People are always determined to make money.To be self employed, you'll need to make your own money by selling either a product or a service. You work for yourself (you are your own boss).
You work often without an office, you make your own decisions.You don't get paid for working and at the start you may not be able to draw a salary. You can grow or break your job depending on the decisions you make. Therefore, you make your own job security(will it survive till tomorrow?).
Always consider the cost of running your business;transport cost, buying raw materials, wages to be paid e.t.c.It takes thoughtful decision making for you to start making profits.
Rules of self employment
1.Be motivated. This is driven by a sense of purpose i.e why did you consider self employment?. You should know what drove you to start your business, why you are looking to be your own boss.
2.Be disciplined. You control your business and nobody is coming in to help you.You will have to complete your tasks in time.You should be ready to work without supervision and therefore staying motivated is up to you.
3.Business knowledge. Master the business language and the art of communication so you can convince you customers and investors that you are the best for them in the market.
4. Find your own opportunities. Opportunities are everywhere and you will have to choose them wisely.
5.Plan and focus. You'll need to manage your time properly. Balance between work and personal time. Do not get distracted from your purpose.
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