If you get chance in this depression time, do you prefer to continue in employment phase or switch to self employment (entrepreneur)? Why?

When the economy is in a slump and jobs are not plentiful, or being advertised, the job seekers has to ask themselves.

At what phase am I in in my life? 

Can I afford financially, to invest funds into a self employment option? because setting up your own business is really a cash game.

And how will this benefit me and my family in the future?

Financial independence is key to a happy work life, along employment satisfaction and enjoyment, however at the end of the day you (and your family have to afford to live and eat) so the very first place to start before venturing into a small business is to look at a business plan, and asking the big question??Is this business going to help my "bottom line" or cause me more financial hardship?