Entrepreneurship vs. Employment

Hello all !!! I just recieved this funny email which portrays the benefits of entrepreneurship vs. Employment. Read it and find yourself laughing at the end, however don’t forget that the story has a moral lesson. After reading the story, you might stop your job search. Find out more . . .

An unemployed man is desperate to support his family of a wife and three kids.

He applies for a janitor’s job at a large firm and easily passes an aptitude test.The human resources manager tells him, “You will be hired at minimum wage of $5.35 an hour. Let me have your e-mail address so that we can get you in the loop .Our system will automatically e-mail you all the forms and advise you when to start and where to report on your first day.”Taken back, the man protests that he is poor and has neither a computer nor an e-mail address. To this the manager replies, “You must understand that to a company like ours that means that you virtually do not exist. Without an e-mail address you can hardly expect to be employed by a high-tech firm. Good day.”Stunned, the man leaves. Not knowing where to turn and having only $10 in his wallet, he walks past a farmers’ market and sees a stand selling 25 lb. crates of beautiful red tomatoes. He buys a crate, carries it to a busy corner and displays the tomatoes. In less than 2 hours he sells all the tomatoes and makes 100% profit. Repeating the process several more times that day, he ends up with almost $100 and arrives home that night with several bags of groceries for his family.

During the night he decides to repeat the tomato business the next day. By the end of the week he is getting up early every day and working into the night. He multiplies his profits quickly. Early in the second week he acquires a cart to transport several boxes of tomatoes at a time, but before a month is up he sells the cart to buy a broken-down pickup truck.At the end of a year he owns three old trucks. His two sons have left their neighborhood gangs to help him with the tomato business, his wife is buying the tomatoes, and his daughter is taking night courses at the community college so she can keep books for him.

By the end of the second year he has a dozen very nice used trucks and employs fifteen previously unemployed people, all selling tomatoes.

He continues to work hard. Time passes and at the end of the fifth year he owns a fleet of nice trucks and a warehouse that his wife supervises, plus two tomato farms that the boys manage. The tomato company’s payroll has put hundreds of homeless and jobless people to work. His daughter reports that the business grossed a million dollars.

Planning for the future, he decides to buy some life insurance. Consulting with an insurance adviser, he picks an insurance plan to fit his new circumstances. Then the adviser asks him for his e-mail address in order to send the final documents electronically.

When the man replies that he doesn’t have time to mess with a computer and has no e-mail address, the insurance man is stunned, “What, you don’t have e-mail? No computer? No Internet? Just think where you would be today if you’d had all of that five years ago!”

Ha!” snorts the man. “If I’d had e-mail five years ago I would be sweeping floors at Microsoft and making $5.35 an hour.”

Which brings us to the moral of the story:

Since you got this story by e-mail, you’re probably closer to being a janitor than a millionaire. Sadly, I received it too….

Happy Reading…

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5 Responses to Entrepreneurship vs. Employment

  1. Iris says:

    Very interesting read, but establishing a small business is not easy. Over 50 percent of small businesses fail within 5 years or less. Here’s a link to an article that details the reasons why so many SBA are unsuccessful:

    http://www.captureplanning.com/articles/69960.cfm?

    Despite the odds, I’m thinking about divulging into entrepreneurship myself.

  2. zigfred says:

    Iris: I agree. I think the statistics are even higher than that. However the rewards always outweighs the risk. Even if you fail for several times the most important thing that you learn from those experiences. This will help you become a more better entrepreneur in the future.

  3. Iris says:

    Thanks for the tips!

  4. GlennComanda says:

    Hi Zigfred. Nice story, thanks. I know this post is quite old, but the lesson that the story tells everyone who reads it will still be true today, and even in the future. Starting a business may be complicated and not that easy, but if you have the basic understanding of things like buying low and selling, I don’t think it’ll be that hard. You see, the man in the story just bought a crate of tomatoes then sold it. He then reinvested his earnings to another crate(or perhaps 2 more!) and just repeat the process. That’s the basic of making money. After you realize the basic, scale up and you’ve got bigger businesses with your bolder ideas.

    Things just become pretty complicated during scaling. There are a lot more things to attend to but hey, you can leverage yourself. Multiply and nurture everything through other people…

    Thanks for the inspiration!

    P.S. I’m reading your blog right now from the start, that’s why I dug out this old post. :)

  5. zigfred says:

    Glen: Amen to that ! Thanks for visiting my blog :-)

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