CHAPTER 2

What is it like?

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The downside

The upside

Before you launch yourself headlong into your new business venture, it’s important to know what you are letting yourself in for.

It is very tempting to look at the self-employed and think – ‘Ah the lucky people, they don’t have a boss, they can work whenever they want, they have flunkeys to do all the dirty work, and yet they get paid loads of money’.

There are certainly lots of benefits to being self-employed, and we’ll come on to those. But first, let’s be realistic about the costs.

The downside

Risk: Risk and reward go hand in hand in a new business. Most people just get hung up on the ...

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