Why Do Entrepreneurs Talk Down On 9-5? - Career (5)

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Re: Why Do Entrepreneurs Talk Down On 9-5? by yahaya1(m): 8:07am On Sep 19, 2019

Most of them are into network marketing and are looking for who will help them sale products. They will be using the language of salary is this or that.

3 Likes

Re: Why Do Entrepreneurs Talk Down On 9-5? by Excallibur(m): 8:07am On Sep 19, 2019

kingkuntaval:

Sometimes the way you guys talk really irritates someone, seems like so many persons on nairaland are either living in a bubble or a parallel universe, are you aware that the rate of failure of businesses/start-ups in Nigeria is almost at 85%. Even people selling cards or running one roadside tailoring outfit, will be tagging themselves as entrepreneurs. Make we hear word abeg.

lol and what is the percentage of retirees living comfortably on pension without a back up business ...at a time my pops had to sell a car to pay sch fees for two of my elder sisters in the uni while earning a salary ..... Keep blaming the government for your fear of challenges

Re: Why Do Entrepreneurs Talk Down On 9-5? by Nobody: 8:09am On Sep 19, 2019

I laugh sef. Nigerians that don't have customer service mentality. Uber is a platform for self employed and you are reading of how drivers are beating up passengers for rudeness. Same thing with these sales entrepreneurs who sell you rubbish items with no guarantee. As you are buying you are crossing your fingers. The moment you get small money you step up to buying from amazon where you know you are getting a product that will last.

Nigerian entrepreneurs. Buy original police watch from them at 50 k and strap starts peeling in a week. Buy 10 year guaranteed casio watch from them and it also fails in a week. You get story from them about mishandling, not covered etc. You buy direct from amazon cheaper and no QA issues whatsoever.

Common slot dey swap battery and charger and earphone from case. If low level staff are doing that what is oga doing? My rant about naija entrepreneurs

5 Likes 1 Share

Re: Why Do Entrepreneurs Talk Down On 9-5? by Mojoy88(m): 8:13am On Sep 19, 2019

pocohantas:
If you are a salary earner, you must be used to hearing these statements from people who are self-employed.

“Immediately after graduation, I vowed never to work for anyone”

“Salary is the token you are paid to forget your dreams”

“Ever since I made up my mind to start my own business, I have realized corporate work is just modern slavery”

“I am my own boss, I control my time”

“You can never get rich working for someone else”... etc

Business people won't allow someone rest. Are we in a competition? The goal is for everyone to earn a living. Why do some of them constantly try to remind us they are living the best life.

These same people have workers o. If we all become business owners, who will patronise the other and who will handle other sectors?

Entrepreneurs that say such nonsense won't last in business. The forget that some people will have to work for them too.

3 Likes

Re: Why Do Entrepreneurs Talk Down On 9-5? by Grupo(m): 8:13am On Sep 19, 2019

Sleevia:
for this Nigeria? Which sector? Soffry dey lie or soffry dey allow person lie to u.

The only place I know you can pull that off in this country is business with connections in high places.

NYSC to 6M bros, u are not talking to a mumu.. My name is not mumuni

Don't mind them. They always know of someone who is earning 100m a month. But it is never them. Ask him for the name of the company, he will start running around.

I am not sure any company in Nigeria will pay entry level 6m a month. For goodness, that's the amount some professors take home in a year and they are already at the peak of their careers.

5 Likes

Re: Why Do Entrepreneurs Talk Down On 9-5? by mrvitalis(m): 8:13am On Sep 19, 2019

pocohantas:

I did think of that and I respect that. So, we should all go setting up businesses?

Must I set up one?

How many Nigerian businesses have the ability to make up to 80m a day? What business or service are you offering?

How many even celebrate 5yrs birthday in good health?

Few if there was a guarantee all man would be doing it ...but at least they tried not limited by fear

Re: Why Do Entrepreneurs Talk Down On 9-5? by mployer(m): 8:13am On Sep 19, 2019

pocohantas:

And he finally brought in something different. What do most business people do differently? Nothing.

It's competition that brings innovation. If you don't upgrade you go under. That's the rule.

I have brought a lot of innovations in my area of business, not because I wanted to, but because I wanted to survive and stay afloat in the game.

It could be tough and interesting at the same time.

1 Like 1 Share

Re: Why Do Entrepreneurs Talk Down On 9-5? by franchasng: 8:14am On Sep 19, 2019

pocohantas:
If you are a salary earner, you must be used to hearing these statements from people who are self-employed.

