Thinking about self employment? Read this out!

November 5, 2008

If you had a run of unhappy jobs, or perhaps you think that you can do better than your firm, then it might be worth giving working for yourself some serious thought as you create your life plan. But mind it that giving up your job to work for yourself is a major decision with major consequences. If it goes well, you will be very happy. But if it does not, you might find yourself re-starting the journey from the point further back. Well, here are some tips that you should examine before indulging yourself in self-employment- just have a look on the following.
Are you just trying to escape from your job? Hating your job, or even losing it, does not qualify you well for self-employment. Remember that facing up to the issues at work will be less traumatic than starting out on your own for the wrong reasons. So take efforts to sort out the matter before indulging in self –employment.
Mind it that self-employment means no regular salary cheques. Doing a job in a company at least makes you think that what all you’ll be having at the end of month. But self-employment does not guarantee you with such an amount. So before indulging yourself in self-employment, make sure that you can handle haphazard personal cash flows.
Before considering self-employment, check whether your family is behind you or not? Believe it or not, without the support of your family, you will never be able to succeed in your venture. A business is much more demanding than your new born baby. So, make sure everyone understands that sacrifices are needed.
Make sure you take a note of above principles before thinking about self-employment, so that you gain in long run in your venture.

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