Why You Shouldn’t Start a Business

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  • Опубліковано 30 вер 2024

КОМЕНТАРІ • 124

  • @adamsmith4778
    @adamsmith4778 2 роки тому +72

    I think the issue for some people is being completely unable to put in extra work or just any work outside the actual job you're doing. And if you do both burnout can happen so quick. But you have great points on this

    • @bigfranchise
      @bigfranchise 2 роки тому +7

      That’s why I recommend people reduce their expenses and find jobs with alternative schedules. If you’re devoting 40+ hours a week to a job that isn’t directly giving you skills to be self employed, you won’t have the energy to develop these skills before or after work.

    • @Tiger-kq5rm
      @Tiger-kq5rm 2 роки тому

      @@bigfranchise so you talking about a part time job to free up some time for your real passion?

    • @frogturtle
      @frogturtle 2 роки тому +1

      Yeah I feel you. From my experience it comes down to a threshold:
      The pain of wanting a better life has to exceed the pain of working towards it. It’s a simple concept, but that is where energy comes from.
      If you can feel the time you devote leading you somewhere you want to be, it will feel less like work and more like grabbing a vine and pulling yourself out of a pit of quicksand.
      For me, that was practicing a new skill outside of work to change from a crappy career to one I enjoy. For others it may be a new business or hobby etc.

  • @Mostradamus9
    @Mostradamus9 2 роки тому +2

    Definitely believe if you have tried to work a 9-5 and you just don’t like it, and/or school aint for you, chase your dreams, do what you want. Don’t fear the hardwork that it comes with. My two ¢ents.

  • @gpaintedsenyo3184
    @gpaintedsenyo3184 2 роки тому

    Too late

  • @ppjones
    @ppjones 2 роки тому +24

    Bashing the 9 to 5 has become a trend so it's nice to hear when acknowledge that the stability it provides is quite nice.

  • @c.moeller
    @c.moeller 2 роки тому +5

    I'm an entrepreneur, I started making mônèy when Williams T. Kevin started managing my investment portfolio. He enjoys teaching Investment strategies and ideas to grow up your wealth or finances. Williams T. Kevin is well accredited.

    • @Gabrielle..
      @Gabrielle.. 2 роки тому

      I'm still lacking in my money management and investment skills but hopefully would get better and finally start some investing. Please how do I get to this broker?

    • @lordviraj
      @lordviraj 2 роки тому

      Every financial goal requires patience, dedication and consistent spirit knowing that trading/investment is currently the most lucrative [business in the world, both Stocks, Real estate and < Crypto shares are really positively changing people's lives all this i learnt through Williams T. Kevin

    • @c.moeller
      @c.moeller 2 роки тому

      @@Gabrielle.. you can communicate with him on telegam with the username below.

    • @c.moeller
      @c.moeller 2 роки тому

      @@Gabrielle..› Earnwithkevin.

    • @Gabrielle..
      @Gabrielle.. 2 роки тому

      @@c.moeller Thanks very much.

  • @lilmissbeats
    @lilmissbeats 2 роки тому +25

    Love this!! Preach it! After running a business for 8 years wow i must say I am LOVING my day job. Its a company I believe in, doing something I love (trading woohoo) and the people are so legend. I'm less stressed than I was running a music business, working for brands and making content. (Although that was a fun time don't get me wrong, but social media definitely is skewed!)

  • @timomuursepp3283
    @timomuursepp3283 2 роки тому +33

    "social media has made people feel bad about having a nine to five job" Damn bro this is so true, it's like everybody should start their own business but then there would be no workers and the whole economy would collapse :D

    • @shaunsensei6948
      @shaunsensei6948 Рік тому +1

      I used to feel the same way but i have figured that's not true cause if everyone tried business competition will increase and most will fail and return to normal jobs but unfortunately not like before but feeling sad for failing and feeling they are a looser. I think the problem is people want to start a business just to make a profit but not for the love of working in whatever business they start. The people who will succeed are 90% people who genuinely loved whatever they were doing and we're smart about it

  • @finnwheatley2194
    @finnwheatley2194 2 роки тому +16

    Love this guy. He achieves so much yet is so chillaxed he’s horizontal

  • @jakex5437
    @jakex5437 2 роки тому +5

    Don't quit your day job. Just move to working nights instead

  • @blankface_
    @blankface_ 2 роки тому +8

    I quit my job to travel and it was worth it for a few months, but income uncertainty is serious, and when I had random health problems, it was a huge blow. I definitely will try to get a job-job and then side stuff on top of that, much as I dislike it lol

    • @DanielInskeep
      @DanielInskeep  2 роки тому

      always good to hear from others who have done it!