“Immediately after graduation, I vowed never to work for anyone”

“Salary is the token you are paid to forget your dreams”

“Ever since I made up my mind to start my own business, I have realized corporate work is just modern slavery”

“I am my own boss, I control my time”

“You can never get rich working for someone else”... etc

Business people won't allow someone rest. Are we in a competition? The goal is for everyone to earn a living. Why do some of them constantly try to remind us they are living the best life.

These same people have workers o. If we all become business owners, who will patronise the other and who will handle other sectors?

It is the same way salary earners talk down and look down on entrepreneurs and those doing business, its vice versa.

Have you ever met someone working in any government parastatal or those working in oil firms or those working in top multinational companies and they ask you what you do for a living now and you tell them you are an entrepreneur or a business person, and then watch their silent reaction, because they will automatically see you as a nodowell wasting his or her time, they will automatically assume you are not doing well or that you are jobless and covering up....some will be saying in their mind; this one is deceiving himself instead of him to go get a job, and some will boldly advice or suggest that you try and get a job, that business is not a stable means of income, that its not predictable, and they will turn motivational speaker just because they are earning good salary from another person's successful business of many years.

....Not until they see you building houses, buying good luxury cars and living good life that they will start to believe that you were actually doing something all those while....and they will start to come closer to you to form fake friendship and alliance that never existed.

I am speaking from experience as someone who has experienced the both side......when I was a salary earner doing 9-5s, most of my colleagues looked down on entrepreneurs, even the way they talked about them will make you weep for business guys, especially the ladies....they see entrepreneurs and guys into business as time wasters.....some will tell you that once any guy that approaches them says he is into business, that that marks the end of the journey for the guy, and I will be smiling because while I was with them as a salary earner, I wasn't happy, I had a side business I was doing that made me work almost 24hrs everyday and looking unkempt that some do ask me if I am sick or something.

But deep down me, I was preparing to resign to go chase my dreams; I knew it was risky, but I was determined to try no matter the fears.

When I resigned to pursue business goals, many people didn't believe in me....even some close friends advised me to get another job.....even relatives.....former colleagues were all laughing at me that I will run back begging for re-employment soon that that's how they do.....the ladies started distancing themselves from me as they know this guy is no longer that corporate guy, but now a visionless guy, but the story is different today, all to the glory of God

So this thing is both ways and I think its human nature to always believe that whatever they are doing and succeeding is the best thing, and other people's own is nonsense, that's the nature of maybe blacks maybe because I don't think whites act same way cos they respect everybody's opinion and decision in life unlike blacks who respect people based on their current financial power and status.

and let me use this opportunity to encourage every Nigerian youth to have a goal to work for certain number of years and quit to establish your own business. Don't plan to die old working, be it government job, oil company job, FMCG job, multinational company job, NGO job, etc, make a plan from the beginning to work for a certain period of time or years to enable you save up money to pursue your business goals, and then resign willingly, don't wait till they sack you or until you retire because it is killing Nigeria's future.......we need more companies, we need more successful small businesses to create more jobs for our future children, because if all of us decide to work 9-5s jobs till we grow old and retire, then there won't be any job for the upcoming young people and future kids to work.

No matter the fear, give it a try......invest in your skills.....work to gain experience, to learn from others, and to raise startup capital, but make a plan to resign before retirement, don't work till you grow old, Nigeria don't need it, we need businesses and small firms to grow Nigeria!

Nice thread

19 Likes 3 Shares

Re: Why Do Entrepreneurs Talk Down On 9-5? by aktem(m): 8:17am On Sep 19, 2019

Doing a "9-5" job in a place like lagos is so frustrating.
Traffic will help you extend the "9pm to 10 or 11pm"
You wake up again around 3 or 4 am in the morning and the cycle continues like that.

Some including Saturdays**

3 Likes

Re: Why Do Entrepreneurs Talk Down On 9-5? by Cousin9999: 8:17am On Sep 19, 2019

They're insecure and/or easily influenced by popular rhetoric.

Instead they should be thinking about opportunities they can create that give the worker a fair share, a good work life, and more autonomy.

The truth is that a real "boss" doesn't just build something for themselves, they build for communities. They leave a legacy. Who cares if you created a job for yourself? Anyone can do that. If you create hundreds of good jobs that last generations, then you've really done something.

At the end of the day, we need leaders and teams equally. Everyone has to play their position and do it well, otherwise it's chaos -- or a toilet like west Asia.

It's just like people who try to shame certain jobs when we need all these jobs to be done to enjoy a high standard of living.

Show respect to everyone's contribution and talent.

