Be Your Own Boss and Stay That Way – Self Employment

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An article by contributor Eileen O’Shanassy.

The alarm clock buzzes. We roll out of bed, get ready for the day, and on our commute to grind out another day of nine-to-five monotony, we can’t help but fantasize about how great life would be if we were our own boss. That fantasy may be closer to a reality than you may realize, as three out of ten Americans are successfully self-employed today. In fact, many millennials prefer to work from home or start their own business so they have more control over their life. Here we provide five solutions to launch you in the direction of successful self-employment.

Financial Preparation

The biggest obstacle people face when transitioning into self-employment is financial preparation. Before telling your boss where to shove his opinions, make sure you are financially stable for up to a year, as it can take some time to start earning the big bucks on your own.

Homework

Nothing in life comes without preparation. Becoming successfully self-employed is no exception. Luckily, a lot of the prep work can be done before leaving your current employer. Legally establishing your business, starting financial accounts for your business, and learning how to operate software platforms for your business can all be accomplished before parting ways with your current job.

Related: https://due.com/blog/4-ways-can-prepare-financially-self-employment/

Networking

One of the most challenging aspects of being self-employed–especially for those in sales–is building up a client database. Some people leave their former employer too hastily, forgetting that it was their employer drumming up all the leads. Taking the time to network with successful individuals who have already accomplished the goals you are looking to achieve will lead to an easy transition into the world of being self-employed.

Transitioning Safely

Change is often scary; however, there are steps you can take to assuage your fear of leaving your company. A lot of people transition slowly into self-employment. Working with a company that allows you to do independent sales, you can begin your path to self-employment slowly. Companies like Mary Kay, Cutco, Xyngular, or Young Living are well-established and allow you to work as little or as much as you like. This way you can build up your reputation and client base while still employed full-time, all-the-while safely gaining the skills you need to successfully transition to self-employment.

Related: https://www.crunchbase.com/organization/xyngular-corporation

Discipline

For most people, financial independence does not come overnight. It is important to remember this and stay focused. The most successful self-employed individuals are disciplined, resilient, and they relentlessly aim to improve their business.

Related: https://www.forbes.com/sites/glassheel/2012/04/12/13-signs-you-are-meant-to-be-self-employed/2/#58030a976a24

In other words…

Financial independence and freedom from the office grind isn’t as far away as you think. With determination and preparation, you could join the millions of successful self-employed Americans in no time.

For more great information on employment and career exploration, make sure to check out Campus Career Coach!

Eileen O’Shanassy is a freelance writer and blogger based out of Flagstaff, AZ. She writes on a variety of topics and loves to research and write. She enjoys baking, biking, and kayaking. Check out her Twitter @eileenoshanassy


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