Being self-employed in your own small business can offer more financial security than a job.
I’m living proof of this.
I have been self-employed since I was 26 years old. I have been through 5 major economic crises and I have always been able to provide for my family.
I have never been:
- laid off.
- fired for a mistake (though i have made many in my businesses)
- limited by my age (neither when I was young nor older)
- limited by my education (I have no formal training in business.)
When you are self-employed, you are in control.
It’s not that you don’t have the challenges that come the way of all people making a living, it’s that you have control over how you address those challenges. You are not reliant on a boss to make good decisions to keep the company you work for strong. That’s your job and because you are just one person, you are agile, flexible and innovative. These qualities make money in hard times.
The very basics of starting a small business are:
- Do or make something that people want or need.
- Do what you do really well so that customers know how much you care.
- Respect your skills and services and charge appropriately.
- Keep things simple and cheap. You can only spend a dollar once so spend it wisely.
- Keep track of your income and expenses and review them weekly. It’s simple addition and subtraction that grows a small business.
Whether you have a side hustle in mind or are aiming for full self-employment, you are on your way to greater economic security. Check out our services. I believe we can help.