6 Benefits of Working for Yourself
The non-traditional career path of working for yourself has now become easier than every before in the ever-connected global market.
Freelancing, a term used to describe the phenomenon of being self-employed and working on projects chosen independently by the worker, is rising exponentially, with 35 percent of the United States population and 16 percent of the European Union population currently performing some type of freelance work.
The internet has made freelancing easier than ever before, with a wide variety of websites available to connect clients with freelance workers, allowing people of many skill sets and professions to work from the comfort of their laptops.
The freelancing arrangement is a win-win for both parties, allowing business owners to save money by outsourcing their work for individual projects rather than hiring full-time employees, and freelancers benefit by having more control over many aspects of their lives.
While the idea of freelancing can be intimidating and admittedly takes hard work to start out, it is worth the grind for many who seek a more independent career. Here are 6 reasons why more people are choosing to work for themselves than ever before:
1. You choose when to work.
Traditional employment can be restrictive on an employee’s life. Between having to wake up and get to work at a time demanded by the employer, having to work after-hours without any say in the matter, and having limited time off for travel, leisure, or parental leave, traditional employment can be too demanding for many workers, who may strive to live life on their own terms. Working for yourself allows you to wake up when you want, work as many hours as you want to prevent burnout, take a break at any time to grab lunch or take a nap, and take vacations whenever you please, offering a lifestyle that is driven solely by you, not your employer.
2. You’re your own boss.
As a freelancer, you are the boss. If you have a client that you don’t like, you can drop them, a luxury not commonly found in the traditional workplace. Research has found that a bad boss leads to increased risk of heart attack, and being your own boss means that you don’t have to worry about the unrealistic, stress-inducing demands of a boss in a traditional workplace.
3. Your work has more personal meaning.
As a freelancer, you can accept or deny any task by your own free will. Many employees in a traditional employment setting find themselves not enjoying their work or having to do something that doesn’t align with their personal values and passions. As a freelancer, you have the power to choose what you work on, allowing you to enjoy your work more and find greater personal purpose and meaning in what you do. Your employment takes up a large portion of your life, and working for yourself allows you to fill it only with work that you love.
4. You control your own income.
Working in traditional employment often means that you have a set salary or hourly wage that is determined by your employer. However, as a freelancer, you can choose what to charge your clients or how many projects you take on. While it can take some time to find well-paying clients, once you do, you may find that you are earning more as a freelancer than you would be in a typical job setting, and you can continue to increase your rates on your own terms as you move forward in your career.
5. You can choose how often you socialize.
This can be great for introverts, who gain energy from spending time alone rather than from socializing all day. Introverted freelancers have the power to choose when they socialize with others by deciding when to work at a coworking space or a coffee shop or when they’d rather get some alone time to recharge at a home office, improving productivity and personal happiness. This can even benefit extroverts, who thrive on socialization. As an extrovert in a traditional work setting, your employer may not allow excess socialization, but if you work for yourself at a coworking space, you can talk to as many people as you’d like for as long as you’d like, giving you the energy you need to thrive.
6. You can control your work environment.
As a freelancer, you have the ability to choose where you bring your work. In traditional employment, you usually have to report to a job location that may involve a long and stressful commute, but freelancers can say goodbye to boring cubicles and harsh fluorescent lighting. Working for yourself gives you the freedom to control your work environment, whether it’s a scenic park, a cozy home office, or a productive coworking space. Everyone’s working style is different, and working for yourself gives you the power to choose the work environment that best suits your personal needs rather than having to endure the one-size-fits-all philosophy of many employers.
Working for yourself can be a big leap after many years in a traditional employment setting, but there are many benefits to working hard to get there. While this type of employment is not for
everyone, it can significantly improve the lives of hard-working, driven, and self-motivated individuals who seek a change in their careers and lifestyles.
At Alike, we provide self-employed professionals with a flexible work environment that they can thrive in, making it easy for Auckland-based freelancers and entrepreneurs to succeed. Browse our website for more information on what we offer, and don’t hesitate to contact us if you have any questions about how our coworking space can help you succeed in your independent career – we are here to help!