Second, understand that economic growth is slowing. We are only growing at about 60% of the rate of the 1940′s and 1950′s. Without that extra economic growth there are mathematically fewer employment opportunities and certainly less challenging ones. So whereas if you were a GI coming back from WWII Boeing would likely hire you as an aerospace engineer, today Boeing would maybe hire you as dataentrysman. If you’re lucky.Captian Capitalism points out that working for a company and advancing through the ranks on your way to success ain't happening.
Finally, the Baby Boomer generation was absolutely HORRIBLE in terms of financial planning. Most squandered their inheritance from the WWII generation, blew what money they made on divorce lawyers, and are now the most participatory group in “reverse mortgages.” They did not save anywhere near the amount they needed for retirement which means…
I know people who can say that something like two of the people who have worked in a certain company during the last 30 years have officially retired with benefits.
I also know many people who have been fired on a whim (deserved or not) on orders from the corporate office.
Many of us look for corporate jobs in order to get a "safe, reliable" paycheck. But it seems to me that working all your life for a company that may just fire you for being a few years from retirement or because of some new management trend is not any safer than hiring yourself.
The risks of losing everything with your own business seem to get smaller by the day.
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Once I figure out the stupid software issues I have, I'll re-release my book, and open The Food Plot Store. (I'm a good procrastinator.)
Great post!
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