In today’s current economic environment, many technology professionals have used this time as an opportunity to reflect on their life and consider where they’d like to take their career. A proportion of those decide to tap into their entrepreneurial spirit and venture to start their own business.
With everything we do, there are pros and cons to starting your own business, but to some, the benefits are just too enticing to ignore.
For example, owning your own business provides freedom and flexibility that you might not possess when working for someone else. With the evolution of technology, you can control when and where you work – possibly giving you the work-life balance you’ve always hoped for.
Another reason people go out on their own is some entrepreneurs find owning their own business much more lucrative. Ironically, many now consider self-employment more secure than when working for someone else. As the boss, your success is in your hands and your paycheque is a reflection of everything you put into your business.
Read More: See current Salary Trends for Self-Employed ASET Members.
So if you think it’s in you to start your own business, we have a few things you need to consider:
As the cliché says, owning your own business can come with a little blood, sweat and tears. While success may not always be immediate, with the proper research and planning, you’ll hopefully set yourself up to become profitable in the long run.
Want more resources? Here are some links to articles with some great tips and considerations when starting a business: