Every year millions of people answer “Yes” to that question and every year that answer costs many of them money, time, confidence, and heartbreak. The Small Business Administration estimates there are 580,900 new small businesses opening each year and that number does not include the small one-person entrepreneurships that pop up every day. However even if you are your business’s sole employee then there is still something to be learned from the SBA’s numbers.

According to the SBA, two-thirds of new businesses survive at least two years and 44 percent survive at least four years. Two of the key factors in the businesses survival and ability to thrive: the owner’s education level and the owner’s reason for starting the firm in the first place.

When you look at the terrible position of the world at this precise moment in time where people are drastically struggling for money, unemployment is becoming more common than ever before with record breaking figures and as a result people are having to cut luxury items out of their life to maintain a very basic lifestyle. It is with this in mind that you have a choice to make whether to continue with this or to take immediate action and overcome the challenge that has been put before you in order to break free and escape from the terrible situation you have in resulting from increasing unemployment and this can be done by becoming self employed starting your very own home based business to help you improve the lifestyle inflicted onto you by unemployment.