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Work: Self-Employment - Getting Started

Am I A Candidate For Self-Employment?

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While self-employment can prove to be an exciting and rewarding experience, keep in mind that getting a business off the ground can be a very time consuming proposition -- in fact it is often said that starting a new business will "take over your life."

Realistically assess your ability to work for yourself. Consider the following:

  • Am I a self starter?
  • Am I capable of making critical decisions on my own?
  • Do I have the physical and emotional stamina to be on my own?
  • Am I willing to devote the kind of time and energy necessary?
  • Am I well organized?
  • Am I motivated?
  • How will being on my own affect my health?
  • How will starting on my own affect my finances?
  • Will I be able to maintain health insurance and other benefits?

If you still have a question after answering these questions, consider seeking advice from outside sources as to whether or not you would be a good candidate for self employment. Be sure to find one or more individuals who will give you an honest assessment of your traits, and of the prospects of the business you are considering. In the end, you are the one making the decision. It should be a decision with which you are comfortable.

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