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At What Point Should A Man Stop Working For Salary? - Career (4) - Nairaland

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Re: At What Point Should A Man Stop Working For Salary? by Goldencheese(m): 12:03pm On Jul 28, 2021
Same experience here. Wish you all the very best. But keep believing and kissing frogs (opportunities) because something can just open up to you through your clients and boom, you're made for life.

Peace to you bro.

Focusmind:
When you have mastered a trade, skill or a specialist in certain field

when I started my corporate work at 25, I told myself that I would have my own hustle by 40. The stress that investment banking work brought on me was too much. Waking up by 4:30am and coming back by 10pm. The rat race was simply too much and was taking so much on my mental and emotional well being, even though the pay package and other emoluments were good.It provided me with all the necessities of life and I was financially doing relatively ok.

I registered my own consulting company by the side and was waiting when the side hustle could pay at least 50% of my total salary. That never came to pass as the Solo Consulting space itself is even competitive. Most jobs came through referral. I never got any consulting job based on submission of application. By 2016, I couldn't take it again and resigned to face my solo consulting. This is the fifth year and, I am yet to gross the annual salary I enjoyed when I was still working.

Any regret? No. I have my peace, wake up at my own time, visit my parents and enjoy good moments with loved ones during the weekends without considering the impending coming Monday. I am on my bed typing this, reviewing a document sent to me by a client. My mental and physical health is top-notch and I have developed myself beyond my imagination. Money wise, I am still far from getting what my corporate employment paid but I am far happier now than when I was working in the bank.

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Re: At What Point Should A Man Stop Working For Salary? by Nobody: 12:11pm On Jul 28, 2021
Romanoff:
Depends on how much he's earning o and where he works.

If you have a permanent employment with NNPC or CBN, work until them pursue you comot there.
grin grin Na this kind mentality de make politicians Bleep Nigeria back to back grin grin

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Re: At What Point Should A Man Stop Working For Salary? by Focusmind: 12:34pm On Jul 28, 2021
authority2006:


Welcome on board bro. Nothing better than being able to spend your day the way you want, set your own pace, when to work and when to sleep.
I worked with Dangote Cement Transport for just five months, I nearly developed stomach ulcer among other things. I wanted to quit but the fear of family and friends tagging one "unserious fellow" wouldn't let me. The man finally sacked us (about 800 employees) after cleaning his garbage and I was about the only employee who was happy for being sacked! I'm glad that I choose this current path.

Yeah, it has not being easy. I have done only 4 jobs for client since the beginning of the year. Total fee is still ok as it could still take care of my bill. I was lucky to have utilised my salary savings very well when I was till in paid employment, at least to get my own house.

Nevertheless, the peace and comfort is priceless. I must tell you. I am just waiting in my house now, chilling to join a UN organised online training for intending consultants in the development and humanitarian sector.

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Re: At What Point Should A Man Stop Working For Salary? by SanctifiedSista(f): 12:36pm On Jul 28, 2021
A man shld never stop working unless it will make him die early. In evry labor there is.profit so work and earn salary even if it's ur biz, pay urself salary
Re: At What Point Should A Man Stop Working For Salary? by DoggoneDogg: 12:37pm On Jul 28, 2021
authority2006:



Honestly, that's not good enough. If you are working and receiving the kind of huge salary that those people are receiving, you still don't need to wait until they purse you. Because after your retirement, you might not know what next!
There was this white man working with BP, a top boss for that matter. Coronavirus struck last year and he was asked to go like few others. You knew what he did? He committed suicide! Because he didn't see that coming.

No matter the kind of salary you're earning, prepare your own exit and get ready to leave before they ask you to leave. Don't wait till 65 or the agreed last day. I have been telling my brother the same thing for the past 5 years and asking him about his future plan because the last day in office is slowly approaching.

What's wrong with start your own business and STILL WORKING?

Many of those men have their own businesses incase you don't know. Inshort, all of them.
Re: At What Point Should A Man Stop Working For Salary? by 24kmagic: 12:38pm On Jul 28, 2021
authority2006:


That means the people you listed above can still quit, they wouldn't be the first to do so.

