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Originally Posted by adbie
As I suspected, my friend's dad is operating a smaller biz. He bragged about his 1mil turnover a couple of years ago. That's why I tell myself since small towkays like him can do so well, and even smaller towkays like my parents are doing not-too-bad too, what's stopping me from venturing out? (My mum did caution me that I have not seen enough failure cases...)
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Your mum is right. While it's cool if you succeed, there's always a chance of failure. The opportunity cost for us is simply too high. I am 30 this year and getting $4k plus monthly. Not fantastic but really quite comfortable.
Quote:
Originally Posted by adbie
Curious again, does your boss worry about his staff leaving the company to set up a competing firm?
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Well. Maybe because when he left his former company, he poached away some of his ex boss's customers? He's also not too flexible in terms of his thinking. From what I can observe we are still operating on the same business model as when they started 25 years ago.