Tag: Self-employed

Guest Post: 7 Reasons To Set Up Your Own Business

Stuck in a mind-numbing career, recently redundant or ready to work after study or childbirth? You might be leery of the job market but worried that setting up a business is beyond you. Perhaps you don’t think you’ll be able to raise enough capital. But did you know that most things you need to run a business are now available in monthly installments on the internet? Accountants, project management, web hosting, even entire call centres (thanks to web hosted telephony and dialler systems that can be run remotely) – so you might not need as much cash up front as you think. And there’s always Kickstarter…

Anyway, if you’re stuck on the fence, see if our reasons can’t give you a little shove…

1. It’s better than being unemployed. Many people are facing – or have already endured – redundancy over the past few years of economic uncertainty. And they weren’t the first ones. Going to the Jobcentre, relying on state (or, indeed, anyone else’s) handouts for your income (which equals safety, food and well-being, when it boils down to it) is depressing. Money for nothing sounds all very well but you don’t get much of it, and not actually earning it is not great for self-esteem.

2. It gives you a more personal sense of security. This may seem counterintuitive, since you’ll be fending for yourself. But you’ll be relying on you. Not the whims of shareholders or the narrow confines of an employer’s market. If work dries up in one area, you can go and find a new motherlode somewhere else. You will have to save up an emergency fund that can tide you over if times get tough, but otherwise you’ll be free to develop yourself and your business in whatever direction feels most rewarding – financially and personally.

3. You get to make the decisions – creatively & financially. Sure, you might make the WRONG decisions sometimes, but that is pretty much a core mechanic to actually learning anything, ever. Wrong decisions teach you how to rebound, adapt, and try again. But imagine working for someone else who frequently makes bad decisions and you have barely any control over that – over the decisions themselves, or how they’re dealt with afterwards. That’s pretty frustrating. Running your own business puts you in control.

4. You learn a lot. There’ll be all that research you do to make sure you know what you’re doing, and the people you speak to will all have something to teach you, if you’re observant. And those decisions – the ones that don’t work out and the ones that give you satisfying glow – will all stack up in your “experience and insights” hopper for retrieval next time you’re weighing something up.

5. Bragging rights – or more importantly, self-confidence. When you take all those lessons you’ve learnt, make some good decisions and things go well, you’ll receive several valuable assets: a strong indicator of what you should do more of, in order to keep succeeding; a blend of security and gratitude for proving to yourself that you’ve got your own back; and far better Facebook updates than “look what I had for lunch again”.

6. You may get to create jobs for people. If you can expand enough to become an employer, you can provide work and income for someone else. This feels really, really good.

7. It’s liberating. Becoming self-employed makes the world look like one big opportunity – to meet people, have new ideas and explore emerging trends. Reading newspapers, looking out of train windows – they all become opportunities for Having Creative Thoughts, which is a nice sensation and may lead to the next stage of your career.

Good luck!

December 21, 2012
Guest Post: 7 Reasons You Should Tell Your Boss To “Stuff It” And Set Up An Office At Home

Guess what? It’s Saturday. And as is commonplace for such a day, it’s time for Marc and I to hand over the reins again. This week we leave the sofa in the capable hands of French resident Lloyd Burrell. (It’s okay, he’s actually British). In what is a first experience for the 7 Reasons sofa, Lloyd has put it straight behind his desk. You can find out why here. We welcome that. And we welcome Lloyd. Over to him.

If you are like me then working from home has always been one of those big untouchable dreams. But with the advent of the internet, working freelance or going the whole hog and setting up your own business has never been more attainable. Funnily enough my passport to freedom was my office desk. I created an office desk review website where I review home office computer desks and similar office furniture equipment.

If you are thinking of saying “up yours mate” to your boss, but you are having doubts as to whether you should or not, here are 7 reasons you should

1. It beats crack cocaine by long shot. Yes, it will be just the best feeling in the world. You can just let rip, big-time. This is best done in full view of rest of the office so your colleagues can also enjoy the moment, which will actually serve to amplify your pleasure even more. Just think of all those times he’s totally cheesed you off, well now its payback time.

