Which is better? Learning a skill or starting a business?

Nanaado1997

New member
There are two main ways to earn a living by yourself: learning a skill or starting a business. Both of their advantages and disadvantages.
Learning a skill takes much more time than starting a business, you could call it a long-term investment. Whereas a person can,start a business right at this hour as long as the capital is in place.
Learning a skill requires a lot of patience and endurance. Not everyone can put up with that. Learning a skill is something that requires training but will end up being profitable in the long run. Is it safe to say that a skill is also a business.
Business on the other hand also requires the above but capital must be the mainstay. Without capital the idea of starting a business remains a dream. Skill on the other hand may or may not require capital.
So which do you consider better?
Learning a skill or starting a business?
 

Mika

VIP Contributor
How can you start a business if you don't have skills and knowledge. Just because you have money does not mean you can easily launch the business and make it a success. For a business to succeed, you need money, skills, and knowledge. Therefore, you should consider building knowledge and skills.
 

samual

Active member
Starting a business is better than learning a skill cause when the time of old age comes in the strengt that you used to have then will have deprecate
so starting a business will not take a lot of power cause it is all about documents, recording, all transactions about how money Comes in and gose out
 
There is no right or wrong answer to this question, as it depends on the individual and what they are looking for in life. Some people prefer to learn a skill so they can use it to make money, while others prefer to start their own business and be their own boss.


There are many advantages and disadvantages to both learning a skill and starting a business. Learning a skill can be a great way to make money, but it can also be difficult to find a job in a field that you are not trained in. Starting your own business can be risky, but it can also be very rewarding if it

is successful. There are a number of important things to remember if you are thinking about starting your own business.



Do Your Research

One of the most important things you can do when starting a business is to do your research. This includes studying the industry you plan to enter, as well as the competition. It is also important to identify your target market and understand their needs and wants. By doing your research, you can develop a strong business plan and increase your chances of success.



Get Support

Starting a business can be a daunting task, so it is important to get as much support as possible. This includes seeking advice from experienced entrepreneurs and other professionals who can help you navigate through the process. It is also a good idea to join an entrepreneur group or networking group where you can share ideas and learn from others who have been successful in starting their own businesses.



Be Patient

Successful businesses don’t happen overnight; it takes hard work, dedication, and patience. Don’t expect to achieve success overnight – it may take several years before you could reach your goals or aim.
 

btaliat

VIP Contributor
Skill is always relevant. Though the answer to the question may not be straight forward depending on the individual. Most people believe that it is always wiser and better to start a business, but the fact is that we need some skills in order to succeed as a good business person.

When we learn skill, the skill will part of us till we die. It doesn't leave us. It becomes part of us. Meanwhile, there may be instances where the business may leave us. What I meant by that is that the business may be folded, maybe as s result of bankruptcy or insolvent.

Most times, skills allow people to know more than being a business person. It is not a gainsaying that almost all of us know most of the people that we know now because of their skills. Their skills are what make us to what to know more about them. It may take us a longer time to know a business man compare to how long it will take us to know a skilled person.

However, as the end result of the two is money. We need to make sure that we study ourselves first before we go for either of the two.
 

Augusta

VIP Contributor
It depends on the rate by which someone needs money because I know that the two can be done simultaneously but if money is needed to be gotten almost immediately then business needs to be started. The difference is that acquiring a skill comes with a duration. Like in my country if you want to become a seamstress, a Mechanic, a driver or just acquired skills that will help you set up yourself then you have to undergo at least 24 months training which takes a longer time than for just starting a business which I know anyone can start even in 2 days.

So for me I will like to acquire the skills first before starting a business. A lot of time it is never always about how fast you start a thing but how successful are you being at it. Someone that acquire the right skills for any kind of business will do better than one that just went straight into the business because the former would have gotten the right information to start and manage a business better than one that has no skills but justwant to make money from the business. So I will go for skill acquisition.
 

Jasz

VIP Contributor
If you're looking to start a business and make money, you might be wondering which is better: learning a skill or starting a business? The short answer is: it depends. If you're trying to decide between learning a skill and starting a business, here are some things to consider.

First of all, if you already have the skill, there's no point in starting the business. Just use that skill in your business instead! For example, if you know how to cook good food, then start your own restaurant. Or if you know how to do good graphic design, then start up an online graphic design company where people can hire you for freelance work or pay for design services. The best way to get started on building your own business is by using your existing skillset or expertise as leverage.

But what if you don't have any skills yet? What if all you want is money? In that case, it's probably better just getting a job and saving up until you have enough money saved up so that you can quit and start your own business, because then at least you'll already have some experience under your belt. That way when people ask what kind of experience you have, you have something to present and defend.
 

Chibson

VIP Contributor
Like someone have stated, it will be very difficult for you to start a business if you do not have a skill whether online or offline. You need to acquire the necessary knowledge that pertains to that particular business if you really want to succeed on it on the long run.

If you want to venture into an online business like affiliate marketing there are several skills you must acquire in order to be able to succeed on the long run. If you also want to venture into an online business like Amazon Kindle publishing acquiring a skill is also a must for you because there is no way you can be able to publish books that will sale thousands of copies or hundreds of companies without the necessary skills.

The same thing applies to several offline businesses. You need knowledge in order to be able to excel in business.

Going into a business without much knowledge and skill will probably leave you stranded on the long run and you will not know what to do. This is why I always advise people never to be a rush in venturing into businesses instead they should take their time to learn the necessary things first and gather enough capital.
 
E

eldavis

Guest
Both are actually linked together to some level, you would actually need a skill to startup a business. Everyone I have seen around who have started one form of business or the other have actually too time to learn a particular skill before starting up their business.
 

saoussen5765

Valued Contributor
During working or starting a business you learn many skills so they are both complementary but to start the business a minimum of knowledge is required money isn't only enough.
 
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