  • @LeoNerdOso
    @LeoNerdOso 2 роки тому +3

    I really don't think people who want to start a business quiting 9-5 are as naïf as you seem to portray. We don't fall for dumb adds. I want to work hard, even harder than 9-5. But what most 9-5ers are lacking or straight up missing is REAL motivation. Feel ownership and proud of what we do. And trust me, is not something you can really feel on a 9-5 most of the times, you can fool yourself for a while and pretend you do, but it'll come back bite your @ss eventually. I flush down the toilet 8hrs a day doing something I could not care less about on a HUUUUGE company for a decent paycheck. But it's not mine, it's not for me. There is no sense of meaningfullness (if that's even a word, English is not my 1st language). there is no sense of accomplishment that makes the tireness and pain worth it. So by all means viewer 2nd guess and think twice before jumping, cause the work is hard. But don't get discouraged and back to your comfort zone just cause a guy who on a youtube channel says so. Life's just 1, don't waste it on a job you hate ♥️

    • @DanielInskeep
      @DanielInskeep  2 роки тому +2

      it's not about falling for dumb ads, it's about the "hustle culture" trying to convince everyone they should have some sort of side hustle or start a business or whatever. plenty of people can find contentment and security in a 9-5.

    • @Sifat_Rashid
      @Sifat_Rashid 2 роки тому

      Do you have vacancy?

    • @luka3174
      @luka3174 Рік тому

      It's risky. Some businesses aren't sustainable no matter how much you effort you put on. I think the most difficult thing about entrepreneurship is being good enough in certain field to create a business from it

  • @AndreiRestrepo
    @AndreiRestrepo 2 роки тому +7

    The info in this video is right on! I left my full time salary job at the beginning of 2021, worked as a freelancer all of 2021, and started my real estate media business at the beginning of 2022. It’s definitely hard work and takes a ton of dedication. I think most people nowadays don’t understand the “grind” and don’t realize most businesses take years to actually get off the ground and make money. Too much work for people once they get into it and realize that it’s not an overnight thing. Great video man!

  • @jukes9050
    @jukes9050 2 роки тому

    I don't know how but I was unsubscribed from you. I resubbed just confused

  • @LenAlvarez
    @LenAlvarez 2 роки тому +6

    Love how you always keep it real and are super practical with your advice. Keep these videos coming!

  • @yohaizilber
    @yohaizilber 2 роки тому +4

    The market doesn't care about your passion, it cares about whatever it wants. And what it wants might not be your passion. The key is to combine value with something you enjoy.

  • @ivandoinstuff
    @ivandoinstuff 2 роки тому +7

    Follow your gut. Start a business. You can always get a job.

  • @MrZxcvbnm22
    @MrZxcvbnm22 2 роки тому +1

    Normally, people that recommend being an entrepeneur havent had a good experience with a normal job and only the succesful "entrepeneurs" have the platform with more exposure so what the content that the normal young guy gets to see on YT is only the "job = bad. being your own boss = good".

  • @OCJoker2009
    @OCJoker2009 2 роки тому +4

    Fantastic video analysis- very valid and true points.
    BTW: Your voice is calm and soothing to listen /learn from.

  • @deantheproducer9880
    @deantheproducer9880 2 роки тому +2

    Love this take. It ain't black and white EVER. You just have to know yourself.

  • @levik2917
    @levik2917 2 роки тому +4

    This was a fantastic video. It’s awesome to see so many people with big dreams about their business ideas, but that trend took course and not many people know about these risks you just described. Thank you for posting this, it honestly helped me mentally feel reassured that I’m okay where I’m at with a day job haha

  • @Marc-uw4lw
    @Marc-uw4lw 2 роки тому +2

    If, like me, you've ever tried to work from a laptop on the beach, you'll quickly realise you can't see a single thing on the screen from sun glare, your laptop gets hot, you get hot, the WIFI sucks and it's too distracting :)

  • @Borge782
    @Borge782 2 роки тому +1

    I quit my job, took on $10,000 in debt, and had nothing to my name. In less than a few months I turned my -$10,000 into a multi million dollar business. Ever since I was a child, I had one dream. Be a successful business owner. Thought I had to go to college, and slave away my entire life to raise capital. None of that’s true. Just wake up one day, decided today I’m doing it. And that’s when I did it. It’s that simple. No secret.

  • @Mark-Jones
    @Mark-Jones 2 роки тому

    why dont you reply to my emails ?

