Since the recession bit a few years ago, more people than ever have tried to become self employed. The vast increase in numbers in this area of work is thought to have arisen as a consequence of people not finding work in any other area.
While self employment can offer great opportunities, it can also be underestimated as an easier path to take. And not everyone will be well suited to this form of work.
So if you are thinking ahead to the New Year and wondering where it will take you, it might be worth considering whether self employment would be an option to think about – or whether you should avoid it altogether.
When someone says they’re self employed, it doesn’t really tell you much, does it?
The key is in what they are actually doing. This is probably why the figures for failed businesses are higher than they might be otherwise, because some people have dived into self employment as a last resort.
They’ve done so without considering what the consequences might be, or what type of service or product they’re going to offer. In short, you need to have a plan in mind before you become self employed.
This will be easier for some people than others. Some have hobbies they’ve always wanted to turn into businesses, for example. Writing, cooking, photography and making craft items are all good examples of this.
Can you think of anything you could base a business on?
Some people do make the mistake of thinking self employment is an easy option. However those who are self employed will know nothing is further from the truth.
Regardless of whether you have no employees or dozens of them, you have responsibilities and day to day tasks to get done that require you to put a lot of hard work in. If you were to ask any self employed person what it was like to begin with, they will almost always say something including the words ‘hard work’. They’ll tell you about the many hours they worked to make their business a success, so you can see there is a lot to think about here before you take the so called ‘easy route’.
If you think this path might be for you, why not spend a few moments over the festive period to think about how you might become self employed.
Consider your skills and abilities – the secret to a successful business will be in there somewhere. And in between the mince pies and the Christmas films, you might come up with an idea that will transform 2013 into a year to remember. Regardless of whether you are currently looking for work or you are in a job you would like to leave, there is always the opportunity to strike out on your own.
This could be good news for you in many respects.