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Secrets of Self Employment

January 24, 2010

Unemployment sucks.

More people are losing jobs every day, and those that still have jobs worry about losing them. Families are suffering, homes are being foreclosed, fear is rampant.

What can we do about this?

The best remedy for unemployment just might be Self Employment!

FACT- 15.4 million are unemployed in the US, 10% of working adults. 135,000 jobs are lost each month (average) (Source- www.bls.gov)

FACT- 8.7% of job seekers gained employment by starting their own businesses in second quarter 2009 (Source- Challenger, Gray & Christmas job market index, Entrepreneur Magazine, December 2009)

FACT- 14% of working adults are self employed, 25% of self employed individuals work from home (Source- www.census.gov)

Who wouldn’t want to be their own boss, master of their fate, achieve financial freedom and security by working for themselves?

Truthfully? Not everyone. Many fear self employment and would rather get a paycheck than work for themselves; however, NOW they are motivated to explore their options.

Here’s a secret- whether you have a job or not, you already ARE self employed!

In today’s economy there is no such thing as job security. You must beat the competition and sell yourself to employers to get a job, and continue to perform to keep it. YOU are your product, and you’re on the street as soon as your employer doesn’t need you.

Getting a job can be much harder than starting a business

All the time and effort spent searching and applying for jobs, stressing about how to get by on unemployment benefits, filling out paperwork, standing in line at EDD, worrying about losing your current job, accepting a job you don’t like for lower pay to survive, would be better spent working for yourself.

When you’re self employed you don’t worry about getting fired or laid off, you have no competition, and are free to unleash your creativity to do what you want with who you want.

Benefits of Self Employment-
  • Job security

  • Financial freedom

  • No boss – Do what you want, when and how you want

  • Tax deductions – Employ family

  • Greater upside – Control variables

  • Build equity – Never “stuck,” always have options

  • Do what you love, follow passion

  • Make a difference

  • Create balanced life

  • Benefit from your own sweat and creativity

Options for Self Employment Almost Anyone Can Do For Little or No Start-Up Costs-

  • Concierge/Assistant (shopping, coordinate home and car repair, paying bills, research/supervise vendors, driving, laundry, cooking, etc)
    • Pets (care, grooming, sitting, exercising)

    • Children (care, sitting, tutoring, sports)

    • Elderly (care, companionship, case management/advocacy, transportation, welfare checks, assistant- chores, shopping, etc)

    • Homes (repair, improvement, maintenance, cleaning, management, organizing, sitting, decorating, consulting)

    • Events- (weddings, birthdays, bachelor parties, spa parties, holiday catering, coordinating, themes)

    Questions to Help You Explore Your Self Employment Options-
    1. What problem doesn’t have a good solution that you can do something about?

    2. What do you already do that you could be paid for?

    3. What special skills do you have that you can create a business around?

    4. What need can you identify that you can creatively fill?

    About the Author: For free, immediate access to a Secrets of Self Employment Resource Guide and 90-minute audio tutorial visit http://www.secretsofselfemployment.com This program is provided as a public service by David Steele and Frankie Doiron of Relationship Coaching Institute because we love being self employed and are strong advocates for self employment. There is no sales pitch and nothing to buy. http://www.secretsofselfemployment.com

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