Author Box
Articles Categories
All Categories
Articles Resources

Reality Of Self Employment: A Guide For Self-Employed Individuals

June 26, 2012 | Comments: 0 | Views: 180

In the midst of conflicting positions regarding the status of self employment in the country and the whole world as well, many people are still turning to self employment opportunities for various reasons. One is the absence of restrictions and working according to your own schedules and work objectives. Another is the value that you get in being self-employed as against working in a regulated corporate culture. Still, one more compelling reason is the prospect of earning more than fixed salaries that you get as an employee of a private firm.

Some liberal-minded people also believe that self-employed workers are more secured in the sense that you are not threatened with termination or other labor issues. Your earnings are not fixed but if you are practical and hardworking, the prospects of taking home more money is greater. In short, you control your timetable, revenues and destiny. You work not to impress your bosses and acquire a raise or an incentive but to generate results meant for you alone. Self employment opportunities are rewarding and full of fun but there are also risks that you should be careful of to avoid disastrous outcomes. You need to stay away from the following consequences:

  • Failure to abide by a daily schedule is a big risk. This is one of the biggest dangers in self employment. Your goal is not to get away from the monotonous working hours in any corporate organization. The same objective still remains and that is to ensure that your business stays profitable. You have to adapt well-defined working hours, satisfy clients, meet deadlines and achieve your daily objectives.
  • If you work from home, it is important to make a distinction between personal and professional targets. Separate household chores from professional responsibilities. You need to follow self-imposed policies strictly during working hours. Talk to your family and relatives about this setup. Remember that you have an obligation to fulfill for your clients.
  • Do not take on too many clients that you are not capable of managing. Do not allow yourself to be overloaded with work and compromise the quality of your output. There is a big risk of getting burned out so never take these things lightly. Failure to be choosy in working relationships can lead to your downfall. Most clients are not flexible with deadlines so it will not hurt if you tell them that you are still handling other tasks and will not be available until a certain date. Never say no but explain your availability for a certain project.
  • Do not isolate yourself. Working from the home can take a toll on your psychological and social life. It can be very draining mentally if you do not have any personal interaction with associates and friends. Find some time to meet with people or be in the company of acquaintances. Get involved in organizations that will enhance your social life.
  • Finally, do not expect a lot in so short a time. Be down-to-earth and accept the fact that everything will progress gradually. This can determine your success in self employment opportunities.

Despite various criticisms and contradictory opinions about this approach, a lot of people still prefer self employment opportunities over fulltime employment because of their rewarding benefits. Learn more about- online business opportunities

Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:

Self Employment Opportunities Online Business Opportunities Low Cost Business Opportunities

In India, employment opportunities are set to grow by a good margin in the coming year, a phase which was started in the turn of the second decade of the 21st century. organisation, candidates with

By: Sarkariexam l Business > Careers Employment l April 01, 2013 lViews: 11708

Sometimes it is amazing to see that certain jobs can precipitate huge turnouts in the recruitment drives. It is as if thousands of people were waiting for the vacancy advertisements and the moment

By: Sarkariexam l Business > Careers Employment l December 30, 2012 lViews: 690

In recent times, jobs in healthcare segments have grown tremendously. It is anticipated that this growth curve will continue for the times to come. Various factors are responsible for this

By: Sarkariexam l Business > Career Advice l December 27, 2012 lViews: 446

Are you in a dilemma whether to choose web based CRM or not? If yes, don’t worry. You aren’t the sole person having this doubt.There are numerous firms trying to make out whether investing in a

By: Reneta Vasileva l Business > Customer Service l December 23, 2012 lViews: 409

If you think about it you will realize the fact that each business has its own set of risks that are involved in it.The trade secrets that you have and the information related to the business is what

By: brumbrum1 l Business > Risk Management l December 23, 2012 lViews: 263

As the time is changing, concierge management services are now growing despite the slowing economies of the world. The main reason of it is the need that is highly specific to the people who like to

By: willsmith10 l Business > Management l December 23, 2012 lViews: 333

Then, the form needs to be properly filled up, attach the required documents, and get fingerprinted. Then, deposit them to the VCGLR’s office along with the required application fee. The

By: Simon Lival Business > Strategic Planningl December 11, 2012 lViews: 196

Your business needs to do several key things in order to compete properly with other, similar companies. Your company should have a niche, something which no other company can offer.

By: Tez Artl Business > Strategic Planningl June 29, 2012 lViews: 217

Every business is going to need corporate training programs to ensure that their employees are up to date with the latest features and resources of your growing business. However, you would need to

By: Abhishek Kumar Khandelwall Business > Strategic Planningl June 29, 2012 lViews: 170

Virtual events offer a highly interactive environment for event organizers, customers, sponsors, and vendors to chat and discuss about their business goals and long term objectives. These events also

By: Jonathan Reynoldl Business > Strategic Planningl June 27, 2012 lViews: 205

Tipping Points happen in nature all the time, it happens with bacteria, population growth, weather, sand dunes, straw on a camel's back, the flu, and yes, also in business with brands, innovations,

By: Lance Winslowl Business > Strategic Planningl June 24, 2012 lViews: 203

Without project management, projects would not be completed in a timely fashion or not be completed at all. This article has an overview of the project management process and describes how to look at

By: Vanessa Colleyl Business > Strategic Planningl June 23, 2012 lViews: 166

People resort to self employment opportunities because of economic hardships. If you have just decided to work as a self-employed individual, then you can start looking at prospects that can offer

By: Tim Baberel Business > International Businessl July 10, 2012 lViews: 211

Many people are now making money online because of overflowing online business opportunities. If you reach out to your relatives, friends and former colleagues in the corporate world, you may be

By: Tim Baberel Business > Business Travell July 09, 2012 lViews: 198

Discuss this Article

comments powered by Disqus