Undertake Or Invest Which One Gives More Money?

One of the most wanted tags of 2020 was, how to make money? There are several ways of doing this. But the countless ways that exist are almost always interconnected with the concept of undertaking or investing.

Do you know what is the best option for you? Don't worry. I prepared this article to analyze the advantages and disadvantages of undertaking or investing so you can find out what best fits your profile or your current situation.

First, you can evaluate the two concepts and define which of them you can fits. Do you intend to be an entrepreneur, that is, to be directly connected to a business, making decisions, and developing strategic actions? Or do you prefer to be an investor, which means financing the projects without getting too involved?

A good tip is to look for examples of people and stories that involve entrepreneurship and investment to find what you identify yourself with most.

Therefore, spend some time researching and getting to know yourself better before choosing to undertake or invest.

Because following the most suitable path for your profile is essential to increase the chances of success, avoiding possible future frustrations.

Finally, remember that in the crisis, incredible opportunities arise both to invest and to undertake. Do not let fear take over and act.

I want to be an investor

This path is full of possibilities, where you can increase your income and your patrimony without making much effort, like waking up early to work or staying late at night doing overtime.

Investing is a way to make money work for you. after all, it doesn't take much besides choosing the investment models to apply for your money.

However, to get a good enough return, you need to know the financial market and the types of applications that can be made.

The main advantages of being an investor are:

• There are no working hours. Just make the investments and follow the results;
• You don't have to worry about working capital, going public, advertising services, or anything like that;
• Everything can be managed via the internet or using applications;
• It is necessary to dedicate little time per day to make the management of the investments.

Knowledge is the key to success.

Money can even work for you, but it takes a lot of intelligence to hit the fly. The main effort of the investor is in market research and knowledge about the financial universe. To succeed with your applications, the least you need to know is:

• How is the financial market (that means being aware of news, blogs, YouTube channels, etc.);

• Knowing the main types of investment;

• Knowing which are the most reliable institutions and the products with the best performance.

How much can I earn as an investor? Everything will depend on the investments you make. If your profile is of a more conservative investor, of those who only bet on a fixed income, it's good to know that your earnings will be cool but not too big.

Who wants to live from investments or wants to increase his financial reserve needs to diversify investments, which means betting on a fixed income and also on a variable income besides keeping an eye on the best market opportunities (especially in the stock market).

Taking into account that everything has advantages and disadvantages, so the disadvantages of investing are:

• High oscillation due to political and economic uncertainties;

• Uncertainties of profitability;

• Long-term profit;

• Prior knowledge.

I want to be an entrepreneur!

Unlike the investor's path, the entrepreneur needs to work much longer and deal with relationships with customers, suppliers, and employees.

An entrepreneur will not be able to run away from hard work. The success of your business depends directly on your time of dedication.

Entrepreneurship demands sweat, so many people leave their old job only to focus on their own full-time business.

The main advantages of being an entrepreneur are:

• You are your boss;
• Autonomy;
• Flexibility;
• No age to undertake;
• Self-realization.

What are the main risks?

Many companies take a while to make a profit. If the losses continue, this is a sign that something is not going very well, and the reasons are in the way the business is being managed.

The main disadvantages of being an entrepreneur are:

• Extra workload
• There is no wage guarantee;
• There are more responsibilities as an entrepreneur;
• There must be high levels of self-discipline;
• There are no fixed working hours;
• Must be a natural leader to find success;

It is worrying, but when investing in a company, the entrepreneur must know that he will never have everything under control, will always be taking risks.

Keeping your employees motivated, making decisions, taking risks, paying bills, and several other issues, are actions present daily is very important to know how to deal with this kind of pressure.

Yes, the entrepreneur should not only be the owner of the business but his soul and especially his brain.

2021 should you undertake or invest?

The answer is simple: there is no better option. It all depends on you and your profile, so there is no right or wrong answer here. You must choose the one that you identify with most that will bring you greater personal fulfillment.

Besides, as we have seen, to undertake and invest cross in several moments and it is possible to do both simultaneously to take advantage of the advantages of both models and mitigate the disadvantages of each one. So you can amplify the chance of seeing the money working for you. After all, to undertake and invest attract and complement each other very well!

Understand your moment, your profile, your expectations, and what you want to do. Regardless of the path you choose, try and make it happen. To invest or undertake, you need to learn a lot about yourself, about the market you will act to improve yourself, and work with focus and dedication towards your goals.

For those who are starting in entrepreneurship or investment, I leave some tips:

• Make planning and a strategy that prepares you for all scenarios;
• Be patient;
• Study and inform yourself always. Learning is never too much!

Even during the crisis, with everything very planned and studied, the chances of success become even greater. Good luck!