  • @thabodennis
    @thabodennis 7 місяців тому

    This is the best video I have watched in 2024, thank you for relieving me, it was much needed... I have gone through a lot trying to quit my job, and have been in hospital due to stress and of being over worked.... I have learnt to accept slowly my 9 to 5 and to slowly build my other side gigs. Thank you.

  • @theotothefuture
    @theotothefuture 2 роки тому +2

    "Consistent and reliable income"... got laid off lmaooo. Jk. Great vid bro.

  • @lilmissbeats
    @lilmissbeats 2 роки тому +1

    You're probably the only youtube channel who'se 2 single sponsored messages I actually listened to, and thought was interesting. 100% success rate on spreading the message!

  • @ilyasfrih9242
    @ilyasfrih9242 2 роки тому +2

    I love your content, you keep it simple, honest, and real with so much value, keep it up.

  • @memeeconomy4066
    @memeeconomy4066 2 роки тому +2

    Interesting

  • @yasinnabi
    @yasinnabi 2 роки тому +1

    this channel is an awesome channel with great contents, thanks for sharing. liked and subbed ! a fellow creator

  • @roblloyd_
    @roblloyd_ 2 роки тому +1

    I think the biggest thing people don't realize when they want to quit their 9-5 job and become an entrepreneur, is that they'll be working 24/7 instead.

  • @Legacyyyyyyyyyyyyyy
    @Legacyyyyyyyyyyyyyy 2 роки тому

    side business could be nice for tax benefits

  • @EthanMcAlpin
    @EthanMcAlpin 2 роки тому

    I know I'm getting paid, as long as I don't get fired 🤑🤑

  • @george.9878
    @george.9878 2 роки тому +1

    It really depends on the Individual and the type of business you decided to run. It takes mental fortitude that most people don’t really have the capacity for because of the glorified view of “entrepreneurship”. Also learning the power of outsourcing and system optimization is huge as well. Most people start a business for the “freedom” that can come with it but never take themselves out of the business so they end up making less than some 9-5’s while technically working more. Also there are almost no ceilings in running your own business but once again it just depends on the individual and their personal goals.

  • @AndrewPattiOfficial
    @AndrewPattiOfficial 2 роки тому +1

    I was literally asking all of my pears and friends whether or not to quit so im taking this as a sign

  • @Tayamito
    @Tayamito 2 роки тому +1

    Much better title imo than "why you shouldn't drop your day job"

  • @ScottJWaldron
    @ScottJWaldron 2 роки тому +1

    Daniel, great points there!

  • @broncorik2268
    @broncorik2268 2 роки тому +1

    Steady paycheck and good benefits are nice for reliability but it’s grueling on your soul in the long run

  • @humblyhema4512
    @humblyhema4512 2 роки тому +1

    Great video. You've really covered the realities of being self employed which can help people make a more informed decision on what might be best for them.

  • @zWaKez
    @zWaKez 2 роки тому +1

    dude i swear you must be related to hampton brandon ya'll look so alike

    • @DanielInskeep
      @DanielInskeep  2 роки тому

      had to google... no. just no.

    • @zWaKez
      @zWaKez 2 роки тому

      @@DanielInskeep lol sorry. i did not mean it in a negative way.

    • @masoncapital
      @masoncapital 2 роки тому +1

      Hampton Brandon, lmfao the Ice Poseidon days haha.

  • @rextrillo9951
    @rextrillo9951 2 роки тому

    Very true!

  • @itsrelativ3967
    @itsrelativ3967 2 роки тому

    I hate that social media has become an actual business full of scammers

  • @kayliebooth8377
    @kayliebooth8377 2 роки тому

    Hello sir, nice to see your video, I am very interested in your video, we can talk about business, looking forward to your reply.。

  • @SafarWIP
    @SafarWIP 2 роки тому +1

    9:18 done

  • @Unculturedcurrency
    @Unculturedcurrency 2 роки тому

    always enjoy your content

  • @lacroixboix
    @lacroixboix 2 роки тому

    hmmmm I feel like I've heard a very similar script with some keywords that have become slightly stale in this exact conversation but good stuff still

    • @lacroixboix
      @lacroixboix 2 роки тому

      Lol of these aren't bots I'm shocked

  • @paulysats
    @paulysats 2 роки тому

    Very well said! Majority of people don't have the self discipline to be an entrepreneur.

  • @Thatoneguy4140
    @Thatoneguy4140 2 роки тому

    Thanks for the premium content and videos! Appreciate your insight on this topic 👍 id like to learn your ways of video editing since I'll be creating my own content very soon!

