Has Anyone Ever Gone Into Business For Themselves?

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I'm thinking of going into business for myself. Especially since these days finding a job working for other companies or people isn't exactly a horn of plenty. I want to go into business for myself as a private investigator (something I've wanted to do since I was in high school). I'm planning on at least starting off with relatively easy things like doing background checks for people and businesses. Even though it's not required, I do somewhat have a background in criminal justice (graduated recently from college) I've always told myself that when I retired from working in law enforcement (I want to be a cop but I'm not physically fit enough at the moment) I would do this. But then I got to thinking since I'm having such a difficult time finding a job I can do, why not go ahead and at least try doing this and become a private investigator at least for the time being? So I'm going to at least try to see how it all turns out. But has anyone here gone into business for themselves? What was it that you did or do and do you still do it? How did it all go?