BY AMU INIOLUWA
With the unemployment crisis affecting several Nigerians and the bad employment conditions in the country, it is no wonder that the question of whether to start your business or work for a company poses a major dilemma for several youths just entering into the job market.
To make matters worse even if you are fortunate to be among the 1% that manages to get a job, job security in a country like ours isn’t guaranteed as the economic conditions always seem to be getting worse. This has led to the mass promotion of Entrepreneurship and Skills Acquisition which in turn has led several youths to start up their businesses. A lot of people have entered into entrepreneurship and have not found it easy to cope as well as it requires a lot of effort and risk taking
With this in mind, we decided to ask 10 Nigerian youths which of them they considered to be better and here are replies we got. We hope that if you’re contemplating between the two these replies would help you gain more clarity.
1) MULTIPLE STREAMS OF INCOME
I really want to work for an organization, gain experience, utilise my educational and professional knowledge as well as have my own business. I belong to the school of thought that supports multiple streams of income rather than just relying on just one
2) CREATIVITY AND TIME FLEXIBILITY
I’ll prefer entrepreneurship because I get to be creative with my ideas and I don’t have to wake up so early, but the truth is running a business isn’t easy it takes a lot of time and effort before it yields result. Being employed is not bad as well but you can have your own business has aside hustle
3) FEW YEARS OF EMPLOYMENT AND THEN ENTREPRENEURSHIP
If I have the cash I’d prefer to have my own business. But I plan on getting employed for a short term to so as to raise the capital to start that business.
4) FEDERAL GOVERNMENT EMPLOYMENT
I’ll like to get employed by the state or federal government in order to have time for my own business and family.
5) WE CAN’T ALL BE ENTREPRENEURS
Personally, I feel we can’t all have businesses of our own because not everyone has an entrepreneurial spirit or the patience to deal with the stress and all that comes with it. Some people are better off as team players and dream builders.
I’ll still want to build a business of my own because it’s one of my dreams besides I already have it planned in my mind but for now but I can’t deal with it yet so I prefer to get a stable pay check till I can stand on my own .
6) GETTING A GOOD JOB IN THIS COUNTRY IS NOT EASY
I’ll prefer starting a business because getting a good job in this country is not easy
It’s best someone just starts a small business instead of staying at home doing nothing.
7) I’LL BE HAPPY DOING WHAT I LOVE NO MATTER WHAT
Well if I get my dream job then I prefer to be employed because it doesn’t only bring in money for me but I’ll be happy doing what I love no matter .Otherwise, I’ll prefer to have my own business because it gives me more independence and satisfaction or probably both for better income.
8) I LOVE WORKING 24/7
I will actually prefer getting employed. Even if I own a business, I will still get a job. I love going to work and working 24/7 Not just sit at home doing one thing
9) KNOW WHAT WORKS FOR YOU
So, for me having tried both parts, I think first of its fundamental for a person to know what works for them. The idea behind being a boss of your own or the idea behind creating a service that is solely your own thought process is a powerful one. But at the same time a dangerous one because of the commitment, time and other factors that goes into it. Everyone has the idea to do such but not everyone has the tenacity and consistency. Also, one thing that needs to stop is the misconception that people who value employment over entrepreneurship do not have the tenacity to succeed on their own. No, people choose what works for them. For me, I have tried my hands on both and yes, Although I enjoyed birthing an idea or a service, still I’ll pick my getting employed over having my own business because asides the whole negativity that comes with it, there are a lot of opportunities and doors that a reputable employment can open for one in a short while and whether we like it or not a personal business wouldn’t get you there in the same time frame. And vise-versa in terms of satisfaction of owning your personal stuff. But then again it boils down to what you’re really comfortable with. For me, 9-5 is the one.
10) LOCATION AND FLEXIBILITY OF MY SCHEDULE IS KEY
It depends on the town I’m in and if the business I’m thinking of is profitable. And it also depends on the employer and work demands. I for one like my freedom… if I want to wake up at 6am today and 10am tomorrow, I love to have that opportunity. So, if I have the luxury of time and flexibility as an employee as long as I deliver, I’m good. However, there are so many laws and rules guiding employment in Nigeria thus, having my business with help all around can afford me the opportunity to plan my time as much as I want
– Ife Kristi