Determining the freelance business

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You start a freelance business and it isn't working out. You find yourself overwhelmed by expenses: paying to advertise yourself, running a Facebook account, buying a domain name and hosting a website, and can't even find your first client. So far, you're just several hundred dollars in the red. You're considering cutting your losses. Pick your response and justify your answer with your locus of control:

1) The economy is really terrible right now for the industry I want to get into. If I could have had more money starting out-or rich parents to fund my efforts-my business would be fine now.

2) Other people have done this successfully- I probably focused on the wrong things starting out. I'll ask someone who knows.

3) I'm not an entrepreneur-and now I know that for sure! Good thing I didn't quit my day job when I was trying this out. Business is tough!

4) Hmm... wrong business idea. The market doesn't exist. I just need another idea, and I'll try these things again.

Reference no: EM132544718

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