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Will You Be FORCED To Become Self Employed Online Because Of The Economy?

Updated on February 7, 2010

So What Do You Think Is Riskier?

Hi... This is Brett Shelite... also known as The HBB Advisor. I received a very interesting email today. It asked the following question...

So what do you think is riskier? Having a regular job or working for yourself. Times are changing rapidly. Are you prepared?

So, What is the bigger risk?

I know what I think. That is why I have been "unemployable by choice" for many years and why I will always be that way.

It is well known that most people like the "safety" of that weekly or bi-weekly paycheck. They like knowing that their paycheck will be there.

But will it?

It seems that one can watch the news or read the paper or check the news online and find company after company going bankrupt or going out of business or laying people off.

And the way things are going, I wouldn't be surprised if over the next 6 to 12 months things don't get much worse.

Inflation is killing the average wage earner. Food prices going up. Sometimes as much as doubling. Gas prices going up. Everyone looking for ways to save money on gas and fuel so that they can afford to feed the family. Commodity prices sky rocketing.

I could go on.

Several years ago I was working for a company and making very good money. Then one day I was notified that the company was closing its doors.

No notice. My income was just gone.

Thankfully I had started a home based business that I worked after hours that paid me enough that I didn't have to file for bankruptcy.

It was then that I decided I no longer wanted a J.O.B.

So I ask you again. What is riskier? Your JOB or starting a home based business.

The best time to start working for yourself is BEFORE your company notifies you that your position has been cut.

This gives you the opportunity to take the time to learn how to work from home.

Because no matter what you see all over the interenet you probably will not start your business today and be rich tomorrow.

There really is a learning curve involved with working from home.

I mean think about it. What if you decided to put up the Million plus dollars to start a McDonalds franchise. But before you made your payment you told them that you wanted a guarantee that you would be in profit within a few weeks and rich enough to retire within a couple of months.

What do you think their reponse would be.

Just like in the "real" world it takes time to learn what needs to be learned to get into profit mode.

The good news is that with a good online business you can be in profit mode much faster than with a traditional offline business.

And... you usually don't have to put up tens or hundreds of thousands of dollars or more to start you business.

So one last time... Which is riskier? Your job or that online business you want to start?

About the author:

Brett Shelite AKA The HBB Advisor has been making a living online for a number of years now. In fact he has not held a J.O.B. in over 6 years. He strongly believes that anyone can make a good living online if they find a program that they can believe in. However, he also believes that no matter how good your program may be that if a person does not know how to market properly (both online and off) that their success will be slow and difficult to obtain. If you would like more information on anything Brett is doing just visit his HBB Advisor Site at http://www.thehbbadvisor.com/

I Refuse To Participate In A Recession

Which Is Risker... Your Job or A Home Based Business?
Which Is Risker... Your Job or A Home Based Business?

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    • profile image

      Aalain 

      9 years ago

      Brillant. Thanks very much

    • profile image

      Mike 

      9 years ago

      I agree completely, I have often stressed that building a home based business is a lot easier while you still have a check coming in from your regular job. This allows you to build the business with less stress and pressure and also to invest the profits back into the business while using your other income to live on. I call this building from a position of strength, rather than building from a position of desperation. One of the key points of failure with all home business is "under capitalization", but building slowly allows you to prevent this.

    • Dan Stone profile image

      Dan Stone 

      10 years ago

      Brilliant Lens – loads of useful and informative info – very inspiring now going to work on my own home based internet business. Thanks

      Dan Stone http://www.earningfromlearning.net

    • profile image

      Jake 

      10 years ago

      It's true with the way the economy is going you never really know when your last day on the job could be. I also agree that an online business is an inexpensive and great way to start something that can make you a lot of money.

    • profile image

      Gregg Rybkowski 

      10 years ago

      So true.... excellent analogies....very though-provoking.

    working

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