There are two sides to every story, it is said. Nowhere is this more true than in the import and export market. While the prospects of owning your own business and working for someone else are vastly different, one constant is for sure: which one is preferable depends entirely on your point of view. Although few people like the idea of having a boss, for some people it is absolutely necessary. It takes a special kind of person to make it on your own, whether it’s in the import-export market or any other industry. The most important thing is to know the pros and cons ahead of time and only take the next step after you’ve honestly assessed where you stand.
independence vs. working for “the man”: When you work for someone, it’s easy to focus on the bad. Truth be told, everyone has their good and bad days no matter who signs the paycheck. Don’t go into your own export-import business if you think all your problems will magically disappear. You are likely to work harder for yourself than for someone else. Yet many people are still drawn to the prospects of running their own business because of the satisfying sense of independence that comes from knowing you set your own hours. However, it is important for you to realize that those hours still need to be recorded in one way or another.
Paycheck routine vs. Set Your Own Goals: A paycheck routine like the one that comes as an employee has many advantages. Comfort and safety are easy to get used to and can be a difficult adjustment when traveling on your own. However, the big difference that draws people to self-employment is the control one has over one’s own destiny. Working for someone else earns him, on average, a 3 percent pay raise per year, and he always has to look over his shoulder for layoffs. Being self-employed gives you unlimited earning potential.
Hard Work vs. Busy Work: In a typical job, you show up 8-12 hours a day, and it’s there whether you need it or not. That leads to a lot of unnecessary busy work. Working independently ensures that the things you achieve are for the strengthening of your business.
Market Research – A necessary evil for any business, going freelance means you have to collect all the information yourself or pay to have it outsourced. Either way, it comes at a price you may not be willing to pay. Working for someone else usually means that the tools you need are always there for you.
Peace of mind: What helps you sleep at night? Take a chance and make your own way or live with the monotony of prefabricated security. The best option depends on who you are and what you want from life.