Entrepreneurship isn’t for everyone & the whole “side hustle” passive income usually sounds like another job in itself.

@EspritsFantomes

10 ай бұрын

I’m going to start a side business and it’s work. Someone told me it’s passive income, how is packing products and ship them “passive” income?!

@emilyau8023

10 ай бұрын

My boss is also really sweet, so I don't relate to them saying their boss is horrid.

@Lonovavir

10 ай бұрын

Side hustle is another way of saying 2nd job. Passive income isn't, it's more like front loading your work.

@simplevisuals

9 ай бұрын

I’ve been doing my graphic design/social media management side hustle for 5 years…it IS another job 😩 I work 3-4 hours every night after my full-time day job. Sure, money is great (I make $2,650 extra a month), but BOY, I’M BURNT OUT AND TIREDDDD.

@liizzset

9 ай бұрын

@@Lonovavir As a person starting on this any tips? Especially getting clients. Also hope you get some sleep too.

If we’re all entrepreneur, then the world wouldn’t function anymore. Let’s be real with each other

@jude_210

7 ай бұрын

more like we go back to the way things were before the industrial revolution

@McFlashh

7 күн бұрын

The world wouldn't function without entrepreneurs. They start companies, provide jobs and increase economic output.

@dxrkr8842

Күн бұрын

​@@McFlashh and the exactly question is "who's gonna be the worker then?" being able to understand a context is real important

@dxrkr8842

Күн бұрын

though..that depends on the person perspective as theres always be the both roles

With my level of anxiety I could never start my own business or free lance. Having steady income with benefits and the peace of mind that comes with that is far more important.

@bluz1864

8 ай бұрын

I maybe late to this but yes! I remember someone told me that a day job is also not stable because I can get terminated. While true, I still prefer not having to worry about another person's income or having to chase new client every so often

the only problem is we need some people in 'regular' jobs, we need doctors, nurses, lawyers

@who3237

7 ай бұрын

like if there isnt a shit ton of those already 😂

@cniknik9863

7 ай бұрын

​@who3237 we are actually in a nurse, pca, and teacher etc dryspell because of low wages and burnout.

@chocolatedoughnut1305

Ай бұрын

Forget that stuff, I need restaurant workers and grocery store workers and plumbers and mechanics and garbage men and postal workers

@sharmisthamona1

Ай бұрын

@@who3237 no there isn't kid

@who3237

Ай бұрын

@@sharmisthamona1 who cares anyways

I've done both. Co-founded a startup last year and was the CPO (Chief Production Officer). We made that role up because it was a creative startup based around musicians and live-streaming. I was the only musician on the team and also a filmmaker. After pitching for months and completing an accelerator program, we successfully raised $1.5M from investors and were able to pay ourselves six-figure salaries. Sounds great, but it was truly a 24/7 job. I spent most of my nights at concerts and working with venue owners, which is also not as fun as it sounds. Had to hire people as well - I never want to be anyone's manager ever again, it was a nightmare. My co-founder stabbed me in the back and kicked me out because he owns most of the shares (the original creator of the company). I had nothing and have spent most of this year digging myself out of a massive debt hole. I work from home in a fully-remote 9-5 now. Never been happier. When people ask me about startups I don't kill their dream but I do share my experience honestly.

@mooselovesu8146

9 ай бұрын

Thank u for sharing your experience here

@Lonovavir

9 ай бұрын

Ouch, I saw something similar happen. The manager stole the owners client list and copied his business model after pretending to be loyal for a year. And stole some money to boot.

@karlasouza6104

9 ай бұрын

@CamJames can I ask how did you find your remote work or the company? I want to quit my job, very toxic environment, entrepreneurship doesn't sound like it'll be for me and I would love working for a company remotely, having a stable paycheck, I'm okay with being an employee, my dream isn't Instagram rich, is just not to struggle and being able to be there and present for my family, having a long commute steals up to 15-20 hours a week and in public transportation it's longer, I'm just exhausted. TIA, any advice is appreciated, your comment was very interesting, going into a startup also means you don't clock out

@lin_win7777

8 ай бұрын

Wow, being strapped in the back is the worst thing in creating a business… Hope you got the best experience and now enjoying your life 😁

