Being your own boss sounds glamourous right? And it looks good too. Just think about all the fabulous role models we have here in Singapore. Singaporean women have started their own fashion companies, they run businesses out of their HDB flats or they create gorgeous cakes and promote them via Instagram. Being your own boss looks great. Also Singapore is a great environment for start-ups, here’s just a few reasons why.
Of course looking easy doesn’t mean it actually IS easy. Striking out on your own is stressful, and there’s no guarantee your business will be succesful. Also, it’s A LOT of hardwork, whether you’re looking to be a freelance accountant or a baker.
Says Stanley Tan owner of Windflower Florist, “You have to work even harder than anyone, that means working way beyond eight hours and you’ve got to be constantly be on your toes. The good thing about being your own boss is that I have something to call my own. When I look at what I’ve built, along with the people who had crossed paths and came together to build Windflower with me, that sense of satisfaction and achievement is amazing.”
It’s worth weighing the pros and cons of being your own boss before you quit your job and strike out on your own. Here are a few things to consider if you’re looking to make this kind of career change.