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themselves. However, can job be of any use to them? In this post, I am going to explain, how a job can be useful for the future (wannabe) entrepreneurs.
First Hand Work Experience
First of all, a job can be an excellent way of getting first hand work experience in the field you are planning to commence a business. Starting a business without understanding the real world challenges in the field of business is equivalent to gambling rather than business risk-taking. Risk is different in case of starting business compared with gambling. The outcome is totally uncertain for gamblers, however for the businessmen, risk is calculated and prepared for in advance. The question is not of a total gain or loss as in gambling, and hence business is generally less risky. Moreover, the risk can be minimized highly with knowledge and experience. Therefore, a work experience is crucial.