Finally with some footwork finished and a lot of discussion that we have had in the past week or so I think we are able to share the information that we have. First off we would like to mention that we are doing our best to find a nice medium by sifting through all of the specifics that we don’t understand and yet staying away from the stuff that makes us say, “Well yeah that’s common sense”. We have scaled the list down and consolidated because surprisingly most of these cons are related and can be avoided if our advice is followed from the last post. So here is our list of cons in how to make money (business style):

One of the major cons that we have come across time in and time out is ownership or management reliance. Unfortunately the companies that are large have higher ups that seem to reap all of the benefits of our hard work. We have all been there and well in most cases this is true. It is really hard to find a company that has management and owners that are willing to act on the trickledown effect when it comes to money and securities and appreciative benefits to employees when times are good. It is interesting to note, that they are always the ones to go ahead and pass the buck onto the employee when times are difficult. You are intrusting your future to the owners and managers and if they make a bad decision you will be the first to feel it. You have invested your time and life into a company and in turn you have total dependence on what the company does. Your well being is in reliance with the owner or managements decisions.

Very similar to the previous con, a board of directors or partners can become somewhat negative. In this instance you may not have one person calling all the shots but a group that are making decisions and doing what they seem fit for the company. In this case the majority of the time they will do what is in the company’s best interest because if the company doesn’t make money they don’t make money. This does give you (the employee) some assurance but again the board will be making decisions to best fit themselves as a group.

Another con is the fact the longer you are with one company the high risk sector you are in. All of your years of investment in one company now makes you vulnerable in difficult times. If you have worked your way up the ladder and now are doing fairly well for yourself, you now are at a high risk when the company is considering cutbacks. Your success is a double edged sword and if the company needs to save money because of a tougher industry you can be at risk.

The next con that relates to the previous one is the fact that the business world is very competitive. If there is someone not only in the immediate area but in the world that can do it faster and at a cheaper rate the company will probably go that direction to keep costs down. This puts your security directly at risk.

The next con is the higher education requirements. In today’s world, 82% of all people entering the business world are employed at an entry level position and are required to have more than just a high school degree. This is a way of seeing if you have what it takes and a way to prove yourself to your future employer. For some people this can become a problem because they can still contribute to a company greatly but just haven’t had the opportunity or means to go and get a higher education. In our society today that is the driving force and society has dictated to us that higher education is essential.

The final con we have decided to bring attention to is what our consultants like to call “office politics”. This is mainly in an office situation having to deal with people. We all have come across the people that are inconsiderate and only think about themselves, and the probability you will be working with one of these people is almost certain in a business environment. This puts a strain on everyday work practices and can get exhausting to say the least when you always have to stand your ground and defend yourself to others just to be able to go to work and do your job.

So there is our basic list trying to make it as short and sweet as possible. If anyone has any comments or questions feel free to ask we will get another post up if needed. Hopefully this gives you some things to consider and think about and we hope this will help you in your decision on how to make money.