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Author Topic: Must everyone venture into business?  (Read 1955 times)
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October 08, 2026, 06:13:03 PM
 #181

Actually this question is a bit weird knowing that lot of people are looking for a diverse way of earning an income, whereby they would be looking for business to do in other to sustain themselves. But one question I keep asking is that “must everyone venture into business“?

An immediate answer is no, because if all are selling who will be the buyer, aside from that if all are going into business, there will be no one to do grunt works (employee, workers).  All must be balanced for the economy to thrive.

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The reason why I draw this question was as a result of someone I knew too well that wasn’t able to maintain the business he owned. Every two years he kept jumping from business to another yet no results to show up about becoming successful through that business.

I guess the person you know is not serious about his business.

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What contribution you would you give to someone like this?
The floor is open for discussion.

Not all people have a knack for business, some are great at being an employee, while others are good at being an entrepreneur. Each one of us has different strength so it is best to be doing on what we do best.

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October 08, 2026, 07:14:39 PM
 #182

Before starting a business you must build capacity for sustainability because a business doesn't thrive when you can't keep up. You don't need all the money in the world to start up a business but you need a reasonable amount of money if you intend to keep the business running. With that said, not everyone is capable of getting this done meaning that not everyone can venture into business. The reason why a lot of business collapse is because people get into it without preparation or not having the capacity to continue that business. To succeed it's important to know your core strength, don't start what you cannot finish.

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October 08, 2026, 07:17:26 PM
 #183

Actually this question is a bit weird knowing that lot of people are looking for a diverse way of earning an income, whereby they would be looking for business to do in other to sustain themselves. But one question I keep asking is that “must everyone venture into business“?

The reason why I draw this question was as a result of someone I knew too well that wasn’t able to maintain the business he owned. Every two years he kept jumping from business to another yet no results to show up about becoming successful through that business.

What contribution you would you give to someone like this?
The floor is open for discussion.
Your friend lacked stability and control over his business that’s why he kept jumping from one business to another.
Different businesses require different approaches and even the person handling it needs to be very disciplined to follow things through.

Before venturing into any business you need to know your strengths and your weaknesses as a person and how your best attributes may help your business. If a business fails you have to find out why it failed in the first place place before jumping into another one unless you’re ready to be throwing money away.

People Goto school to study how to manage business, people learn it from their daily lives (street smart ). Sometimes the street smarts are even better than the ones who went to school because they have more experience.
Business isn’t just testing and jumping onto the next, it requires consistency, hardwork, dedication, learning and innovation.

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October 08, 2026, 07:39:51 PM
 #184

Actually this question is a bit weird knowing that lot of people are looking for a diverse way of earning an income, whereby they would be looking for business to do in other to sustain themselves. But one question I keep asking is that “must everyone venture into business“?
Business is most likely for everyone in my own understanding because people do business to survive. Everyone I know in life does one or two business weather legal or iligal to survive. Where the problem comes in is when the business person doesn't identify the business suitable for him. The worst mistake a person can do is not being able to identify the business that suits him or the business he has passion for. There is a book I read that says that anything you do effortlessly without stress and yet you are making money, it means that's you destiny business. But any business you do and you are not comfortable with it, or you find yourself forcing it, then it's not for you. So a person must need to identify the business he knows best how to do and only give it time, hw will do better not jumping from one job to another. People who succeed are more focused people and not confused people.

You think people now cared about the business that is best for them?
To be honest, majority of people do not go into business because they had passion for it, instead you would see them going into business because their friends are into it and are also making a lot money through that business.
I can also sight examples of people I know too well that has quite their business for another because they felt that much profit are into that particular business than the one they are doing hence they need switch over to know if they could start making such profits from that particular business than theirs. Of course, business are for everyone but not everyone who can be stand to make profits in those businesses if they are not trained or guarded on how that business should be ran and managed.
Ya some people actually go into business because they saw others doing it, some also don't want to stay idle at home they just wanted to keep themselves busy by starting up something, some could actually see some one doing well thinking maybe the reason why they are doing well is because of the business they are doing not knowing that they do others things too and venture into that business and failed in it because they know nothing about the business they saw others doing. Business is not meant for everybody some people prefer to be earning monthly than doing business because they think there is much stress and calculation in doing business.

