Choose Your Own Adventure: Entrepreneurship vs. 9-to-5 Jobs - Wealth of Geeks Podcast

Wealth of Geeks | Movies, Money, & More

Welcome to another exciting episode of The Wealth of Geeks Podcast! Our host Sarah Gilland opens up a juicy debate that affects all of us - should you stick to your trusty nine-to-five job, or take the plunge into the unpredictable world of entrepreneurship? Joining us today are two amazing guests - Tiffany and Jason. Tiffany runs Money Talk with Tiff, a financial education platform, and Jason is the owner of My Money Chronicles, where he talks about side hustles, personal finance, and travel.

Jason has bravely decided to take the side of keeping it nine to five, while Tiffany will be arguing for entrepreneurship. Jason highlights the security that comes with a nine-to-five job, including the peace of mind that comes with a regular paycheck and health insurance. He also mentions the potential for promotions and salary raises, which can be more reliable in a traditional job setting.

Tiffany, on the other hand, brings up the unlimited potential for income and the freedom that comes with being your own boss as an entrepreneur. She acknowledges the challenges of creating a steady income stream but highlights the flexibility of being able to work when and where you want.

As the debate goes on, both sides make compelling arguments, with Sarah keeping things lively and on track. Overall, it's clear that both paths have their benefits and drawbacks, and it ultimately comes down to personal preference and risk tolerance!

TIMESTAMPS:

[00:02:30 - 00:03:30]

Jason talks about some positives of having a nine-to-five job, including job security, health insurance, and the potential for regular raises. Tiffany also discusses the pros of entrepreneurship, such as unlimited earning potential and flexibility with scheduling.

[00:08:30 - 00:09:30]

Tiffany discusses the importance of having a clear plan and goals if you want to pursue entrepreneurship. She also emphasizes the importance of having a strong support system and being willing to take risks and make sacrifices to achieve success as an entrepreneur.

[00:11:00 - 00:13:00]

Jason explains the advantages of having a full-time job as an SEO consultant while also running a side business. He shares that he can use the money from his job to pay bills and reinvest the profits from his business. He also mentions that working remotely allows him to work on his side business during his downtime or lunch breaks. Additionally, he discusses how attending conferences through his job helps him learn and apply new skills to his business.

[00:14:00 - 00:14:30]

Jason shares his advice for people who want to change their careers and start a business. He emphasizes the importance of figuring out what you really want to do and pursuing a career that will help you make more money and build your business. He also notes that if you're not willing to make changes that will help you, then you may need to reconsider whether you should be blogging about that topic.

[00:15:30 - 00:16:30]

Tiffany talks about how she managed to balance her full-time job with her side hustle of "Money Talk with Tiff". She recommends having a side hustle while working a full-time job and explains how it helped her to do something she was passionate about. She also explains that it took her two to three years to build her side hustle while working full-time before she realized that she could do it full-time. She advises her audience to use other people's money to fund their passion.

00:17:30 - 00:18:30]

Jason advises listeners to make their own decisions and take charge of their lives if they want to pivot or leave their current job to pursue a side hustle full-time. Sarah and Tiffany then discuss the men