Think about being tired and hungry after a long or challenging day, and walking into a franchise. When someone has a hot meal ready and gives you great service, think about how satisfied you feel. Think about your elderly family members out shopping and the clerks that help them.

Don't fall into the degenerate European way of thinking. We, traditionally, have never thought this way. We've always valued hard work and the entire village. We respected our royalty not out of oppression and fear, but because of their contributions.

3 Likes

Re: Why Do Entrepreneurs Talk Down On 9-5? by GbengaJayeoba(m): 8:20am On Sep 19, 2019

There are different sides to this stories and success stories on both sides, so generalizing every entrepreneur is a little too broad.

pocohantas:
If you are a salary earner, you must be used to hearing these statements from people who are self-employed.

“Immediately after graduation, I vowed never to work for anyone”

“Salary is the token you are paid to forget your dreams”

“Ever since I made up my mind to start my own business, I have realized corporate work is just modern slavery”

“I am my own boss, I control my time”

“You can never get rich working for someone else”... etc

Business people won't allow someone rest. Are we in a competition? The goal is for everyone to earn a living. Why do some of them constantly try to remind us they are living the best life.

These same people have workers o. If we all become business owners, who will patronise the other and who will handle other sectors?

Re: Why Do Entrepreneurs Talk Down On 9-5? by LZAA: 8:20am On Sep 19, 2019

otipoju:
People wey no well. Las las dem go still come borrow from people wey dey work 9-5. Arrogant pricks.

Was about to say this grin

Re: Why Do Entrepreneurs Talk Down On 9-5? by Mendula35(m): 8:22am On Sep 19, 2019

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Re: Why Do Entrepreneurs Talk Down On 9-5? by GoldPencil: 8:27am On Sep 19, 2019

the difference is in the value of time. some entrepreneurs will not post what they earn here for security reasons, and to prevent ppl from asking bros'show us the way' before rushing to saturate the biz, but some can show you screenshots of what they earn in a month. to get that kind of pay, you would need to work a minimum of 15 to 25 years as a 9-5er to get that. Whereas the entrepreneur studied the biz for a year and used another year to get it started. he/she retires at 35, the 9-5er finally saves up 50 million at age 65. Time is the difference and the most valuable resource.

pocohantas:
I didn't read past the first paragraph, but yes- that is my point exactly. Both sides don't have it easy. 9-5 know they can earn better. Why do business people act like they are all earning millions?!

3 Likes

Re: Why Do Entrepreneurs Talk Down On 9-5? by IamCharles123: 8:28am On Sep 19, 2019

Vincad:
I recently read an anonymous post of a guy who got a six million naira job immediately after service. From 19,800 to 6million. Will you advise that guy to quit his job just to answer to the term 'entrepreneur'?
Sure not everyone will be like him, just like not everyone can be into business.

Edit : Can you guys please stop quoting me? It's starting to get old. Like I said I read it and I believe it's true. If you believe fine, if you don't believe, no problem. If you like when you get a job interview, don't sell yourself very well and if they offer you a good salary, reject it because surely they are scamming you.

Oga go n check ur brain jor, 6 million ni, 6 million hook ur throat there.

4 Likes

Re: Why Do Entrepreneurs Talk Down On 9-5? by Hedonisco: 8:28am On Sep 19, 2019

Reference:

Perhaps it is because folks in employment are usually the ones with so much time on their hands they bother the rest of society with unrealistic, 'out of touch with reality' nuances.

Take for instance the minimum wage issue. Despite consuming far more resources than its productivity, despite contributing in no small way to the destruction of the economy, civil servants xontinue to trouble the rest of Nigeria on the infamous minimum wage, a quest beyond the reality od the day that has resulted in addirional taxation that will hit entrepreneurs hard.

Perhaps if Nigeria was run like a business with the spirit of enterprise in it we will be more like the Trump led country, successful and more at peace.

Thank you very much for this.

My biggest problem with the Nigerian employment space is the massive disconnect between value and remuneration and lack of meritocracy, coupled with a very vexatious entitlement mentality. It runs across all sectors but is particularly evident in the civil service across all tiers of government.

Most of these deadwood contribute ZERO value. Even the so-called jobs they boast of, 99% of them got it through the back door (via annoying 'slots' of one influential person or the other), nepotism and corruption. They know nothing about anything, other than just looking for how to collect egunje allowances, cut corners and then later make noise about salary increment and hold the rest of the productive economy to ransom.

