You can’t be Fired from Your Own Business

The job market is not improving despite some brief reports that unemployment claims are down. There is nothing in the news that points to a job market recovery in 2009. If you have still have a job, you might consider yourself “lucky” but how long will it last? There are very few jobs that offer “immunity idols” (yes I swiped that concept from Survivor) against getting laid off.

The reason for this is simple. When sales and profits are down, the principles in any business begin to look at things they can get rid of. What seemed like a necessary position last year, may be a prime candidate for dismissal. One of the largest overhead items for any company is its payroll expense and this is the first place they look to chop dollars. One person who recently joined MyWirelessRep tells me he feels he did so just in time. His employer didn’t fire him, but gave him a 10% pay cut! Fortunately, this rep has been steadily building a business and easily has a buffer to cover that 10%. But he’s not satisfied with that. He will keep building until he can tell his boss what to do with that job including the pay cut! Despite it being a bad job market, it’s a good time to have a home based business from which you cannot be fired!

2 Responses to “You can’t be Fired from Your Own Business”

  1. You hit the nail on the head! As an employee, you are expendable, meaning, you can be replaced, discarded, used and then thrown out. Cost cuts come, expendable employees go away.

    I wrote a post a while back on this:
    http://www.createfinancialwealth.com/you-are-expendable-to-an-employer/

    Thanks for the info!

  2. Great angle. Definitely building a home based business is the way to go… however people should remember that they have to be the hardest boss they’ve ever had in order to have the success that they truly seek and desire. 4 years ago when I began my journey, knowing what I know now, I would’ve fired myself in a heartbeat.. Just because you can’t get fired, doesn’t mean that you shouldn’t!! Thanks for opening the discussion up and for the great post!

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