You are forgetting that the boss can understate company profits and pocket the difference.
You are forgetting that the boss can increase your responsibilities without increasing your pay.
You are forgetting that the boss can terminate you with 0 repercussions towards them - industrial relations in the country now favours employers massively.
You are forgetting that the boss is asking for loyalty while not rewarding it.
You are forgetting that the boss is asking for well-trained staff while not providing their training.
You are forgetting that most bosses have little to no qualifications in their industry and are merely salesmen who make promises on behalf of the engineers.
You are forgetting that if bosses keep saying their companies are not making much money, they need to close up shop or start working for charities.
You are forgetting that bosses have trouble showing gratitude to staff, and have only demands and complaints.
Wonder where bosses would be if people really rose up.
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.
Many /k wanna start biz but let me tell you 1st... 
Jan 12 2017, 11:58 AM
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