QUOTE(advocado @ Jan 12 2017, 10:48 AM)
i can say majority of people here thinking of jumping into a sector that has little to do with their job & expertise, like opening restaurants when they don't know how to cook, or never cooked in their life, or jumping into cafe, clothing, fashion, and most of them know nothing about economics, finance & accountings.
rarely people venture into the business they profess in, because they know entry barrier is high and lots of hidden tapes or cables you need, so they gave up their profession and venture into something they think is "Open Market". Not knowing there is no such thing as Open Market, every Market has their Big Players, just some you don't see them because they open shops with different names or under different companies.
those that start their own biz in their professional field usually highly skilled in the field, but these people are very rare, usually they get promoted high enough or gets some perks so they don't leave their comfort zones, many that do, end up going back as employee due to the stress that came with the money.
sure, tell you you will make $1 million this year you will raise both hands without thinking, later, you start to regret the time & effort & stress involved.
Yes, often times I do heard of that but most of the time, they tend to forget about their plan like cafe, clothing and etc. There might be others jumping into a sector due to their personal interest or conflict which I came to know a few, whereby they did very well in the engineering line and they choose to open the door and jump into the sea in search of their life.
Mind to tell you that three of my friends did that last year and I found them doing quite well although not as good as being employed and they seems energetic chasing after what is more actual life-full kind of objectives.
From one out of them, he utilized his professions as well as his connection which really helps him a lot though.
It's hard to believe hard work really pays off nowadays unless we consciously know how to break the barrier and plan ahead.