Self Employment Resources Albuquerque NM

Except in very rare cases, you're not going to become financially free working for someone else. Most of the time you will be making sufficient money to keep up with the mortgage and put the kids through school, with a yearly vacation thrown in, but you will be more or less on a treadmill, never really saving enough to be able to tell your boss to "take this job and shove it." Here are some tips on how to approach self employment

CNM SBDC
505-224-5250
525 Buena Vista SE
Albuquerque, NM
UNM-LA-Sandoval County SBDC
505-867-5066
282 South Camino del Pueblo, Suite 2A
Bernalillo, NM
Centers Consulting PA
505-224-2770
2400 Miles RD SE
Albuquerque, NM
A and E Consulting and Contrac
505-872-0780
4700 Prospect Ave NE
Albuquerque, NM
Small Business Development Center
505-224-5250
2501 Yale Blvd SE
Albuquerque, NM
Central NM Community College South Valley SBDC
505-248-0132
1309 4th Street, SW
Albuquerque, NM
Better Business Bureau
505-346-0110
2625 Pennsylvania St NE
Albuquerque, NM
Small Business Development Center
(505) 224-5250
2501 Yale Blvd Se Ste 302
Albuquerque, NM
Fallon Owen G CPA
505-883-1099
2917 Carlisle Blvd NE Suite 200
Albuquerque, NM
South Valley Small Business Development Center
(505) 248-0132
1309 4th St Sw
Albuquerque, NM

Self Employment

Self Employment

How to Approach Self Employment

You say that people should open their open business.

But I know that most new businesses fail within the first year. Aren't you giving out bad advice?

Tad

It is true that most new businesses fail quite quickly, usually because they are under capitalized from the very beginning.

However, it is also true that, except in very rare cases, you're not going to become financially free working for someone else. Most of the time you will be making sufficient money to keep up with the mortgage and put the kids through school, with a yearly vacation thrown in, but you will be more or less on a treadmill, never really saving enough to be able to tell your boss to "take this job and shove it."

Most people are not able to save more than a few thousand dollars for retirement in spite of the growing number of tax sheltered programs the government offers.

The kind of self employment I suggest you look into are businesses that: a) you can do out of your home; b) part time at first while keeping your present job; and c) that require little capital outlay.

I don't advocate that you open a restaurant or a sporting goods shop or anything similar. It takes too much money and time to do it right.

Find something you can do at nights and on the weekends. Turn a hobby or something you love to do into a business. Or open a website and try to make money that way. See Employ Yourself for more ideas.

Maybe you'll lose a few hundred dollars if...

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