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Is Self-Employment for You?
The Quiz for People Who Want to Work for Themselves
by Pat Boer

Do you envy people who own their own businesses? Thinking and dreaming about being self-employed is often the first step to creating a new business or career. If you've been considering self-employment, you need to ask yourself a few key questions before you quit your job. To see if you have the right stuff to succeed in business take our Self-Employment Quiz.

Answer yes to the following questions if applicable:

1) Do you hope to eliminate the negatives of being an employee? Yes
2) Do you have sufficient funds to cover expenses for the first one to three years? Yes
3) Do you need a steady paycheck or to earn a living during the start-up phase? Yes
4) Can you live without a steady paycheck? Yes
5) Can you test out the strength of your interest by starting your business part time? Yes
6) Are you specialized in your field? Yes
7) Do you have a written business plan, projecting first year profits or losses? Yes
8) Can you delay gratification, waiting three to five years for success? Yes
9) Are you well known in your community? Yes
10) Can you control your emotions, accepting business or clients when you're tired? Yes
11) Are you computer literate enough to handle your own billings, taxes, records, etc.? Yes
12) Can you invest in and afford to keep up with technology? Yes
13) Do you have an accountant, attorney and other professionals to assist your business? Yes
14) Do you have a professional network of supporters to make referrals to your business? Yes
15) Are you self-motivated, with a strong vision and faith in your self to persevere? Yes
16) Do you like to be in charge, making decisions? Yes

© Center for Career/Life Planning

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