Appeal of Self-Employment
· 50% of Canadians would like to be their own boss if they had the choice
· 42% said they would like to work for someone else
· 59% of men would rather work for themselves versus 43% of woman.
· Younger Canadians are more likely to find the appeal of self-employment
· 60% of aged 18-34 would like to work for themselves as compared to only 37% would like to work for someone else.
Factors most likely to cause concern when becoming your own boss are
1. Taxation
2. Pension
Experts say that 8/10 individuals who start their own business will fail within 5 years.
If so many people want to be their own boss, how come so few actually make it a reality?
Why do some people choose to make sacrifices to become their own boss when others won't?