Employment vs. Self Employment
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Many of you have been considering staying home with the family, but are not sure if they can afford to do so. Living expenses are so high these days, it is almost impossible to make ends meet on one income. The concept of coming up with an income close to what you are making in your corporate job seems impossible. Its NOT!
Here is why. ALL JOBS COST YOU MONEY! You may want to take a few minutes and jot down all these little expenses associated with your job.
Here are a few of them to get you started:
- Summer camp
- Clothing
- Dry-cleaning
- Gas
- Car upkeep and maintenance
- Taxes
- Lunches and dinners
- Snacks and sodas
- Morning coffee on the way to work
- Stopping for drinks after work
- Assorted fees and publications related to your position
- Convenience food (breakfast and dinner)
- My Personal Favorite: Co-Worker’s kids Fund Raising! (Although, I don’t mind the Girl Scout Cookies!)
You are probably able to come up with some more expenses of your own. Keep a log for a few weeks and write down all these expenses. Then calculate what your job is costing you over the year. Subtract this figure from the amount you are brining home in a given year. You'll get see why Self-Employment is a growing thought for many aging professionals.
How much money do you spent on dining out, renting movies, ordering in? Keep another log for a few weeks and sit down with your family and see what you can cut out. It is amazing what you’ll find you replace with some fun ways to substitute what you are cutting out. Cook together on a night you would have gone out otherwise. Make some pizza and spend Quality time with your family.
After you cut corners to allocate funds to invest in yourself, a light bulb will go off:
All of a sudden Successful Self-Employment becomes obtainable!
Now, the hard part, picking the right organization to work with. There are many companies that make their partnership seem like the invention of the “Wheel”. Remember folks if an offer sounds too good to be true, it usually is! I recommend you ask for any offer to be presented with a Business Proposal. This is a breakdown in writing (Yes folks emails can be used in modern court rooms to settle disputes) of what you are getting for your investment (i.e. Website Services, E-Commerce Software / Hardware Access to up to date suppliers & market analysis, advertising help, Business Templates, Consulting Classes). Also get banking references. Be prepared to get Aggressive & Self Assertive to take the necessary Steps to “Start Your Engine Of Success!” This is No Joke folks! If you look at many of the Successful EBay’ers (With feedback greater then 5000) they all have a common thread … They are constantly working & built their success in short period of time! Success in life is a “Choice”.
