The Positives and Negatives of Being an Employee

Being an employee carries few risks, but it also carries few rewards. Many employees more or less end up doing the exact same work throughout the duration of their lives, which can be something of a grim prospect for many people. Some individuals will look ahead a few decades and they will imagine themselves doing the exact same work, at which point they will become somewhat discouraged and disheartened. This emotional state is often what leads people to envy entrepreneurs in the first place.

They try to imagine how different their lives would be if they were working towards something that was uniquely their own, such as a business. People feel as if they are merely part of a greater organism when they are part of a large company. Being an entrepreneur can make people feel more like free individuals again, which is going to have a great deal of emotional appeal for many people.

The lifestyles of entrepreneurs and employees are going to be very different. Employees will interact with a narrow selection of the people who work at their companies. Working at a large company isn’t so different from attending school, in some cases. People have to do the work that is assigned to them. They will interact with a group of people that they did not seek out on their own, and they will try their best to get along with them. Cliques will sometimes form among coworkers just as surely as they sometimes form among students.

These similarities are not coincidences. The modern scholastic system was devised during the later days of the industrial revolution. It was party designed to prepare people for their future jobs in corporate America, for better or for worse. While people do manage to do some learning while they are in school, they learn the rhythms of life in the corporate world as well. College graduates who go from the classroom to the boardroom will scarcely even notice the difference in many cases. They might even be interacting with the same people, if they manage to get jobs with some of their former classmates as a result of their connections.

Employees are also rarely going to be working in a field that they truly enjoy. Some employees are going to have that luxury, but the majority of them are going to have to choose the jobs that offer them the most in terms of benefits and in terms of high salaries, regardless of whether or not they truly enjoy the work.

Entrepreneurs are in a slightly more complicated situation. Entrepreneurs that want to start businesses in their desired fields are going to have to realize that they should try to choose fields that are in demand and fields that are likely to help them generate profit. However, determined entrepreneurs can often make businesses in a wide range of fields work. There’s also the fact that the market changes rapidly. Entrepreneurs can start their businesses in fields that are temporarily fallow, and their businesses will thrive when the field experiences something of a resurgence.

Employees will be at the mercy of the job market as well, but it will always seem as if it is affecting them indirectly instead of directly. They are going to have severance packages and notice when their job has been lost. Entrepreneurs aren’t going to have that safety net, which can leave them vulnerable. People who value security over freedom are often going to prefer to be employees. They accept the costs of security, and they learn to live with them.

 

Qualities of a Successful CEO

When people are trying to decide whether or not they have what it takes to become CEOs themselves, they should try to pay attention to the people that the media will more or less always present in a positive light. Successful CEOs, for instance, actually do have to be honest with their employees. They are going to be directing entire companies, and their decisions can influence the lives of countless people. Their subordinates need to know that they are trustworthy. When CEOs are demonstrated to be dishonest, they can manage to tarnish the way in which other people see them forever. Many people have the image of the dishonest CEO, which is indeed a dramatic image, but CEOs who really act like that just don’t last very long.

The stereotype of CEOs is that they are extremely cold and unappreciative people who demand a lot from their employees while giving very little in return. These CEOs don’t last very long, and they manage to be ousted from their positions fairly regularly. Employees aren’t going to be motivated to work very hard when they have CEOs like these. They are going to do what they need to do in order to get by, and that’s it. This is not the sort of behavior that tends to promote the growth of a given business or company, and the entire company will suffer as a result. The problem is inevitably going to be traced to the CEO, who will then lose his or her position to the person who is next in line.

When one employee makes a complaint about the boss, it might be dismissed as one person making excuses. When almost all of the employees say the exact same thing, it is going to truly reflect poorly on the CEO in question. In many cases, if several employees are criticizing the CEO, this opinion is going to spread to the other employees fairly rapidly. It has been said that CEOs have to work overtime in order to protect their reputations among their employees, and this is partly a function of the fact that office politics often create a very competitive environment. CEOs who are being criticized by a few people are taking the risk that they’re going to eventually be criticized by everyone.

The CEOs who ultimately succeed are the ones who are firm but fair with their employees. They make their employees feel like valued parts of the team, and they encourage their employees to do well. People will do well when they want to do well, and when they have compassionate bosses, they will want to keep themselves motivated.

