The answer to this question really hinges on another question: "Do you work for a boss or do you work for yourself?"

If you work for a boss answer must be a resounding NO! You see, you cannot possibly be paid what you are worth because your boss is being paid what you are worth. He or she then pays you at a discounted rate.

For example, say your hourly rate is $12.00. You do your job and when a profit is made, boss looks at business figures and realises that you are actually worth $25.00 per hour. The boss keeps $13.00 "over-ride" on your services.

That is only fair as boss is one putting up all money, taking all risks and accepting all responsibility for viability of business.

Going back to above example, if you were being paid $25.00 per hour you are unprofitable to your boss and it is pointless for him or her to retain your services. Put simply, they cannot make money from your efforts.

When it comes to occupation and employment, there are basically two types of people:

1 - those who are employees, and 2 - those who work for themselves.

Now, if you like comfort zone of a five day, nine to five job with no responsibility for viability of business, that's fine. But what if you don't?

It would seem that most people begin to question their employment and future prospects between ages of 35 to 45. In this ten year time zone, many people get "itchy feet." They feel like they want to experience something different. Some will move on to a better or more highly paid job, still working for a boss. But others want to get into a business of their own and be their own boss. They want to "call shots" - so to speak.

Sinking all your life savings into a business can be a very risky move. Just think - a large percentage of any savings you might have accumulated, plus any redundancy payout (if you are that fortunate) from your former employment, accrued annual leave entitlements plus a visit to your (friendly?) bank manager.

Before purchasing or developing your own business you had better be certain of one thing. Is it a winner? Have you done your due diligence research?

Sadly, many people attempt to start a venture of their own, usually based on a hobby or interest of some sort. Often these businesses fail miserably. A large percentage of businesses fail within first two years. This seems to be critical time. If you can get past first two years then next critical time is at five year time period. After that, most businesses will survive.

The three things critical to any business are:

When you desire to concentrate on something, a clear target is mandatory. You need to have a very definite goal. Why? Because when you concentrate on one goal you are placed into a track that will lead to fulfillment of goal you desire to achieve. Everything that you do boils down towards its realization. By being in a concentrated state, you are given a single, clear, concrete and definite focus.