@dericmederos1514

8 ай бұрын

This is what I expected. I used to buy into "Quit 9 to 5 and become an entrepreneur and own your time" of course, these videos never ever mention the fact that owning your business is a 24/7 experience. You're not gonna be on a private jet, answering emails and sipping wine. You're gonna be stressed

The problem with these entrepreneur, mindset, hustle, passive income influencers is that they still believe “working hard” is the key to becoming a millionaire. And if you fail, you haven’t worked hard enough or your mindset is wrong. I wonder when they’re going to realize the nuances in the path to becoming wealthy. Yes hard work can make you rich, but it’s no a guarantee and most people haven’t gotten rich through hard work. Our understanding of hard work is warped to begin with

@DreamAboutMe823

8 ай бұрын

They don’t believe that. They want you to believe that. So that you don’t blame THEM when you buy their course and still fail. You’ll blame yourself and think you didn’t work hard enough.

@DagnirRen

7 ай бұрын

To be a millionaire you have to work smarter, not harder. Heck, many are actually throat cutting criminals evading taxes and other stuff, I see stuff like that come to light all the time. Notorious example is the FTX situation.

Yep. You probably do need to be an entrepreneur if you want to be fabulously, insanely wealthy (i.e., several homes, luxury cars, private planes, yachts, that level of wealth). But if you "just" want to be rich, you do not. Make money. Spend less than you make. Invest the difference. Do that consistently for 10+ years, and you'll be amazed what you can accomplish. Good content as always, Cara!

We started a company in 2017, and had to go "cockroach mode" during the pandemic. Let me just say, going back to having a consistent income has been SUCH a relief. Entrepreneurship is so stressful, and I feel like that doesn't get highlighted enough

@thefinancialfreedomgirl

10 ай бұрын

ugh yes consistent income is a huge relief!

Not everyone is skilled to become entrepreneur. In fact, being an entrepreneur itself is a job. The secret is to earn money without all the unnecessary stress. A side hustle is a hustle.

On my personal end; I feel like working on my creative side has made me really happy and eventually, I will get a job that satisfies my logical side of the brain but honestly, I just wish the 4 day workweek was the norm but most people are too ignorant to make that the norm on a wide scale in such little time even with all the good evidence.

@ambiarock590

9 ай бұрын

I'm a software engineer and I don't overly *hate* my job but I don't enjoy it either. If there is a job I can find that I actually enjoy I would gladly take it even if it weren't applicable to my degree and even if it paid less

@Adelink_lol

9 ай бұрын

Its a neutral feeling; I think I understand. Would you perhaps say the side you hate more has to do with the lack of work-life balance and lack of vacation times each year? I learned from an old professor of mine who worked in the corporate world that vacation times really depend on where you live; for example, Europe tended to be more relaxed on giving vacation time to professional workers which I found interesting.@@ambiarock590

Thank you! I hate that 9-5 jobs are vilified. I would love to see a similar video on college and university.

@penguingobrrbrr353

9 ай бұрын

9 to 5 is literally dream job. Most jobs are 10-12 hours or some weird hours you work

@DagnirRen

7 ай бұрын

@@penguingobrrbrr353true. The problem really is what kind of 9-5 it is. Are you in a cubicle at a telemarketing center, or are you at a hipster office with work couches and free food.

@penguingobrrbrr353

7 ай бұрын

@@DagnirRen the thing is... does it really matter what the job is ?. You still get paid and work 9-5. Its up to the people. If you like the one and the other is bad do what you can. There is no 'love' or 'dream job' etc.. you just get used to it.

@joandarc441

6 ай бұрын

​​@@penguingobrrbrr353 depends especially if that person lives on a third world countr despite having overtime ain't enough.

@penguingobrrbrr353

6 ай бұрын

@@joandarc441 Most third world counteries barely have water and food. Let alone 9-5 jobs. 9-5jobs are in first and second world countries. Maybe overtime isnt enough in second world coutnries but its enough in overall conditions. If someone is in third wolrd country he or she should move out for the sake of his family or himself.

9 - 5 for me! Love the work I do, my mornings, evenings, weekends and holidays are 100% mine and I’m lucky to be on a salary where I can invest and pay the bills 🙏

@sexicator1411

2 ай бұрын

Great man. Cheers

@user-gd8ib3hv7e

15 күн бұрын

Me personally I would never

Not two hours ago I was walking down the street when the thought popped into my head "I keep hearing the only way to get rich is to become an entrepreneur, I guess I have to start a business now." I'm grateful for your well timed video and the reminder to critically evaluate these messages we're receiving all the time.

