Why alternative career for me ….
Jobs are not secure any more, in an era of acquisition and mergers, Technology changes etc... People are not satisfied with job environments, disagreements or unruly bosses to report to, late / odd working hours, no security such as pension etc… No career prospects in spite of long years of service or loyalty. Most important no time freedom, No job satisfaction, and no possibility to achieve our dreams.
Self Employment initially looks simple and easy but as they progress people realize, it is not safe, and secure option , face stiff competition , Need capital , risk is involved , managing is not easy, income stops when work stops , and very insecure always .
Based on research people in conventional business 90% of small businesses fail within first 2 years. Balance 10% that survive has to face the first 3 – 4 years with no returns working 15 – 20 hours daily at their business
Based on research out of 100 people who start working at age 20 and retire at 60
- 1% achieve personal freedom
- 4% financially self sufficient
- 5% couldn’t retire and were forced to look for another job
- 12% were broke
- 29% died before age 60 due to stress and anxiety
- 49% required financial assistance
Hence it is imperative to look for alternative careers and earn better living.
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