Yea, sure
But what are the odds?
If they are to leave, it will definitely be for a better pay package or a better media house like CNN or BBC.
Those guys are living their dreams, something millions of Nigerians aren't. I know someone that has been on a particular job for eight years. But he's not even thinking of quitting because he's living his dream. That thing he has always wanted to be, even though the pay might not be in the millions.

Fulfilment bro, fulfillment!

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Re: At What Point Should A Man Stop Working For Salary? by Nobody: 12:54pm On Jul 28, 2021
DoggoneDogg:
Your made men - bank MDs, CEOs, Ministers, Heads of big public parastatals, Permanent secretaries etc - are all working for salary till 65 but some ignorant itunes gift card low budget yahoo boy in your friend's list will tell you he can never work for salary & he is his own boss yen yen yen. grin

Yet in his life, he may never reach the heights of those men I highlighted above while you can if you know your onions.

Okay. grin

So you’d compare a 50 year old who’s been in the public service receiving over 450k and more

To another 50 year old who’s been working for less than $100 all his life?
Re: At What Point Should A Man Stop Working For Salary? by seyz91(m): 12:59pm On Jul 28, 2021
True but do i need remind you that the so called itunes boys are doing that cuz of the economy wey no give anyone chance again

Naija evonomy or let me say world economy us hight competitive with little or no space

Thousands of corpers graduationg every year with no job in the labor market so stop judging

Next time you wanna judge the itunes boys, make sure you have a job offer for them
DoggoneDogg:
Your made men - bank MDs, CEOs, Ministers, Heads of big public parastatals, Permanent secretaries etc - are all working for salary till 65 but some ignorant itunes gift card low budget yahoo boy in your friend's list will tell you he can never work for salary & he is his own boss yen yen yen. grin

Yet in his life, he may never reach the heights of those men I highlighted above while you can if you know your onions.

Okay. grin
Re: At What Point Should A Man Stop Working For Salary? by Lekan239(m): 1:19pm On Jul 28, 2021
DoggoneDogg:
Your made men - bank MDs, CEOs, Ministers, Heads of big public parastatals, Permanent secretaries etc - are all working for salary till 65 but some ignorant itunes gift card low budget yahoo boy in your friend's list will tell you he can never work for salary & he is his own boss yen yen yen. grin

Yet in his life, he may never reach the heights of those men I highlighted above while you can if you know your onions.

Okay. grin
na everybody go get opportunity of becoming MD and ministers ni

1 Like

Re: At What Point Should A Man Stop Working For Salary? by DoggoneDogg: 1:20pm On Jul 28, 2021
Lekan239:
na everybody go get opportunity of becoming MD and ministers ni

Not every entrepreneur go turn Dangote & Otedola too...

1 Like

Re: At What Point Should A Man Stop Working For Salary? by DoggoneDogg: 1:25pm On Jul 28, 2021
[s]
seyz91:
True but do i need remind you that the so called itunes boys are doing that cuz of the economy wey no give anyone chance again

Naija evonomy or let me say world economy us hight competitive with little or no space

Thousands of corpers graduationg every year with no job in the labor market so stop judging

Next time you wanna judge the itunes boys, make sure you have a job offer for them
[/s]

There are numerous job offers. Yes I agree that 80% of them are not lucrative but dem dey.

Your itunes hair dye tattered jeans yahoo boys say they cannot earn less than N5m monthly on their 1st job with only HND. Na wetin dem tell us & na d matter we dey settle so grin cheesy
Re: At What Point Should A Man Stop Working For Salary? by Lekan239(m): 1:27pm On Jul 28, 2021
DoggoneDogg:


Not every entrepreneur go turn Dangote & Otedola too...
so u know

1 Like

Re: At What Point Should A Man Stop Working For Salary? by Blackdisciple(m): 1:27pm On Jul 28, 2021
Omoh depend on how much you earn as salary oo...
Re: At What Point Should A Man Stop Working For Salary? by Nobody: 1:34pm On Jul 28, 2021
DoggoneDogg:


First job from NYSC?? shocked
So you will supervise someone without any experience of what he/she is doing?? Really?


