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Building Your Own Business Chris Bostrom
Many people are fed up with the daily rat race involved in their current employment situation and long for the freedom of owning their own business.
However, what they perceive the risks to be, stops them from pursuing their dreams. You may have seen Eric Tyson's recent column in the St. Paul Pioneer Press entitled "Self-employment less risky that working for someone". Eric points out "sure, there are risks in running your own business, but, as the millions of people who are laid off every year can painfully attest, being an employee is hardly risk-free". Eric goes on to explain that one of the ways to look at this risk is that if you lose your job, your income stops immediately.
But if you own a business, it would be unusual to lose all of your income at one time. Forbes magazine indicates that more of the world's wealthiest people have built their fortunes through small business ownership than through real estate, the stock market or any other vehicle. Beyond financial, there are many other rewards: pride of ownership, building your own business, reaping the rewards of your own hard work, and the control and freedom of being the boss.
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