Lately, there has been a huge increase in the number of people who are self-employed. These are either freelancers or people who own and run their own business.
Part of the reason for this is perhaps how easy it is for someone to set up their own business. Or, set themselves up as a freelancer.
Spend a couple hours online and in no time at all you could have your own website to sell a product or a service. It really is that easy.
But we imagine some people have been attracted by the numerous benefits of self-employment.
Table of Contents
Be Your Own Boss
If you are self employed, you’re essentially the boss of yourself. There’s no one higher up than you breathing down your neck to be more efficient or productive.
You only have to answer to your customers or clients. This type of freedom and independance is quite attractive.
Although we will admit at first, you’ll struggle to get yourself to do anything at all. When you’re self-employed it’s easy to spend all day in bed doing nothing.
However, that does bring us to the next advantage.
Work From Home
When you work for yourself, you can choose to work from home. We shouldn’t have to tell you the benefits of this. You can, if you like, work from the comfort of your bed. Or, at the very least your sofa.
You won’t have to face the morning rush into work. If you have kids you’ll always be there at home when they get back in from school. Or, if you have a pet you won’t be leaving them alone all day.
It’s a simpler, more relaxing life and we can understand why many people are choosing it.
Reclaim On Tax
Of course, the best part of running your own business or working as a freelancer is that you can make reclaims on tax.
Essentially, you’ll be able to claim back on things like rent, internet bills and anything else that you use for your job.
Now admittedly, you will have to set up self payment of your taxes, and this can be tricky without using tax preparation software. It’s easy to make a mistake and pay less than you should have.
When that happens, you could find yourself in trouble with the law. But if you speak to a tax lawyer they’ll be able to help you out of any issue you find yourself with.
Choose Your Hours
Remember what we said about being your own boss? Well that means you can choose how many hours you work each week.
So, if you want you can do the bare minimum to keep your business afloat. Or, you can increase your hours and pay getting more done each month.
The choice is entirely up to you.
Limitless Possibilities
Finally, it’s true to say that in the past self-employed people have gone on to make a fortune. That’s because the possibilities are truly endless.
The only thing stopping you from making millions with your business idea is your level of determination.
If you push yourself hard enough, you can become the next massive success story, fueled by pure ambition.
Are you working full time online?
What are your skills?
Please share your views in the comments below, thanks!
Atish Ranjan says
Hello Erik,
I agree with everything what you said but there is just one problem when you work from home and that is you get bored sometimes. but, that is not a big issue if you are earning well, you can open your own office at home, and get a few guys work with you in a complete official manner.
Thanks for the post.
Gharelu Nuskhe says
this article gt me bit emotional, actually from last 2 yrs i m trying to make my presence countab;e as a self employed man and i started wd freelancing ework but could’n make that mark…now i m inspired by some bloggers like u and 2 mnth back i started a new blog..whole thing is i understand the benefits of self working but that alsi need hard work wd good dedicatin.
Gharelu Nuskhe says
Thanks Eric for your motivational support.
Mi Muba says
Hi Erik
All the benefits you have shared here for being self employed are ample proof of the fact why number of self employed people is rising day by day.
The biggest benefit of being self employed is working without any stress and just follow the deadlines to accomplish tasks on your own liberty.
I know one of my friends was earning in thousand while doing a job and now earning in hundreds of thousands after becoming his own boss. It counts a lot how much productivity one has while doing a task and under the nose of a person one can’t be as much productive as he can being his own boss.
Many thanks for sharing this very lovely post on benefits being self employed.
Mark says
Well the first benefit for self employed we are very optimistic and also working at any time we want. I guess we can do any thing any time we wish and go anywhere we want,
Eli Seekins says
Hey Erik!
So true. Being self-employed is amazing. The community is also great too.
These are some of the same reasons why I love it so much. They are all so great.
Saurabh Tiwari says
Thank you for this Post!
It’s a good reminder to be thankful for the many positives of self-employment. I especially love the part about Be Your Own Boss.
Great article! This is what I want so badly…
Thyrone Charles Mathew says
Hi Erick,
It’s a great post.
As you said, self-employment means we are the boss and we are the workers. It’s a kind of great feeling, We don’t need to tense, or we don’t need to go to work at the right time and much more benefits. But as Atish said, sometimes we got bored. Anyways compare to work under another person, we work for ourself is one of the greatest feeling ever. But make sure to earn a good income. 🙂
Thanks for this post.
Rocky says
The best thing I see in freelance is the freedom of oneself. in some circumstances, one could face a bitter experience with his or her boss. in freelance, one’s way of working is highly accepted.