Job security in the military, though not what it was a few of years ago, is one of the biggest benefits in this demanding profession. The path to advancement is well defined. Even today, if you are reasonably focused you have a good chance of staying in long enough to earn a pension. Government work seems secure. But with annual budget battles and sequestrations, you won't find stability there either. In the private sector, it's virtually unknown. But there is another option.
For twenty years before joining the navy, I never worried about being fired. Why would I terminate myself? I knew my strengths and weaknesses and made sure I worked with others who complimented my abilities. Being self-employed gave me job security that I never had working for someone else.
Entrepreneurship is the ultimate employment guarantee. While occasionally you'll lose a client, necessitating a temporary reduction of your compensation, once you find a new client you can raise it. Over time you can make sure you always have a job and direct your work into areas you find stimulating while hiring others to do the tasks you aren't interested in any longer. You control your pay and benefits as well as your work environment.
The learning curve can be steep. But once you have internalized the fundamentals of starting and running a business you will wonder why you ever thought about running the risk of working for someone else who could lay you off or fire you.
Question – Which do you think is more secure: working for someone or working for yourself?
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