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October 08, 2026, 08:24:14 PM
 #185

I think business is for anyone and everyone, if it's one thing I know that is very sufficient is business, because one way or the other people are going to purchase from you and it doesn't have to a conventional store or common products we know but it can always be rendering of services like maybe do servicing for cars or generators depending on the skill set of the individual, I think that's what your friend was lacking. Buy it all boils down to the decision of the person as some people prefer a pensional job

 
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October 08, 2026, 09:35:46 PM
 #186

Investing is different from owning a business. But I think that there's that thought that it's just the same and I understand.
When we say that employees having investment, it's either stocks, crypto and as well as owning a business.
But you're right that there are those who find doing business as their resort if ever they fail to stay in their jobs for not coping with the economy.
Lesser wage, and cost of living is no longer tallying. Therefore, they find another opportunity that might have higher wages and to keep up with their expenses.
Investing and owing a business are different things entirely, but it just that there are people with the mentality of always thinking investment and owing a business is same thing. They do have some similarities but they differs, in time of investment we just need capital alone and it doesn’t matter how little it is we will make investment without any time consuming or hard labour but with owing a business, it is time consuming and we don’t just need capital alone but capital, showing up always and showing full dedication because that the only way our business could grow and we still need to be ready to face the challenges that might follow up.
I do also have that mentality when it comes to investing and business are just the same thing.
But the difference is that in business, you're more active. While in doing investments, you're passive and can just simply watch how it goes.
And for most businessmen, I think that all or majority of them have also investments where they are monitoring.
They become business minded and so, they want their money to work for them in any way.

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October 08, 2026, 10:30:45 PM
 #187

I know it can be hard for employers to raise their wages by utilizing alternative resources. Some of them quit their jobs and start new careers, but after losing their first investment, they make another one. since they cannot return to their high-level jobs. He fails to maintain either of them. Others think of shifting to a new investment the moment the first one shows results.
Investing is different from owning a business. But I think that there's that thought that it's just the same and I understand.
When we say that employees having investment, it's either stocks, crypto and as well as owning a business.
But you're right that there are those who find doing business as their resort if ever they fail to stay in their jobs for not coping with the economy.
Lesser wage, and cost of living is no longer tallying. Therefore, they find another opportunity that might have higher wages and to keep up with their expenses.

When you say that investing is not the same as owning a business, what do you mean? Investment is a broad term that can refer to a variety of things, and owning a business is one kind of investment.
When we take ideas to their most basic form, employers are also investors following the same logic because they are investing their time and expertise to complete particular tasks in exchange for compensation. Revenue is the primary distinction.

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October 08, 2026, 10:57:43 PM
 #188

Investing is different from owning a business. But I think that there's that thought that it's just the same and I understand.
When we say that employees having investment, it's either stocks, crypto and as well as owning a business.
But you're right that there are those who find doing business as their resort if ever they fail to stay in their jobs for not coping with the economy.
Lesser wage, and cost of living is no longer tallying. Therefore, they find another opportunity that might have higher wages and to keep up with their expenses.
When you say that investing is not the same as owning a business, what do you mean? Investment is a broad term that can refer to a variety of things, and owning a business is one kind of investment.
I agree that it is a broad term that refers to finance matters just as doing business and investments.
But I think that the term investment isn't as active as doing or working on your business.

When we take ideas to their most basic form, employers are also investors following the same logic because they are investing their time and expertise to complete particular tasks in exchange for compensation. Revenue is the primary distinction.
With this, I think it's the opposite.
It's selling our time and expertise in exchange of money or salary.
Well, I am not a finance expert but I think we can pass on this one for how these terms are used but we all agree that one needs to try doing a particular business to change their lives.

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October 08, 2026, 11:17:56 PM
 #189

I think business is for anyone and everyone, if it's one thing I know that is very sufficient is business, because one way or the other people are going to purchase from you and it doesn't have to a conventional store or common products we know but it can always be rendering of services like maybe do servicing for cars or generators depending on the skill set of the individual, I think that's what your friend was lacking. Buy it all boils down to the decision of the person as some people prefer a pensional job
People just need to choose the right business that fits their personalities and that could easily be operated by them, we all engage in the activities or buying or selling, so we are all business people, and on the other hand what make ops feels that business is not for everyone, just because someone did a business and failed in it doesn't mean that you will fail is that business also, the thing you need to succeed in business is experience which come with time and not forced to happen in the wrong time, business require a lot of patience understanding to keep building no matter the rough edges you may face as a new startup business owner.

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October 08, 2026, 11:33:31 PM
 #190

When we take ideas to their most basic form, employers are also investors following the same logic because they are investing their time and expertise to complete particular tasks in exchange for compensation. Revenue is the primary distinction.
With this, I think it's the opposite.
It's selling our time and expertise in exchange of money or salary.
Well, I am not a finance expert but I think we can pass on this one for how these terms are used but we all agree that one needs to try doing a particular business to change their lives.
Whether you are an employee doing tasks for your employer, or an investor, whether in assets or as a business owner,, there is a famous rule to apply to reach financial stability that says "Diversify your income sources". This rule means that having only one income source is not a guarantee for self-satisfaction or sustainable financial stability. By diversifying your resources, you guarantee stability because you don't know when your only source will become unsatisfactory for your needs.

