Independent Entrepreneur (I.E.) Who Are Them?

• Independent Entrepreneurs (I.E.) played an extremely important role in today’s global economics. A vibrant entrepreneur contributes to job creation and has always been a strong engine of economic growth.
   
• An I.E. is a free man, totally free from company policies and regulations. He chooses his own work, time and life. His job specifications and modus operandi change continuously with new business development. His type of work encourages self-management and self-actualisation. In a nutshell, he works for himself.

Types of I.E.

• Internet Trader
• Computer/Phone Repairer
• Stockbroker
• Recycle Business Owner
• SOHO Business Owner
• Finance Service agent
• Will writer
• Unit Trust Agent
• Insurance Agent
• MLM Distributor
• Real Estate Agent
• Transport Operator
• Trainer
• Consultant

Independent Entrepreneurs (I.E.) needs to put up high initial funding!!!

• More and more I.E. “enter and exit” the business too frequently
• Cannot afford the high cost of business
• I.E. business normally fades off faster
• Monopoly catalyses the “demise” of I.E.
• Inadequate pre-planning hastens the fall of most I.E.
• Most I.E. tend to be “laid back”, lacking ahead financial planning