In today’s ever-evolving job market, there are plenty of new opportunities to work for yourself. Whether it’s freelancing, entrepreneurship or gigs — the list goes on. Actually, seven in 10 the young adult job-seekers the AICPA recently surveyed claim that being their own boss is more valuable than the job security of working for someone else. If you’re thinking of branching out on your own, you’re not alone.
Not sure if you’re ready to take the plunge? Consider these three perks of working for yourself.
You’ll have more flexibility.
It’s as simple as this: if you’re the boss, then you make your own schedule. Would you rather work from your couch than an office? You get to decide. Want to work all night and sleep all day? That’s up to you. It’s your hustle that determines the success of your business, so figure out what works best for you.
You can create your own team.
Building a team from the ground up is a lot of work — but knowing they’re there to help you reach your entrepreneurial goals will provide peace of mind. While building your team, it’s important to recruit quality people who can help you execute day-to-day tasks. It’s also vital to find strategic advisers who can ensure a successful path for your business. For example, CPAs can provide insight that includes strategic planning, compliance reporting and financial management. That kind of expertise is invaluable.
You can follow your passion.
There’s nothing like waking up every morning and knowing that everything on your to-do list is an investment in you. If you’re thinking about taking the leap into entrepreneurship, or know someone who is, here’s a checklist to make sure you have everything in order.
To learn more about the value of working for yourself, tune in to this episode of The Small Biz Brunch podcast to hear Mackey McNeill, CPA/PFS, the President/CEO of Mackey Advisors, discuss her own entrepreneurial journey.