Not so long ago, a career was a term that almost exclusively applied to working in a physical business for many hours every day. The continued development of technology has made the online environment more available and more popular, leading many people, like myself, to use this as an avenue for employment.
Perhaps the most popular reason for working for yourself is freedom. While you are your own boss, you don’t have to worry about anyone and there are no rules for you to follow except for the ones you set yourself. For me, this freedom means that I don’t have to follow someone else’s schedule. I set myself a goal of a certain number of hours working a day, but when I do these hours is entirely up to me.
This means I have the chance to sleep in if I want to, have a late night if there is something going on or even work at night and sleep during the day if I feel like it. The flexibility and freedom is great
The buck stops here
Employment is brilliant, particularly if your life is unpredictable like mine is, but it isn’t for everyone. Some people find the lack of structure frustrating and are concerned at the risks. When you are self-employed, the buck stops at you. There is no one else responsible if your business fails, and no one is going to give you severance pay either.
Personally, I love this aspect of what I do, but it does keep me on my toes. I have to constantly keep an eye on where I am earning my money from, what the frequency is and whether there are any dry spells. For example, Christmas is always a difficult period, as there simply aren’t as many people employing. I have to organize my budget and schedule around this to make sure that I don’t have any problems with money over this period. This means saving and trying out new revenue streams.
Sometimes a particular approach will fall through, but other times it will be highly successful and something I end up doing a lot more of. For example, my main area is writing, but I also do a little website programming on the side and resume creation. While I hone my writing skills preferentially, having other skills works well for me, in case no one needs a writer for a week or a month.
Why choose self-employment
There are a lot of people who use online businesses as a way of being self-employed and they all have different reasons for why they chose this, and why it works for them. Personally, I chose to work online because I was going to lose my current job and I wanted the ability to work on my own schedule.
I wouldn’t recommend this approach at all, because it is risky. When I started I barely earned enough money to pay my bills and it was touch and go. If you are looking at starting an online business and being self-employed, start slow. Don’t rely on your business before you know it can support you.