Dear friends,

I am Jyoti from India and im here going to participate in this SEC 15 Week5 contest :https://steemit.com/hive-120861/@steempreneurship/sec-s15w5-which-one-is-better hosted by #Steem Entrepreneurs

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WHICH ONE IS BETTER?

Employee or Entrepreneur

First let's look at the benefits of being a worker. Although his time is not under his control while being a worker. He will have to devote only specified time to the work. He gets more free time. He will have a lot of time to spend with family or friends. Guaranteed income is guaranteed every month. A small amount of income is guaranteed.

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Time is very important for an entrepreneur. The more time he spends in his business, the more his business will grow. Also, he will get a lot of benefit from spending his energy, power, talent, etc., which generates more income, on his business rather than spending it on others. There is an opportunity to earn many times more than the monthly income from working.

Of course, there are some risks involved in running a business. For example, you are personally liable for any debts or losses incurred by your business. Also, as a business owner, you must be willing to work long hours and sacrifice your personal time.

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Choosing to work for an employer or operate your own business is a personal choice. Numerous elements need to be taken into account, including your lifestyle preferences, risk tolerance, and financial objectives. Doing your homework and being aware of the hazards is crucial if you're thinking of launching your own company. The benefits of managing a profitable company, however, can be enormous.

Saving or investing

The amount that one makes is what counts. However, the amount he saves from his income is more important. The amount that is invested with the money that is saved matters more than that. Once we understand this, we can easily decide whether to save or invest.
A common misconception is that investing and saving are synonymous. However, these two appear to be similar but are actually distinct. Savings are the remaining amounts after expenses and income are deducted. Investing refers to methods to increase these savings by two or four times.

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Let's say you take 10$ from your income every month and put it in a piggy bank. This means you save month after month. At the end of the year you will have $120 when you open the bank account. This is called saving. If the same $10 is invested every month in Recurring Deposit, it would have turned into $130 or $140 depending on the interest rate. There may have been more. This is called investment.

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Because our money is invested in banks or business, it not only gives profit to us but that bank also gives profit to those who work or do business, so it is better to help many people than to have money stuck in one place, so as far as I am concerned, it is better to invest it and think about where to invest it.

Steemit or Hive

I have been on steemit since 2017 and worked on HIVE for a while after my account was launched in 2018. Still doing it from time to time but still the reception isn't there like it is on STEEMIT. I don't get the encouragement and support I get here.

When the Corona Pandemic came in 2020, everyone was paralyzed at home. Then I worked on both platforms. Steemit gave me a lot of opportunities and a lot of income. I was not able to earn that much in HIVE. Whereas many people earn more on HIVE than STEEMIT. It varies according to their skill. Like steemit is useful to me, hive is useful to some. Generally speaking both have good uses. For me steemit seems to be the best for social activities, learn and earn