Literally anyone can start or buy an existing business.  The first step in deciding to go out on your own is a serious introspective gut check.  I went out on my own in 1993 with a pregnant wife and faith.  Fortunately I was a broker for a major NYSE firm and had clients already – but would they follow me.  If I surveyed them, would they tell my boss?  What if I lost all of them in the move.  Questions, fear and eventually paralysis set in.  That was until one day, sitting in church a wave of peace came over me and a big “Yes” settled into the core of my being.  The next year I earned almost three times what I had the prior year, basically doing the same volume, except I did not have to pay Merrill Lynch 72% of my commissions.

You must have either existing customers, a wide network, or a skill that is in demand to make the move.  I had no savings and a lot of expenses.  I retained 90% of my clients and started gaining new ones.  I found people were buying me not my former company.  It is probably the same of you.  I love picking out stationary, and a logo and an office.  I loved being able to pick any location or view I desired.  The freedom was exhilarating.   I had my wife’s support but she was obviously apprehensive.  Within a few weeks I was cash flowing.  My check didn’t say Merrill Lynch on it.   I simply paid myself from my business account.  No one was telling where to sit, who my assistant would be, what to sell, what meetings I had to attend or when to come to work.  Some days I didn’t.  Other days I worked from home.

I realize there are a lot of considerations which why you must have a business and a marketing plan, nothing elaborate, just one that covers the bases.  You may have to keep a part time job, do contract work or borrow money.  Every situation is different.  Keep reading.