Brits Wish They Opted For Self Employment

March 19, 2009

Brits Wish They Opted For Self Employment

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The UK is a nation of frustrated would-be entrepreneurs, with one in three workers wishing they'd set up their own businesses.

This is according to a report commissioned by More Th>an Business that reveals the career regrets of the nation's over 60s. The results show Brits are questioning their career path in the light of the recession and concerns over savings.

Three quarters of those questioned say they had significant regrets about their time spent in employment, and over a quarter say they persevered with a job that they really weren't suited for. One in ten people questioned also said they regretted going to university and wished they'd spent the time earning money instead.

Mike Bowman from More Th>an Business says: "The research shows a large percentage of Brits are looking back over their career and wondering what might have been if they'd been a little more ambitious, or ready to take a few risks.

"There's nothing worse than feeling that you've missed the boat. If you have a burning ambition or a brilliant idea, then its surely better to take the plunge and start your own business, rather than look back in the future and regret not doing so. With careful planning and the right backing, starting a business now might be the best thing you have ever done"

If you think you would be better suited to the self certified life, talk to your financial adviser about what choices you have, financially, to fuel a new business venture. If done right, a downturn is a perfect time to start up your own small business.

SOURCE: More Th>n, 17/03/09

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