Saturday, 1 February 2020

JOB RISK OR CAREER SECURITY


 

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.


DOCTORATE THESIS

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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