  • @MaxwellTheDude
    @MaxwellTheDude 2 роки тому

    IT AINT EASY FOLKS!! but it is worth it once you get all the steps in order

  • @SafarWIP
    @SafarWIP 2 роки тому

    Consider this: 7billion people and a few makes it like Daniel, the rest wont make video about failing:)

  • @luka3174
    @luka3174 Рік тому

    I'm young and starting a university business degree. I love managing money/business, but the industry feels so confusing. Despite having a strong passion for finance the job market for graduates make me consider learning a trade.

  • @mileskovarik
    @mileskovarik 2 роки тому

    This

  • @steeleyeargain619
    @steeleyeargain619 2 роки тому

    Hey everyone, my dad owns an asphalt company that I’m working towards owning one day. I really never thought it would be this much work, working 7-5 every day of the week, being outside in 97 degree heat and doing endless paperwork. If you think you can do this, go for it! It’s super rewarding once the work is done but hard when working!

  • @artistryartistry7239
    @artistryartistry7239 2 роки тому

    If you can convinced to sell your soul to the man by a youtube video, no, you definitely should not start your own business.

  • @viktormyslikovjan5938
    @viktormyslikovjan5938 2 роки тому

    Really nice ad 😂 Its maybe first time when I don’t skip ad in video 👌

  • @Borge782
    @Borge782 2 роки тому

    I’m sorry man, I like your content. But your opinions are extremely invalid. Credit means nothing. Credit is a safety net for banks, that’s it. It’s worthless. Advising people who are now business owners, that purchasing a home is even an idea at all is moronic. That’s eliminatingLITERALLY A MASSIVE benefit of owning a business. You purchase an investment property and rent it to yourself if you’re adamant on owning a home. So you can write off depreciation. Home owners can’t write off depreciation. I could ramble about all of your points man, but they are terribly toxic. And destroy the American dream. Put off bad energy for people who have the knack for success; to just have a day job.

    • @Borge782
      @Borge782 2 роки тому +1

      That being said; if you’re insecure, scared of risk, have doubts in your 100% ability in success, dont quit your day job. Learn to love and trust in yourself, before any major life altering decisions.

  • @tguwop242
    @tguwop242 2 роки тому

    Kept it real

  • @coffeeandcrypto
    @coffeeandcrypto 2 роки тому

    Starting a business is way more work than people estimate and most won’t be able to bear the burden. Business is a sport!

    • @luka3174
      @luka3174 Рік тому

      something like 70% of businesses go bankrupt in the first 3 years

  • @jacobwilliams4941
    @jacobwilliams4941 2 роки тому

    Hey Daniel i watched watched one of your shorts about you profiting from selling photos if you don't mind can you tell me what websites you used to sell those photos and can you tell me more ways of how I can get more people to buy my photos. Thanks man I like your content keep up the good work dude and have a good day

    • @DanielInskeep
      @DanielInskeep  2 роки тому

      search “mango street stock photos” on youtube for the full video.

  • @morrisc4624
    @morrisc4624 2 роки тому

    Quality Video Daniel... thank you.

  • @tristanking6684
    @tristanking6684 2 роки тому

    Loved this video it was cool and very informative. I also loved how you really broke down every role and the different mindset in duality that you have to have in order to accomplish each . definitely going to subscribe ,you have a subscriber

  • @jeffdorris5321
    @jeffdorris5321 2 роки тому

    🕶💪

  • @SafarWIP
    @SafarWIP 2 роки тому

    1:10 mortgage and loan availibilty

  • @furqonlanang9250
    @furqonlanang9250 2 роки тому

    You guys have jobs?

  • @tomaszpawlikowski1301
    @tomaszpawlikowski1301 2 роки тому

    Where are you Daniel?

  • @michaelmachos8969
    @michaelmachos8969 2 роки тому

    One thing: Can you let the people know how much big money big time UA-cam traders put up to make their big money. People don't understand how much money one needs to put up to make big money.

    • @DanielInskeep
      @DanielInskeep  2 роки тому +2

      don't most big time youtubers let people know roughly how big their account sizes are? obviously a lot easier to make $20k/day if you have $5 million in your account.

    • @michaelmachos8969
      @michaelmachos8969 2 роки тому

      @@DanielInskeep They let people know how much they are making, just not how much they are putting up to make said money.

  • @jackpetersen7231
    @jackpetersen7231 2 роки тому

    Hehe. loved the hat joke

  • @EverythingHR
    @EverythingHR 2 роки тому

    Don't trade in your leased car. It could be worth more down the road.

    • @DanielInskeep
      @DanielInskeep  2 роки тому +1

      our lease is worth about $10k more than the buyout 🤘🏻

  • @matthewnovik4050
    @matthewnovik4050 2 роки тому

    no more videos?

