Meh, the way u want to go with doing business is not focusing on business itself, but focusing on u. When u improved, ur business will improve.

The reason u are stuck 24/7 with ur business is lack of knowledge. Keep studying and research. Improve urself, then u will find it easy to do it.

Let me simplify that I was referring to work hard and save for future. I'm not expecting much but at least some financial backup when I might be struck with some incident which requiring me to some financial assistance.

It's not really about expectation that I working onto but rather misfortune things happen where asking for help is simple out of questions then.

Yes, those rural folks are more happy and content with their life. Can you drop whatever you are doing right now and move to rural areas and live your life as new?

If you can do that, I bet you won't even need to open this thread then.

Sorry if I might sound offending but I'm not.

World is never easy la ....... in WW1 and WW2 all the front liners who try to win a battle die, you think they got any chance to succeed if they chicken out like you? Sacrifice had to be made in an attempt to have that possibility of winning.

Also if everyone is kept with the mind set of "Oh I'll just keep working for a boss only no need to worry about anything else" you will then never learn or improve your salary will never go up.

Part of working is to understand how a business work and able to share boss problems, when you are very good at it those are no longer problems those became challenge. One day when your boss want to retire or when you are old and experience enough a boss would hope you carry that banner and become your own boss.

Company that hope you become worker forever are not worth staying, because they are not letting you grow.

What I sense in your advice is "gain more experience" before consider venturing into business especially if its a totally unrelated field. Don't rush and butt head a wall you don't know what its made out of"

But instead your list of words make it sound like "Don't ever be a boss".

wait another 10 years come back here & update us.

Fire is always fiery the early years. Just like chicken droppings is always hot for first 3 minutes.

With economy going down, many /k started asking question about starting their own business.

My advise is: "Don't."

Many people like you had a decent job but decided to venture into the business world & end up going back a 9-5 job instead, and no it's not because they lost money or business was bad, these are the secrets no businessmen will tell you.

1.Being the Owner is very different from being an Employee, Employees typically work 9-5, once finish work they don't need to worry about job, some work OT but they get paid, some prefer to bring their work back home but it's their own choice. Thing is most employees don't need to think about their jobs when they go home. Owners, on the other hand, have to think about their business & work 24/7, while you are happily streaming youtube or browsing fb at home your boss is pulling his hair thinking about the business.

2.You don't need to worry about Company's revenue, it's company's money, boss problem, not yours. You do your part that is all you need to do. Boss, on the other hand have to think about their financial status 24/7, worry about shareholders, worry about company sustainability, worry about not able to pay their employees, worry not able to give good bonus to employees, worry about stock value falling, worry about not getting their business licensed renewed, worry about local religious agencies, worry about local councils etc.

3.You might feel you are the one doing all the jobs, and boss looks like goyang kaki, well, if their job is to look like what you are doing why bother hiring you? Because many things they need to do don't get shown to you employees like they show in the movies, they have to handle higher level jobs that you cannot handle, like lobbying with government, finding & negotiating with clients & suppliers, making crucial decisions.

4.Boss need to worry about business survival & bankruptcy, you don't need to worry about anything even if company business is bad. worst case company close down you find another job in another company, while Boss, lost money is lost and they have to find ways to recover, might take 3 years, might take 20, some never did.

5.Boss have to worry about how to use their wealth, with so much money comes so much burden, which car to buy? which house is better investment? should they go Tag, Rolex or IWC? Which golf club is better? They worry what if they bought the wrong Ferrari that doesn't suit them? What to do with so many golf clubs at home? Which country should they go for vacation? You on the other hand has much less to worry about because you can't afford many things so you don't think about them, you just focus on few things in life, and since you don't have much choice you feel easily content. Content means satisfied, a satisfied person is a happy person. You don't have to worry about the money in your banks. Remember this:"You are not your bank account(s)". Having more stuffs also means more "Weights" in life.

6.Boss have to make wise decision in who to hire, who to manage their operations, who they trust, who to befriend with, whom to Marry, who won't betray or take advantage of them while you, anyone also can be friends because you are just a normal person, so they say sugar attracts ants, you have less sugar, so less ants.

7.You can take rest during office hours, take a smoking break, browse /k, play handphones, because you see your boss always playing with his phone(s), well what you don't know is he is probably texting the financial minister for business opportunities while you are shooting angry birds down. You think you are doing the same thing your boss is doing, well, think otherwise.

8.If things go really bad, you can just pack up & leave, business owners can't do that, they have their business, and employees to take care of.

9.Boss income varies, while yours is fixed. Yea on good years they make more money, but on bad years they have to pay your salary out of their own pockets. You know you can pay your car loans next month because you will have your fixed salary, boss have to lelong their houses when business is bad because they have to pay your salary so you can continue servicing your loans and not get your car towed.

The responsibilities & stress business owners carry is too much, losing sleep is a common thing, this is why many business owners decide to go back to their 9-5 deskjob because it's much easier. You, on the other hand, want to jump into the fire, they came out from the fire burnt telling you not to, but still, you jumped in, and get burnt.

With economy going down, many /k started asking question about starting their own business.