I've known people that started their own business and it's not much better than a regular 9-5. People need to know that starting your own business won't necessarily make you rich

@Lonovavir

9 ай бұрын

Starting your own business has problems of its own: You have to hire people and pay them, you'll be working at least 60 hours a week (that can be up to 100 during the first year, so much for making your own hours), you have to answer to more people, customers, employees, the government, supply chain people, etc. It's the classic out of the frying pan into the fire situation.

I’m happy with my traditional career! My company has a culture that aligns with me and have a great boss. Our hard work is recognized and we are well compensated, have great benefits, and have flexibility with our schedules. Im a big believer in leading versus managing. It’s a completely different story if you don’t love your company and don’t have a good boss and dread work each day (I’ve been there too!). I’m completely okay not being rich, but have lived comfortably making 6-figures for a while (and getting raises and every year) and that’s plenty for me. Most of the time I have a good work/life balance. These days I actually value my days off more than raises. I’m really thankful for stability and job security too. Being an entrepreneur is awesome, but traditional careers can be awesome too!

@emilyau8023

10 ай бұрын

These so called entrepreneurs are making money by their content that says to people to quit their job and become one. That and their dumb courses.

Entrepreneurs.. like we really need one more vain person peddling pointless bullshit or ideas in an already over saturated world. As a nurse I can confirm we need people willing to do actual jobs that benefit the world.

@Lonovavir

10 ай бұрын

I worked in a doctors office and can verify we need more Indians and fewer chiefs. Understaffing is a serious problem in the medical profession and people wonder why Healthcare is bad.

I grew up with parents who were very much into personal development and personal finances and they both became entrepreneurs. As I got older, I watched them grow with their business and make their wildest dreams come true. They always taught me how I can do that myself one day. And even though they did tell me "it's ok if you just want a 9 to 5, we support you in anything you do" I always felt like I was wasting my potential by not starting my own business like they did. Thank you so soooo much for making this video. Having a different perspective on this subject that is more in tune with this season of my life gives me more hope and motivation for the future. This video means a lot to me! I wish you alk the best in all your projects and everything you do.

Everyone wants to start a business and become a youtuber/influencer. Its funny because the OG creators make it seem easy but if youre actually creatijg content and not reacting to content its a lot of work.

I want to work for myself as an artist, fully knowing I will make less money than if I worked a 9-5. But I’ve worked 9-5s and it’s just an impossible situation for me. I have way too much anxiety, just having a supervisor at all makes me feel like I’m already failing. I get more and more depressed and exhausted every day, my productivity goes down and down, I never go above and beyond, I’m usually late on my projects, and then I get mediocre reviews. If I stayed in that environment, I’d be too exhausted and depressed to do anything other than wake up, work, and go back to sleep. I’d never have energy to meet a partner, have a family, spend time with that family, or do anything else. I’d never get a promotion and I’d get the bare minimum raises. So for me striving for self-employment is not to get rich, it’s to get happy.

Our kid selves were incredibly stupid and knew nothing about life. Childhood dreams are just that. And that coming from someone who wanted their current role since preschool, but is definitely disillusioned by how society works. I still enjoy my job, but there's a bunch of boring tasks and emergencies that have me wishing for a de-growth future. Plus, kids know nothing about adult happiness -they haven't experienced grief, loss, failure, existential crisis, they can't even phathom the amount of compromise required just to stay alive.

Thank you for another very useful video! So true! Entrepreneurship is not the only path. I have many good friends and family members who worked normal jobs, but were frugal, and retired in their late 30s or early 40s with plenty of money. Some companies even match your 401k, which is super nice. Plus, the larger companies often offer better benefits, sometimes even a gym, a cafeteria, health insurance, life insurance, workers compensation, etc.

As a resume business owner, a doctoral student, and a social butterfly, being an entrepreneur is NOT my end goal. I’m so glad my business is steady and manageable. I don’t want it to be anything significantly bigger.

