Wouldn’t it be nice if you could do things your way, go home when things are slow, and leave for vacation without asking for permission?
If only there were a way to work in such an environment.
Guess what, there is! It’s called being your own boss.
While it may seem intimidating, working for yourself can be one of the most rewarding experiences of your life. Additionally, it may be one of the best decisions you ever make.
Let us explain.
Why Being Your Own Boss Could Be the Best Decision of Your Life
Here’s a mind-blower for you: 85% of people hate their jobs! That’s the overwhelming majority!
However, we must make money to live, so it’s kind of a necessity.
The question is, what if there was another way? What if you could not only enjoy what you do but make more money doing it? Sure, you’ll need some startup resources, but it’ll be totally worth it in the end!
Check out our top 7 perks of being your own boss!
1. Nobody Looking Over Your Shoulder
One of the best things about being your own boss is knowing no one is looking over your shoulder.
For some people, it keeps them honest. However, most people don’t need that, they just want to get their work done!
In fact, when we are micromanaged, it actually leads to some negative side effects.
For example, employees work slower out of fear of screwing up. Ironically, however, micromanagement actually leads to more screwups, despite the slower rate of work.
Additionally, employees don’t feel trusted, which leads to a demoralized crew, and a high employee turn-over rate.
2. No Asking for Vacation Time or Sick Days
It seems silly that we work five days a week enjoy a two-day weekend. We work 50 weeks out of the year looking forward to two weeks of vacation.
Does that not seem insane?
Being your own boss allows you to take sick days, personal days, and vacation days whenever you want. Granted, you have to work sometime or you won’t make any money. However, working for yourself allows you the freedom to find a happy medium between work and play.
No more putting in for approved vacation dates or calling in sick and hoping you sound ill enough, whether you’re faking it or not.
3. Flexible Work Hours
Another great benefit of being your own boss is working the hours you want when you want.
On some level, your hands are tied by clients, the services you provide, and how much money you want to make.
However, if you don’t want to wake up at 5 am every day, don’t!
Working for yourself allows you some flexibility in your hours. Leave early for your kid’s baseball game. Take off early Friday to get a headstart on camping for the weekend!
It’s totally in your hands.
4. Do Things Your Way
Most people don’t like working for someone because they hate being told what to do and how to do it, regardless of how much they’re getting paid.
Trying to get a project done using somebody else’s directions can be frustrating, especially when you know your way is better.
If you’re starting a business, odds are, you’re good at what you do. Why let other people tell you how to do it?
Being your own boss ultimately means one thing – you get to do things your way.
You can do things your way and we can help you!
5. No Middleman to Pay
At most gyms and fitness clubs, personal trainers charge around $50 an hour. However, they usually only take home about half of that. The gym literally takes half of their earnings!
Your work isn’t any different. The company who employs you takes everything it can and gives you a minimal amount.
Imagine not having a middleman who needs to be paid. Imagine, for example, being your own boss as a personal trainer and taking home every penny of your $50 an hour rate.
You could actually afford to charge less and still make more money than you would otherwise. Thus, you become a wildly competitive business while reaping all of the rewards!
6. Self-Motivation vs. Pressure From Above
It can be said that not everyone should own their own business. Some people simply lack the motivation to be successful. Without structure, they fall apart.
You, however, have plenty of motivation and it comes from within. You don’t need your bosses timeline or quotas to keep you moving. You do that well enough on your own.
Plus, pressure from above generally causes stress and fear of failure, not inspiration and motivation. Like micromanagement, it can often lead to errors.
Being your own boss allows you to set your own timelines. It allows you to create the parameters of what you expect from yourself and your business.
Don’t do other people’s bidding anymore. Be your own boss, set the quotas and stick to them!
7. Appreciate Working
Perhaps one of the best things about working for yourself is learning how to appreciate what you do.
Not only can you enjoy not having anyone breathing down your back, but you can also appreciate what it takes to keep the wheels of business turning.
By being your own boss and doing things your way, you can actually begin to enjoy working. This is especially true if you’re passionate about your trade.
In fact, being passionate about your business is almost a requirement. Without passion, it’s all too easy to take too many days off or get burnt out.
If you’re going into business for yourself, make sure you know the risks, rewards, and requirements of running a successful business.
Good news! You don’t have to do this alone!
Seriously, being your own boss doesn’t mean you can’t ask for help.
Everybody gets help when they own or start a business! It can come in the form of business loans, borrowing help to get moved into a new space, or picking your business-savvy friend’s brain for advice.
Similarly, we are here to help you!
Got an idea? We can help you expand on it or get the ball rolling!