The lure of striking out on your own can be powerful. Before you take the leap, however, make sure going solo is really for you and that you’ve taken all the necessary steps to ensure your success.
Once you’ve developed a certain level of expertise in your chosen field, you may find you long for the flexibility and control that working on your own can offer. Consulting or freelancing can provide you with the benefits of owning your own very small (as in, just you) business without the hassles of managing other people and running a larger organization.
- The Pros and Cons
Freelancing isn’t without its challenges. Weigh the benefits and costs before making the leap.
- Develop a Plan
Think through your business before you cut loose.
- Safety in Numbers–and Dollars
Create a financial cushion in case of tough times.
- Up, Up and Away
Getting off to a great start.
For some people, the idea of being completely responsible for every aspect of a business’ success is a dream come true. For others, it’s a nightmare. If you fall into the former category, hold on to your hat. Entrepreneurship can be exciting, rewarding, terrifying, and the most challenging thing You’ve ever done–all at the same time.