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Is Self-Employment Ultimately Necessary for a Man?

Is it fitting for a man to work a job for the rest of his natural life? Or should he evolve to self employment at some point in his life?

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It depends on your personal goals in life.Lets face it,not everyone can and will be self employed;some pple are just not wired to do so no matter how hard they try.

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Self employment is the best but MONEY make MONEY

You need a good capital b4 you can say you are not ready to work for anybody again and you get rich

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I see that lot's of men responded to this one. I'm impressed with this. I think that it's real to say that everyone can not be an employer because then who will work for you? all of the women and children? The other side of it is that many people are very inclined to be business owners, I'm one myself. I choose this topic because where I live here in America many African American men complain about working for someone else. I do understand and I thought the answer for most of them would be self employment.  Most of the brothers that come from Africa that I come across have very good work ethic and are self employed. I was just wondering what you all thought about men being self employed. It seems to me that it would fit better with your natures, your ability to grow more and hopefully be very ssuccessfulin building true capitalfor your selves, families and community.

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Thats the kind of mindset that helps a lot of businesses surprisingly. For example personally, I look up to failures like "Donald Trump" (in the realestate department) as role models.

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If you have that mindset, then your business will not go far. There is always an element of risk in all we do, doing business anywhere in the world is no different.

If you are well informed, and you manage it well.....you will have good success.

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Yes nobody says it is less stressful, what i was trying to explain, was people live in different paradigms, and we should appreciate that. Personally I am a 100% business inclined person, so I am really not in support of getting a Job etc. But we have to be real about things on the ground.

I wouldnt mind if you explain what your definition of a millionaire is.

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If your wealth ammounts to 1 million naira ++ you are a millionaire in Nigeria. Doesnt denote that your monthly salary has to be 1 million monthly or daily, you can earn 200k naira per month and still be a millionaire. And yes a millionaire can produce or raise 1 million anytime.

Why is being your boss the best thing? Limitations are everywhere. If you are business man and you have investors, you cant just carry out your own decisions that would bring vital changes in the company without the consultation of the investors. Maybe if you were saying Self Employees. Well then i do agree. But being self-employed is just not the best. Reasons? i already stated before.

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Are we talking of millionaire in annual salary or millionaire in the real sense of the word. Somebody earning N1.5M per annum is NOT a millionaire. I would count a millionaire(in Naija terms) as somebody who can produce N1million naira if I tap my fingers 1...2 without blinking.

As for the question, the best thing is to be your own boss. You are limited by working under somebody.

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Jogego you are right here.

Even an enterpreneur owns his customers "sirs" and "mas" if he wants to make a head way.

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well said Kazey. Since we are discussing Naija, then a millionaire in Naira is a millionaire pure and simple. In this wise, most bankers, telecomm workers earn upwards of minimum f N1.5m per annum.

That said, we need to accept the fact that not everybody is meant to be an entrepreneur and being one is not really easy. The most important thing as far as am concerned is to have a fulfilling working career. And even if you are an entrepreneur, you still say "sir" to the people who provide your capital. If it's your self provided capital, then you are saying "sir" to your family. Reason being, you need to ensure adequate returns in order to provide a satisfactory and comfortable existence for them.

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OK now that u define ur millionaire, I'ld say the number thins out but even in UKPounds, ther are a number. I guess tho there is nothing like the flex. working hours you get from owning ur business.

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Well, Flint it depends on what you call a millionaire. From my own view, a millionaire in naira and not in hard currency is no millionaire. Note: a million naira is just 4k pounds (black market rate) which average 9ja in Uk could make in 3months but where is it in UK land. On this note I'd say that forthe reason that you have 4million naira doesn't make you a millionaire cos you're way behind the margin. Call me a millionaire when I have a million pounds in me bank account, not just in assets.

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hmm, it's good to have your personall work, but being employed is also great

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Justdman, there are lots of millionaires who work for people IN NIGERIA.

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I think you can only be a millionaire if you are self employed. For instance, you can never be a millionaire working for someone. And even in 9ja, no millionaire is empolyed under somebody.

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It all depends on the man and what he intends to achieve for himself.

A greater percentage (about three-quarters) of successful rich men made it with self exployment while the other percentage made it working for someone else.

But really for how long would you be under someone else and keep saying 'sir'?

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It's good to be employed and also with your bussiness outfit.

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