Disclosure: I received compensation for publishing this post. All thoughts and opinions are mine. Read my disclosure policy here.
With so many uncertainties in the economy, many people are turning to their own ideas and self employment ventures. Over the past few years, our family quickly learned that even “solid” jobs can turn out to be not so guaranteed. When you’re self employed, there is still no promise that you won’t have a dip in your income. BUT for me, I knew how much work I could put into something and that made it more appealing for me. I knew I could work hard and have at least some control over what would happen.
I think another key to finding a successful self employment venture is picking an opportunity that is in demand. With Super Cuts, hair cuts are always necessary! That offers a new level of job security when you’re looking to make an investment.
Recently, a poll was conducted with 1,000 people that had an income of $200,000 or higher. Here are some of their results:
- 56% are planning on opening or starting a business in the next 12-18 months. (Either alone or with a partner.)
- 25% are females looking to start their own business.
- 56% looking to start a business are planning on having a business partner.
- 31% of the people looking to start a business are planning on going into business with a spouse or domestic partner. (That’s roughly 10% of all respondents.)
- 30% of respondents looking to start a business are going into business with a friend and 26% are going into business with a colleague.
The poll also revealed that females are more likely to go in business with their spouse than males.
I think going into business as a team is a great idea – if you have good communication skills. Domingo often helps me with my work projects or offers practical support around the house while I work. We make a good team because we communicate with each other. I think it would be fun to go into another venture together — like Super Cuts!
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