Nowadays, more and more people are ditching the 9-5 job to enjoy the liberties of self-employment. However, some
people praise being self-employed while others see it as an unnecessary stress. The truth is that self-employment is definitely not for everyone. Some people simply prefer the perceived security of traditional employment and a steady paycheck. That said, there are plenty of reasons to at least consider becoming your own boss. So, in today’s guide, we’re going to look at 5 reasons why self-employment is better!
Call Your Own Shots
When you are the boss, you get to decide how things work. This doesn’t mean that you can do whatever you want. You’ll still have to work to make your customers and clients happy. That said, you are in control of how your company functions. You manage the structure and profitability of your business. While this is certainly a lot of pressure, it also means you never have to answer to a rude or unfair boss again!
More Freedom to Manage Your Personal Life
One of the biggest perks of self-employment is creating your own work schedule. You can work when it suits you and manage your personal life as needed. For example, if you need to do some household chores, you can do them without needing to “call in sick.” The same is true for bigger life events. For instance, if you’re moving to a new town (in which case you should contact Black Tie Moving), you can choose to take a few days off to focus on the move.
No Need to Commute
Most people who are self-employed choose to work from home. Today, many jobs can be done from your computer, and if you’re calling the shots, it means you don’t have to leave your home for work. You can even stay in your pajamas if you want! In all seriousness, cutting out the commute doesn’t just save you time, it also saves you money on transportation.
Increase Your Income
When you work for a company, you have virtually no control over your income. You may ask for a raise, but it is up to the company to decide if you deserve it or not. Even if you do deserve one, it may not be in the budget. Alternatively, when you are self-employed, you have much more control over how much you make. You can really work to maximize income and minimize work hours based on your needs and schedule.
Pursue Your Real Dreams
Being self-employed often means that you can take your personal interests and turn them into a job. Whether you enjoy writing or even playing video games, you can often find a way to monetize your favorite activities. Even if your work is not related to your passions, you can still use the flexibility of self-employment to pursue your dreams in your spare time!
Did you like this guide on 5 reasons why self-employment is better? If so, be sure to check out some of our other articles on Four Hour Work Week today!
Track All Your Accounts With Personal Capital
Personal Capital lets you see all of your accounts in one convenient place. Sign up now for free.
Latest posts by Mr. 4HWD (see all)
- 8 Products Made in the UK - April 16, 2023
- 3 Additions to Make to Your Morning Routine This Spring - March 31, 2023
- 6 Ways to Live a Happier & More Fulfilled Life - March 20, 2023
Leave a Reply