Why You Should Start Your Own Business Today
July 29th, 2008 -- Posted in Home Business Ideas, Retirement, Wealth Strategies | No Comments »Here are excerpts from a fantastic article I read in Success Magazine .
Please leave me your comments and thoughts about whether you agree or not. 
The Great Migration
Across the country and around the world, legions of people are abandoning their dependence on big business and seeking independence through their own enterprises. Every month, about 1 million Americans go through some type of job change or loss, and increasingly they are deciding to start their own businesses.
Security, which may come as a surprise, is a big reason behind the move. Only a generation or two ago, going into business for yourself was considered risky, and the safest route was to get a good job in a large firm. Back in the 1960s and ’70s, companies like IBM made “employment for life” the gold standard of job security.
A Better Lifestyle
One of the biggest reasons for the self-owned business boom is that people love the benefits of working for themselves and enjoy the freedom they gain from designing their own prosperity . No more commute and no more boss. You get to choose when you work, how you work and with whom you work. Best of all, you don’t have to make the agonizing choice between time for family and time for business.
Greater Financial Opportunity
The masses making this migration also have a clear eye on the bottom line: There is far greater opportunity to make money by building your own business than by working for someone else’s. There was an implicit trade-off in the old 40-year plan: Working for a firm typically meant there was a fixed ceiling to the wages one might earn, but the benefits and job security were worth it. Now that the benefits and job security (half of the equation) are evaporating, millions are asking, why settle for that arbitrary income ceiling?
A Life of Greater Impact
The nation’s 78 million baby boomers are just starting to reach retirement age, yet they’re realizing that they can’t afford to retire. What’s more, they don’t want to.
Taking the Plunge
“Leaving the rat race is not as daunting as it may seem ,” says author Dan Clements in his guide to worklife balance, Escape 101. “You’ll look back in later years and marvel at how easy it was and how much you gained for so little cost.”
Until next time, J.
"Take control of your destiny or someone else will"
