Employee vs Entrepreneur

Comparison criteriaAn employee that worked in CorporateEntrepreneur – Business founder
1. Difficulty finding a jobLow price. I found a job in a few daysIt’s high. I went for years to my business
2. Organization of the workplace (room, computer, equipment, mentor, ” buns»)Not required. 100% created and funded by the employer companyFully required. It is 100% created and financed at the expense of its own (or borrowed) funds, which immediately entails additional risks
3. work scheduleClear and predictable. I came to work at 9: 00 and left work at 18: 00Incomprehensible and often very rigid (non-normalized). Especially in the first time (months) to launch the project and bring it to a minimum profit
4. Stability and predictability of incomeVery stable. Do you know how much you will earn this month, up to almost RM3000?Quite unstable. You don’t know if you’ll earn a RM (Ringgit) tomorrow or even go into a loss. Or you might have your first bucket of gold within few months. High risk high return!
5. the Need for legal, accounting (tax) and financial literacy at workAlmost not required. To do this, a large company has specialized departments that have already done everything for you: they have issued documents, calculated salaries, and paid taxesRequired at a high level. You have to figure out everything yourself. Register a company, enter into contracts, perform calculations and payroll calculations. You need to pay taxes and make a budget for the next period. (Don’t worry TheStory Berhad are here to help!)
6. the presence of commercial savvy, knowledge in marketing, sales, Analytics, managementNot required. Narrow-profile specialists in a large company have already done everything: they have attracted clients, planned a budget, analysed key performance indicators, hired higher-level managers and trainers who will help and set you tasksRequired at a high level. Without this knowledge, there is nothing to do in any business. Large gaps in even one of these areas are almost guaranteed to lead to the collapse of the business within the first year after launch (Don’t worry TheStory Berhad have strong IT background expertise and able to provide other advice as well)
7. level of responsibilityLow. Usually located within the scope of work responsibilities. The cost of an error for both you and the employer’s company in most jobs does not exceed several tens of thousands of RM.Very high. You are responsible for yourself, employees, and the results of financial and managerial decisions. The price of an error is very high. A wrong decision leads to losses of hundreds of thousands or even millions of RM.
8. Ability to set tasks for yourself and control their implementationNot required in most cases. The company has already decided everything for the employee, so all that remains is to scrupulously perform the tasks assigned. The supervisor will check the quality of their implementation and give feedbackRequired at a high level. Every day you have to plan clearly and set specific goals in different areas. If you have employees, the process becomes several times more complicated

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