avatarJasbeer Singh

Summary

A software developer reflects on their decision to pursue a stable 9 to 5 job instead of taking risks with start-up opportunities, expressing regret and a newfound commitment to creating passive income and helping others build their brands.

Abstract

The author, with 12 years of experience in software development, shares their journey of choosing job security over entrepreneurial ventures. Despite having the skills, passion, and opportunities to start a software business, the fear of financial insecurity led them to opt for a steady salary. They attribute this risk-averse mindset to being middle-class Indian, where liabilities often outweigh assets. Now, with a decade of experience, the author is focused on generating passive income through writing and assisting others in creating side hustles. They emphasize the importance of building assets over liabilities, inspired by the book "Rich Dad Poor Dad," and have been influenced by sessions on solopreneurship and content creation. The author invites connections and offers assistance in content creation, ghostwriting, and brand building, while also promoting their own products and newsletter.

Opinions

  • The author regrets not taking the risk to start their own business when they had the chance, despite having the necessary skills and opportunities.
  • They believe that their middle-class background and the associated financial pressures influenced their decision to choose a stable job over entrepreneurship.
  • The author now sees the 9 to 5 job as a trap that only creates liabilities, rather than assets.
  • They advocate for continuous learning and the value of sharing knowledge with others, particularly in the areas of brand building and content creation.
  • The author has taken proactive steps to change their situation by learning to create passive income streams and encouraging others to do the same.
  • They recommend reading "Rich Dad Poor Dad" for insights into financial independence and asset building.
  • The author promotes their own expertise in content creation and brand building, offering services and resources to others interested in these areas.

Where Did I Fail To Take Risks At That Time? I Repent Now

Learn why I chose 9 to 5 instead of running a start-up

Photo by Tim Gouw on Unsplash

Having 12 years of experience, I am feeling this. So, sharing with you what I failed to grasp.

I am currently working in an organization and dependent on my 9 to 5 salary for day-to-day needs.

I got stuck in a fake company when I started my career in software development and this helped me to learn tech by heart and code properly.

I was good in tech because I used my pain to learn.

I loved to work in tech and implement the same to build solutions.

I worked for the best client and it helped me to learn how the businesses work.

He helped me understand the market base and other things needed for the business.

In between I got the opportunity to start my own software venture.

I got two such opportunities. One was on a sharing basis where the other partner was going to provide me office setup, internet, electricity whatever it needed for the IT to set up.

He required my willpower, Tech knowledge, and project management ideas. We discussed how we can scale the business too.

But, my fate failed me in that. Because I opted for 9 to 5 at that time.

Again, after a few months, I got another opportunity with one of my friends to start a website development startup and we had a few clients to start.

We developed the websites at very cheap rates but again the fear of securing the future made us both not opt for the idea.

I had that fire in me to work on any tech. I had the willpower to manage a team and projects. I was able to multitask. I had no pressure from the family to come home every weekend or month. I was unmarried — this was the best point for me to think of risks.

But as a middle-class Indian, I opted to work in a 9 to 5, look for a Multi-National Company job offer, and depend on a monthly salary.

I don’t think this is only my story.

But most of the middle-class Asians I think. We fear more. We fear to take risks. We opt for the simple way. We look for easy money We have to pay EMI’s. We have more liabilities than assets.

But, now after working for more than 10 years, I think I have made bad decisions. if I had started at that time. I would have grown in this field by now.

There was nothing to fear at that time. I would have made the best decisions. But as per the conditions I chose 9 to 5.

But now, I am learning to create passive income using my interests and that is writing. I help people too to create side hustles according to their interests, I work with people to create their brands.

Now, I know very well that 9 to 5 is a drug and it will always help you to create liabilities only. For you, assets should be the priority.

Create assets, not liabilities — If you want to read about this fully, do give read to “Rich Dad Poor Dad”.

Recently, I joined a session by Niharikaa Kaur Sodhi on solopreneurship and it changed my mind a lot. I realized what bad decisions I had made at the start of my career.

I enrolled in another session from her on “Linkedin” and learned many things about creating content. How we can write for the audience and put our story in front of them? How we can provide value to our audience.

Learning is a process that never ends. we must learn from each other. I am in a learning process of brand building and sharing my learning with others on Medium, Linkedin, and Twitter.

If you too are looking for content creation, Ghostwriting, and Brand building. I can help you with that. Do ping me on: [email protected]

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