Psychology of the Self-Employed - Are you a candidate?

Written by Chuck Crawley

Did you know that every week, 125,000 people start a home based business?

Did you also know that 80% of most small business starts fail withinrepparttar first 6 months?

Self-employment,repparttar 117992 American Dream, or is it?

First what arerepparttar 117993 benefits of becoming self-employed.

** Less commuting ** An Escape fromrepparttar 117994 "rat race" ** More time for yourself and your family ** Become your OWN boss ** Unlimited Income potential

A real dream come true!

Exactly what does self-employment mean anyway?

Well, let's break it down.

According to Webster's Desk Dictionary SELF means, "a person or thing considered as a complete and separate individual", "by oneself or itself", "a persons nature or character","independent","automatic","self-operating".

Can you see yourself inrepparttar 117995 above definitions? If you can't then you better keep your day job. Remember, 80% of most business startups fail inrepparttar 117996 first six months. What will you do afterrepparttar 117997 first six months in business if you still aren't making a profit?

Here'srepparttar 117998 Psychology ofrepparttar 117999 Self-Employed:

====================================================== "A person or thing considered as a complete and separate individual" ====================================================== The true self-employed individual is complete in everyway. Head strong and confident in his purpose and goals. Separate in his convictions, which places him aboverepparttar 118000 crowd. Different in that he operates based on his own understanding and beliefs. When allrepparttar 118001 hype has dissipated, he is still guided byrepparttar 118002 Big Picture and continues to move forward. Success in his mind in imminent.

Everything Passes... Are you prepared for the Challenge?

Written by Chuck Crawley

So you want to start and operate your own home-based business.

Are you prepared forrepparttar challenge?

Operating your own business is more than justrepparttar 117991 basic startup steps. A great business plan, startup capital and an outstanding product or service can get you started. Your ability to weatherrepparttar 117992 storms of entrepreneurship isrepparttar 117993 real challenge. Ridingrepparttar 117994 business emotional roller coaster will test your mental and physical strength. It seems that at one moment you are ridingrepparttar 117995 High wave of success and satisfaction andrepparttar 117996 next moment you're being beat-up byrepparttar 117997 waves of discouragement and stress.

Are you prepared forrepparttar 117998 challenge?

I started my own business several years ago marketing a financial software product that I personally developed for a niche market. I had no competition and very low overhead. I sold my software to an organization that had over 5000 divisions that desperately neededrepparttar 117999 type of software that I had developed. The perfect business model. Man, was I ridingrepparttar 118000 High wave of success and satisfaction!

Just when I had finally stabilized my software and established a working relationship withrepparttar 118001 divisions of this organizationrepparttar 118002 tides changed. I was approached by an officer ofrepparttar 118003 major organization about participating in a joint venture with another Software Company. Well, I really didn't have a good feeling about this idea, but I agreed to discussrepparttar 118004 possibilities.

The other Software Company basically wanted me to give them rights to my software on a trial basic with a PROMISE that I would be compensated if they were successful. Well I told them what they could do with that deal and things started to completely fall apart after that. I was told that I either acceptrepparttar 118005 deal or they would proceed without me. So I tookrepparttar 118006 hard stand and refusedrepparttar 118007 deal and they proceeded without me.

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