@thefinancialfreedomgirl

10 ай бұрын

love that for you!! that's awesome :)

Depending on the job, it also grants you a level of access that wouldn't be possible as an entrepreneur who just started. I'm extremely fortunate to work in a position at a company with a level of access to resources that would be outright impossible for an entrepreneur to get. I'm learning so many skills and dealing with unique challenges that push me to become better and better at what I do. And there's a comfort and assurance in knowing I've got enormous potential for career growth ahead of me, especially with where the industry I work in is heading

I’d love to start a business, but I’m literally not passionate about anything other than sleeping and watching KZread videos 💀

@KcMcclary

9 ай бұрын

Make a KZread channel that has ambient noises and meditative music for ppl to go to sleep to.

Let's be honest; we are not all the same person. We have different wants and needs, how could one single option fit all of us?

I enjoyed working at my 9-5. =D My 9-5 was a startup where I learned so much. I no longer have a 9-5, but those 9-5 years were some of the best in my life.

@RiruKrypto_

10 ай бұрын

Wished I could enjoy my 9-5 but politics made it less fun.

I'm actually starting work as a travel agent starting a cruise travel agency business which has me really anxious and worried that it might not work out too good, which is why I'm so glad that you're making this important video

If you need someone from a youtube short or tiktok to tell you, you can be an entrepreneur, and here's the steps how to do it... if you find inspiration from that to enter that sphere of life and work... it ain't for you. Real entrepreneurs and business people are sharks, literally killers that, if they could get away with it, would do it, they don't need Andrew Tate or Jordan Peterson to tell them to breathe and keep their backs straight... lol... so many people are setting themselves for a knockout they don't even see coming. It's sad, and it makes the whole world more frustrated and increases the negative energy in everyone

Being rich is not about fame or flashiness. It's about security and comfort

@thefinancialfreedomgirl

10 ай бұрын

yes to this!

@JT_Saenz

8 ай бұрын

AMEN TO THIS!!

I’ve owned my biz for over 20 years now. Honestly i wish more people talked about how hard it can be. Especially the tasks you might not be good at. I see the gurus just say “hire it out” w/o any real understanding of what that means or how hard it can be. I have several tasks i hate that i can’t hire out (or at least not at anything i cold afford).

@EspritsFantomes

10 ай бұрын

I’m starting a side business and I’m struggling with paper work. As an entrepreneur I don’t have as many paperwork as people starting companies with several others but I almost lost 1000€ of products because I didn’t have a number. I was sweating, for once the french administration was fast and they saved me I also don’t have the funds to pay someone so yeah…

@emilyau8023

10 ай бұрын

It doesn't make an eye-catching headline to tell the truth.

I’m so glad you’re making a video about this. I’m working on a book about this exact thing

I’m not very entreprenurial at all, I have no drive at all to do any of that, and while I don’t love working 9-5 I see no better realistic option right now. Also entrepenureship might be more romantisized in the US than let’s say, Sweden (where I live) because of the differences in culture and political landscape. I have a job as a UX-designer and my role is sought after, even a bit entreprenurial one could say, and will continue to be for a long time, plus there is lots of room for growth. What I’m not very good at is investing my money. I have to make a better plan. 🤷🏼‍♀️

@SwedishTourist

10 ай бұрын

@@squiresandspurs219 yeah, there basically are no half time jobs in ux, at least not where i live :) i don’t really feel like trying something on the side, don’t know what that would be

@lin_win7777

8 ай бұрын

Why don’t you explore “safe investment” options? There are so many possibilities to multiply finances by doing right investments, which is not entrepreneurship.

@SwedishTourist

8 ай бұрын

I'd love to make a YT channel, been dreaming of it since my teens, I'm 30 now. You know, I even bought a tripod and another camera stand a couple of weeks ago, that's how much I wanna do it haha. But I'm so scared lol, scared of showing my face. But showing my face would be the kind of content I'd like... Huh... Scary. I'll talk about it with my therapist and we'll see how it pans out when I'm in a healthier state of mind. It sounds extremely fun and rewarding. :)@@squiresandspurs219

@SwedishTourist

8 ай бұрын

@@lin_win7777 Yeah, well I just bought an apartment which is *hopefully* a good investment because that area is getting more and more popular, and I bought it for quite a good price since europe's economy is very inflicted by the war. So I'm planning to renovate a little bit (for comfort and as a long term investment) to be able to sell it for a higher price. Then ofc I have invested some in funds, but I really need to up my game in that department and make sure my portfolio is all balanced, because atm it's probably not. Thanks for the encoragment :) If you have any other suggestions please let me know !

