Suze Orman weighs in on self-employement

I haven’t always been a big fan of Suze Orman, though many of my friends believe her books are the bible. If you also read my insurance blog, you’ll know that I disagreed with some of her insrurance buying tips, and that I generated a bit of a buzz that way. Cynically, I did also not that whenever I mention her name, my traffic goes up. What to do?

Anyway, I did see that Suze Orman’s article on self employement made the front page of Yahoo! today, so she does generate a lot more buzz than I do! Anyway, I’m sure that my Mom would agree with everything that Suze says. Don’t live off of credit, have a plan, don’t take a crazy, insane risk, and don’t eat up your retirement savings. That is good advice

However, and even Suze does note, that many of us started our businesses with our backs against the way. I had just been downsized about of my corporate computer job of 20 years, was going through a divorce, and really had the option of trying to support a pack of kids on some $10/hour job or starting my own business. Maybe the sane thing to do would have been to have taken a job in some office or retail store, but I did have a lot of skills and equipment and experience to do what I wanted to do. I went for it. That’s me, and even though I still think I’m fairly nuts, I have survived.

So to analyze Suze’s article, I’d say that she gives good advice. But sometimes you’ll regret taking good advice!

Here’s the link if you have to listen to Suze!

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