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Employee vs Business Owner

Your Guide to Career Paths

Key Differences

Employee

  • πŸ’Ό Trade time for money
  • ⏰ Someone else sets your schedule
  • πŸ“‹ Limited responsibility
  • β›” Income stops when you stop working

Business Owner

  • πŸ—οΈ Build systems that make money
  • 🎯 You control everything
  • πŸ’ͺ Full responsibility
  • ♾️ Income can grow beyond your hours

Being an Employee

Pros (Good Things):

  • Steady paycheck every week or month
  • Health insurance and benefits
  • Less stress - not responsible for everything
  • Clock out and go home - clear work/life separation

Cons (Challenges):

  • Income has a ceiling - can only make so much
  • Can get laid off or fired
  • Limited control over your schedule and work
  • Companies see you as a cost to minimize

Owning a Business

Pros (Good Things):

  • No limit on how much you can make
  • You're the boss - full control
  • Build something that's yours
  • Can't get fired or laid off

Cons (Challenges):

  • Income is unpredictable, especially at first
  • You risk your own money
  • Responsible for EVERYTHING
  • Often work more hours than any job

Why This Matters When Times Are Tough

When the economy is bad and companies are laying people off or paying less, here's what happens:

As an Employee:

  • 100+ people applying for same job
  • Companies offer lower pay (they can)
  • Your security depends on one company
  • Getting hired takes months

As a Business Owner:

  • You solve problems people still have
  • You set your own prices
  • Multiple customers = more security
  • Start making money immediately

What Skills Do You Need?

Here's the truth: Different people are good at different things. Figure out what YOU'RE good at, and use it!

🎨 Creative Skills

Good at: Art, design, writing, music, making things, thinking differently

πŸ‘₯ People Skills

Good at: Talking to people, making friends, explaining things, leadership, understanding others

🎯 Focus & Detail Skills

Good at: Staying organized, focusing for long periods, following through, details, solving problems step-by-step

The Real Talk:

You don't need to be good at EVERYTHING. You need to:

  1. Figure out what you're naturally good at
  2. Find a problem you can solve with those skills
  3. Start small and learn as you go
  4. Find partners or hire people for what you're NOT good at

The biggest skill? Just starting. Most people never even try.

So What Should You Do?

There's no "right" answer. Some people love the stability of being an employee. Others need the freedom of running their own thing. Many people do both!

Here's What Successful People Do:

  • βœ… They try different things while they're young
  • βœ… They learn skills that are valuable anywhere
  • βœ… They pay attention to problems people have
  • βœ… They're not afraid to start small
  • βœ… They learn from failures and keep going

You're in high school. This is the PERFECT time to experiment. Start a small business. Get a part-time job. Try both. See what fits YOU.