facebookWhat is some advice you'd give to someone starting their own business? What are the risks of becoming self employed? - Seedly

He Ruiming

Co-Founder at The Woke Salaryman

18 Nov 2020

SeedlyAMA

What is some advice you'd give to someone starting their own business? What are the risks of becoming self employed?

Self employment, Business, Entrepreneurship

AMA PolicyPal

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Val Yap

18 Nov 2020

Chief Executive Officer and Founder at PolicyPal

Hi Ruiming, great to see you here. We have been following your channel and thank you for helping us to make better life and finance decisions!

It is important to find something you are truly passionate about solving. Next, how would you differentiate your company from your competitions? Are you motivated by risk, rather than defeated by it? Self-employment means being able to project your customer and cash flow, and figure out how you cope with the stress and environment.

When you’re self-employed, every single day is a new opportunity to make an impact. Challenges come along and it’s up to you to overcome them. Dilemmas arise, and you get to resolve them yourself/ with your team. Once you get started with a mission, people of similar interest and values will come along, When everyone is chasing their dreams together, there will be a whole community ready to support and rally you onwards.

Good luck. I’m rooting for you.​​​

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