My Journey to Self-Employment: Is Self-Employment Right for Me?
Getting into the nuts and bolts of self-employment. The Work for Yourself@50+ Toolkit will help you decide if working for yourself is right for you and how to go about it, step by step. Call 1-888-339-5617 to request a copy.
OK, let’s take a look at this “Work for Yourself@50+” Toolkit. . . . It’s going to be a quiet weekend. I may as well at least crack the spine on it.
This first section, “Explore Your Options,” looks interesting. It will help me consider if self-employment is really the way I want to go. Well, let’s be honest, with the job market the way it’s looking, unless something really unexpected happens, self-employment looks like the only way to go. So, let me grab a cup of tea. . . .
This toolkit is broken down into five discrete pieces, digestible sections, like the wedges of a pie, beginning with the “Explore Your Options” section I’m going to work on today. Sometimes I feel my options are limited, so I’ll be interested to see what the possibilities really are.
When you’re self-employed, your income comes directly from customers or clients who consume your products or services, instead of an entity for which you are an employee.
Are You Ready To Be Your Own Boss?
The common theme across the spectrum is that you are your own boss. The world is full of us these days; we are temps, sole proprietors, consultants, on-call workers, freelancers, 1099 workers and more. We have the flexibility, freedom and creativity to indulge our dreams and make things happen in the world in a way that we truly care about.
There are a number of ways to approach this world of self-employment. Seems I could create a part-time business, or side gig, in addition to my full-time job; that is, of course, if I had a full-time job. Not bitter, mind you; just transparent. So let’s move on to option two, freelancing or working as a contractor; working on specific projects on behalf of other organizations—that’s me! Then there’s running my own microbusiness, with five or fewer employees offering my products or services. I could create a social enterprise or non-profit organization, with the goal of doing good for the community while also generating a profit.
Now, do I have the stomach for any of this?
I have nothing to invest, therefore nothing to lose by giving it a try. And speaking of nothing to invest, how much do I have to earn in this enterprise to stay afloat?
The Business of Me
I have been walking the tightrope for so long that taking the risk on a new venture no longer raises my blood pressure. After my stint as a professional jobseeker, it seems the regular 9-to-5 with “bennies”, 401(k) and the like is a thing of the past. So I better get on with creating The Business of ME.
Now, mind you, this is a walk on the wild side, not for the faint of heart, so carefully examine your goals and the advantages and challenges of going it alone using the handy worksheets in the Work for Yourself@50+ Toolkit.
But, if you get even just a little thrill from the thought, then maybe this is the path for you. C’mon! Let’s go for it!
Call 1-888-339-5617 to request a copy of the Work for Yourself@50+: 5 Simple Steps to Get You Started toolkit or complete this short form to download your copy now.
Self‑employment may not be the right fit for everyone. But knowing what questions to ask yourself can help guide you to the decision that makes sense for you.
See related blog posts: My Journey to Self-Employment
- Taking the First Steps on the Road to Self-Employment
- Hustle While You Wait
- Is Self-Employment Right for Me
- Find Your Focus
Blogger Profile: Michele Higgs is on a journey to self-employment with the help of AARP Foundation’s “Work for Yourself@50+” program. In this blog series, Michele will describe her experience with the program and will walk through the Five Steps to Self-Employment which provides guidance and advice on self-employment. This is the third of a series of blogs she is writing about her experiences with the program.