Self Employment Resources Fargo ND

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

Fargo SBDC Service Center
701-235-1495
51 Broadway, Suite 505
Fargo, ND
Fort Yates SBDC Satellite Center
701-854-3734
51 Broadway, Suite 505
Fargo, ND
Veracity Business Brokerage & Consulting
(701) 364-2732
1304 23rd St S
Fargo, ND
Bradley Business Advisors
(701) 239-8670
4357 13th Ave S Ste 208
Fargo, ND
Abercrombie Consulting
(701) 271-0832
1526 23rd Ave S
Fargo, ND
West Central MnSBDC
218-477-2289
1104 7th Avenue South
Moorhead, MN
The Growth Coach
701.261.7861
PO Box 10687
Fargo, ND
The Village Business Institute
(701) 451-4900
1201 25th St S
Fargo, ND
Regional Small Business Center
(701) 235-7885
417 Main Ave Ste 201
Fargo, ND
CBI Business Services
(701) 237-6128
322 Broadway N
Fargo, ND

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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