In today’s world, there is nothing called right or wrong. It’s only perception matters. Perception makes a difference. Maybe I like the idea of working rather than a family business. Some people do like to be in a comfort zone. Today as the topic is not so different. However, we can make a difference in our thought process. India is a traditional market. The majority of our livelihoods today also dependent on agriculture. In this scenario, the pattern or what I can say needs of family business emerged.
Old School Story:
The family business was the only option we were left with because we use to live in rural areas where urbanization was very far beyond our expectations. We all use to stay in big joint families. Where problems, as well as a solution, was distributed amongst all. Nowadays family business or family issues are treated as a burden. Changes in thinking increase in literacy ratio have a deep impact.
Earlier home was the only school where people used to learn. Nowadays we have schools, colleges moreover, we have coaching to learn new things. As today every family-owned business or job fully dependent on the internet. May things appear very easy, trust us just competition just got 100 times tough. If you have creative, innovative thinking you can get success in both business and job as well. Nowadays all youngsters dream of having an additional income. they try to manage both sides by side.
Pros of Business:
If you have a business, you must have a clear view of your business for the next few years. you need to plan accordingly. Optimum use of available resources. You can design your structure, implement your solutions. Profits need not distributed; credit only goes to you. There are no restrictions on qualifications or previous work experience. You may find such an energizing environment or comforting. Any innovation can be implemented by you without any consent from anyone. A business model can be changed as per owners’ will or markets demand.
Pros of Job:
You have fixed working hours. You enjoy the privilege of having experience. You are not blamed for any consequences directly. End of the day you earn a good salary even if it is a bad day for you. You don’t end up getting into politics or group conflict. You enjoy royalty, feel superior. You get promoted for the work which you have not done it directly. A job can be treated as a Paid learning period. It doesn’t impact you directly for some risks. Job gives us a carefree life. Family time can be handled with ease as you are aware of your schedules beforehand.
Commitment is such a thing it has to be given both by job or family business. Commitment costs you your career in both situations. Continuously improvement we also say KAIZEN ( in Japanese), needs to be considered for successful results. It can drive to give positive outcomes. Sometimes it can help you achieve a monopoly in your work so that others can be directly dependent on you. Sometimes people also delegate their work. But staying true to the facts is very important.
Although both job or family-owned business provides a livelihood, it impacts the status of livelihood. Job holders have the same lifestyle throughout their lives. Consistency can be achieved in a job. However, in business sometimes you have huge profits get appreciated or enjoy a good position in society. On the contrary, we can also be fined in some situations with no income, huge losses, debts, etc. Livelihood is a basic right of all creatures one should be wise enough while making their choices.
Nowadays the Modi Government, came up with a lot many schemes for both job and family business. So, the responsibility and skill set has to be chosen wisely so that there can be the utmost satisfaction. If a person opts for a business, he employed all others. People who get employed they enjoy fixing wages fix holidays and bonus. A person who opts for the business gets subsidized benefits in one or many other forms.
Both jobs and business have their risk factors. A business person should have a calm mindset, spontaneity, solutions to all problems able to forecast, overall he should be an outstanding salesperson. In a job may be your career just doesn’t climb the ladder. always have a fear to work beneath a supervisor, if your skillset is old he an employee any other person for this. It can cost both time and monetary value. Fear is the biggest backlog in which a person can stop himself from being the best in his life all the time.
Perception answers to which is better a job or family-owned business. In my opinion, it completely depends on how well you know yourself. Knowing yourself answers all your questions and everything. Sometimes being in a safe zone handling a well-established business can lead you to a peaceful life and maybe sometimes you can feel what I have studied should be used according to my profession. Risk factor, Govt benefits, skill set and core responsibilities of our family makes us believe that whatever decision we have taken is the best of our knowledge. Believing in ourselves helps us to be in peace.
I must appreciate that healthy tough competition exists in all places whether it is a business or a job. If we can handle the crisis, we can do anything in the world. Crisis management to us is as important as disaster management to the government. Both are unpredictable; however, both can be managed according to preplanning. Problems are the solution givers. It helps you explore a different you in yourself. The best thing is if you don’t find a solution to keep doing whatever you are doing it now. Either you will develop some interest or else you can find a good reason to change yourself.
Also Read :