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Pamela Wigglesworth Op-Ed: Do You Have What It Takes To Be Self-Employed?

The American corporate trainer, who is based in Singapore, provides six tips for budding entrepreneurs:

(1) Are you self-aware? ("Knowing your business strengths and weaknesses will allow you to play up your strong points and outsource the areas in your business where you are weak.")

(2) Are you self confident? ("As a start up, there will be days when you feel unsure of yourself or your ability to make the business work. Staying informed about your industry will help build your self confidence.")

(3) Are you self-disciplined? ("Remembering you are now solely responsible for providing your paycheck will help you keep on track when the 'join us' phone calls start to come in.")

(4) Do you have a high level of self-esteem? ("Use that experience [where you felt great about your abilities and accomplishments] as a reminder of what you are good at and that you are capable, and then move into your work day with that good feeling.")

(5) Are you self-motivated? ("Do you have the means to motivate yourself in the early stages before the business actually takes off? Do you have the patience to ride out the times when you're in a down period?")

(6) Do you know your self-worth? ("Research the market to see what your competitors are doing and quote a price similar or even slightly higher and be prepared to speak about the value you offer if questioned about the price.")

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