I really appreciate your much more realistic view of things. I have a full-time job and do film making on the side. It's incredibly hard, but it's made even harder when other people get involved who have been told to "quit their jobs" and expect a guy like me to pay them 50 thousand dollars per film. It's just not realistic and it's harming our economy. An actor in an independent small film might make $500 in reality. A director? Maybe $800. That's reality.

First I want to say how much I appreciate your videos and ways you deliver them in calm style. Second, I agree that entrepreneurship is a bit distorted due to fake gurus and all the videos. As someone who discovered financial literacy 2 years ago as well as who is entrepreneur. It seemed so fresh and promising. However, after learning how much effort, sweat, time, and money have to be put in, it made me stop day dreaming. Instead, I found out my own way and reason why and how I will become financially independent living a quality life. I’m in college, studying, I plan to go to work in the company, and along with that I follow my plan. Building something without proper experience, plan b, c, d, and out of FOMO is not a smart move, in my opinion. As sad as its sound business is not for everyone, but being wealthy is. Depends on how you do it.

9 to 5 is a good way to start having multiple income streams, build them while you're being paid on the clock.

Great video!! Most of these side hussles are more work and responsibility than an office job! From a CPA whose done both.

Being self employed won't make you rich, but having healthy habits will. I never wanted to be rich, just comfortable and stable. 9-5 can work in your favor and so can self employment. Just depends on your end goals.

My life changed a lot since I sarted focusing in my carreer as I always should have done.

This just popped up on my feed. Very insightful video demonstrating that you can do either or. Life is full of choices and you get to choose whatever is is you wanna do. Thanks!

Thank you so much for this video. I really needed it, and now I feel better about where I am in life.

I used to stick with 1 corp while trying to build something. When i started embracing the corporate climb thru job hopping, I started getting ahead.

Topics I would love to see you cover: alpha male podcasts and their impact on social culture, and podcasts/KZread as vehicles for MLM’s specifically based around health and fitness.

@goom-

9 ай бұрын

there are already too many videos covering alpha male podcasts

@katelynnburnett2258

9 ай бұрын

@@goom- true, there are many. But I like the way Cara specifically covers things and would like to hear her thoughts on how the culture often promotes extreme lifestyles that can be financially difficult to achieve and sustain, not just the ethical aspects.

I'm too introverted to start my own business and I'm struggling with finding more work hours as well.

@ambiarock590

9 ай бұрын

Personally I don't look for more hours (as long as you make enough to live). I learned that lesson the hard way in fast food. If you are the employee who always takes on more and more tasks, your boss is probably gonna pile more and more work on you, and that extra stress is very likely NOT going to be worth the supposed raise you'll get after a year of suffering

I am glad you are coving this topic. I have related to so many points you have made in this video.

I love your channel! You're the most genuine youtuber I have come across and you speak the truth.

Question: In your opinion, how does someone balance a public side hustle like YT while in the 9-5, without it being seen as a conflict of interest? I'm battling whether to start a channel anonymously because of this but want to make an impact in the personal finance space. Great vid as always! Happy to be subbed ☺️ To answer end question: Yes, I believe in a side hustle alongside the 9-5 makes more sense, bc you keep the benefits ehile "scratching the itch."

@AdamProkopiakIV

9 ай бұрын

This question gloomed over me as well before I finally decided to quit my job and go into KZread. I think it could be done. Either options comes with its sets of benefits and challenges.

you're absolutely right and reasonable and its part and parcel of why i love your channel despite the fact that I did start my own FBA amazon business like more people should listen to your advice it's so obvious.

Agree with most of what you said, except this: "it's relatively easy to pivot and job hop..." I'm guessing you haven't tried to find a new job in a while. The current market is the worst it's been since 2008. A lot of people are considering entrepreneurship right now because they have no other choice.

I don’t think I ever have felt miserable clocking into my job. I’m so sorry for those who feel that way

@leonhartdragomir8948

10 ай бұрын

You're lucky. And I'm glad for you. Make sure to enjoy your life.