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October 09, 2026, 05:39:49 AM
 #191

.....but we all agree that one needs to try doing a particular business to change their lives.

Sorry but I gotta disagree with this one.
Starting business is one way to change your life but it is hardly only one. You can still turn your life around through a job, and leveling up your skills, and investing.
And running a business is no guarantee you'll succeed or end up better off . There's plenty of risk involved, too.

Imo , the point is to find the path that fits your own skills and situation. Don't just jump into business because you think that's the only way to change your  life .

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October 09, 2026, 05:58:50 AM
 #192

With this, I think it's the opposite.
It's selling our time and expertise in exchange of money or salary.
Well, I am not a finance expert but I think we can pass on this one for how these terms are used but we all agree that one needs to try doing a particular business to change their lives.
Whether you are an employee doing tasks for your employer, or an investor, whether in assets or as a business owner,, there is a famous rule to apply to reach financial stability that says "Diversify your income sources". This rule means that having only one income source is not a guarantee for self-satisfaction or sustainable financial stability. By diversifying your resources, you guarantee stability because you don't know when your only source will become unsatisfactory for your needs.
I am not against with what you have said, I agree with it as well.
As for diversifying resources, for normal employees. There's not that much for them to diversify except their own time and skills.
Other than that, they have to save first before they can diversify.

.....but we all agree that one needs to try doing a particular business to change their lives.

Sorry but I gotta disagree with this one.
Starting business is one way to change your life but it is hardly only one. You can still turn your life around through a job, and leveling up your skills, and investing.
And running a business is no guarantee you'll succeed or end up better off . There's plenty of risk involved, too.

Imo , the point is to find the path that fits your own skills and situation. Don't just jump into business because you think that's the only way to change your  life .
It's okay to disagree.
What you have said is true too.
But you don't get to work forever or until you get old unless you're very passionate with that job.
And so, most of the retires think of trying a business but taking risk for them is riskier than they're younger.
There's no room to make mistakes during retirement. That's why doing it while young and employed is ideal.
The discussion about being employed and making a business has its pros and cons, which one will work for us should be sticked with.
Although there will be a time that we'll try to find something new if we feel stuck onto the trade we're at.

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October 09, 2026, 10:06:56 AM
 #193

Actually this question is a bit weird knowing that lot of people are looking for a diverse way of earning an income, whereby they would be looking for business to do in other to sustain themselves. But one question I keep asking is that “must everyone venture into business“?

The reason why I draw this question was as a result of someone I knew too well that wasn’t able to maintain the business he owned. Every two years he kept jumping from business to another yet no results to show up about becoming successful through that business.

What contribution you would you give to someone like this?
The floor is open for discussion.

I think you may be misunderstanding what business is in the first place...

We are all doing business, whether we sell our time to a boss or a customer. That is how we earn money in our society. So how else do you propose we exchange goods and services?

If you mean becoming a business owner then I can only say that some people are just better at opening, growing and maintaining a business than others.
Maybe you do not understand what I meant by that.. and I will have to lower it to your understanding.
Must everyone be a business owner?
That is what I am trying to say here for you to get it rightly.
When you know what it takes to be a business owner then you must know that not everyone is capable of handling a business.


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October 09, 2026, 05:27:46 PM
 #194

Business isn't the only way to earn money cause people comes with different skills and interests. Some people are good at business while others can achieve successful in jobs or other works. If someone fails in business then they should find out their previous mistakes and should gather more knowledge and experience before restart the business.
 I think business isn't as easy as people think cause  it needs dedication and patience as the success doesn't come overnight. However people should choose their profession based on their skills and interests instead focusing only on business

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October 09, 2026, 06:07:44 PM
 #195

I think business is for anyone and everyone, if it's one thing I know that is very sufficient is business, because one way or the other people are going to purchase from you and it doesn't have to a conventional store or common products we know but it can always be rendering of services like maybe do servicing for cars or generators depending on the skill set of the individual, I think that's what your friend was lacking. Buy it all boils down to the decision of the person as some people prefer a pensional job

Yes, business is for anyone and anyone can do it, it's just that the difference is the scale of the business whether it's a service product or a product, because speaking of revenue in business also depends on execution and the ability to generate different values, some people do not have the ability to generate profitable revenue and develop well therefore they have a more stable salary to ensure their lives, I'm pretty sure everyone can do business if the scale is small.

