Advice to the newly self-employed.

I have been self-employed for over a year. When I first retired from teaching in June of 2007, I planned to rock the real estate investment world. I knew that my lack of success in my self-employment was due to all of the time that I spent being employed. Once I no longer had the 9-5 to deal with, I would hit the entrepreneurial world with a vengeance. There was nothing that was going to stop me.

Will, here I am almost a year and a half later, and that just hasn’t happened. So why do I suck at this self-employment stuff, and what suggestions can I make for you, so you can avoid my mistakes? First of all, remember that the business world is super competitive and very cruel. I moved here, from the big city world of the San Francisco Bay Area, to the somewhat provincial ways of Ogden, Utah, because I wanted to be a big fish in a little pond, instead of the opposite. I thought that this would be a successful place to do that. Has it worked? In some ways yes, but one of the things that I noticed about little ponds is that all the fish are very chummy, and have been for years. It’s a little hard to get on a first name basis with all those chummy fish, but if you try hard enough, they will get to be your friends, or at least colleagues.

What other words of wisdom do I offer to the wanna-be self employed? Keep working hard. It’s not easy, and if you think it’s going to be, you’re dreaming. It takes huge amounts of self-discipline, not just to do the work, but to keep trying, especially when you  don’t succeed. Believe in yourself, your family, and your talents and never, ever give up. I really believe strongly in the spirit of the American people, and that even in our present economy, people still have the opportunity to make a good living working for  themselves. I also believe that it is the only sure thing that we have. The chance to go out in that cold, cruel business world and make it. So go out and make it, you can do it!

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