I only hope to meet you one day by pure coincidence and share a cuppa joe and conversation with you Nicole! You’ve recited everything I’ve reflected in my working life for the past few months. Feel kinda burnt out, but you are right so long as you bear true faith to your values, you’re going in the right direction and probably don’t even know it. Thank you🤠

I completely agree with you Cara! Being an entrepreneur is not really for everyone. I know people who tried it but it’s just not in their blood to run a small business, more so, it pushed them even more to a stressful life over a 9-5 job. Some people who just likes to live a simple, sustainable life doesn’t mean they are not ambitious in life, they just know what they like in life. And being rich doesn’t always translate to happiness and self contentment.

@manoftomorrow5987

10 ай бұрын

Businesses fail because the owners didn't realize that you have to work harder than you did at a 9-5 that you hated. You have employees now that "hate their boss/work" and have so many responsibilities, and your work hours are literally about 20hrs a day. Ppl see the trips and cars not realizing that those owners are still working but they're showing you the social media highlights. Those cars are business assets...stay in your lane. It's not for the lazy and those who complain about work.

I found your channel a few days ago and wow, it's not often that I find content that stimulates my brain the way yours does, good stuff Cara!👍

@thefinancialfreedomgirl

10 ай бұрын

yay that's so great to hear, thank you!

I've always assumed most people making entrepreneur videos are either grifters, people wanting to become influencers, or children of wealthy parents looking for adoration. A 9-5 where you can work towards something you find meaning in and pays 1.5x median salary or more reliably is where it's at imo.

This is such a great video, I feel like everyone needs to see this.

Your videos always calm me so much. Thank u

@thefinancialfreedomgirl

10 ай бұрын

so glad to hear that, thank you ☺️

I love your content but also, your voice is very soothing 😊

Each of your videos is very inspiring and thoughtful, I found this channel not much time ago and now it's one of my favourites. You are doing a very good job!

@thefinancialfreedomgirl

10 ай бұрын

Thank you so much ❤️

Finally someone is talking about this. Thank you!! Everyone cant be an entrepreneur. Also, not everyone even wants to be one.

Stability is something I have really come to value in my life. Knowing I’m getting a paycheck every week as long as I pull my weight is enough for me. It’s grunt work but it’s “essential”

I am just so glad I ran into your channel a few months back. I look forward to seeing your new videos which I wish you did more of!

@thefinancialfreedomgirl

10 ай бұрын

thank you!! I'm hoping to do a bit more here and there beyond my every 2 week schedule, I really appreciate your kind words and support ☺️😄

I love your comment about watching out for grifters. The last person I knew who wrote a book about this ended the book with an offer to “mentor” anyone who would sign up for a $1x,xxx mentoring cost?! What?!

I can't help but feel that there are already too many businesses in this world, for every niche product or service there is already 100 businesses that service that need, I just don't see the need for more entrepreneurial businesses, so that's why I hate this trend of all these get rich quick gurus telling me the same thing of "starting a business is the only way to live"

Wealth is this: if you make enough income to cover your expenses and have enough leftover for emergencies. Anything beyond that is excess, and that takes your mind off focus.

@zaidyunis9240

10 ай бұрын

Absolutely well said

@dreadfuldeadlinesessaytuto3892

9 ай бұрын

@@zaidyunis9240 Thanks

@ambiarock590

9 ай бұрын

That's the mindset I've adopted. I want enough to live comfortably, be able to take nice vacations here and there, and have enough in case of emergency like a job firing (cuz job security and severance packages aren't a thing in the job force). What's the point in having millions of dollars if you're miserable every single waking second?

@dreadfuldeadlinesessaytuto3892

9 ай бұрын

@@ambiarock590 Agreed.

@henricoude3583

2 ай бұрын

I think it’s also important to be able to invest at least a little

Love this content.

