Discussion Locked

Business or Job?

0 helpful
7 replies
Closed to new repliesThis discussion is closed. It stays readable, but it takes no new replies.
I have currently done B.E. in Computer Systems from Pakistan and have no practical field experience. I want to start my own IT business to provide software solutions to local as well as International market. What should I do, start my the business with some partnership or first do a job? Please keep in mind the tight and jobless market situation. Early replies appreciated.

7 replies

by blaine moore

If you think you will be viable with your own business, go for it. If you don't think that you will realistically be able to live off the money from a business you start yourself, then you need to look for other alternatives or better funding.

by jams_3

This is a very general answer. Please mention that whether fresh graduates can start their own business and what are the technical problems that may come in this case?

by blaine moore

Your technical problems will be inexperience. I've known fresh graduates, people still in school, people who never went to school, and people who've been out of school for 10 years who have all started their own businesses with varying degrees of success. Technical skills don't necessarily translate into business skills. If you have a good, viable idea, then go for it, if you don't, or have no idea how to manage money or market your product and can't afford to hire somebody who does, then you are better off working for somebody else until you have a chance to learn the ropes.

by bristar

I have run my own business and didn't enjoy it much. But then, I'm not the kind of person who enjoys running every aspect of the business myself. Realize that you will be performing sales, marketing, advertising, customer service, management, technical support, account receivable, account payable (if anyone works with you), billing, accounting and clerical work all by yourself. It's not an easy task, and certainly not suited for everyone.

The good thing about working for another company is that you get a portfolio and resume built up. More and more managers are looking for IT professionals who can do more than one thing. After all, who wants to hire a sole LAN tech when you can hire a LAN tech who can program, troubleshoot computers and manages databases?

I will not try to tell you which is the way to go, because I don't know you and do not know your personality. If you are in doubt, I would suggest finding a job first. If you do start a business, make sure you have a support network -- both professionally and personally. You need people to encourage you and push you to succeed and you also need people to call when you see a problem you've never encountered. Just rememember never to tell a customer that you don't know! :)

by jams_3

Its a very nice answer. Give good overview of the situation and helps me a lot in solving my confusion. I appreciate your help and precious time you gave to me.

This discussion is closed to new replies.