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Future
Mr. Mohan Kumar
Assistant Prof. & HoD
Mechanical Department
HMRITM
After study ?
• JOB
• BUSINESS
Job Vs Business
• Job- Part-time or full-time piece of work or employment.
Salary or the remuneration we will be paid for our work.
•
Doing a job or working in a job essentially means that we are
working for someone. There is a boss above us, who assigns
us the work we need to do in our job.
JOB
Govt
Private
Benefits of Having a Job?
• Exposure
• A steady source of income
• Added perks
Working hours
• No need for strategies
• A Place for Showing Skills
• Holidays and Vacation
• Easy to Plan A Life
BUSINESS
• Organisation that has a professional, commercial and non-
commercial objective.
• A business is a collection of two or more people who work towards
achieving a common goal. It can also be just one person.
• A business organisation can either be profit-oriented or non-profit
oriented.
Profit
• If you work in a job, you will not receive any profit or share
from the profit which your organisation will incure. You will
just receive your fixed salary.
• I
Job vs Business Comparison
Job vs Business quotes
• “Your time is limited, so don’t waste it living someone
else’s life.” – Steve Jobs
• “Choose a job you love, and you will never have to work a
day in your life.” – Confucius
• “Business opportunities are like buses, there’s always
another one coming.” – Richard Branson
Business: Pros of Self-Employment
Start your own business :-
Learn new skills
Independent
No One to Fire You
Job Creation
Challenges in Business
• Finding Funds
• The first challenge you will face as an entrepreneur is finding the funds to
invest in your business.
• Managing Deadlines
• Pressure of meeting the client’s deadlines a The heat of the competition with
your competitors will be high as well.
• Unethical Practices/Political Interference
• This is one of the biggest challenges of running a company when it comes to
jobs vs business. Bribery, delay in clearance, etc. will be common aspects.
For this, you have to handle things calmly using efficient business tactics to
get further ahead in the competition.
Risk
• In a job, you do not have a risk to be afraid of. The only
risk you have is of termination.
• Businesses have more risk associated with them. The risk
has to be incurred by the owner of the business.
Thank you
Any Question ?

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Future enginnering new options new innovations good

  • 1. Future Mr. Mohan Kumar Assistant Prof. & HoD Mechanical Department HMRITM
  • 2. After study ? • JOB • BUSINESS
  • 3. Job Vs Business • Job- Part-time or full-time piece of work or employment. Salary or the remuneration we will be paid for our work. • Doing a job or working in a job essentially means that we are working for someone. There is a boss above us, who assigns us the work we need to do in our job. JOB Govt Private
  • 4.
  • 5. Benefits of Having a Job? • Exposure • A steady source of income • Added perks Working hours • No need for strategies • A Place for Showing Skills • Holidays and Vacation • Easy to Plan A Life
  • 6. BUSINESS • Organisation that has a professional, commercial and non- commercial objective. • A business is a collection of two or more people who work towards achieving a common goal. It can also be just one person. • A business organisation can either be profit-oriented or non-profit oriented.
  • 7. Profit • If you work in a job, you will not receive any profit or share from the profit which your organisation will incure. You will just receive your fixed salary. • I
  • 8. Job vs Business Comparison
  • 9. Job vs Business quotes • “Your time is limited, so don’t waste it living someone else’s life.” – Steve Jobs • “Choose a job you love, and you will never have to work a day in your life.” – Confucius • “Business opportunities are like buses, there’s always another one coming.” – Richard Branson
  • 10. Business: Pros of Self-Employment Start your own business :- Learn new skills Independent No One to Fire You Job Creation
  • 11. Challenges in Business • Finding Funds • The first challenge you will face as an entrepreneur is finding the funds to invest in your business. • Managing Deadlines • Pressure of meeting the client’s deadlines a The heat of the competition with your competitors will be high as well. • Unethical Practices/Political Interference • This is one of the biggest challenges of running a company when it comes to jobs vs business. Bribery, delay in clearance, etc. will be common aspects. For this, you have to handle things calmly using efficient business tactics to get further ahead in the competition.
  • 12. Risk • In a job, you do not have a risk to be afraid of. The only risk you have is of termination. • Businesses have more risk associated with them. The risk has to be incurred by the owner of the business.