Comments on: Trade offs and compromising http://virtualimpax.com/2008/02/01/trade-offs-and-compromising/ Social Media Marketing: Old school sales strategies don't work here. Thu, 03 May 2012 13:43:55 +0000 hourly 1 By: Kathy http://virtualimpax.com/2008/02/01/trade-offs-and-compromising/comment-page-1/#comment-55686 Kathy Mon, 28 Mar 2011 13:09:13 +0000 http://virtualimpax.com/2008/02/01/trade-offs-and-compromising/#comment-55686 There's a well known statistic that says 95% of new businesses fail in the first five years. A lesser known statistic is that over 75% of those businesses were profitable when they closed. The bloom can fall from the self employment fantasy quite quickly once you're putting in 16 hour days. I know of several people who started their own businesses and decided to return to working for someone else because they could make more money and only do what they enjoyed doing. But - I guess you'll never know if self employment is for you if you don't try! There’s a well known statistic that says 95% of new businesses fail in the first five years. A lesser known statistic is that over 75% of those businesses were profitable when they closed.

The bloom can fall from the self employment fantasy quite quickly once you’re putting in 16 hour days. I know of several people who started their own businesses and decided to return to working for someone else because they could make more money and only do what they enjoyed doing.

But – I guess you’ll never know if self employment is for you if you don’t try!

]]> By: Theo http://virtualimpax.com/2008/02/01/trade-offs-and-compromising/comment-page-1/#comment-55493 Theo Thu, 24 Mar 2011 15:36:09 +0000 http://virtualimpax.com/2008/02/01/trade-offs-and-compromising/#comment-55493 It does take a certain type of person to be able to become successful at being self employed but if you are willing to put in the hard work then it can definitely pay off for you later down the line. It does take a certain type of person to be able to become successful at being self employed but if you are willing to put in the hard work then it can definitely pay off for you later down the line.
Theo´s last [type] ..Pros And Cons Of Becoming Self Employed

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