The entrepreneur or potential MSME
owner is a risk-taker according to general opinion but planning makes the risks
not foolish but calculated. When self-employed you run the risk of our business
not doing well and when this happens you also earn less. If this situation
isn’t addressed your business could end up broke, in debt or experience
failure. This is a big risk associated with entrepreneurship but many
entrepreneurs have pulled themselves out of debt or started other successful
businesses. The same threat applies to employees via money mismanagement but
there’s also the possibility of an additional risk. Which is either getting the
sack or in some other way losing one’s job.
For years’ employees have been
obsessed with the term “Job security” which means having a good job, a steady
salary and the opportunity of a good pension to take care of needs when
retired. However, if you look at what is happening all over the world today more
people are working past their retirement age for lack of adequate money in
their old age to take care of bills. Nationalism, privatisation, technology, mergers
and acquisitions are kicking people out of jobs, there’s increase in downsizing
and redundancies. The pension situation is also disheartening because people
are realising that they worked all their lives and there is no money to pay
their pension! Surely if this is the case these days then being an employee
does not guarantee “Job security” but “Job risk” because people risk the whole
of their lives working as employees to grow an organisation and get nothing or
headaches when they should be resting and retired.
The biggest "job risk" in life therefore
is to work for some company and leave with nothing. There is more security in
being able to determine your career path, income, and pension. When it’s your
company you have that opportunity provided you handle your firm and finances
prudently. Hence, successful entrepreneurs build and achieve “Career Security”.
Why do we work now? To earn, to
build our capacity to live our best lives through work or entrepreneurial dreams, to
afford our desires, for our children or dependents, for a good retirement, to
build wealth and in some cases to leave a legacy. Every individual has the
power of choice so you have to choose the path (become an intraprenuerial
employee or entrepreneur) which will in the long run be less of a risk.
We wish you the best as you achieve Career Security.
2. How to Start Your Own Business: Entrepreneurship Career Edition 2 (Entrepreneurship Career Startup Edition Book 1)
3. Mu Koyi Sana’a (Hausa Entrepreneurship Book)
4. The Entrepreneurs Tool kit. The African Business Roundtable (ABR).
5. A Practical Guide: How to Start and Grow Your Own Business.
6. Effective Ways to Know, Manage or Motivate your Team to Attain High Profitability.
Contact us Dr Beeka Academy by completing the contact form in this blogspot for your education, training or consultancy needs
or
Buy a #Book today @amazon contribute to your #career development https://tinyurl.com/yasp6so8 http://tiny.cc/4spjdz #Intrapreneur #Entrepreneur #Employability #EntrepreneurshipCareer #LEAD
or
Buy a #Book today @amazon contribute to your #career development https://tinyurl.com/yasp6so8 http://tiny.cc/4spjdz #Intrapreneur #Entrepreneur #Employability #EntrepreneurshipCareer #LEAD
7. Beeka, B. H (2015) Entrepreneurship as a Viable
Career Choice for Nigerian Youth. Sheffield Business School, Sheffield
Hallam University Doctor of Philosophy Thesis.
JOURNALS
SHEFFIELD DOCTORAL CONFERENCE: WON BEST PAPER
10. Beeka, B. (2011) Entrepreneurship as a career choice: Opportunity recognition model from an emerging economy. In Lee, B and Palmer, N.J (Eds) Sheffield Doctoral Conference Proceedings, pp. 19-36. Sheffield: The University of Sheffield Management School Research Office.
#LEAD #ECC #Career #Employability #Intrapreneurship #Entrepreneurship #DrBeekaAcademy


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