Naturally, competence is an important quality in CEOs. Honesty and compassion are important, but CEOs need to understand the job market, their products, and all of the fundamentals of business. People can’t just trust the ethics of their CEOs. They also have to trust in their ability to make decisions, or the business is not going to succeed, and the CEOs themselves are ultimately not going to succeed.

However, many CEOs never even get to the position in the first place without a lot of technical and business skills. Reports of CEOs that fail to exercise proper ethics and proper management skills are more common than reports of CEOs who simply lack competence. The CEOs that are brilliant but lack social skills and restraint are ultimately going to be just as unsuccessful as the CEOs with hearts of gold who lack business sense. The best CEOs are honest, compassionate, and skilled.

Stereotypes of CEOs

Many people regard CEOs with a certain degree of envy. CEOs are among the most highly paid individuals in the world, so many people are understandably going to want to join their ranks. People will see all of the glamour associated with the profession, and they will want to enjoy some of it for themselves. Many people should know that CEOs have one of the hardest jobs imaginable. Even many of the most talented and intelligent people in the world couldn’t be CEOs if they tried, simply because it requires a very specific range of personal qualities.

People often regard CEOs as the sort of people with absolute power within their organizations. They may almost imagine that CEOs are modern monarchs, and that if the employees and other people don’t like their CEOs, there’s little that anyone can do about it. In fact, CEOs have to work very hard to maintain their power and influence within a company.

Plenty of people all around them are trying to get their jobs, and they have to fight to maintain their positions just like all other employees. No one’s job is entirely secure, not even the job of the current CEO. People should note that companies seem to have new CEOs frequently, and scandals about CEOs are often covered during financial news reports.

The fact that the media focuses so much on scandals involving CEOs can give people a false idea of how much CEOs can get away with, since it creates the false impression that CEOs are all behaving in an unprofessional manner. However, the fact that these reports were created at all means that the CEOs weren’t really getting away with it, and many of these people will lose their positions shortly after the scandals are over.

The Positives and Negatives of Being An Entrepreneur

A lot of people are interested in starting their own companies and living the life of an entrepreneur, which shouldn’t surprise anyone. People find the idea of being their own boss appealing, believing that this is going to give them much more control over their lives. Individuals who have had difficult bosses may actually be motivated to become entrepreneurs on that basis alone. They might be under the impression that the entrepreneurial way of life is going to be one that gives them the sort of flexibility that they have always wanted.

It should be noted that in many ways, entrepreneurs have less flexibility than employees. Employees have to put in a certain number of hours each and every day in order to maintain their jobs, and then they automatically get time off at the end of the day and during their weekends. It has been said that people in business never really get any time off, which is certainly partly true. They have to be constantly promoting and marketing their businesses, or they’re not going to get the clients or the customers that they need in order to really move forward with their lives in the business world.

It should be noted that as difficult as being an employee can be, employees do get to maintain a certain degree of stability. They know that they are going to get regular paychecks at this time. They can plan ahead financially more easily than entrepreneurs, who won’t always know whether or not their businesses are really going to get off the ground and when.

Employees also have the satisfaction of knowing that their work is usually going to be rewarded. It is true that one of the most frustrating aspects of being an employee is the simple fact that it is possible to do a lot of work as an employee and get paid the same amount as someone who is always slacking off on the job. Employees will often feel as if they have very little real motivation to push themselves, since they know they can get away with putting in less effort. However, at least employees know that if they put in eight hours on the job, they are going to be rewarded with eight hours worth of wages.

Entrepreneurs don’t always know that all of the substantial effort that they put into marketing their business is going to pay off at any point. Far too many entrepreneurs put in years worth of effort only to find that their businesses managed to fail anyway. The majority of businesses do not even make it into their first years, and many other businesses don’t make it past the five-year mark. On that basis alone, entrepreneurship can be tremendously difficult emotionally.

Entrepreneurship is a way of life that carries high risks and high rewards. The people who succeed at it can become tremendously wealthy or at least successful and stable. The people who fail at it will have invested a lot of time and money in something that just didn’t work, which is going to carry emotional costs in addition to all of the other costs. However, these entrepreneurs are always going to have the satisfaction of knowing that they actually tried something that many people would have been too nervous to try, which is going to have its own emotional appeal.