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October 09, 2026, 08:40:37 PM
 #196

Actually this question is a bit weird knowing that lot of people are looking for a diverse way of earning an income, whereby they would be looking for business to do in other to sustain themselves. But one question I keep asking is that “must everyone venture into business“?

The reason why I draw this question was as a result of someone I knew too well that wasn’t able to maintain the business he owned. Every two years he kept jumping from business to another yet no results to show up about becoming successful through that business.

What contribution you would you give to someone like this?
The floor is open for discussion.

I think you may be misunderstanding what business is in the first place...

We are all doing business, whether we sell our time to a boss or a customer. That is how we earn money in our society. So how else do you propose we exchange goods and services?

If you mean becoming a business owner then I can only say that some people are just better at opening, growing and maintaining a business than others.
Maybe you do not understand what I meant by that.. and I will have to lower it to your understanding.
Must everyone be a business owner?
That is what I am trying to say here for you to get it rightly.
When you know what it takes to be a business owner then you must know that not everyone is capable of handling a business.

I would rather have you raise your own level of reading/writing comprehension to my level but thank you for the clarification. But once again, I must ask: We are all doing business, whether we sell our time to a boss or a customer. So what is this mysterious set of skills every single "business-owner" must have that "normal people" do not have? I do not think there is such a thing. It does not take talent to run a business. It takes talent to grow it.

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October 09, 2026, 09:25:17 PM
 #197

Business isn't the only way to earn money cause people comes with different skills and interests. Some people are good at business while others can achieve successful in jobs or other works. If someone fails in business then they should find out their previous mistakes and should gather more knowledge and experience before restart the business.
 I think business isn't as easy as people think cause  it needs dedication and patience as the success doesn't come overnight. However people should choose their profession based on their skills and interests instead focusing only on business
Before starting a business, a person must acquire specific knowledge about business, as well as be aware of the risks and take management, because there are both profits and losses in doing business, so if you face losses, it is wise not to give up quickly and be more aware of the mistakes and then start a business. No matter where we invest, having the right knowledge is very important to achieve success, as well as consistency, prudent financial management, patience and a long time to take, you cannot get discouraged quickly, it is reasonable to move forward by learning from mistakes.

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October 09, 2026, 11:19:30 PM
 #198

With this, I think it's the opposite.
It's selling our time and expertise in exchange of money or salary.
Well, I am not a finance expert but I think we can pass on this one for how these terms are used but we all agree that one needs to try doing a particular business to change their lives.
Whether you are an employee doing tasks for your employer, or an investor, whether in assets or as a business owner,, there is a famous rule to apply to reach financial stability that says "Diversify your income sources". This rule means that having only one income source is not a guarantee for self-satisfaction or sustainable financial stability. By diversifying your resources, you guarantee stability because you don't know when your only source will become unsatisfactory for your needs.
I am not against with what you have said, I agree with it as well.
As for diversifying resources, for normal employees. There's not that much for them to diversify except their own time and skills.
Other than that, they have to save first before they can diversify.
Let's agree that diversifying sources of income could help reduce dependence on a single resource. Most countries have monthly salary employees who can improve their financial stability by exploring different income resources. They already have some good options. For example, the stock market offers growth opportunities, in addition to crypto trading in the same field, which can also be profitable if done smartly. You can also do farming in rural areas. It is also rewarding.

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October 10, 2026, 03:23:30 AM
 #199


The discussion about being employed and making a business has its pros and cons, which one will work for us should be sticked with.
Although there will be a time that we'll try to find something new if we feel stuck onto the trade we're at.

Yep , that's what I mean. Working for someone else and running your own business both come with their own pros and cons, there is more than one road to financial stability or getting rich. Same goes for people, we have all got our own skills and strengths.

Don't assume running a business is the only way to get rich just because social media is full of success stories. Boxing yourself in like that, you'll end up missing  the opportunities that actually suit you.

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October 10, 2026, 03:30:29 AM
 #200

Actually this question is a bit weird knowing that lot of people are looking for a diverse way of earning an income, whereby they would be looking for business to do in other to sustain themselves. But one question I keep asking is that “must everyone venture into business“?

The reason why I draw this question was as a result of someone I knew too well that wasn’t able to maintain the business he owned. Every two years he kept jumping from business to another yet no results to show up about becoming successful through that business.



Most of us wanted to escape from this chaotic life of being poor, and some of them wanted to shift into a business world like others who become good in life and profitable with their business, but in reality is aint eay; you must need to consider the demand, the target market, and think like an entrepreneur if you want to become successful in this business. I think the same thing before but unfortunately I ended up just losing a money and the business not become profitable you need to seek a different strategy and marketing for people to notice your product but again like what I keep saying this aint for everyone, only dedicated succeed into this ventures.

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