Possible Problems Associated With Self Employment

Possible Problems Associated With Self Employment
Copyright © Glen Walls
http://glenwalls.payitforward4profits.com

The dream of being successfully self-employed is quite possibly innate to anyone who is employed. The idea of having the artistic freedom necessary to create winning marketing campaigns is probably one of the most often cited reasons why an employee would much rather prefer to be their own boss.

Another reason is the fact that the relationship between employer and employee has broken down at some level and the employee realizes that certain needs have not been met and most certainly will remain unmet while in the employment of the company. Yet self employment itself is a bit of a double edged sword and not everyone is cut out for this mode of earning a living. If you are contemplating this step to work from home and throw off the shackles of corporate employment think long and hard if you are truly ready.

There are a set of problems associated with being self employed, and perhaps the biggest obstacle a novice faces is his or her own self. Having a dream is easy; yet making this dream a reality demands a certain level of self discipline. Some personality types are not able to transition from reporting to a boss to reporting to no one yet remaining just as driven. Additionally, some personality types that benefited from the buffer the employer presented when it came to relationships with clients or customers, will sorely find their patience tested when a new client harshly criticizes the marketing strategy you present to them. Especially if you are in an artistic field, some of these criticisms could feel like personal attacks or even personal rejection, making this form of employment almost harder than working for someone else.

The second problem you will face is the question as to who will bankroll your endeavor. After all, it is not enough to have a great idea. You probably also have bills, a family to feed, and if nothing else the daily needs that have to be fulfilled. The number one challenge associated with this step is the fact that many a newbie will use credit cards to get set up. Yet the problems do not end there. How much liquidity you have at the onset will also determine your overall success since it dictates whether or not you can live with the fact that one client is taking an extraordinary long period of time to finally pay you. If one or maybe even more slow clients spell financial trouble to such an extent that you have to touch your retirement savings or home equity, you might not yet be ready for self employment. It is important to begin being your own boss from a position of strength, not weakness.

Even with the advice outlined above you CAN succeed in your own business if you put forth the time and effort. Take the next step and begin researching your future business today so you can make an impact on your tomorrow…

See ya at the TOP!!

Glen is currently living in MN with his wife and son. Glen has been in the telecommunications industry for 14 years and has recently started his own home based internet marketing business. Glen grew up in OK where he obtained his BA and MBA. Since that time, Glen has lived in Tulsa, OK and Omaha, NE:
-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://glenwalls.payitforward4profits.com