I love to read “Entrepreneur Magazine” and I usually get inspired by the success stories especially of those who really rose from rags to riches. As a Pamilyang OFW, having a business is one goal that we have as an action plan. Although, I have also read entrepreneurs who failed, being in the business is a risk in itself. Other businessmen opted to get business insurance to be shielded with any business risk and lost that may happen to the business. I am ready to face this risks since I want to be conservative in terms of facing all aspect of being into it, but for now that I am still in the planning stage I am very optimistic and positive about it.
I am very hopeful that one day we will have our own business that dear OFW husband will manage. A business enough to sustain our daily needs and to provide us with a comfortable life.
having your own biz is really good but there are many disadvantage also, aside from all the paperworks, one thing to consider is when you are starting a biz it could or could not earn profit right away.. comparing to working in a company where there is a monthly salary, 13th month pay, other bonuses, retirement benefit etc.. these things one must consider especially if the one wanting a business has a good paying job.
So true that there are many people specially entrepreneur who are really successful right now. even though they work abroad it proves that they really love their own jobs.
Kate Brown Wilson recently posted..http://www.moneyline.sg/homeloans