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For someone with entrepreneurial aspirations, getting a corporate job is a great way to learn more about a business or a market. However, be aware it can be a

by solson 15y ago

For someone with entrepreneurial aspirations, getting a corporate job is a great way to learn more about a business or a market. However, be aware it can be a trap. Getting married, getting a mortgage, having kids, may keep you trapped at the corporation until you're 52, you get laid off and your only asset is old irrelevant or proprietary knowledge. If you're young, my advice is, find a way to OWN assets. Don't wait until you're 30 or 40 or 50. Start now! Don't trade your life away building valuable assets for someone else. Make sure you get a piece of what you are building.

mathgladiator 15y ago
Aren't kids an asset at some level?
- auganov 15y ago
  You see, you are or will potentially be a loving parent :-) Nowadays I hear most people saying how kids are a liability.
  - solson 15y ago
    I have 2 kids and I love them and yes they are an asset but at the same time they are expensive. My point is... Once you have kids, I guarantee you will be more risk averse. The best time to start a business is before you have kids or after they've grown. You won't find a lot of people who quit a good corporate job and do a start up with small children at home. Clearly there are a few, but they are outliers. If do start a business with small children at home, you'll need a highly supportive spouse.
  - mathgladiator 15y ago
    I would be a loving parent, but that's not in my card. I love my kids so much, that I'm not going to create them in the first place to subject them to the horrors of this world and the ultimate fear of death.
- anamax 15y ago
  > Aren't kids an asset at some level? They can be, but what is the payback and when does it occur? How liquid is it? For example, planting an orchard is an investment. It won't start producing for a couple of years, but it may be sellable before then. While kids may eventually provide some cash flow to their parents, that may not happen for many years and is generally hard to sell.

by solson 15y ago

mathgladiator 15y ago

Aren't kids an asset at some level?

auganov 15y ago
You see, you are or will potentially be a loving parent :-) Nowadays I hear most people saying how kids are a liability.
- solson 15y ago
  I have 2 kids and I love them and yes they are an asset but at the same time they are expensive. My point is... Once you have kids, I guarantee you will be more risk averse. The best time to start a business is before you have kids or after they've grown. You won't find a lot of people who quit a good corporate job and do a start up with small children at home. Clearly there are a few, but they are outliers. If do start a business with small children at home, you'll need a highly supportive spouse.
- mathgladiator 15y ago
  I would be a loving parent, but that's not in my card. I love my kids so much, that I'm not going to create them in the first place to subject them to the horrors of this world and the ultimate fear of death.
anamax 15y ago
> Aren't kids an asset at some level? They can be, but what is the payback and when does it occur? How liquid is it? For example, planting an orchard is an investment. It won't start producing for a couple of years, but it may be sellable before then. While kids may eventually provide some cash flow to their parents, that may not happen for many years and is generally hard to sell.