Some say the economy is coming back from the recession that has caused panic in both the employed and the unemployed. However, I have also heard that even after the economy comes back, a reduction in the unemployment rate could take quite some time. With thousands of people looking for work, I felt mighty glum about the idea of the unemployment rate continuing to rise. I have many friends and family looking for full time work right now to no avail. It seems that either a person is over or under qualified for each position. We’ve reached a point where even some fast-food restaurants will not hire a person without having experience flipping burgers or serving customers.
Last night I was talking with a friend of mine, she had been looking for a job and found that without 5-10 years experience, she was pretty much up the creak without a paddle. Her main question is, “how do I get 5-10 years experience if I can’t get a job because I don’t have 5-10 years experience?” It seems that this has been an issue for quite a few people. With the unemployment rate so high, employers don’t have to be in a hurry to find someone, they can take there time. My solution, for the job hunter…why not start your own business in the meantime.
Seriously, I always thought it would cost me a lot of money to start a business. The truth of the matter is that I can do it for almost free. I had a business plan worked out so that I only had to make three sales a month to make up the cost of keeping the web-based business running; the rest would be profit. I had decided that as long as I make those three sales, I won’t be losing anything. In fact, I would be gaining an education in entrepreneurship that could benefit me for years to come. In reality, not every business is going to be successful in a monetary way; however, every business is going to be a learning experience.
Since I live in a condo with very little storage space and three other people I should drop ship the products to my customers. Drop shipping will enable me to have the products shipped directly to my customers so that I don’t need to worry about where to store the inventory. No inventory, yet another way I can save money by starting a web-based business. I don’t have to pay for a lot of products to stock on my shelves, I can simply order the product as soon as the customer purchases it and have it shipped right to the customer. Seems like a good plan to me.
The moral of this story is…no matter if you’re employed or unemployed…what do you really have to lose by starting up a web-based business? Give it a shot and write your own checks!