My advise is: "Don't."

Many people like you had a decent job but decided to venture into the business world & end up going back a 9-5 job instead, and no it's not because they lost money or business was bad, these are the secrets no businessmen will tell you.

1.Being the Owner is very different from being an Employee, Employees typically work 9-5, once finish work they don't need to worry about job, some work OT but they get paid, some prefer to bring their work back home but it's their own choice. Thing is most employees don't need to think about their jobs when they go home. Owners, on the other hand, have to think about their business & work 24/7, while you are happily streaming youtube or browsing fb at home your boss is pulling his hair thinking about the business.

2.You don't need to worry about Company's revenue, it's company's money, boss problem, not yours. You do your part that is all you need to do. Boss, on the other hand have to think about their financial status 24/7, worry about shareholders, worry about company sustainability, worry about not able to pay their employees, worry not able to give good bonus to employees, worry about stock value falling, worry about not getting their business licensed renewed, worry about local religious agencies, worry about local councils etc.

3.You might feel you are the one doing all the jobs, and boss looks like goyang kaki, well, if their job is to look like what you are doing why bother hiring you? Because many things they need to do don't get shown to you employees like they show in the movies, they have to handle higher level jobs that you cannot handle, like lobbying with government, finding & negotiating with clients & suppliers, making crucial decisions.

4.Boss need to worry about business survival & bankruptcy, you don't need to worry about anything even if company business is bad. worst case company close down you find another job in another company, while Boss, lost money is lost and they have to find ways to recover, might take 3 years, might take 20, some never did.

5.Boss have to worry about how to use their wealth, with so much money comes so much burden, which car to buy? which house is better investment? should they go Tag, Rolex or IWC? Which golf club is better? They worry what if they bought the wrong Ferrari that doesn't suit them? What to do with so many golf clubs at home? Which country should they go for vacation? You on the other hand has much less to worry about because you can't afford many things so you don't think about them, you just focus on few things in life, and since you don't have much choice you feel easily content. Content means satisfied, a satisfied person is a happy person. You don't have to worry about the money in your banks. Remember this:"You are not your bank account(s)". Having more stuffs also means more "Weights" in life.

6.Boss have to make wise decision in who to hire, who to manage their operations, who they trust, who to befriend with, whom to Marry, who won't betray or take advantage of them while you, anyone also can be friends because you are just a normal person, so they say sugar attracts ants, you have less sugar, so less ants.

7.You can take rest during office hours, take a smoking break, browse /k, play handphones, because you see your boss always playing with his phone(s), well what you don't know is he is probably texting the financial minister for business opportunities while you are shooting angry birds down. You think you are doing the same thing your boss is doing, well, think otherwise.

8.If things go really bad, you can just pack up & leave, business owners can't do that, they have their business, and employees to take care of.

9.Boss income varies, while yours is fixed. Yea on good years they make more money, but on bad years they have to pay your salary out of their own pockets. You know you can pay your car loans next month because you will have your fixed salary, boss have to lelong their houses when business is bad because they have to pay your salary so you can continue servicing your loans and not get your car towed.

The responsibilities & stress business owners carry is too much, losing sleep is a common thing, this is why many business owners decide to go back to their 9-5 deskjob because it's much easier. You, on the other hand, want to jump into the fire, they came out from the fire burnt telling you not to, but still, you jumped in, and get burnt.

Although I might have been pessimistic about life and how things have been so far, I certainly wish them all the best.

Everyone has to work out something no matter its good or bad. It's just how one started to venture by themselves which they have to deal it.

For better or worse, be prepared to change, optimistic, and most importantly constantly improving oneself.

Bad things happen all the time but that doesn't mean to everyone.

At /k, we get to see a lot of true or not so true stuff. That's life. Life has different perspective from what we can see and hear.

Just try to work for the difference.

With economy going down, many /k started asking question about starting their own business.

My advise is: "Don't."

Many people like you had a decent job but decided to venture into the business world & end up going back a 9-5 job instead, and no it's not because they lost money or business was bad, these are the secrets no businessmen will tell you.

1.Being the Owner is very different from being an Employee, Employees typically work 9-5, once finish work they don't need to worry about job, some work OT but they get paid, some prefer to bring their work back home but it's their own choice. Thing is most employees don't need to think about their jobs when they go home. Owners, on the other hand, have to think about their business & work 24/7, while you are happily streaming youtube or browsing fb at home your boss is pulling his hair thinking about the business.

2.You don't need to worry about Company's revenue, it's company's money, boss problem, not yours. You do your part that is all you need to do. Boss, on the other hand have to think about their financial status 24/7, worry about shareholders, worry about company sustainability, worry about not able to pay their employees, worry not able to give good bonus to employees, worry about stock value falling, worry about not getting their business licensed renewed, worry about local religious agencies, worry about local councils etc.

3.You might feel you are the one doing all the jobs, and boss looks like goyang kaki, well, if their job is to look like what you are doing why bother hiring you? Because many things they need to do don't get shown to you employees like they show in the movies, they have to handle higher level jobs that you cannot handle, like lobbying with government, finding & negotiating with clients & suppliers, making crucial decisions.