I agree with a lot of the points in this video. I am of the belief that sadly in this state of affairs of the world(at least my own) having one job* is dangerous. You need multiple income streams. And working a typical full time job makes it hard to pursue other things. Sure you could get a part time job but then schedules can conflict. That’s where entrepreneurship to an extent becomes more alluring. Freelancing, side hustles, those things help fill in gaps. That being said, I also hope for a better future where people can just have one job and be comfortable. ❤

Hi Cara, every video makes me reflect! I'm thinking about what being rich for me means, as per your subjection. I was born and live in Italy with my whole family. Italy is a country full of expats and it’s also the second oldest country in the world, meaning that the Government is fully concentrated on “old people” policies, such as making retirement accessible. In this context, since the day I was born, my parents have always encouraged me to study languages so that expatriate could be a possibility for me. Italy is not a poor country per se, but welfare could be better elsewhere. Getting back to what being rich for me means, it’s basically being able to stay in my beloved native country Italy being able to give my kids what my parents gave me: a good education, good quality food, the opportunity to travel and a nice civic mentality. I really hope to reach this status in the next 5/10 years without ever having to live above my means. Thanks for sharing this video

@thefinancialfreedomgirl

10 ай бұрын

thank you for sharing what your version of wealthy is! that sounds like a beautiful life :) wishing you the absolute best on your journey!

I work a 9-5 and tried several times to be my own boss. Last try is currently as immigration consultant, the fact that I am not answering to my boss at my job after 5pm is much better than having to deal with my clients messages, emails, contact forms, inquiries let alone paying business bills. Its tough and not for everyone.

My mom own business, very small, but stable. No weekends, vacations once in 3 years. Always communicating with people. I dont like my 9-5, but at least i dont have to work 24/7

If every one is an entrepreneur how’s going to work for you. You need people that are ok with a 9-5

@ambiarock590

9 ай бұрын

There are lots of different roles that need filled in society, and this is no different. There are some things that need done and you have to have people who are willing to do them. Same goes for employees. If everyone was an entrepeneur then I don't think society would hold itself together very long.

As someone with a 9-5 type job I prefer having the ability to clock out and go home and not have to think about my job until I go back to work. I think I'd hate having a business that may or may not need me to be available at any point in time

This is one of the channels that gave me the courage to start my KZread channel 8 months ago about self development. Now I have 922 subs and > 700 hours of watch time. I know it’s not comparable with others but I’m still proud I started because I’ve been learning so many lessons that I could haven’t learned without getting started in the 1st place.

@YoYo-gt5iq

Ай бұрын

Nice job. Hope you're still growing.

@nathananderson8720

Ай бұрын

@@YoYo-gt5iq Thank you! What I really focus on is the value of the content and what I’m truly passionate about while helping others! I'm glad that I'm foolish enough to believe that I can actually start making money through my passions. I've never thought that I'd be able to gain more than 2k subs faster. I can't imagine how many opportunities could have been wasted if I didn't have courage to go after them. That includes having this channel, being in a management role, having the people who actually care about me for who I am, freelance gigs, being an ambassador in a creative community and now I'm also planning on honing my public speaking skills through joining a toastmaster club and these all happened in 2023. It started with writing them all down on a piece of paper. A paper that serves as a reminder for me to go after what I want even through hard times. I'm not bragging about my accomplishments but simply hoping that this message can also inspire others to believe in themselves.

We go into business to be wealthy. U stay in a job to pay your bills. We don't do everything ourselves in business, we employ the smartest people..

Another great video ☺️ this message is especially important in this day and age with socmed spewing this narrative 24/7

@thefinancialfreedomgirl

10 ай бұрын

thank you! so glad you liked it :)

Entrepreneuring isn’t for everyone, and I personally would never demonize those who like having that stable paycheck. The reason I’m in my business is because what I do fulfills me, it’s hard yes, there’s a lot of work, and getting clients is no easy feat, but at the end of the day, as long as what you’re doing gives you joy that’s all it matters.

My 9-5 comes with amazing benefits and access to resources. I get mentorship, guidance, retirement options and financial stability. Work life balance is amazing. I don’t want work stress to live in my home/safe space, getting to leave it at the office is my preference. It’s not for everyone, but being a cog in the machine isn’t always bad.

As a full time entrepreneur I have been looking into working outside of the home for a while now. I absolutely love my job but it doesn’t offer the financial stability that a consistent income does. Plus the addition of benefits and a 401k are enough to sway me in the direction of splitting my time between WFM and a job elsewhere

I'm interested in the FIRE life, personally. Never really connected with any form of work, though maybe with more extreme work-life balance, such as a 10-15 hour workweek, I'd be happier working.

