Benefits of Being Self-Employed

By Mrunal - Updated: October 31, 2018

In this Article

What does Self-employment mean?
Attractive Benefits of Being Self-employed

You may not get a fixed salary or enjoy paid leaves but there certainly are many benefits of being self-employed compared to being an employee. Here’s a look at some of them that may just tempt you to start your own venture.

If you’re determined and hardworking and are ready to push yourself to the limit when it comes to work, why let someone else benefit from it? Start your own business and attain new heights and job satisfaction. There are many advantages of self-employment and if you’ve been wondering whether you should take the plunge, maybe knowing what you stand to gain will sway you.

What does Self-employment mean?

Being self-employed means you work for yourself. No organisation, firm, or otherwise. You make your own money by selling a service. It could be anything – homemade soaps, food, art, etc. That’s the best part of being self-employed; you get to do your own thing.

Attractive Benefits of Being Self-employed

1. You are your Own Boss

There can be nothing more demotivating than a difficult boss. One of the reasons many choose to be self-employed is so they don’t have to deal with a fussy boss. If you are self-employed, you can plan work according to your convenience without anyone interfering. You get to create an environment that you love working in.

2. You Get What you Deserve

Here’s another reason for being self-employed: Slogging day in and day out for someone who plays the favouritism card when it comes to giving perks and promotions. Sounds familiar? It’s a common complaint among many who work for others. Why waste your time and energy on people who don’t reward you for your efforts? Work for yourself and get the remuneration and promotion you deserve.

3. You Choose your Timings

You don’t have to stick to a set timetable when you’re self-employed. You can work when you like. For instance, if you’re a morning person you can begin work early and finish early, in time to enjoy the evening with your family. On the other hand, if you’re a night owl, you can work late and manage more time for your children during the day.

Woman Entreprenuer

4. You Choose your Work Place

There’s a big difference between being self-employed vs. being an employee. When you work for yourself, not only do you get to choose the timings but you can also choose where to work. This is a big boon for moms who can’t be away from their children. You can work from home and look after them and even manage the house.

5. You Plan your Future

A salaried employee lives on the mercy of her employer. Even if you’re hardworking, you may not get a salary hike or a promotion for years especially if the company’s performance is poor or if your boss isn’t fond of you. But if you’re self-employed, you can prepare both short-term and long-term goals and plan where you want to be in the next five or 10 years.

You know the benefits of being self-employed are great! So, make a name for yourself and start doing things on your own terms. Let others reap the benefits of your product or service. Being self-employed can be liberating and empowering.

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