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Old 01-06-2007, 02:21 AM   #4 (permalink)
Milo Riano
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Join Date: Nov 2006
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There is nothing wrong in being an employee as long as you are in the right company where you get paid well, learn things you cannot get from anywhere and at the same time build you an enormous network which are all beneficial if in the future you decide to put up a business.

So many billionaire entrepreneurs who founded Oracle, SAP, Peoplesoft, Salesforce, etc. (long long list) were all employees at first which used what they learned from their previous employers to become billionaires.

Take this for instance -- Bob Nardelli was fired from Home Depot because of his pathetic performance but went away with 210 million dollars. Exxon mobile CEO received 1 billion in separation pay, etc.

One of the senior executives I know in the Philippines is already earning close to 1 million dollars a year and is only 32 yrs old. That is a large amount here in the Philippines and with that amount he can put up a McDonalds franchise every year or put up any business he wishes every month. With his influence and network he gained from being an employee, putting up successful businesses as long as it is not in conflict to his employer is easy.

Last edited by Milo Riano; 01-06-2007 at 02:24 AM.
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