TheHBBAdvisor.com

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 internet 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 response 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?

Brett Shelite
The HBB Advisor