easier to find in the phone book. For those (like myself) who aren't the poster children for the Go-Getters Club, my advice is to remain joined at the hip with the day job. Nothing is more gratifying with fulfilling Horatio Alger's dreams, but the risks and lack of rewards are enough to scare off the majority of people.

Learn more about this author, T.C Leonard.
Contact this writer Click here to send this author comments or questions.


Below are the top articles rated and ranked by Helium members on:

Why most people choose a fixed income over owning a business

  • 1 of 11

    by Todd Pheifer

    Owning a business has a certain appeal. Granted, some of that appeal can be romanticized, as people focus on the positives

    read more

  • 2 of 11

    by Rhonda M.

    Everyone knows that to survive you must have an income. It is also known that business owners have bigger returns than those

    read more

  • 3 of 11

    by T.C Leonard

    For any type of business to succeed, those who are self-employed will have to suffer through the most tyrannical boss imaginable.

    read more

  • 4 of 11

    by Tammy Lim

    Having a fixed income provides financial security, stability and ensures that people has an income to support their daily

    read more

  • 5 of 11

    by Christine Zibas

    Most people choose to work for an employer rather than owning their own business for a simple reason: risk. People who work

    read more

View All Articles on:
Why most people choose a fixed income over owning a business

Add your voice

Know something about Why most people choose a fixed income over owning a business?
We want to hear your view. Write_penWrite now!

Helium Debate

Cast your vote!

Job interviews: Does body language give you away?

Click for your side.

87032

Featured Partner

Goldwater Institute

The Goldwater Institute was founded in 1988 by a small group of entrepreneurial Arizonans with the blessing of Senato...more

What is Helium? | Buy Web Content | Contact Us | Privacy | User agreement | DMCA | User Tools | Help | Community | Helium’s Official Blog | Link to Helium

Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA