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Consider the Options

In: Working for Yourself Without Capital

Author

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  • B. H. Elvy

Abstract

When considering possible options as to the type of business activity you will pursue, keep the following conditions in mind. 1. You need to get some intrinsic satisfaction from carrying out the actual work. Making money is a prime consideration but not the only one. You will be working under pressure. You will have many anxieties. Inevitably, there will be times when you will wonder if it is all worth while. At least choose something that you will like doing. That way, the accompanying burdens will be easier to bear. 2. You must be realistic in your choice. Relate your personal capabilities and the resources available to you to what the nature of the work will demand. It is all very well accepting a challenge and being prepared to adapt oneself sufficiently in order to do so. A willingness to stretch oneself is admirable. But to take on a commitment beyond your capacity would be folly. 3. You should not ignore the legitimate claims others may have on you and on your time. Some disruption to current domestic arrangements, and the need for a degree of sacrifice on the part of your family, may be inevitable if you are to work for yourself. But these will create pressures, additional to those you will incur in running the business. Be mindful of such dangers when choosing your activity and recognise the possible effect these could have on those you care for.

Suggested Citation

  • B. H. Elvy, 1994. "Consider the Options," Palgrave Macmillan Books, in: Working for Yourself Without Capital, chapter 2, pages 13-52, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-13382-6_2
    DOI: 10.1007/978-1-349-13382-6_2
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