One of the things that stops people from starting their own business and pursuing their dreams is fear of financial instability. They’re afraid of leaving the job security and stable paycheck of their regular job. And they let the fear of the unknown stop them from achieving their dreams.
Job security is a big fat myth…
I read an article years ago that talked about how job security and the financial safety of a steady job is actually a myth. It was the most powerful article I read at that time, and completely changed the way I think.
Let’s say you’ve worked at the same company for 5 years. You have a good, steady income. You see your work as critical to the operation of the company. And you’ve attained seniority in your department. Life is good. You’re paying your bills, and can even stash a little money into savings here and there. It’s comfortable, safe, and will probably continue to be so.
The key word in that sentence is PROBABLY.
Your employment depends on the company’s ability to sell its products or services. If sales dry up, layoffs and downsizing are the result. So it is completely possible for you to walk into your financially “safe” job one day, and learn that your company just lost its biggest customer and has to lay you and several other people off. Or worse yet, the company you work for could suddenly go out of business.
And just like that, your financially “safe” job vanished into thin air…completely out of your control.
That is why the idea of a “stable” job with financial security is a myth. We are lulled into complacency by receiving weekly paychecks, and lose sight of the fact that at any moment that paycheck could disappear.
In other words, the company you work for faces the SAME challenges you would if you owned your own business.
The difference is that when you own the business, YOU have control of your destiny. You’re not leaving important decisions about your future in the hands of someone else. Decisions that determine if you will have the money to buy food next month or pay the rent.
No. Those decisions are controlled by you. And because of that, you have the opportunity to provide for yourself, protect yourself, and prepare for the future better than a mindless drone stuck in cubicle nation.
So…which one do you thing is more secure now? Leaving your fate in someone else’s hands, or taking control of your future yourself?