The only way to secure your financial future is to work for yourself.
At least that's what Scott Gerber, author of Never Get A Real Job. thinks.
"Now, more than ever, you need to be entrepreneurial to be successful; you need to create a job to keep a job," says Gerber.
"When you work for someone else you're putting all your eggs into one basket. If you want to secure your financial future regardless of the bad economy, you need to be in control of your own life," he insists.
Ready to take a stab at entrepreneurship?
1. Get your ego in check
"You can't build a successful business if you don't have your priorities straight and ego in check," says Gerber.
While entrepreneurs should be confident, if you go overboard you'll get in your own way.
2. Keep your idea simple
"If your idea is not simple, you're stupid," says Gerber. "Build a business that is nuts and bolts practical and not complex."
"Create a simplified product or service that sells X product to Y customer for Z profit," he says.
3. Always be prepared for the worst
"Every decision should be thought through; plan for the worst so you're not caught off guard if it happens," says Gerber.
"Come up with three alternatives for every decision so you've taken all outcomes into consideration," he suggests.
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