How To Sack Your Boss And Make Money Doing What You Love!!

So, you’re sick of your job. Perhaps it’s your boss who has had you make him one coffee too many, perhaps you’re sick of being limited to 20 holiday days a year, maybe you want to spend more time with your family, or perhaps you’ve had enough of making the fat cats at the top richer.

Whatever has driven you to contemplate exiting the rat race, you are not alone. More and more people sack their bosses each year and the great thing is that going it alone is constantly being made easier for people like you.

So you’ve decided that being an employee isn’t the life for you, but what do you do next? Hopefully this article, based on my own experiences (I decided at 21 that working for someone else wasn’t right for me, but age is no barrier to following these steps), will help you move forward and end up making money doing something you love.

First, you need to identify why you are currently dissatisfied. Are you fed-up of your current job, or sick of employment generally? If the problem is bigger than just the job you do now, then this article is for you.

I firmly believe that while some people make marvellous employees, and thrive on having a 9-5 routine, many of us strive for something different. And it’s no surprise – how many of us are actually doing the jobs we dreamt about as children? Most of us end up leaving those ambitions behind and finding jobs that pay the bills, make our parents proud, or give us status.

Thankfully, it’s never too late to turn your back on the rat race and make money doing something you love.

In order to do this, of course, you have to identify the things you gain pleasure from. Brainstorm these things on a sheet of paper and be creative and ambitious. What are your interests? Your passions?

If you really are going to make a living for yourself, you want it to revolve around something you enjoy and have an interest for. Particularly in the first 12 months, your life will be focused on your new venture, so it must be something you have a real interest in. A great example of people making money from their interests are the number of reiki healers, hpynotherapists and homeopaths who begin this line of work from their own home after decades in employment. If they can do it, why can’t you?

Once you have your list of interests, you need to begin thinking of businesses that you could start that are based on these. If you can think of a problem that exists in any of these areas, and which you could solve, that’s a real bonus!

When you have found a business idea (this won’t necessarily happen immediately, but work on it: type your interests into a search engine and see what businesses appear as results) it’s time to research your market. This stage is incredibly important as without it you would be beginning a business with no idea whether there was actually a demand for it.

First, you need to identify who your target audience is. Are they male, female or both? What age group(s) do they fit in? Where do they live? What lifestyle do they have? What other products or services will appeal to them (these are your competition)?

Once you are satisfied that there is demand for your chosen product or service, you need to start thinking logistics. How much will it cost for you to start this venture? Will you need to remain in your job until the business takes off, or can you afford to focus on the new venture full-time? Will you work from home or will you need retail/office space?

All of these are big decisions, and you should take the time to consider each of them in depth. It’s exciting to begin thinking about breaking free from employment, but don’t get carried away and miss vital planning!

You will need to reach a figure of initial investment that the business requires. This can be self-funded, borrowed from friends or family, borrowed from a bank, received in grants, or invested by venture capital firms. Each of these options has various pros and cons and you should research the options carefully. Television shows like Dragons’ Den are making more people aware of options like venture capital funding, but you should be aware that while on TV the pitches take only a few minutes, in reality the entrepreneurs are grilled for up to two hours each and can be waiting up to 6 months for the money even if they manage to find an investor.

Similarly, working from your home and obtaining retail/office space both have advantages and disadvantages. While working from home will save money (and offer various tax benefits), it may not be ideal depending on your circumstances.

Deciding whether to remain in work or not can also be a difficult decision. While some people are happy to throw themselves into the business full-time, some people require the safety cushion of remaining in employment. Only you will know what is the best option for you, and there are success stories from people who have taken both options.

Once you have put in the research and are confident that your business idea can be successful, it is time to take action. Countless people before you have gone it alone successfully, and starting a business is an incredibly exciting experience. You become your own boss – working at hours you choose, where you choose, and doing something you enjoy. No more answering to someone else, or arranging holidays around everyone else in the office.

Starting a business is such a big idea that it can be daunting, but if you break it into manageable tasks it is not only possible, it is fun and rewarding. It may just be the best decision you ever make!

Katie Forrest began her first business aged just 21. She now runs a successful network marketing team and welcomes committed, ambitious people to apply to join her team. Nutrition: www.TheNutritionWebsite.com Skin Care: www.katieforrest.goldenkeys.net Network Marketing: www.mannapages.com/katieforrest

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