How to Start Up Your Business from Home
Self-employment has enjoyed a boom in recent years, with many people switching a 9-5 career for starting their own business that they can run from home. This can bring many …
Start up the Business of your Dreams.
Before, freelancing simply means doing different jobs for different employers, like working part-time as a cashier on weekdays, and baby-sitting or lawn-mowing for neighbours on weekends. With the internet becoming more prevalent, the meaning of freelancing has changed utterly in so many aspects. The people who sell things on eBay, who put their house up for lodging in Airbnb, rents out their vehicles in Uber, or offers services on online work platforms—these individuals are freelancing, and without them, the sharing economy is nonexistent. These new-age “freelancers” gave a new meaning to doing business; building trust between people who only met virtually. The practice of sharing which was once exclusive between family, friends or people who know each other, has been extended between strangers in the sharing economy.
Being a solopreneur in a sharing economy, there are a lot of challenges you have to face, most of them personal. The ring of “you are your own boss” sounds great to the ears of those working in cramped offices, doing boring jobs with terrible bosses. However, being your own boss has its drawbacks for the same reason. It means being solely responsible for what you do and what you produce. If you successfully delivered, it would be great! You will reap the rewards of your own hard work. But if you fail, you only have yourself to blame with no employer or a big company name to hide behind. This is the anxiety that constantly nags the movers of the sharing economy.