Self-employment is working for one's self rather than for another person or company. To be self-employed, an individual is normally highly skilled in a trade or has a niche product or service for their local community.
What Experts says about SELF-EMPLOYMENT?

Indians prefer self employment: NSSO
Economy Bureau
Posted online: Jan 29, 2008 at 2340 hrs
New Delhi, Jan 29.
Indians prefer self-employment. This was revealed at the 62nd round of the National Sample Survey Organisation (NSSO) report on employment situation of India in 2005-06. The number of self-employed people were highest both in rural and urban India in 2005-06. While the national average was 254 per 1,000 people in rural India, it was 149 for the urban areas.
The survey reveals that in rural India, more than half of all workers were self-employed - 57% among males and nearly 62% among females. The corresponding figures in urban India were 42% for male and 44% for female
WHAT Rich Dad SAYS ABOUT ENTREPRENEURSHIP?

Building a Business to be a Multimillion-Dollar Success
My Rich Dad said, “Starting a business is like jumping out of an airplane without a parachute. In midair the entrepreneur builds his parachute and hopes it opens before hitting the ground.” One of the most frightening days of my life was the day I quit my job and officially became an entrepreneur. I’ve been an entrepreneur now for over 30 years and I’ve learned that there is no substitute for experience.
My rich dad taught me that the world is filled with different types of entrepreneurs. Building a profitable business is not easy, but there are ways to do it – with significantly less effort. I have assembled a team of specially trained experts in small business who can lend their experience in helping you grow your business to unbelievable levels. These experts - my Rich Dad Entrepreneur Coaches – work with you one on one to ensure the success of your business.

By Dr.Robert Kiyosaki
Author, Economist, Public Speaker and Investor