In this essay, for Business 1, I will be explaining my answer to the following question. Would you rather start a small business or take a minimum wage job as an apprentice to a mentor? Why? This is a question that I think we should all be answering. An apprenticeship is not a bad idea seeing as though you get to learn how to become a mentor yourself. However, there are some drawbacks to working for minimum wage, which doesn’t matter if you are an apprentice or if that is your job. Anyway, I am getting off-track so let’s get into the real essay!
Let’s talk about the apprenticeship first. With a minimum wage job, there come many problems. These are only problems if you don’t live with your parents. If you still live with them, then you will probably think that a minimum wage job is great just to get a little extra cash. However, once you get out on your own, you will need to get a much better job to support yourself and eventually a family. So, a minimum wage job is good just to start your transition into the work force. However, it isn’t good for when you live out on your own.
Now, let’s talk about the small business option. I think that this is a really good idea, and it come with extra plus sides. This is because it earns a lot more money than the other, and because it gives you a sort of funding for anything you might need in the future. Seeing as though a business takes money to earn money though, you need to be prepared to take some out of your pocket to get some into your pocket. However, you may need money to start a business and get it going but, once you get it, you will start earning money like crazy.
Now, let’s compare the two side-by-side. On one hand, the apprenticeship is good for a starting job and the small business works better for someone who has already obtained a starting job. Now, that’s not to say that you can’t do both, because you totally can! In fact, starting out with an apprenticeship is a good way to get experience in a field and earn some money. Then, you can start up your business with the money you earned from the apprenticeship. Plus, you can be an apprentice whilst running your business at the same time. That way, you can be earning a steady income from two different sources and you can learn two separate trades at the same time. So, apprenticeships and businesses are both great ideas depending on what you want to do.
In conclusion, I think that starting a small business might be the way to go, but you may be able to do both if you wanted to. Alas, an apprenticeship is pretty good as far as learning a trade goes, but the money isn’t very good. You can also do both. So, to sum it all up, this is really a choice that you must make yourself. Personally, I would do both. That way I get a steady income from two different parties. Please like and subscribe for more from Homeschooled Hero! See you guys next time!
Until next time, your friendly Neighborhood Homeschooler…