According to my understanding, self-employment is a chosen career that enables an individual to create his or her own income-generating activity, using the available resources which may either be borrowed or personally owned.
I have realized that those that undertake self-employment benefit from the following:
- High degree of independence; as time goes on and you maintain your business well, you will start to employ people to help you. However, you still to have make the right decisions.
- High degree of job security in self-employment
- Increased innovation and creativity, as a result of the self-employed person making profits.
- More self-confidence; I now have more self-confidence within me and a belief in my own abilities since I work under no one’s direction, supervision and control but my own.
- Efficient resource utilization and good accountability since there is a personal attachment to work. The work situation is entirely under my own control.
- Knowledge of best practices, like buying good quality goods and selling in affordable prices to my customers to maintain a good relationship.
- Strong work ethic; being self-employed has made me a more hard-working person as I strive to turn ideas into reality and become successful.
My dear young people, being self-employed doesn’t require a lot of money but the willingness to learn to utilize available resources, identify your skills, and talk with people who have relevant business skills.
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