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One of my favorite cartoons shows a politician
giving a speech at one of those thousand-dollar-a-plate dinners.
He's saying, "...And during my administration, we've created 200,000 new
jobs!". Applause sweeps through the room as a bus-boy is shown in
the background picking up dishes, thinking,
"And I've got THREE of them."
Well, personally, I haven't held a
steady job in 30 years, but I can tell you that it was one of the most
soul-scarring experiences of my life: not only was I expected to show up at the
same time and place every morning, but I had to stay there and pretend to
be doing something for eight long hours every day, with no consideration
whatever for what I REALLY wanted to be doing.
Okay, I'm (sort of) joking, but if you
still find yourself working for the man, then it's no joke to you, and if
you're trying to make a go of homesteading AND holding down a steady job
(or three) it may be down-right depressing.
Which brings us to ask why you want to
have a job anyway.
Maybe you’re doing it for the money. In
which case, you need to remember that if your employer weren’t making a
consistent profit on your salary, then you wouldn’t be working there for
very long. That means your work has more value to him than it’s earning
for you.
Maybe you’re working because you really
like the work, but do you really need your boss to tell you how or what to
do? It could be that your employer provides an environment you could
never equal, (maybe you’re starring in a Broadway play, for example) but
maybe he just has the organization and drive that you, so far, haven’t
exhibited.
Maybe you’ve got a job because you like
the security. In which case, maybe you haven’t been reading the papers
for the last few years. For the vast majority of wage earners, job
security is only a myth. We're currently looking at a higher unemployment
rate than this country has seen in years, employers are cutting back on
basic benefits and loyalty seems to be a thing of the past.
Okay, you’re thinking that this is all
pretty easy for me to talk about, but when it comes to the real world, you
can’t just get up tomorrow morning and decide that you’re going to stop
going to your job and start working for yourself.
Well, actually, you can, but if you have
a job that your family is depending on now, I certainly don’t recommend
that you do so.
The Time Has Never Been
Better
However, you’re a lot closer to that
goal than you may think. If you’re reading this, then you already have
access to the internet and probably have at least entry-level computer
skills. That alone gives you a greater advantage at self-employment than
entrepreneurs have had since man first started marketing the wheel.
The first order of business is
attracting business and right now, right under your fingertips is the most
affordable method of advertising and promoting yourself that has ever
existed. Ten years ago, I was spending thousands each month on
advertising and now, thanks to the benefits of the internet, that cost has
shrunk to a few hundred dollars per month, and frankly, I’ve found that my
best sources are close to free.
I promote my business with a weekly
newsletter to a mailing list I have collected on my website over the
years. Even though I have been collecting these addresses for years, many
of the most valuable ones tend to be just a few weeks old. I do not, and
you should never, resort to spam. There are two reasons why you should
never spam. First, is because the only people making money from spam are
those that charge net-naive companies to spam for them. Spam does NOT
effectively promote any worthwhile product or service. The second reason
is more philosophical, perhaps spiritual: a business cannot thrive if
everyone hates its guts. (I know what you’re thinking, but everyone does
NOT hate Microsoft’s guts, only those who have gotten to know them well.)
The first thing you have to do to launch
any successful enterprise is to get over the notion that it’s impossible.
This may fly in the face of good-intentioned friends and relatives, so if
you need the support of someone else to make you feel that you can
succeed, make sure you talk to someone who’s already done what you seek to
do.
First, Eliminate Your
Excuses
Then you have to eliminate all the
excuses for why you think a self-reliant lifestyle won’t work for you.
Here are probably the big three, but you may have a few of your own to
work through:
EXCUSE No. 1: I’d like to work for
myself, but all I know is [ fill in the blank ] obviously, you can’t do
that over the internet.
A lot of people were saying that five
years ago, but look how many businesses thrive in virtual space today.
Maybe you can’t paint someone’s house by sending them a download, but you
can advertise, take orders and schedule your jobs in your own time leaving
yourself free to perform the skill you do best. You don’t have to be
seeking a worldwide market. You’ll be amazed at how many of your closest
neighbors are wired to the world, even in the most rural locations.
EXCUSE No. 2: I’m broke. We just have
enough to live from paycheck to paycheck.
