Robert Kiyosaki said A students become professionals such as engineers, accountants, lawyers, scientists, consultants, doctors, IT specialists etc.
He then said B students work for government and C students become entrepreneurs.
Let’s analyse the characteristics of each of these three categories of profession.
In category A, as a professional, you have very good income and decent job security. This is a low- risk yet high income profession.
In category B, as a government worker, you have adequate income but excellent job security. This is also a low- risk profession providing sufficient income.
In category C, as a business entrepreneur, you can become very rich but you have low job security. This is a high-risk profession. As a business person, you may suffer losses or have negative income. This is a high reward and high-risk profession. The positive correlations of high rewards with high risks is a proven economic theory.
So then, what profession is best for you?
Since I have been a professional and an entrepreneur, I like to share with you my thoughts and suggestions. There is no such a thing as the best profession in the world; but for everyone, there is one profession which is best just for him or her. To determine the best profession for you, you should consider these factors:
- What are your dreams?
- What are your objectives in life?
- What profession will fulfil your dreams and life objectives?
- What are you good at?
- What do other people say you are good at?
- How well do you handle stress?
- How important is job stability to you?
- How healthy are you?
- Are you good at problem solving?
- Are you a multi-tasking person?
- Are you good in handling rejections?
- Are you a generalist or a specialist?
- Are you a people person or a task person?
- Are you a risk-taker of risk avoider?
- Are you good in managing money?
- Are you the sole breadwinner, the only person who supports the family financially?
- Can you afford to fail or lose money?
After you have considered these factors and you still have not found the answer, you should follow your heart. Your body and soul will tell you what is best for you.
You shouldn’t be afraid to fail if you can afford to fail. You will have challenges and failures in your journey to reach your dream; but with each failure you face, you are closer to where you want to be.
Finally, since nowadays most people will change job 3-5 times in their working life you shouldn’t worry too much which profession you choose. Every profession you are in is a bridge or a stepping stone to a better profession. Very often as you go forward in your career, the path leading to your dream will appear in front of you.
Jamin Djuang
23-10-2017
