How you think determines what you do
In the book “Rich Dad Poor Dad” Robert Kiyosaki speaks about the rich way of thinking versus the thinking of the middle class or poor. Robert Kiyosaki’s actual Dad (the middle class or poor Dad) encouraged him to get a job. His rich Dad (in real life his friend’s Dad) encouraged him to own businesses and have others work for him.
Which involves more risk – getting a job or starting a business?
I know a lot of people who think that starting a business is risky… which it is. Robert Kiyosaki argues (and I’m inclined to agree) that having a job can be riskier in the long term than running a business, as you are putting all your eggs in one basket.
The question of whether having a job is more secure than running your own business will be different depending on difference circumstances. What is interesting though is to consider WHY you think one is more secure than the other. Then you can talk to someone who thinks the opposite.
Below are statements in bold that relate to working in a job. The responses take the opposite approach.
The older you are, the smarter you get.
Yes, you gain insight and wisdom with age. And you can have a job for 40 years and learn new things every year. But it is also possible to stay the same. I think we need to be honest with ourselves. Do you have five years of experience or one year’s worth of experience dragged out over five years?
The more experience you have, the more you should earn.
Yes, but if someone with less experience can do the same job just as well, how much should both people be paid?
The way your boss is doing things is the best way.
Technology is changing every day. There is always room to think about improving the way things are done.
The company you work for knows what it is doing.
Nobody can guess the future. Good companies with good employees might be able to make good decisions, but nobody gets everything right. And everybody makes mistakes.
If the company has been around for 100 years, then it will stay around.
Why? Kodak is a good example of a company that had over 90% market share, but filed for bankruptcy after the digital camera came into play. Did Kodak’s 100 year history mean it didn’t need to stay on top of its game? No.
You have a secure job – the company needs the work you do.
Your job could be outsourced to another country where wages are cheaper.
People haven’t been retrenched at your company before so it won’t happen to you.
There is always a first time.
The company you work for is secure.
So was Kodak.
Working for yourself is risky.
Yes – but losing a customer or client might not be as bad as losing your job.
You might not be able to make enough money working for yourself.
Maybe not – but you could always go back to working for someone else.
I hope you enjoyed the opposite statements – I would love to hear your thoughts.