None of us has enough money (and those
that do are often the stingiest in spending it). If all you have is
access to a computer and your good looks, you can still start your own
business. To make an extreme example, let’s say you’re a heavy equipment
operator. A new bulldozer may cost upward of $150,000 so you can’t
possibly start up as an excavation contractor, can you? Well, yes, you
can. You don’t need a new bulldozer to be an excavation contractor, you
need a client who will pay you more to do a certain job than it will cost
you to borrow, rent or make payments on the equipment you need to do the
job.
EXCUSE No. 3: I have the ambition of a
three-toed sloth. If it weren’t for the threat of complete
self-destruction at the end of each work week, I’d probably never get out
of bed at all.
Of the three, this is without question
the best excuse, because in order to build a business large enough to
replace your job, you will almost certainly spend more time working on it
than you did at your employment. If ambition is your problem than
probably this is not the direction for you. However, I think you’ll
find that working for yourself is much more rewarding and more interesting
than letting someone else call all the shots. You might just have it
in you after all.
If you’ve been an employee all your
life, then the most important parts of gaining self-employment may be
relatively unfamiliar to you, that is, decision-making.
More Fun, But a Lot of
Work
Success at being your own boss depends
very much on the basic decisions you make as you start up your start-up,
decisions, like, "what do you want to do in the first place?". Here, you
have to balance practicality with what stirs your soul, and I would
emphasis that it’s most important not to let either aspect have dominance.
In order to promote success, you need to
spend your time working in a field that you find interesting, challenging
and fun . If you don’t really enjoy what you’re doing, then you may as
well stay on the job you have now. On the other hand, you can’t ignore
the fact that the path is littered with the dead corpses of young start-up
companies dedicated to the owner’s favorite hobby.
Maybe you love canoeing, but that doesn’t
mean that you’ll love manufacturing canoes, or that you’d enjoy running a
guide service, or thrill over publishing maps of rivers. Maybe you’d be
better off concentrating on a completely different field, and letting your
hobby remain your hobby.
One thing is certain though, if your
hobby is the basis of your new business, you need to make sure that the
business end takes precedence over the hobby. To oversimplify, if you
make doughnuts, you need to be sure you don’t eat up all the profits; if
you want to move from being a coin collector to being a coin dealer, you
need to be able to purchase items that will sell, not the ones you want to
own the most.
Competition
Maybe you already have an idea for your
new business, or if not, perhaps you’d be happy to take the job you’re
doing now for wages and convert it into something you do for yourself.
You already know how the job is done, and you may have a few ideas about
how to do it better. Maybe you’re thinking that your area won’t support
another egg-candling shop, but I think you’ll find that in many ways,
competition can build up both businesses. Notice how often auto dealers
try to locate themselves close to their competitors. Sometimes your
rivals advertisements will wind up bringing people to your
showroom/storefront/website and sometimes the opposite will happen, but
you’ll both do more business than you would alone.
One more word about competition: while
this may not be true in big business, I think you’ll find that in any job
you do well and diligently, your competition will not be a problem. The
world is littered with successful, but poorly run businesses. Just
be sure your own work is done to the best of your ability and as
consistently as possible, and you can forget about the competition.
It could be that you strike out on your
own with a plan completely new to you, neither a hobby, nor a former job,
just a great idea. This is the stuff of which the American dream is
made. If this is the way you choose to go, you'll want to be sure that
you do all your research and try to be realistic about your brain-child.
Start Small
You may be ready to go into business
full-tilt starting tomorrow, maybe your great uncle died and left you his
doughnut factory, but more likely, you’ll do well to start out small and
work up. This way, you don’t need to quit your job or make any major
investments until you’re ready.
Starting small also allows you to get a
feel for your market; to try a number of different approaches, then when
you find one that works particularly well, do that again and again, while
always experimenting with other methods as often as you can dream them up.
One last word of caution, beware of the
human factor. If you choose a vocation that involves dealing with the
public, and virtually all of them do to one extent or another, you are
going to encounter some unpleasant moments. If you do business with 100
people, 99 of them will make you realize how glad you are to be in control
of your own life. One of them, however, will make you wish you’d never
been born. This isn’t your fault, it’s his, that one guy in a hundred,
but he is your problem and when you encounter him, just remember, you
don’t work for this guy (at least not anymore) and, "Tomorrow", as the
enterprising Scarlett O'Hara said, "is another day".
I hope you choose to start working for
yourself and if so, I wish you the best of luck. Like anything else,
you'll have good times and bad, but you'll never be out of a job.
I've seen plenty of times over the last 30 years when, if I'd been one of
my own employees, I'd have considered letting myself go. Of course,
that's not an option.
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