Comments on: Do I Really Want To Become A Manager?

By: Frank

Frank — Thu, 12 Feb 2009 21:54:57 +0000

you can also buy a coffee machine for your office, you would have succeeded financially too

By: The Financial Blogger

The Financial Blogger — Thu, 12 Feb 2009 21:46:07 +0000

If I ever have someone to bring me coffee in the morning, I woud have suceed financially big time!

By: Frank

Frank — Thu, 12 Feb 2009 21:41:23 +0000

I think you need to ask yourself this question: Am I effective, ambitious and passionate? As you were mentioning in your post, you would loved to own your company. Being a manager can develop your entrepreneurship and improve your management skills. And having more responsibility does not necessarily mean that you will work more hours if you are effective.

There’s one point: if you start your own company, do not forget that you will also need to do stuff that you do not like as well, especially in the beginning. Sometimes, you will need to answer the phone, repair the printer, write and send letters to clients, complete forms, buy coffee, …

By: The Financial Blogger

The Financial Blogger — Thu, 12 Feb 2009 17:59:23 +0000

Tmw,
I don’t have hair anymore so I guess I’m good to become a manager

Studenimics,
I agree with you, I would love to manage my own business as all your efforts are coming back into your pockets.

By: Studenomics

Studenomics — Thu, 12 Feb 2009 16:56:23 +0000

I think being a manager is best when you manage or run your own company. Being a manager for someone else just means you receive more responsibility without receiving all of the monetary benefits.

By: Thicken My Wallet

Thicken My Wallet — Thu, 12 Feb 2009 15:02:50 +0000

As they say, you get paid for the grief and not the work… but as Jewel says if you have great employees, it is a joy to be a manager. If you have bad employees, its a hair losing experience!

I think the one big key is retaining the discretion to hire and fire your own people. If you have control over who your subordinates are, you can’t really blame anyone but yourself if things go wrong.

By: Jewel of Toronto

Jewel of Toronto — Thu, 12 Feb 2009 14:08:20 +0000

While there are many frustrations in managing people, there is nothing quite as satisfying and helping a direct report grow as a person and an employee and reach his/her career objectives. I don’t do it for the money, I do it for the satisfaction of using my skills and talents.
Do keep that in mind when climbing the corporate ladder.