3 Likes

Re: Why Do Entrepreneurs Talk Down On 9-5? by chronique(m): 8:33am On Sep 19, 2019

Entrepreneurship is not for everybody and for you to go that route, you must have a very large heart. Don't let anybody deceive you about it being all rosy. There are periods when you would pay salaries even when you are recording zero sales. There are periods when you will continue incurring recurrent expenditures even when zero income is coming in. There are also periods when you hit it massive and ball like a king. Choose the hustle that suits you and walk with it. Be it a 9-5 job or a self employed job, so long as you can meet your needs and you are comfortable with it, you are good to go.

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Re: Why Do Entrepreneurs Talk Down On 9-5? by Jarus(m): 8:35am On Sep 19, 2019

aktem:
Doing a "9-5" job in a place like lagos is so frustrating.
Traffic will help you extend the "9pm to 10 or 11pm"
You wake up again around 3 or 4 am in the morning and the cycle continues like that.

Some including Saturdays**

So an entrepreneur in Lagos will fly over the traffic?

5 Likes

Re: Why Do Entrepreneurs Talk Down On 9-5? by Vincad: 8:36am On Sep 19, 2019

IamCharles123:

Oga go n check ur brain jor, 6 million ni, 6 million hook ur throat there.

Not everyone earns peanuts like you

Re: Why Do Entrepreneurs Talk Down On 9-5? by Hedonisco: 8:36am On Sep 19, 2019

Grupo:

Don't mind them. They always know of someone who is earning 100m a month. But it is never them. Ask him for the name of the company, he will start running around.

I am not sure any company in Nigeria will pay entry level 6m a month. For goodness, that's the amount some professors take home in a year and they are already at the peak of their careers.

Which professor earns up to N6m in Nigeria? Maybe specialist consultants in dem UCH, but I'm not sure even them can earn up to that. How much does the average professor earn in a Federal University?

1 Like

Re: Why Do Entrepreneurs Talk Down On 9-5? by GoldPencil: 8:38am On Sep 19, 2019

Nigeria is the way it is cos u hv more 9-5ers looking for work than creators creating jobs. Supply of workers (fresh graduates) exceeds demand. Unlike in our parents time, the govt was the main entrepreneur, and the average entrepreneurs problem was finding competent staff. They begged ppl to go to school & learn so they could be employable. Demand for 9-5ers exceeded supply. Now every parent sent their child to school and the reverse is the case. So to balance it, more people have to create jobs. Even those with jobs. On a final note. no matter your salary, you will never out earn your employer. you make 3m monthly, imagine d owner.

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Re: Why Do Entrepreneurs Talk Down On 9-5? by hopefulLandlord: 8:38am On Sep 19, 2019

Sleevia:

Did you go into entrepreneurship due to passion or you went into it because you have no choice?

This is irrelevant

1 Like

Re: Why Do Entrepreneurs Talk Down On 9-5? by LZAA: 8:39am On Sep 19, 2019

post=82364360:
ENTREPRENEUR is Bae!

About the generalization part, we don't know about that!!

Re: Why Do Entrepreneurs Talk Down On 9-5? by IamCharles123: 8:42am On Sep 19, 2019

Vincad:

Not everyone earns peanuts like you

Coming from someone that's not even earning at all. Abeg i don't have time for dumb people this morning.

2 Likes

Re: Why Do Entrepreneurs Talk Down On 9-5? by FarahAideed: 8:42am On Sep 19, 2019

pocohantas:
If you are a salary earner, you must be used to hearing these statements from people who are self-employed.

“Immediately after graduation, I vowed never to work for anyone”

“Salary is the token you are paid to forget your dreams”

“Ever since I made up my mind to start my own business, I have realized corporate work is just modern slavery”

“I am my own boss, I control my time”

“You can never get rich working for someone else”... etc

Business people won't allow someone rest. Are we in a competition? The goal is for everyone to earn a living. Why do some of them constantly try to remind us they are living the best life.

These same people have workers o. If we all become business owners, who will patronise the other and who will handle other sectors?

Don't let anybody deceive you there is nothing special about being an entrepreneur than being and employee . I have have done both but been an entrepreneur longer and trust me there are days I wish I was an employee again because of the stress and damage entrepreneurship does to one from your social life , your love life ( if you have not carried your partner along) , the broken relationship with family members especially when you first leave paid employment to start your own gig .. there is no point in entrepreneurship where the uncertainty stop because once we conquer on problem we move to another bigger one .. Trust after really studying both roles I believe the employees have a better overall life at the end of the day because the entrepreneur is really just addicted to pain and dopamine he feels when he wins temporarily only to repeat the circle again . Next time take good look at Dangote and any bank MD and tell me who looks more relaxed and better looking skin wise ..