@thefinancialfreedomgirl

10 ай бұрын

yes to FIRE! :) that's what first got me interested in personal finance!

@ambiarock590

9 ай бұрын

Id gladly take 20 hour work weeks and less money. Id gladly take a massive paycut for a massive reduction in hours (as long as I have enough to be comfortable)

Even though I work at a 9-5, I want to upskill and build side hustles as a buffer because even 9-5 are no longer stable anymore. For me having a 9-5 and side hustle is a good compromise because you get the best of both worlds lol

Amazing video, great points, and you are awesome in your presentation 🙂 charming, beautiful and a lot of personality

@thefinancialfreedomgirl

10 ай бұрын

thank you so much :)

Hey ma', new Cara video just dropped

Amaaaazing content

I just love this channel

@thefinancialfreedomgirl

10 ай бұрын

thank you! ❤️

Good content

I am studying medicine rn, and everyone around me says I need to open a clinic. But they just don't understand how much headache comes with it. I don't want to own a clinic and to be responsible for other people’s paychecks. Being responsible for my patients is enough

I like this video, pretty practical reasons to honestly not start a business, I would love to start a business to just have that generational wealth wojld be nice. In reality I just wanna spend my days inventing stuff and building things all day as a job, but life is expensive so I gotta work a job I hate till I can find something better.

Do you edit your own videos? Well done.

I love mint mobile 😊❤

While being your own boss sure has a nice ring to it, I feel many people heavily overestimate the level of independence you have as a business owner. Most small business owners are about as independent as a middle manager. While you might not have anyone above you, you’re still answering to clients, employees, the government, investors, banks, etc. In the end it doesn’t matter if you need to fulfill some quarterly deadline or pay rent and a bank loan. It’ll lead you into the exact same conflict situations, just in one case with your private money on the line. Most self employed people I know work much longer hours then me being a regular employee and while they do earn more per month, I earn more per hour, which in my opinion is the much more important metric. Having money is nice, but if you don’t have time to spend it, it’s rather pointless in my opinion.

As a qoute on qoute entrepreneur shit sucks man. I run a live bait business in texas which sells live shrimp and croaker. The money is good but im going to school to become a process technician. The only pros is the money honestly. I make between 150 to 600 a day. The cons are working 7 days a week from spring to fall. The wear and tear of carrying buckets constantly. The uncertainty of your bait dying before being able to sell it to a wholesaler. I just wanna work 12 hour shifts and make enough to chill

Most people I know who work 9 to 5 jobs are generally happier and more stable. Its the overnight "New Money" folk that are train wrecks. You dont need to be rich to live a simple, peaceful, comfortable life. Like Jay Z said, more money, more problems. Its a real thing. Trust me.

I want to start my own business mostly because I want to do my own thing and I hate working for other companies.

What does that mean?

40hr work week? My job is 60-80 hrs to be on top. It’s madness. I wanna run away!

Half of bussiness fail after 1 year, 90% fail after 10 years, that's an important factor a lot of "be your own boss" people "forget" to warn you. If it was easy or guaranteed, everyone would do it.

@emilyau8023

10 ай бұрын

I don't think a lot of people understand statistics, sadly.

If everyone were to follow with those scammers' advice, who will drive busses? Clean streets? Construct houses? It's not practical, and believe it or not but some pple are satisfied with having a 9-5 job while not being in a management position, while others in different position are miserable (Shall we talk about Matthew Perry?)

The word “entrepreneur” is like the word “prank” it’s lost it’s meaning. Too many idiots on social media use it. No social media person is an entrepreneur. These influencers are literally nothing without social media.

As an entrepreneur myself, I can only say that is not for everyone.

I don't want to be rich, I just want to be paid enough to afford to live

Also having more money costs more money. If you ever can own a house you pay a lot for water gas electra and you pay tax and insurance. Food is insane and health insurence is expensive per month 2.

@Tamara-gl5vk

10 ай бұрын

Haha you ahve to pay 40% tax on whatever you earn when you have a business. Plus 21 tax(you calculate both seperate) plus you have no vacation days, you have no paid days sick. You have no sicurity when you get sick longterm. You have to set up for if people sue you. And you can not get a house loan. Yeah does not sound great.

this reminds me of when my ex-friend asked me why i want to be a chemist, dont i want to be famous? thats why were not friends anymore