Six years
ago I was still an employee of Guaranty Trust Bank plc and my salary was a
little below N100K monthly, basically I lived on a tight budget while on the job.
Bankers as we all know mostly, liked to live the happier than thou lifestyle
but most of us lived a borrowed life, our car is acquired through Loan, our furniture
is bought on credit, the house we lived in is secured through mortgage loan as
well, even our shirts, suits and shoes that we make ‘shakara’ with is usually acquired
on credit. Some of us even go as far borrowing money to float an elaborate wedding
after which the marital institution fell off like a pack of domino when the
center holds no more. Millions of people are desperate to escape the 9 to 5 job;
one popular alternative is to look for a business opportunity that turns you
from an employee into a self-employed entrepreneur running your own business. See
related article…http://hollalaycan.blogspot.com.ng/2015/11/should-you-stick-to-your-present-job-or.html
There are
many good reasons why this can be a wise move. Being your own boss means you
can set your own hours and decide when the shot is called by not waiting for a
superior order from above. This can be very important if your present income is
not commensurate with your efforts, or simply you wish to spend more time with
your family at home. Working from the comfort of your home can also save
valuable time spent in traffic gridlocks, if the alternative is spending two or
three hours every day commuting back and forth to your work place. And perhaps,
working for yourself also gives you the opportunity to diversify and makes more
money than your present job offers. Read related article.. http://hollalaycan.blogspot.com.ng/2015/06/are-you-still-in-paid-employment-11.html
Fortunately,
being your own boss gives you that priceless commodity called liberty. It sets
you free from the confines of being someone else's paid employee, and in return
makes you in charge of your own future. As a self-employed entrepreneur you are
free to set your own timing, establish your own work routine, choose what work
you will do or will not do, it afford you to create your own products, build
your own customers, and do what you have to do to make those customers contented.
And perhaps
most importantly, when you are self-employed you are free to set your own
prices and make as much or as little income as you are able. You will not have
to answer to anyone other than yourself, your suppliers, and of course, the
regulatory authorities after your business becomes booming.
How do you get started -- Two Options
There are
two apparent ways you can go about starting your own business. The first option
is to quit your day job and launch full bore into your new business. This can
be referred to as the "Plunge Approach". The second way is to
continue with your current employment and develop a business on the side, in
your spare time. We'll call this the "Auxiliary Instance Approach".
Based on
your situational circumstance, taking Plunge Approach can be either an act of courage
or just plain carelessness. Unless you are autonomously wealthy, planning and
