Cons of Being Your Own Boss No Monetary Guarantee This con is hard for many to accept. The reality of being a business owner is that money is not guaranteed, and generally speaking, running a business is expensive. You’ll Put in A Lot of Work Again, this isn’t a 9-5 job where you can leave work at work. Being your own boss means that you will be responsible for your business all day, every day.
What Can You Afford? We all know and understand that running a business costs money. You’re going to need start-up capital if you want your new venture to be successful. Supplies, marketing, shipping, and hiring help are going to be out-of-pocket costs as you begin to get your business up and running. So, when you are starting a business, make sure you have the funds available to afford these things.