Be Your Own Boss
The most common reason to become a freelancer or entrepreneur is the ability to be your own boss. No more working with control-freak management, no more being clocked in and out of the office, no more getting told off for being late—you are the master of your own ship, and that’s a great way to feel.
Being your own boss is the top reason to start your own business. It can mean becoming a self-contained, one-person company. Happily, the work that you do under this new system will take a skill that’s so close to your nature that you’ll see work and being a boss in an entirely new way.
The End of Office Politics
Office politics have a horrible habit of making people miserable. Many employees say that it’s the worst bit of their job, having to play for favour between competing managers or competing teams. Fortunately, from the day you start working for yourself, you can say goodbye to office politics forever
You’re Free to Work Anywhere – Freedom
Today, many entrepreneurs and freelancers become location-independent workers or “digital nomads”. They choose to work wherever they like and change location on a regular or semi-regular basis.
You Choose the Projects You Want to Work On
If you’re a web designer and you hate working on tobacco company websites, you don’t have to. If you’re a writer and never want to write a single sales letter, you don’t have to. Employees have to work on projects their boss assigns them. Freelancers and entrepreneurs choose their own projects based on their expertise and passion. You might want to bear in mind that it’s unlikely you’ll ever find a “perfect” freelance or entrepreneur job which is 100% interesting and motivating all the time. There’s still boring, repetitive work to be done (such as accounting, admin, etc.), but the majority of your time should involve doing the things you love.
You Never Have to Do Unpaid Overtime Again
You remember that nonsense that companies like to tell you about how salaried employees are expected to hand over their free time for no compensation because they’re salaried? That’s not part of the freelancing life. If you’re working, you’re earning. You charge clients for work, and you don’t work unless you’re getting paid.
You Can Earn More than You Did Before
Sure, in the early days of your career as a business owner—you’ll take the work you can get. Over time, however, you’ll have more offers of work than you can handle. Then you can pick and choose, and, better still, you can raise your rates. Traditionally, freelancers get paid much higher rates than their employed equivalents. Why? Freelancers meet all their own expenses. They buy their equipment; they pay for their health insurance; they pay for their own vacations, etc., and so do entrepreneurs. That stuff doesn’t come free.
Your Efforts Reward You
An employee is paid a set salary, and while they may get the occasional bonus, much of that usually depends on how other people work, too. If you’re a regular employee of a company which makes no money, you still get paid. On the other hand, you often don’t get a bonus if your work brings in lots of money for your company. On the contrary, freelancers and owners of design businesses get paid for the work that they put in and the results they create. The more they work, the more they get paid. The better results they create, the better they get paid. Every bit of work you do benefits you and only you—no more subsidizing the lazy guy/girl who spends all day talking about work without doing any. The money’s yours.