Questions for those that have said "F this, I rather work for myself"

[RKS]

what are/were the biggest hurdles in hanging your own shingle. I really want to work for myself but am scared shitless.

 

[Ns1]

Originally posted by: RKS
what are/were the biggest hurdles in hanging your own shingle. I really want to work for myself but am scared shitless.

Lack of constant reliable income. Corporate benefits. Startup is horrendously stressful.

 

[Lamont Burns]

Significant savings to keep you afloat while you transition.

 

[Vette73]

LOTS of paper work esp. if you have other employees.
You pay all your own benifits, including but not limited to insurance, retirement, etc...



I have known some people that had a business that turned a profit but was not enough to cover everything enough for the amount if time it took. So they sold their business and went to work for someone else.

 

[Geekbabe]

Originally posted by: RKS
what are/were the biggest hurdles in hanging your own shingle. I really want to work for myself but am scared shitless.

not having enough VC put aside to get thru my first 3 yrs.

 

[compman25]

Being disciplined enough to pay my taxes each quarter.

 

[lokiju]

Originally posted by: Ns1

Originally posted by: RKS
what are/were the biggest hurdles in hanging your own shingle. I really want to work for myself but am scared shitless.

Lack of constant reliable income. Corporate benefits. Startup is horrendously stressful.

Yep, those are all the reasons that I am working for a company ATM.

You have to take all the risk and work longer/harder hours with no guarantee of pay when it's all said and done.

Health care is another big issue.

The best way IMO is to start it on the side, while it's much harder to do so and will take longer, it's the much safer plan.

That is unless what you'd want to do on your own would require you to operate during normal business hours.

 

[Ns1]

Originally posted by: lokiju

Originally posted by: Ns1

Originally posted by: RKS
what are/were the biggest hurdles in hanging your own shingle. I really want to work for myself but am scared shitless.

Lack of constant reliable income. Corporate benefits. Startup is horrendously stressful.

Yep, those are all the reasons that I am working for a company ATM.

You have to take all the risk and work longer/harder hours with no guarantee of pay when it's all said and done.

Health care is another big issue.

The best way IMO is to start it on the side, while it's much harder to do so and will take longer, it's the much safer plan.

That is unless what you'd want to do on your own would require you to operate during normal business hours.

My plan (when I get a bit more settled) is to work FT at whole foods and then do your shindig on the side. If you can shift your hours to mainly weekends, that would leave weekdays to grow your business. AND health benefits + side money

 

[lokiju]

Originally posted by: Ns1

Originally posted by: lokiju

Originally posted by: Ns1

Originally posted by: RKS
what are/were the biggest hurdles in hanging your own shingle. I really want to work for myself but am scared shitless.

Lack of constant reliable income. Corporate benefits. Startup is horrendously stressful.

Yep, those are all the reasons that I am working for a company ATM.

You have to take all the risk and work longer/harder hours with no guarantee of pay when it's all said and done.

Health care is another big issue.

The best way IMO is to start it on the side, while it's much harder to do so and will take longer, it's the much safer plan.

That is unless what you'd want to do on your own would require you to operate during normal business hours.

My plan (when I get a bit more settled) is to work FT at whole foods and then do your shindig on the side. If you can shift your hours to mainly weekends, that would leave weekdays to grow your business. AND health benefits + side money

That'd work as well depending on your finical needs.

I'm married with a mortgage so my flexibility is more limited.

At this point I need to work a mon-fri 40 hour a week job just to pull in the dough to live and shave a little off for side projects.

What I'm working on won't require me to work any specific hours or days though, so it will (should) work in the end, given enough time and effort.

But my goal one day would be to clear enough to replace my current net, so I'd have to make a pretty large amount for that to happen, but I'm taking my time and am in no rush. Slow and steady.

 

[Ns1]

Originally posted by: lokiju

Originally posted by: Ns1

Originally posted by: lokiju

Originally posted by: Ns1

Originally posted by: RKS
what are/were the biggest hurdles in hanging your own shingle. I really want to work for myself but am scared shitless.

Lack of constant reliable income. Corporate benefits. Startup is horrendously stressful.

Yep, those are all the reasons that I am working for a company ATM.

You have to take all the risk and work longer/harder hours with no guarantee of pay when it's all said and done.

Health care is another big issue.

The best way IMO is to start it on the side, while it's much harder to do so and will take longer, it's the much safer plan.

That is unless what you'd want to do on your own would require you to operate during normal business hours.

My plan (when I get a bit more settled) is to work FT at whole foods and then do your shindig on the side. If you can shift your hours to mainly weekends, that would leave weekdays to grow your business. AND health benefits + side money

That'd work as well depending on your finical needs.

I'm married with a mortgage so my flexibility is more limited.

At this point I need to work a mon-fri 40 hour a week job just to pull in the dough to live and shave a little off for side projects.

What I'm working on won't require me to work any specific hours or days though, so it will (should) work in the end, given enough time and effort.

But my goal one day would be to clear enough to replace my current net, so I'd have to make a pretty large amount for that to happen, but I'm taking my time and am in no rush. Slow and steady.

I feel yah :beer: Side money is easy, making enough money to earn more than a regular FT job is hard as balls

 

[RKS]

I have a pretty easy FT job with odd hours (12-9) bnut I watch my boys in the morning before going to work. I guess I could drop them off early and put in a few hours every morning to test the waters.


Most health benefits are under my wife but we certainly need both incomes.

What are some good sources for business cards, letterhead, and getting a basic web presence?

 

[lokiju]

Originally posted by: RKS
I have a pretty easy FT job with odd hours (12-9) bnut I watch my boys in the morning before going to work. I guess I could drop them off early and put in a few hours every morning to test the waters.


Most health benefits are under my wife but we certainly need both incomes.

What are some good sources for business cards, letterhead, and getting a basic web presence?

You can print your own cards pretty easy now days and they can look really good.

Same for letterhead.

If you want a basic web presence with results on Google, you'll either have to learn how to do it or pay someone.

I know someone that does basic sites if you're interested though.

 

[SarcasticDwarf]

Originally posted by: RKS
What are some good sources for business cards, letterhead, and getting a basic web presence?

It would probably be better to start your own thread for this as there are a large number of options and issues involved.