You think a degree is a magic wand abi? Okay
Haven't I learnt some in the university?
Re: At What Point Should A Man Stop Working For Salary? by DoggoneDogg: 1:36pm On Jul 28, 2021
Lekan239:
so u know

I should be asking you this. Na you raise that question... see this guy sha
Re: At What Point Should A Man Stop Working For Salary? by seyz91(m): 1:37pm On Jul 28, 2021
cheesy me no know that one oo and that one seriousnoo

Even the yahoo nonsense now no pay like that again na rituals many of them dey do kon dey hide under yahoo

Most of Dem maga oyibos sef don dey wise up sef
DoggoneDogg:
[s][/s]

There are numerous job offers. Yes I agree that 80% of them are not lucrative but dem dey.

Your itunes hair dye tattered jeans yahoo boys say they cannot earn less than N5m monthly on their 1st job with only HND. Na wetin dem tell us & na d matter we dey settle so grin cheesy
Re: At What Point Should A Man Stop Working For Salary? by DoggoneDogg: 1:37pm On Jul 28, 2021
Joysticks:
Haven't I learnt some in the university?

And you have implemented it before?


Okay. A quick test. What's your discipline/course of study?
Re: At What Point Should A Man Stop Working For Salary? by DoggoneDogg: 1:38pm On Jul 28, 2021
seyz91:
cheesy me no know that one oo and that one seriousnoo

Even the yahoo nonsense now no pay like that again na rituals many of them dey do kon dey hide under yahoo

Most of Dem maga oyibos sef don dey wise up sef

I'm happy you know this. wink
Re: At What Point Should A Man Stop Working For Salary? by Johel(m): 1:51pm On Jul 28, 2021
wagazala:
Not everyone is cut out for business. Some people are better off in a paid employment till they retire and then live on pension and profit from investments.

Do not be deceived, business isnt for everyone neither is a salary paying job for everyone. What is more important is financial management.


Bravo!
Re: At What Point Should A Man Stop Working For Salary? by ugbanante: 1:58pm On Jul 28, 2021
Focusmind:
When you have mastered a trade, skill or a specialist in certain field

when I started my corporate work at 25, I told myself that I would have my own hustle by 40. The stress that investment banking work brought on me was too much. Waking up by 4:30am and coming back by 10pm. The rat race was simply too much and was taking so much on my mental and emotional well being, even though the pay package and other emoluments were good.It provided me with all the necessities of life and I was financially doing relatively ok.

I registered my own consulting company by the side and was waiting when the side hustle could pay at least 50% of my total salary. That never came to pass as the Solo Consulting space itself is even competitive. Most jobs came through referral. I never got any consulting job based on submission of application. By 2016, I couldn't take it again and resigned to face my solo consulting. This is the fifth year and, I am yet to gross the annual salary I enjoyed when I was still working.

Any regret? No. I have my peace, wake up at my own time, visit my parents and enjoy good moments with loved ones during the weekends without considering the impending coming Monday. I am on my bed typing this, reviewing a document sent to me by a client. My mental and physical health is top-notch and I have developed myself beyond my imagination. Money wise, I am still far from getting what my corporate employment paid but I am far happier now than when I was working in the bank.
Am familiar with this scenerio. Though i dont make much cash but i enjoy the time it affords me to spend with my family and explore other business.

1 Like

Re: At What Point Should A Man Stop Working For Salary? by BOSSFX: 2:33pm On Jul 28, 2021
This is a question of income and a person's life goals or desires. This will happen at the point you realize that your life goals don't tally with salary jobs. Nobody go tell you to quit after that. Naa you gan gan go japa and pursue another level of income, because you will be filled with enough fire inside to pursue your life dreams and goals, which most times salary can't affords (except you are getting sth more than your salary from the employment, hence you will stay put. This theory applies to all govt work in 9ja and some other privates jobs too).
The simple truth is just that every good desires, goals, dreams we have got are all possible. It just takes efforts, focus, time (process). The question is can you afford the time (process)? Intentional patience is not our thing in 9ja.

