What are the advantages of establishing a business while employed?

Joined
Oct 3, 2023
Messages
7,839
Reaction score
580
Trophy Points
7
Location
Philippines
D Bucks
💵5.951013
Referral Credit
0
Establishing a business while still employed provides greater financial stability. Your salary can cover your expenses while the business grows, allowing for low-risk testing of your business idea before becoming a full-time entrepreneur. In addition, you can use the network you already have in your workplace and beyond to build valuable connections. What else can you add?
 
This way you have another source where you can get capital from to invest and build your business. You are also gaining experience as you work under someone else that would help you build yours.
 
As long as you have the right manpower there is nothing impossible to manage the business despite employed. You can tract the workers through the help of one or two members in the family to monitor your business while you're at work.
 
It is what I am doing. I am employed , yet, I also manage an offline and online business. I feel the financial security, but I am still establishing my business to its stability. It is still crucial.
Yes it is good to have the two for financial security and stability. You don't need to depend on only one source of income
 
Yes it is good to have the two for financial security and stability. You don't need to depend on only one source of income
I agree that financial stability is good when you have an employment and a running business. But the stress can be so demanding that one might develop a stress related disease.
 
I agree that financial stability is good when you have an employment and a running business. But the stress can be so demanding that one might develop a stress related disease.
This is where life work balance comes in. You know your limit as such you should only do it to your capacity and that's it
 
22,077Threads
158,695Messages
494Members
JokerBBCLatest member
Top