Before this I shared and article and wrote what I feel about the dilemma of committing into a startup vs joining the workforce with a good paycheck. While a lot of people are motivated to start their own business, out of the many success stories and glamour we hear, there are a thousand more startup attempts that have failed. It is really really hard to decide and you really need a strong belief in what you do because a lot might fall for the attractive paycheck that big companies offer.
This is even more the case when we have a hefty school loan on our shoulder upon graduation. Coupled that with a foreigner status who needs an employment pass to be here in Singapore, and that an employment pass will only be granted to you if you have a minimum salary of S$2800, definitely a lot will opt for the option of getting a good paycheck from a full-time job.
So then, how can foreign students who are keen on entrepreneurship commit to what we believe in, when we have to worry about the loan repayment, and then minimum salary clause for employment pass? When the Singapore government are pushing hard towards entrepreneurship in Singapore by providing various grants and support, what about the foreigners who are here in Singapore who are building something that will contribute to the Singapore society?
Singaporeans are very lucky.
I was having a chat with my friends where they are all looking for a job right now. And when I hear them mentioning all the positions and companies that they are trying out, with minimum pay of S$3k and above, there is some part of me that tells me I should start worrying about paycheck right now. But, the thought of doing something that I don’t like really turns me off straight away. And when they asked what are my plans for the future and my views on the paycheck, my friend answered for me;
“He this kind is either every month spend few hundred dollars or earn a million dollars in the future. Its all or nothing.”
Not too sure whether that will be the case. Still exploring. Hopefully the Singapore will lax the terms soon. For now, lets just focus on meeting more people, exploring, and focusing on the project that we are working on right now. =)
Saw this phrase online. Really liked it:
“Take Chances, take a lot of them. Because honestly, no matter where you end up and with whom, it always ends up just the way it should be. Your mistakes make you who you are. You learn and grow with each choice you make. Everything is worth it. Say how you feel, always. Be you, and be okay with it.”