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The only safe job is one you create for yourself.
by jqpabc123 3y ago
The only safe job is one you create for yourself.
- gruez 3y agoThis makes no sense because even if you're self employed, you're still at the whim of macroeconomic conditions. Your customers can undergo spending cuts in the same way that companies can undergo hiring cuts.
- htrp 3y agoTheoretically you see it coming as you're day in / day out in the weeds of a business. You are also probably way less insulated from macroeconomic shocks.
- dilyevsky 3y agoYou will still have a job it just won’t pay anything
- cncovyvysi 3y agoNobody using that quote is referring to the whims of the economy, they're referring to the different risk profiles between having 100 customers and being in an employee. The idea is that being a business owner hedges your bets. Whether that shakes out is entirely dependent on how important your product or service is to your customers in a downturn. Some services are completely worthless in a downturn (recruitment services), others can be essential or even come with higher demand (marketing).
- jqpabc123 3y agoAs a tech employee, I saw thousands of people get laid off. 25 years ago, I started my own business. I haven't been laid off since --- and I haven't laid off anyone either. There have been ups and downs --- but definitely more ups. I have full control over how to address "macroeconomic conditions" and the ability to mitigate risk by diversifying beyond a single market segment. As an employee, you are at the whim and mercy of others with little or no control. There is less responsibility but way more risk and uncertainty.
- Sakos 3y agoYes, but the macroeconomic conditions aren't in any way bad right now. These companies are all still making money hand over fist, and whatever issues they're having are primarily self-inflicted.