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Would you start your own business

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  • #16
    hmm Just to clarify, there are business that don't need much cash, the year fund is actually for living expenses, not for the business startup.
    Or, assume you also have the funds for the business start up besides the year salary on the bank.

    Does that change anybody's answer?

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    • #17
      Well, I am not a huge fan of Rich Dad/Poor Dad but I think Kisoyaki has a point - to make money, you either have to be an "investor" or a "business owner" - being self-employed or an employee is not a path to wealth.

      I think the new "economy" is pushing people to "diversify" their career. Like DS - he is an employee with a side business. Mirrored to that, I am a business owner who "moonlights" and contracts out my skills/education/training.

      Having your career/income all in one basket doesn't seem wise to me nowadays and something I will guide my sons to in years to come.

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