    • @DanielInskeep
      @DanielInskeep  2 роки тому +2

      had to push pause for a little bit, but one will go out tomorrow and i'll get back into it this summer.

  • @shahinghasemkhani8651
    @shahinghasemkhani8651 2 роки тому

    good video

  • @blinddog4288
    @blinddog4288 2 роки тому

    With UA-cam money why would you finance a house 😂😂 Cash!!

    • @DanielInskeep
      @DanielInskeep  2 роки тому +1

      haha youtube money isn’t that much, plus i’d much rather borrow at 2.75%…

    • @blinddog4288
      @blinddog4288 2 роки тому

      @@DanielInskeep Yeah I was just joking because I follow a few financial guys on here that preached fire movement and then bought a 2 million$ home once they starting making money.

    • @DanielInskeep
      @DanielInskeep  2 роки тому +1

      @@blinddog4288 i have a hard time watching any financial guys on youtube

  • @noelpena4567
    @noelpena4567 2 роки тому +2

    I've been saying this to my friends and family for a while. It's common for me to hear that a 9-5 isn't for me. My thoughts are... A stable job, where you have holidays and weekends usually off, where you have PTO and benefits, where you work indoors with peace of mind, that kind of job isn't for you? I understand that typical 9-5 jobs can be boring, just like being a business owner means working overtime with no pay and increasing stress and learning to manage people etc... every job has its pros and cons. At the end of the day work is work. I appreciate this kind of video

    • @DanielInskeep
      @DanielInskeep  2 роки тому

      the one time i got PTO it was amazing and i miss it.

  • @rcmred
    @rcmred 2 роки тому

    Where the new videos at?

    • @DanielInskeep
      @DanielInskeep  2 роки тому

      should have a new one this month for ya

  • @cameronandrew1853
    @cameronandrew1853 2 роки тому +2

    Oddly enough after 2 years of grinding and trying to find my niche where I can make money with my entrepreneur spirit I found poker.. I never thought a gambling game would be what I fell into! I studied a shit ton and have made more playing poker than any other side hustle I have ever tried. My plan is to go full time this year lol

    • @DanielInskeep
      @DanielInskeep  2 роки тому

      that's awesome. are you playing all online?

    • @cameronandrew1853
      @cameronandrew1853 2 роки тому

      @@DanielInskeep online and live. The most money is made live. Most of the profit is made from game selection playing with gamblers who have a lot of money to lose. Harder to game select online. Current hourly win rate is between 50-80 an hour though so not bad at all

    • @DanielInskeep
      @DanielInskeep  2 роки тому

      @@cameronandrew1853 that's cool. i miss the glory days of online poker.

  • @ximonwhhatt3796
    @ximonwhhatt3796 2 роки тому +1

    Don't quit your jobs guys because that means more competition for me

  • @jimjimgl3
    @jimjimgl3 2 роки тому

    Ah. Such a good post...the world now seems determined to make everyone think they are a failure if they work full-time. I was full-time for 17 years before I quit and became a full-time photographer. But I had a leg-up on the competition since my full-time position was as a director of photography and I was pretty clear-eyed where I stood within the industry talent-wise. That was in 2000 and have been freelance since. I have worked extremely hard at both the full-time job and then as a freelancer. ( I consider my self successful at what I do and while not the best, I still to this day get hired--today I had 4 holds put on my calendar--not necessarily the norm, unfortunately). I often work 7 days a week. I agree with your take on this but unless you are comfortable working basically around the clock, freelance might not be for you. And the main reason to incorporate (or form LLC entities as I did) is asset protection. My partner and I (he also is in the industry) have several LLC entities just to protect our assets. When we had our photo studio rental business in NYC (in addition to my photography business and his styling business ) we had full time employees--the largest, single expense to most businesses. We have since moved to Chicago and have a similar business but on a smaller scale and can run this second business by ourselves with infrequent part time hirings. I would say the most important thing for me prior to leaving my full-time job was saving money. I saved money probably for two years before I quit so that if I wasn't hired once in a year I could still manage all my expenses. Another piece of advice would be to clear about your talents and when to hire help to get your self going. If you have a great eye for style but maybe lack a bit technically, hire a super assistant who can take that pressure off yourself even if it means seeing a bit less income. In the end clients will just remember your superb work, not that you had an assistant that might have know more than you. Looking forward to more insightful posts.

  • @makemoneyonline-onpassive4894
    @makemoneyonline-onpassive4894 2 роки тому

    Great..