1 Like

Re: At What Point Should A Man Stop Working For Salary? by Enginiaman1(m): 3:06pm On Jul 28, 2021
hardon1:


Go and read the third or fourth relpy... Are you living a better life than those bank CEOs, heard of government service and MDs of multinationals who still earn salary

The act that you are self employed doesn't mean you will condemn salary work. Salary work is not bad. It depends on what you are earning as salary.

Its also OK to advice a low salary income earner to start a business and not condemn salary work completely. Salary get levels

My brother salary get level no be lie,nah why I day pray everyday make I get work were them day pay well small atleast.
atleast let me start from somewhere,I am not a graduate ooo,but there is nothing I can do in this life, the brain that God gave me nah something else,who knows if i had gone to university I for don run mad because of book self.I want to make my own money,I believe I will make it soon,(through hard-working).
God bless all the who HUSTLER out there,and SALARY EARNERS also!
Re: At What Point Should A Man Stop Working For Salary? by Focusmind: 3:15pm On Jul 28, 2021
ugbanante:

Am familiar with this scenerio. Though i dont make much cash but i enjoy the time it affords me to spend with my family and explore other business.

Yes, the key thing is to save up well while in paid employment and invest in other things before you go solo. It may not be easy initially as you will literally live on your previous employment savings.

Money is not yet coming as I would have loved but I am quite hopeful.
Re: At What Point Should A Man Stop Working For Salary? by horpigee1(m): 3:56pm On Jul 28, 2021
bmdmix6:
u work for salary even if its ur business.
if u don't give ur self salary u will spend more than u earn



........................................

HELLO, ARE YOU INTO MUSIC? CHECK MY SIGNATURE

Where do you reside bro, I need a producer
Re: At What Point Should A Man Stop Working For Salary? by amrichy(m): 3:56pm On Jul 28, 2021
Gaddafi1:
Wondering why someone will even consider working for salary at any time in this life. You are simply paid salary to forget our dream and as long as one is dependent on salary there is a great limitation to what can be achieve.
Also, unfortunately the school system is training students to work for companies after graduation. We should learn, study and understand entrepreneurship. That's the way to go.
So if no one is trained to work for companies, how will companies get their staff? If we are all entrepreneurs, who would be our employees?

1 Like

Re: At What Point Should A Man Stop Working For Salary? by bmdmix6: 4:00pm On Jul 28, 2021
horpigee1:


Where do you reside bro, I need a producer


am in lagos egbeda bro, sup
Re: At What Point Should A Man Stop Working For Salary? by amrichy(m): 4:06pm On Jul 28, 2021
Romanoff:
Depends on how much he's earning o and where he works.

If you have a permanent employment with NNPC or CBN, work until them pursue you comot there.
What if you are confident you could achieve more, earn more and be more fulfilled working for yourself than working for a so-called NNPC or CBN?
Imagine collecting an average of 1M naira as monthly salary working with NNPC. In 35 years, you will only have earned 420 million naira. How can that make you compete with an Obi Cubana?
Re: At What Point Should A Man Stop Working For Salary? by horpigee1(m): 4:09pm On Jul 28, 2021
bmdmix6:



am in lagos egbeda bro, sup
Wow, nice location.

Have you ever done any hit song before? Indicate if yes

Secondly, I will like to check your social media page. Instagram is okay (drop your username )

These two criteria will increase your chances of higher payment from me

Thank you!
Re: At What Point Should A Man Stop Working For Salary? by Romanoff(f): 4:13pm On Jul 28, 2021
amrichy:

What if you are confident you could achieve more, earn more and be more fulfilled working for yourself than working for a so-called NNPC or CBN?
Imagine collecting an average of 1M naira as monthly salary working with NNPC. In 35 years, you will only have earned 420 million naira. How can that make you compete with an Obi Cubana?

See, forget. I get friend wey her papa na director for CBN.

Just forget matter.
Re: At What Point Should A Man Stop Working For Salary? by amrichy(m): 4:21pm On Jul 28, 2021
Romanoff:


See, forget. I get friend wey her papa na director for CBN.

Just forget matter.
My point is that it's still very possible to have better achievements working for yourself than working for even the best company in the world.
When you work for a company, there will be a limit to what you can achieve; but you are limitless when you are your own boss!

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