self-employment coolest career ,Be your own boss
self-employment coolest career ,Be your own boss Today, the problem of
unemployment
is a global phenomenon. To control the cost of operation and maximize the profit, the retrenchment and downsizing of work force have become a fashion today. The rate of
unemployment continues to grow and the unemployment seems to become uncontrollable. The people of productive age, especially youths are facing great hardship. In the present scenario of job markets across the world, the
self-employment is the best career option. This is the domain, where you create employment for your self. If the Dr. Marty Nemko, the international career coach is to be believed, owning and running successfully the business is not a very tough job. His COOL CAREERS FOR DUMMIES, published by Wiley Publishing is a very good endeavor to guide the people facing the problem of unemployment. According to him, the aspiring entrepreneurs have to follow only five basic steps. First of all, you have to generate an idea. This is the basic thing you have to do. He suggests that if you intend to establish a store, first you find a store with customers lined up to buy. Then open similar shop in some other area. The second step is to test the idea generated by you. In this step, you have to do some market research, watch some one doing the same business, detail the idea of your business to others and ask them for feedback. The third step is to develop a business plan. Which did not require compiling a massive document. You just evidence from your research that a market exists for your product/service, analyze the weaknesses and strengths, opportunities and threats of your to be launched business. Most importantly, you have to make provision for budgets for the first few years, say two or three years, of operation. The fourth stage is to control your costs. To save the money, you have to avoid purchase of expensive office furniture, equipments and office space. To operate from home would be a good idea. The final step is to get business come to you and this is possible by networking and building professional relationship with various trade associations. This is a very good and must read book.