Why is it better to work for yourself

Many students are confident that after graduation, it's time to get a job. But there is another way - to open your own business, that is, to work for yourself. This is much more profitable, and there are many reasons that favor this particular solution.

If you are the owner, then no one but you will have to decide what to do with profit. When you work for someone, a large part of the income goes to salaries for your management and the owners of the enterprise.

Those who are employed receive money only for fulfilling their duties within 8 hours a day. But when you work for yourself, you pay all your time, that is, 24 hours a day! You can start business processes that bring long-term profit, make money on ideas or how your product or service will diverge in the future. For example, it is investing, income from a site or something else like that.

You set the size of your salary yourself. You look at the effectiveness of your enterprise, evaluate it and independently set your own salary. You no longer need to convince management that your innovations in management gave such a good result for the company that you could raise your salary. Now only you decide how much to receive, and also when. No more waiting for salaries or advance payments.

You determine the course that the company will follow. It often happens that a person at work is dissatisfied with his leadership, as he believes that he is not allowed to show his abilities and capabilities to the full, hamper his development without accepting his ideas. If you work for yourself, then no one can stop you from realizing your own plan.

You will gain practical knowledge of financial independence. Life experience can be of various kinds. For example, at work you gain knowledge on how best to do things in your specialty. But if you have your own business, then the acquired knowledge will be different: how to organize business in order to be financially independent. You may not always succeed in everything, but over time you will find your strategy for maintaining the business in order to earn and relax as much as you need.

Many people find that hiring is far safer financially than their job. In fact, the employer can always fire you. The company may go broke. The economic crisis can leave you unemployed. But when you work for yourself, it is you who is in charge of the business. Of course, here you also can’t insure yourself against everything, but since you are at the helm, you can rely on yourself to a greater extent.

It is you who determine the contingent of employees. Anyone who works for hire does not have the right to decide which of his colleagues can work with him and which cannot. In addition, there must be a dress code, corporate culture, and other restrictions that may bother you. If you work for yourself, then you have independence; you yourself establish the rules that will be adopted in your company.

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