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Consider entrepreneurship

Have you thought about starting your own business?

Working for yourself is also an exciting potential career path to consider.

Most businesses fall into one of two categories: Selling a product – something physical that people buy. Or selling a service – using your skills to help someone. Examples include:

Selling a product Selling a service
Clothes Childcare
Food Tutoring
Art Hairdressing
Accessories Cleaning

When coming up with a business idea, consider four key questions:

  • What skills do I already have?
  • What problem can I solve?
  • What do people around me need?
  • What could I ‘start small’ with today?

Entrepreneurship is a great path, but it's not easy, and it's not for everyone. It's important to be honest about both the opportunities and challenges.

Opportunities Challenges
Flexibility Income may be unpredictable
Independence Less stability at first
Turning your passion into income May need start-up money
Creating your own opportunities More responsibility
Activity: Could starting your own business be for you?

Consider the following questions:

What is a skill you could offer as a service?
What is a product you could potentially sell?
Based on the different opportunities and challenges starting your own business presents, and what you know so far, do you think this is a good potential path for you?
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