Question

Which one is better for leading good lifestyle : A job or a business?

There are many small business I've seen raised in local areas for local services like: Online Food Services, online florists, online saloon etc...Are they successful in terms of business? Mention some drawbacks and some advantages doing online business or doing just a job.

Answer 1

I would say you need to choose a job or a business based on your personality type. Jobs are more individualistic and provide a lot of fixed security, business is basically like an unknown adventure. This is the real reason many people speak about "job security." If you are a person who can freely dedicate a lot of time and energy into something that you would love to do for the rest of your life, get into business. But if you are more of a "nine to five" person, who cannot take or make your own decisions, or lack the edge of tenacity, you'd rather take a job.

Answer 2

There is no correct answer to this but if a business is moving upside its always better then Job specially you are doing a good to the society by generating employment in the system.

Now coming to your second part of the question - Online Food Services, online florists, online saloon etc...Are they successful in terms of business?
Not all are successful, remember businesses have a decent failure rate if we go by the stats the success rate in India for the startups are less then 5%.

Now coming to the third part of the question - Mention some drawbacks and some advantages doing online business or doing just a job.
Advantage of business -
Lot of upside, high level of learning as compare to the Job, you generate the employment in the system (remember if everyone does the job then who will create the job, businesses are the only one other then govt who creates the Job)
Advantage of Job -
Easy life, less stress, stable income

Comments

Thanks for reply... Over to my question part 2- "There are many small business I've seen raised in local areas for local services like: Online Food Services, online florists, online saloon etc...Are they successful in terms of business?"

Is there any stat exists online(year wise, let's take 2016-2017) which you have mentioned in your reply? Can you clarify more..

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Success is a relative term but yes they fill the necessary vacuum in the society, i.e. local employment, local availability of product and services which is otherwise available very far away. And yes they create the wealth also for themselves and their investor also which many a times friends and family.

I dont think there exist some stats what you are looking for as mostly its unorganized industry which runs in a very organize way...