Last week’s blog on retirement brought in many comments with people writing to tell me that they were thinking of starting their own small business.
In 1987, I established my stress management and counselling consultancy – and for me it was the right decision. However, being one’s own boss requires a specific mindset plus a commitment that is different from working for someone else within a corporate environment.
What it takes to start
Before embarking on a self-employed career, you need to give consideration as to whether you are really suited to what will initially be a 24 hour job. A majority of people would rather work alongside others rather than being an entrepreneur, working all hours and having to make all the decisions. Going ‘solo’ is not right for everyone and it is important that you find out at the early stage before you put time, effort and finance into your new career. Continue reading