Many people share the dream of being able to work for themselves. It almost sounds like an unobtainable luxury, to be your own boss, set your own hours and work for your own best interests. But for some people, this scenario isn’t just a dream, it’s a reality. Through hard work and perseverance, they’ve been able to make the transition from working for a company to working for themselves.
If going self employed is something you’re thinking about, it’s important to be fully prepared for all the challenges you’ll face both during and after transition. These challenges can take many forms and some may be unexpected, but all are perfectly manageably providing you take the necessary steps.
Create a Routine
A routine is just as important to a self employed person as it is to a larger business. For example, if you intend to work from home, it’s recommended that you keep regular hours, get dressed for work as you normally would every day, and set aside a space in your home in which you can work without distractions. This strategy is used to great effect by self employed professionals the world over – even rock stars like Nick Cave have found that a 9-5 work ethic helps to keep them motivated.
Protect Your Business
There are many things that can go wrong with a new business, even if it’s just a business of one. For this reason, it’s always recommended that people who are self employed take out business insurance. Business insurance can protect you in any number of events, from the loss of your work equipment through theft to your losing business revenue due to an accident or illness.
Know Your Niche
As a self employed person, you will invariably find yourself having to compete against larger companies who have many more resources at their disposal. So to make yourself stand out from the competition, it’s important to identify and market your strengths as best as you can.
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What makes you different from everybody else? What kind of service can you provide that no-one else can? And who have you worked for previously, who would be happy to speak to the quality of your work and commitment? When you can answer these questions, this is when you will really begin to shine as a self employed professional. And, above, all, make sure you love what you’re doing. If you’re happy in your work, your customers will be happy too.