Job vs Business – Difference between Job and Business

Job vs Business

     Once we complete our degree we get confused we should do a job or business. In today’s blog, we are going to see what should we do Job vs Business.
     We are in search of a job and after 2 or 3 years after getting your job at least once we think about starting our own business. Let’s look at the difference between job and business.

Job vs Business. difference between job and business, job vs business in english
Job vs Business – Difference between Job and Business

     If you are working in a company then your guaranteed to get your monthly payment no matter, how much work you do?

  1.      Your working time is fixed.
  2.      You are instructed about the work you have to do.

On the other hand, if you talk about business;

  1.      You don’t know how much money you’ll earn monthly.
  2.      You have to take care of your business and its growth.
  3.      You have to decide what, where, and for how much time you should work

     Let’s take a look at an example  to understand the difference between job and business.

     In this example, 
          We are going to take the life journey ofB.A. Pass and B.A. Fail student.

     Ramaswami after completing his B.E. starts working in a big multinational company, where he gets a big salary. Everyone gets happy in his family by seeing his achievements. He started to feel proud after getting the job.

     Now about Ramaswami’s neighbor, Madhavswami fails in B.A., so his family members get upset. 

     Now Madhavswami doesn’t have any interest in the study, he wants to start a business and he is getting many suggestions for that but he needed Rs.2 Lakh to start a business.

     He borrows money from his mother and uncle and starts the business of selling milk.

     Because of the big salary, Ramaswami buys a bike on his Credit Card and Madhavswami starts selling milk on his old bike 6 months later Ramaswami repaid 20% of the bike loan he still wants 80% of the bike loan.

     On the other hand, Madhavswami had returned Rs 1 lakh to his uncle, he still has to pay Rs 1 lakh.

     One year later Ramaswami is thinking about getting high salary but because of recession none of the employees gets a good hike at the same time price of 1-liter milk increases to Rs 14/- due to which Madhavswami’s profit increases by 30% due to which he is able to return Rs 1 lakh to his uncle.

     Ramaswami repays his bike loan and buys furniture, TV and Laptop on Rs 2 lakh loan. 

     Where Madhavswami buys 12 more cows from his profit and doubles his income.

     After 2 years, Ramaswami gets a 10% hike and buys a car on loan, on the other hand, Madhavswami buys 2 acres of land for his cows. Till this time milk price increases by 30% and his income become 200% greater than Ramaswami.

     Madhavswami buys a car to sell milk, 2 more years later Ramaswami buys a home on Rs 40 lakh home same time Madhavswami has 126 cows and 2 homes. Ramaswami gets a 10% hike and milk price increase to Rs 40 because of which Madhavswami’s income becomes 500% more than Ramaswami.

     Now after 5 years, Ramaswami is disturbed because Madhavswami is the owner of 4 crores and has a monthly income of Rs 5 lakh, and him has 25 workers, at the same time Ramaswami annual income is Rs 7 lakh and Rs 40 lakh loan.

     In 2008 milk price was Rs 10 and now it’s Rs 40 same way the gold price was Rs 12,500 but now it’s Rs 41,000. In this period, employee’s average salary increases by 30% but commodities price increases by 300%.

Business is run by your Gratitude but the Job is by your Boss.
In Business, you are the boss but in Job, you work under Boss.

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