But what if you have a family?
You Can’t Start a Business Without Risk
Many people regard doing anything that’s outside the rigid template of the daily plod as “risky”.
I’ve had people warning me of “risk” concerning practically everything I’ve ever done for as long as I can remember.
Whenever I’ve asked other people for their advice, the answer I’ve received has almost always focused on the “risk” – and little else.
For every step I’ve ever planned and undertaken and practically every career move I’ve ever made, ever since I left school.
I no longer take any notice of it. If I had listened to the advice of any one of these negative naysayers over the years, my progress in life would have stopped for good right at that point in time and never have gone any further.
Risk and opportunity are always two sides of the same coin. You can’t have the one without the other. If you focus solely on the risk of making a change in your situation, then you will miss the opportunities.
Being An Employee is High Risk
You are taught that you shouldn’t “expose” yourself to risk.
But simply being an employee is high risk in itself. Employee-dom is actually one of the most risky things of all.
Yet our way of thinking tells us to ignore this fact.
We’re supposed to believe in the myth of the “long term job” which lasts for ever.
We know this is a nonsense. Jobs can and do get rationalized and disappear. Whole firms go under.
All this is happening all the time. Even public sector jobs are not permanent despite what they say. Permanent today, gone tomorrow.
People assume things are permanent and secure when they are not. It’s strange how people disregard this simple fact about the risk involved in being an employee.
A Highly Paid Job Can Be The Riskiest of All
I know someone who once had a highly paid, highly stressful managerial job. He also has four children and a large house.
You might think someone with a highly paid managerial position would feel secure. Going off and starting their own business would be the last thing they’d want to do. Wouldn’t that be too risky?
Yet that was exactly what he did.
He now earns much more than he did in his old job. Plus he now enjoys more free time to spend with his family than he ever had before when he was a salaried employee.
One of the reasons he made the switch from highly paid executive to running his own business was precisely because he felt he had landed in a situation with an unacceptably high level of risk.
He was dependent upon one single employer for his high salary, to maintain his family and to service his mortgage and other consumer debts.
For the sake of his family and his security, he decided he had to get himself out of it. So he left and started his own business.
If he was single, living in a small apartment with lower outgoings, it might not have mattered so much. But it was precisely because he had a family and a high level of commitments that he felt he had to take action.
And needless to say, he didn’t listen to the “advice” of any of the negs and naysayers about his situation.
He now has no consumer debt, he has a paid for house – and his own business.
What’s more, he now enjoys an even higher income than he had before when he was an employee.
And he himself, rather than an employer, is now in charge of his own destiny. Much less risky than staying as an employee.
Don’t Ask Employees For Their Opinion On Starting A Business
A word of caution here.
If you ask the average typical employee what they think about your plan to quit your job and start your own business, the answers you will almost always receive back will be negative.
Not always, but in the majority of cases.
Asking an employee whether you think it’s a good idea to start your own business is rather like asking a butcher if he thinks it would be a good idea for you to become a vegetarian. You will be wasting your time.
I know this from my own experience.
The fact is, people in the world divide up into the entrepreneurs, and what I call the workers.
Workers – and I use this term regardless of whether you are white-collar, blue collar industrial, professional class, sitting at a computer or not, are by their nature mostly not entrepreneurs. If they were, they would not be employees.
Being a worker is about living the life of the daily plod. It’s a relatively low risk strategy – bearing in mind though what I said about the risks in working for just one employer.
Being an entrepreneur on the other hand requires a very different mind set to being a worker. The life of a worker is basically one of avoiding all risk. By contrast, being in business, being an entrepreneur, by it’s very nature, always involves risk.
This means there is no mileage and nothing to be gained by soliciting opinions or advice on entrepreneurship from workers. The outlooks and expectations are completely different.
Because it’s a statistical fact that most people are employees, this means that most people in your circle of friends, family, and acquaintances are most likely to be people you shouldn’t ask for feedback from. This makes things a bit difficult.
If you want feedback on whether you should become an entrepreneur, advice on whether your business idea is a good one, and whether it’s a good idea or not for you to break out and start your own business, then ask someone who already has their own business.
So try and get in touch with other business people. Join some business networking groups. Either locally or online. Or both. And then ask their opinions instead.
Want To Quit Corporate Slavery And Start Your Own Online Business?
If you really want to quit the corporate nine to five and start your own online business, then one of the first things you should do is get some training to help you.
I’m a strong believer in the value of proper training whenever I start a new venture.
If you want to start your own business on the Web, then there are plenty of training programs out there which claim to teach you how to get started.
The trouble is many of these programs are based on little more than hype. They promise 4 hour work weeks, instant riches and other similar such nonsense.
Success in business – whether offline or online, comes from identifying a need and meeting that need by providing value. That means work, persistence, and applying the correct know-how.
Instead of being taken in by the hot-air of the get-rich-quick hucksters, take at look at some of the genuine business training programs I can recommend for online marketers.
I’ve reviewed the courses I’m personally most familiar with and which offer real value. These are all solid professional training programs for beginners in online marketing, taught by well-known, reputable, and experienced business professionals.
Don’t waste your time chasing unrealistic claims from disreputable operators from the get-rick-quick brigade on the Internet.
Read my reviews of the best training programs I can recommend to you.
Image attribution: mover shaker risk taker – Courtesy of lisasperling