Over the years, we the
"hard-working salaried lot", complaining of "never
making the ends meet" as far as our salaries are concerned,
have searched and searched for ways to make extra income. A lot of
us seek part-time employment, or get a second job, but very few
leave the convenience of the workforce to set out on their own.
For this reason, the companies and big corporations that employ us
grow bigger and bigger and make millions in profits, for tapping
that immense reservoir of human resources who must make that badly
needed extra income to make “'their ends meet".
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As much as we want to, most
of us cannot afford to stop working and face the risks of
establishing our own businesses. Many of us are afraid to lose our
regular salaries for a variety of reasons – all of them valid
– the bills we need to pay, the family we need to feed and
clothe, among others. Hence, some people opt to take the “safer”
route and accept the security and stability of a salaried
job.
But we can have a full time
job somewhere and have a small business on the sides. While the
regular job takes care of the basic necessities of the home, the
small business takes care of the extra amenities. Plus, you get to
be your own boss doing the things you love or do best! All it
takes is hardwork (lots of it!), creativity, patience and
perseverance.
There are thousands,
probably millions out there who are still enthused to operate a
business of their own. Why is this so? It is the search for
freedom, security, power and good quality of life that drives a
person to look at those who already made it to the higher level of
the financial echelon and guided with the fact that each of us are
given the equal opportunity to harness our capabilities, we decide
to go for it.
The path we recommend for
starters is to have a "fall back" position. If you are
married, one of you may continue to work somewhere while the other
make the initial steps to form the business. If you are single,
start your business part-time.
This path is the safest way
to take. It is always worthwhile to have a "fall back"
position, just in case the business does not turn out good.
However, because of this "fall back" position, the
effort and concentration you may give to your business will not
really be considerable. There will be a lot of instances that you
will be faced with time and other constraints, making you lose
focus of your entrepreneurial goals. Given the demands of work,
home, family and business, you may not be able to do what you have
to do for your business -- following-up with your clients, finding
financing for your inventory or disposing of excess inventory,
checking up on your competition (some of your clients may have
become your competition), finding new customers. Well, we can
always shrug and say ‘it was good while it lasted”.
Please remember however,
that we mean a serious business for you or for me. We wish to tell
you outright that it is not easy as you may have read in thousands
of "Business Opportunities" and classified ads and “How-To"
books. We will be cheating or making up a "dream world"
if we tell you that you will automatically become "rich"
if you follow what we tell you.
NO WAY! This is not selling
you a lottery ticket with zero chance of losing.
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