4.Boss need to worry about business survival & bankruptcy, you don't need to worry about anything even if company business is bad. worst case company close down you find another job in another company, while Boss, lost money is lost and they have to find ways to recover, might take 3 years, might take 20, some never did.

5.Boss have to worry about how to use their wealth, with so much money comes so much burden, which car to buy? which house is better investment? should they go Tag, Rolex or IWC? Which golf club is better? They worry what if they bought the wrong Ferrari that doesn't suit them? What to do with so many golf clubs at home? Which country should they go for vacation? You on the other hand has much less to worry about because you can't afford many things so you don't think about them, you just focus on few things in life, and since you don't have much choice you feel easily content. Content means satisfied, a satisfied person is a happy person. You don't have to worry about the money in your banks. Remember this:"You are not your bank account(s)". Having more stuffs also means more "Weights" in life.

6.Boss have to make wise decision in who to hire, who to manage their operations, who they trust, who to befriend with, whom to Marry, who won't betray or take advantage of them while you, anyone also can be friends because you are just a normal person, so they say sugar attracts ants, you have less sugar, so less ants.

7.You can take rest during office hours, take a smoking break, browse /k, play handphones, because you see your boss always playing with his phone(s), well what you don't know is he is probably texting the financial minister for business opportunities while you are shooting angry birds down. You think you are doing the same thing your boss is doing, well, think otherwise.

8.If things go really bad, you can just pack up & leave, business owners can't do that, they have their business, and employees to take care of.

9.Boss income varies, while yours is fixed. Yea on good years they make more money, but on bad years they have to pay your salary out of their own pockets. You know you can pay your car loans next month because you will have your fixed salary, boss have to lelong their houses when business is bad because they have to pay your salary so you can continue servicing your loans and not get your car towed.

The responsibilities & stress business owners carry is too much, losing sleep is a common thing, this is why many business owners decide to go back to their 9-5 deskjob because it's much easier. You, on the other hand, want to jump into the fire, they came out from the fire burnt telling you not to, but still, you jumped in, and get burnt.

that is why insurance & medical saving schemes are there. also there is FD to cover inflation.

As for your 2nd question, i'm sure for most people, as long as there is electricity, water, internet & good security and easy access to food & post office they won't mind moving there. problem is they can't find the job they want.

My friend, if you do a little bit of calculation, you will be afraid that FD somehow doesn't cover inflation but maybe half of it which is better than none. If you want to, you might need to learn how to allocate your fund into other investment in order to help you stay or beat the inflation.

I don't think rural area people need to focus on internet and good security though. Electricity and water is essential as well as other amenities. I don't think food is a major concern whereby if you can either grow your own or mingle with your neighbour in a community kind of lifestyle of stuff.

I used to stay in rural areas during my childhood in Gemencheh, try google it and it's a small town. It's easier to say that life there is really lay back, but can anyone live within their urge on basic electricity and water?

If you think job is stopping one from moving there, I guess it comes to a point whereby there is no other alternative than to either work for an employer or be employer and work for it.

I'm sure ASB return is much higher than many business.

they way you say it either you running a small business you don't really care if it fails because the stake is low or your running a Billion dollar corporate with full staffs & assistance to handle to day to day business operations and you just need to consult & sign.

Yes, in fact, if you are comfortable with what you are doing and living, I'm pretty sure everything is fine and anything can be worked out in the near future.

All the best to you then.

Bro, some of people i met, loss a lot more.

They themselve is not from wealthy family. But they survived. That is why knowledge is important.

I am not refuting ur words on working first then do business but to avoid it altogether is also wrong.

Anyway, maybe u can mingle out more, talk with those who at 5th year doing a legit business. I think they are at the right time, exp enough but still have a long way to go. They are more than happy to share their knowledge and exp.

Just so u know, even if u want to be an employee, u also need to learn almost the same thing. Social, technical, management. Unless u aim to be a cashier until ur grankid, if u dun have these, u r screwed.

Anyway, just to counter balance ur gloomy perspective on business, just remember this, I am one of the million of degree owner that is literally unemployed. There will come a time where ur company will sack u for cheaper alternatives, or because they downsized, no raise in years, and even increase ur  workload without paying u more.

Job security? Have u ever heard of company that will not fire or let go their employee, even their best one? Thought so.

I think people are forgetting 1996~1999.

My father is one the people got VSS. Till now i resent Sapura for it.

Well, I am not cursing people to get VSS or worse, laid off. But it is just a proof that being an employee is not that rosey.

i believe if you have a strong business plan, you wont fail.

everyone can blame the economy when it is bad but are you saying no company will survive during bad economy?

example of two companies that was doing extremely well during this current economy crisis is Hap Seng and Ekovest. These two companies are not selling ordinary goods which ordinary people can afford to buy. They are selling luxury products which costs a fortune to some. Yet they sold even more as compared to better economy days.

I think people are forgetting 1996~1999.

The amount of suicide cases on businessman & investors facing bankruptcy.

I'm sure if in Japan, it's common for employees do suicide over the lost of their jobs.