vickypham.com

After careful consideration and brainstorming, I have finally decided to start my own business to hopefully free me from the 9 to 5. If not, I hope that it will, at least, provide a steady side income. Starting my own business has been something that I’ve been thinking about for quite some time, and until recently, I finally got the guts to take some action. I have tested out many of my ideas through friends and family and although many are usually scoffed at, I may finally have found a small niche that I have some experience in. It will be stressful trying to start up a business while maintaining my regular 9 to 5, oh-so-stressful job, but I dream of one day reaching that gold pot at the end of the rainbow that will be worth the risk and stress. Here are the motivation factors behind my pursuit of my very own business:

I will no longer ask “What If”

I would hate to go through life having to ask, “What if I have started that business.” Life is too short for regrets, especially when it could have been a very positive experience. There’s no way to foresee the future so I might was well try it out. If I happen to fail, I will still be satisfied knowing that I tried.

I will utilize the skills that I have accumulated

I work in a marketing department and have learned quite a few marketing tips that I can utilize to promote my own business.

I get to be my own boss

As much as I love being told what to do, how to do it, when to do it,  and being at the mercy of someone else, I can live without it.

I will control my own earnings 

I want to reap the fruit of my labor. This is rarely the case in the corporate world as their goal is to get the most out of you for as little as possible, and who can blame them? They are afterall a business themselves. By being my own boss, I can see a direct correlation between the work I put in and the income it generates.

I get to spend more quality time with family

This of course is the most important, but I chose to list it last as it’s also the most obvious. My son is already 11 months, and I feel like I missed out on so much by returning to work full time. By operating my business out of my home, it will allow me to stay home with my son a bit more.

I will try to update my progress regularly on my journey to financial freedom. Stay tuned to see if I am on track.

I’ll end this post with my son on the potty. First attempt and he looked quite content:

This entry was posted on Wednesday, March 25th, 2009 at 8:30 pm and is filed under Thoughts. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.