First off, I really enjoy following Zac Johnson on his blog Inside the Secret Life of a Super Affiliate. It’s definitely worth the read if you are looking for information about affiliate marketing - from where to start to what techniques and affiliate programs you should use. Zac has done a great job sharing his knowledge with his readers.

So, yesterday Zac Johnson wrote a post called Your Job Sucks? Six Reasons to Be Your Own Boss Now! Wouldn’t that be great - I know there a lot of people who are doing it. But is it the right time for you to make the jump? Here are a few reasons why you should hold off on being your own boss.

  1. Current Economy - Jobs are being cut right and left - businesses are going under and the economy is hurting. If you quit your job now and your work at home ventures fail - you may never get your old job back. This, of course, depends on your profession. It’s just something to think about - you need a back up plan in case being your own boss doesn’t work out.
  2. Your Current Income - I’m not talking about what you are currently making at your job - I’m talking about your current money stream outside of your job. The income you are making now from your online ventures, or whatever you plan on doing once you quit your job. If you are thinking you can just quit your job and start making enough money to support yourself, and maybe a family, right away - you are probably wrong. You should have at least a couple months of income saved up to support you while you get your own business ventures running. Or better yet, they should be running while you are working and making enough money to allow you to quit.
  3. It’s all on YOU - So, maybe you don’t have to mess with a jerk boss or annoying coworkers, but if you screw things up when working for yourself it’s all your fault. You can’t say, ‘I was just doing what my boss told me.’ There is no one to blame but yourself. Are you ready for everything to fall on your shoulders? Maybe that’s exactly what you want or need to get you motivated.
  4. Benefits - one of the nicer parts of having a full-time job. At most companies, health care, dental, vision, 401K, stock options are taken care of for you. Things like these are great benefits of having a job in a company. This might be one of the hardest things to let go when quitting your job. It can be worked out though - your spouse might be able to put you on their insurance, you can get your own health insurance (can get pretty expensive), you will need to take the time to manage your own money and get in touch with accountants and setup your own retirement fund. It can be done - it’s just another thing to think hard about before you go on your own.
  5. Taxes - Don’t forget about taxes. When you’re on your own it’s up to you, or your accountant that you hire, to take care of these things - they can get confusing.

This isn’t a give up and stay in the workforce post - it’s a be realistic about your future post. If your goal is to work from home and be your own boss then staying focused, motivated, and working hard can get you there. Just be realistic about it - or it could turn out to be a very negative turn of events in your life.

I know my goal is to work for myself and a lot of the reasons I want to work for myself are mentioned in Zac’s post - he makes some great points. I also know that I will need to be absolutely sure I can financially support myself when I make the jump from the 9 to 5 to working my own hours for myself. If you read Zac’s post Your Job Sucks? Six Reasons to Be Your Own Boss Now!, which I suggest you do, make sure to read the last paragraph of text. And don’t give up if being your own boss is your goal - stay motivated and work hard and it will happen.

Michael Hargis

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