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Entrepreneurial Decisions: Self-Employment vs. Working for The Man

Join Team 1 of David Gadea, Techie David Rose, Summarizer Misha Novini, Organizer, in exploring the pros and cons of self-employment versus traditional employment. David, 29, Southern California resident with a background in Manufacturing Engineering and Business, contemplates starting his own manufacturing company or working for an established one. Take a deep dive into the risks, rewards, and resources involved in each scenario.

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Entrepreneurial Decisions: Self-Employment vs. Working for The Man

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  1. Self Employment vs. Working for The Man Team 1 David Gadea -Techie David Rose - Summarizer Misha Novini - Organizer

  2. Who am I? • Age: 29 • Location: Southern California • Marital Status: Single, no children • Education: • B.S. Manufacturing Engineering • M.S. Business • Experience: • 4 years • 2 year Supervising • Average Salary: • $70,000/year

  3. Business Venture • Scenario 1 (High Risk) • Start own manufacturing company Vs. • Scenario 2 (Low Risk) • Work for manufacturing company

  4. The Bad No benefits No set income Will take lots of time Large capital investment The Good MONEY No set schedule No Boss Scenario 1

  5. The Good Set Income Set schedule Benefits No monetary investment The Bad The Boss The Money Scenario 2

  6. Resources • Internet • Books • Newspaper • Magazines • Personal Contacts

  7. Do you have what it takes?

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