Being your boss is perhaps the best that can happen to you. However, the fact that it comes with a lot of challenges, many get discouraged and dissuaded. But if you dare to dream, you can reach your goals. If you intend to work for yourself, keep in mind.
- There are taxes, benefits, and insurance that you must handle independently.
- Attaining stability in work-life balance is essential as well.
- There are advantages and disadvantages of both that you must consider.
How to work for yourself and find work for yourself?
If you have decided to work for yourself, you might find it challenging to get a job for the initial period, but that should not discourage you from working on your own. Networking is one of the best ways to find work. And if you have enough work, you will never regret why you left your routine corporate job.
An important aspect that you must keep in mind is never to get into panic mode. Take it easy and slow. Work out a plan, and make a note of it. Write down the various avenues from where you might get work and contact people.
Striking a balance between life and work
Since it is your own business, you tend to do all the chores. There are two advantages of the same. First, you know that the work is being done correctly; secondly, you can save money. If you had entrusted the task to someone else, you would have had to pay charges.
Now that you take all the onus, you tend to work overtime, which creates a gap between your family life and work hours. But if you can manage both well and decide beforehand, you will devote a certain amount of time to your family and a defined amount of time to work.
What are the advantages and disadvantages of working for yourself?
Every venture has two sides, just like two sides of a coin. When you worked 9 to 5, you had the pros and cons to face. In case you are working on yourself, the pros and cons are as follows-
Pros
- The potential for earning more is greater.
- You exercise a lot of control over your own business
Cons
- You might have to give in long hours of effort and time
- Taking time off from your business may become harder, at least till the time you are not established.
