What’s life like as a business owner? Cocktails, golfing, long vacations…right? Wrong. Most small businesses (more than three-quarters) are just individuals doing something. They don’t have employees, they do everything themselves. For the less then one-quarter of businesses that do have employes, most have less than 10 employees (78%). So, it’s somewhat unrealistic to believe that you are going to come up with the next Facebook and be a billionaire traveling the world.
So, before you decide to embark on the path to self-employment you should ask yourself three things:
1) Do I have the drive to make sure I stay on track and am focused?
2) Am I willing to give my all towards this – knowing I might fail?
3) Will I enjoy working for myself, and possibly not working around/with others daily?
Photo Credit: Fevi Yu