If you have been sitting in your chair waiting for the next client to walk in the door thinking that you would love to open your own salon and to be your own boss, you are not alone. According to a recent report by FreshBooks, 27 million Americans are expected to leave corporate America in favor of self-employment by 2020. It is of no surprise that another report reveals that three out of five people, or 62% of Americans want to own a business.
While it may sound attractive to be your own boss, it might be difficult to consider jumping from the comfort of a steady paycheck into the unknown. Perhaps you have contemplated self-employment, but you keep thinking to yourself, “I am too old,” “It is not the right time,” “I do not have the money,” or “What if I fail?”. Well, all that is true—not everyone is cut out to be their own boss. However, fear is normal. In fact, if you are experiencing some fear, that is actually a good thing because that means you are probably ambitious and dreaming big.
Being your own boss means working for yourself instead of an employer and having more control and flexibility over your work activities. To be your own employer, you need to own and run a business and make all the decisions for it. Whether you wish to make a living from your passion or monetize your expertise, understanding the process of starting a business can help you reach your objective and take back control of your life. In this article, we explain how to start a business and become your own boss.
To determine whether it is time to be your own boss, you need to take a step back and ask yourself why you are thinking of taking the leap