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Re: Why Do Entrepreneurs Talk Down On 9-5? by Grupo(m): 8:44am On Sep 19, 2019

Hedonisco:

Which professor earns up to N6m in Nigeria? Maybe specialist consultants in dem UCH, but I'm not sure even them can earn up to that. How much does the average professor earn in a Federal University?

I do think most professors in federal unis earn up to 6m a year. Emphasis on "year" not a month.

1 Like

Re: Why Do Entrepreneurs Talk Down On 9-5? by mrwonlasewonie: 8:47am On Sep 19, 2019

pocohantas:

Why can't I get comfortable in my job? Is it your comfortable? Why should a problem lie there?

The Western countries Nigerians are running in mass to; majority don't go there with the hope of trading (this is the definition of entrepreneurship in Nigeria). They go there to do same 9-5, sometimes a less professional one, all to survive.

This means the problem was never the 9-5, but the system, system being the country.

If you can be comfortable with your business despite growing competition and difficulty in doing business which has led to the death of so many businesses in Nigeria. Why should I not be comfortable in my job.

When your business has issues, you blame the government for making it hard for you (and expect me to sympathise with you), BUT when I lose my job- you blame me for being a comfortable salary earner.

Forgetting it is the same system fcking us all, just different styles and orifices.

I am sure there are many 9-5 that your entrepreneurship would never be IMPORTANTER than and vice versa.

Different strokes...

come and take suya and cold malt .Ori E tipeju.you have summed it up

3 Likes 1 Share

Re: Why Do Entrepreneurs Talk Down On 9-5? by HBB1(m): 8:49am On Sep 19, 2019

Hedonisco:

Which professor earns up to N6m in Nigeria? Maybe specialist consultants in dem UCH, but I'm not sure even them can earn up to that. How much does the avaerage professor earn in a Federal University?

A consultant earns more than that biko-- haba naw!

1 Like

Re: Why Do Entrepreneurs Talk Down On 9-5? by CoolAmbience(m): 8:49am On Sep 19, 2019

pocohantas:
If you are a salary earner, you must be used to hearing these statements from people who are self-employed.

“Immediately after graduation, I vowed never to work for anyone”

“Salary is the token you are paid to forget your dreams”

“Ever since I made up my mind to start my own business, I have realized corporate work is just modern slavery”

“I am my own boss, I control my time”

“You can never get rich working for someone else”... etc

Business people won't allow someone rest. Are we in a competition? The goal is for everyone to earn a living. Why do some of them constantly try to remind us they are living the best life.

These same people have workers o. If we all become business owners, who will patronise the other and who will handle other sectors?

I agree with you largely.

However, I think you should modify the topic to read 'some entrepreneurs' or 'so many entrepreneurs'.

I am an entrepreneur and I do not degrade people who work 9 to 5. Why should I? I mean, don't we entrepreneurs need people to work in our teams or organisations? What can we do without these invaluable human resources?

1 Like

Re: Why Do Entrepreneurs Talk Down On 9-5? by Hedonisco: 8:50am On Sep 19, 2019

Grupo:

I do think most professors in federal unis earn up to 6m a year. Emphasis on "year" not a month.

Oh I see. I thought the whole thing was about monthly earnings.

I think most professors in federal Unis now earn more than N6m a year. Its roughly N700k to N1m a month for them. Some earn slightly more.

1 Like

Re: Why Do Entrepreneurs Talk Down On 9-5? by mayormick(m): 8:50am On Sep 19, 2019

missCAPS:
I started my own business a couple of months ago and I bet entrepreneurship isn't as glamorous as these people pose it to be. It's veeeeery frustrating!

truly very frustrating, I just know that a lot of people that go into entrepreneurship do so because they were unable to get a good job especially government job. Anyway is a two way things, I also feel most civil servants especially those that don't really struggle b4 getting the jobs are also quick to say is very easy to start a business. You will hear something like "if I get so so so amount to start a business before so so time I will be a millionaire", is a two way things jare. I just pray God should always bless our hustles

3 Likes

Re: Why Do Entrepreneurs Talk Down On 9-5? by Nobody: 8:51am On Sep 19, 2019

Offpoint:
Cuz Masters have no regards to slaves

And please there's nothing like 9-5 in Nigeria.

Lagosians 4am-9pm
other state 7:30 - 5pm...
One-man-business: 7am.. They decide when you close.

Try get to your office by 9 and see

Very on point. What they call 9-5 is similar to slavery in Nigeria.

Other states you wake 6am and get to work before 7am. To go home 6pm. Lagos is something else.

Only civil servants are exempted. Or very low paying underemployed jobs.

Only consolation is you always have money in excess to spend.

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