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We found out that many professionals who quit their jobs and became self-employed never really sat down to think about the downsides of being self-employed.They want the freedom that being a business owner provides but they never really got there.This week’s article explores some of the disadvantages of being self-employed to help you fully understand the reality of self-employment.

If you’re a small business owner in the health and nutrition space, you should apply for the Bayer Foundation Women Empowerment Award for a chance to win a €25.000 cash prize.

Happy reading!

The Downsides of Being Self-Employed

Despite some advantages of being self-employed, the downsides are just too many to ignore.

Many highly skilled professionals rush into self-employment without taking time to think about some implications.

They believe is the same as starting a business, which we have clarified here.

But there is a need to highlight some of the disadvantages that comes with being self-employed, which is what we aim to achieve through this article.

Apply: Bayer Foundation Women Empowerment Award

Bayer Foundation’s vision is to catalyze advances in science and social innovation for a world with “Health for all, Hunger for None”.

With the Bayer Foundation Women Empowerment Award 2022, they aim to reward female entrepreneurs as inspirational models and foster the brightest minds to provide impactful solutions for sub-Saharan Africa’s challenges in health and agriculture.

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PLUS: Whenever you’re ready, here are four ways you can work with us in starting, growing or scaling your business:1. Dive into the strategies and tactics that you need to implement the steps for building a self-managing and owner-independent business; a business that runs with or without you! Are you ready to take action? Enrol for the self-paced course on The Business Builder SystemTM. SIGN UP NOW. 2. Get personal, one-on-one help with growing your business. Accelerate your results with coaching from me and my team. Tell us about your business. CLICK HERE.3. Connect with our exclusive community of like-minded business owners. Join The SME Coach Facebook GROUP.4. Are you thinking of starting a business of your own but don’t know how to go about it? Search no more. The Small Business Handbook will guide you through the maze. BUY NOW.

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