Tips & Warnings

  • Think "get rich slow." Most businesses take an average of three to five years to start drawing a salary, let alone profit.

  • Keep your home and business financial accounts separate.

  • Take a job for a few months in the field you are considering to make sure you enjoy the work before you take the plunge.

  • Never pay money for a work at home or self employment package.

  • Avoid borrowing money from friends and relatives, it could damage the relationship.

  • Do not invest in businesses that skyrocket overnight, as they tend to fall just as quickly.

  • If you are currently employed, do not share with supervisors or coworkers that you are considering this idea.

  • If someone says this is an opportunity you cannot miss, you probably do need to miss it as this is a high pressure sales pitch.



Read more: How to Become Your Own Boss | eHow.com http://www.ehow.com/how_2278555_become-own-boss.html#ixzz22nGSJl78