Is Self Employment Right for Me

Is self employment right for Me

If you’re seriously considering the self-employment option, there are two main questions to ask yourself:
1. Is self-employment potentially right for you?
2. If so, which of the four paths to business ownership would be most appropriate for you?
Let’s address both of these important questions. If you’re reading this article, chances are that you’ve found your jobs unsatisfying. So, now you’re probably asking yourself, “Could self-employment be right for me?”
The following three questions will provide some direction:
1. Why are you exploring entrepreneurial alternatives at this time?
2. Rate your desire/motivation/commitment to have your own business, 1 to 10 (10 being the highest)?
3. If you could land the ideal job OR start your ideal business, which would you choose TODAY?
Focus now on the first of these three questions, because you must first understand your core motivators:
Below, you will see the “unique considerations” for each of these entrepreneurial pathways. Take some time to answer all the questions in the four categories.
Become A Consultant - Unique Considerations
- What markets will you serve?
- What services will you offer?
- Who will be your competition?
- How will you price your services?
- How will you market and sell your services?
Buy An Existing Business - Unique Considerations
- What type of business do you want to buy?
- How do you envision your own role?
- How will you finance the purchase?
- What will you expect of the seller?
Start A New Business - Unique Considerations
- What markets will the business serve?
- What products or services will you offer?
- Who will be your competition?
- How will you market and sell your products or services?
- How will you finance the business?
Buy A Franchise - Unique Considerations
- What type of business do you want to be in?
- How do you envision your own role?
- What will you expect from the Franchisor?
- How will you finance the purchase?
Go back now, and review all your answers. May you achieve success greater than your dreams!

Read also:

* Advantage of self employment
* Self employment as Key of Success