The number of self-employed persons is 5.78 million, accounting for 20% of the l

The number of self-employed persons is 5.78 million, accounting for 20% of the labor force.[1]

There is no one who doesn't know that the probability of successful self-employment is low. I always see a bankrupt store near my home and company. There is often news that self-employed people go bankrupt. Why is everyone doing it when they know they shouldn't do it?

A. "Don't run your own business."
B. "What should I do then?"

A." Work and get paid."
B.""No one's getting a job."

There are many cases where they are self-employed because they can't help it. I don't use it, but I have to make money.

I am also a self-employed person. There is no point in telling others how to make money. Times have changed since the year I started my business in 2018. People are all different. Appearance, height, weight, age, gender, personality, taste, talent, education, intelligence, physical strength, financial ability, family situation, etc. Times, people are different, situations are different, so what good will my experience be for him? It's nothing more than just talking about others.

I was lucky enough to survive until now. It even went well. Will this luck continue this year and next year? No one knows. It's already creaking, and black clouds are coming in the distance. I'm anxious.

The proportion of luck in success is large. Most people are similarly lucky. I'm a particularly lucky case. You won't be as lucky as I am. There is no such thing as a lucky way to get lucky. Even if you do a gut, it doesn't work even if you use an amulet. It's no use praying to God.

There's no sharp answer. Still, I'm going to write down the tips I think for office workers who want to become self-employed.

1) You can leave the company
There is no reason to endure pain and work at a company. If it is too hard, you can leave the company. However, you should take a little rest and join a better company.

2) Working for a company and doing business
It's better to do this and that on the non-capital side. It's good to do it like a hobby. You can't get money back on the side because you earn a salary. It's the process of finding aptitude in case no one uses me. Let's do this and that, such as Kmong, blog writing, YouTube, online sales, weekend lectures, etc. It's all about losing money.

3) Planning to leave the company in advance
There is a saying that you should prepare to leave the company from the first day of joining the company. Who has the best chance of survival, someone who has planned for years after quitting or someone who quit without preparing? The answer is obvious. Plan ahead of time for quitting.

4) If You Have Money! American Stocks Rather Than Self-employment
The return on self-employment is said to be 20% including personal labor costs.[2] If you invest 200 million won, you make 400 million won a year. If you fail, you will lose 200 million won. If you put it in the S&P 500 for 10 years, it is said to be 12% per year.[3] If you put 200 million won in the S&P 500, you can get 2,800 won per year. It is much safer than business. You only need to earn an additional 1 million won a month from part-time jobs. The risk is small, but the expected return becomes the same.

If you bought 200 million won of the S&P 500 on March 3, 2014, 10 years ago, it is now 560 million. Excluding dividends. You made 3,600 in a year. If you don't sell it, you don't pay taxes. (S&P 500 Index: 1,845 on March 3, 2014 => 5,234 on March 22, 24) Nasdaq is a riskier index than the S&P 500. If it were Nasdaq, 200 million became 770 million. (NASDAQ: 4,245 => 16,428, March 24, 2014)

[1] August 2023 Economically Active Population Survey, National Statistical Office
[2] Maeil Economy, 2018.01.26, Success Note of Multi-store Owners in Business | Despite the self-employment crisis, 30% 'Jackpot' annual returns were sold, and trends were preempted and impressed
[3] KB Asset Management Co., Ltd., 2023.03.09, [Emojeomo Vol.14] In the era of King Dollar, what is a smart S&P500 investment strategy? KBSTAR US S&P500(H)