2. To see the look on his face. I could have grouped this in point number one, but I think this one deserves it’s own special mention. You see because you are setting up your own stall, you can go the whole hog. You don’t need a reference from him for another job. You can just drop your load, gloat and enjoy the moment and then its hasta la vista, you never have to set eyes on him again.

3. Slavery is dead. He called it micro-managing. Assigning you tasks to do each day, as if you couldn’t do that yourself based on the assigned priorities, even though he had no idea how long those tasks would take to complete. All that is finito. The ridiculous deadlines, the impossible workload. He’s just going to have to find some other schmuck to prey on.

4. Office politics. Because chucking your job in is actually a double whammy, not only do you get never to see your boss again, this will also be the last time you have to set eyes on your co “worker”. I use the term lightly. You know, the one that has to have her nose in everything you do. The one that only pipes up when people are around so that they can see what a wonderful worker she is. The one that, most of the time, doesn’t know a thing about what she is trying to do but she is very good at looking ‘important’ and making you look like a complete dumb nuts. She will also be history.

5. You won’t have to fake “busy-ness” ever again. You are not the most hard working person that was ever put on God’s earth, so what the hell? Now you can do meaningful things in your work time like surfing the internet, using the telephone for personal calls, going to the toilet for 15 minutes five times in a row, and taking long lunch breaks on a regular basis.

6. Connectedness. Because you are sure that, be it on an intellectual, an emotional or a spiritual level you will connect better with your four legged friend than you would with that ignorant, pathetic, short tempered, foul mouthed, physically repugnant, socially inept, intellectually challenged person/skiver you used to call your boss.

7. Bureacracy. All those procedures and policies that are supposed to make things terribly efficient, make the company more productive and make you more money when in fact it’s just the opposite. It’s all just a sham. You being so passionate and damn good at what you do, all day long you are saying to yourself, “I can’t believe that I work for this (dis)organisation”. Well you don’t have to believe it anymore, because you don’t.

This piece was written from the point of view that your boss is a man, but if it’s a woman – and it’s very possible she could be because there are some real “bossy knickers/bitchy types” out there – these exact same 7 reasons still apply.

September 25, 2010
7 Reasons To Be Self-Employed

1. It’s 00:00 to 23:59, not 9:00 to 17:00. You can choose when you work. If you want to work at 3am on a Sunday morning then that is fine. You answer to no one but yourself. Unless you live with your partner and your computer is in your bedroom. They probably don’t want to hear you bashing one out in the middle of the night. An email I mean.

2. Social Media. To a normal boss in a normal company, the likes of twittering and facebooking are seen as distractions. To the self-employed though, they are vital tools of the trade. All self-employed people have a streak of the entrepreneur about them. They are always on the look out for ideas. Which is why conversation about ‘imaginary friends’ on twitter is classed as research.

3. Sport. A whole lot of sport happens during the day. Cricket, tennis, golf, baseball, The Olympics (all forms), various World Cups and World Championships. That is a heck of a lot of sport you are missing while working for some major conglomerate. Or the Co-Op. Not only do the self-employed watch all this sport, they all use it to their advantage. Watching Stuart Broad knock over Ricky Ponting’s poles doesn’t half motivate you. Okay, it motivates you to keep watching, but when the day’s play is over, then you are pumped to do some work. Or you will be after dinner. And the highlights. Actually, you’ll be ready at the end of the Test. But you will be ready. Just a shame the deadline has passed really.

4. Chores. They can be done at anytime you like. Cleaning the bathroom can be Monday at 10am. Food shopping can be Tuesday at 2pm. Having your haircut can be Wednesday at 11am. And if you are really lucky you’ll get the OAP rate.

5. The IT Department. Everyone in IT is a muppet. It’s official. They think you should know what SMPT means and how to locate the back-gate entrance for Microsoft Outlook. No one knows that stuff. I don’t even think there is a back-gate entrance for Microsoft Outlook. I think he was trying to make himself sound clever. The thing about working for yourself is that if something goes wrong you don’t have to phone someone up to ask them how to fix it. You can press reset and blow all the dust away from the back of the PC. And more times than not it works. Within minutes you are flying through the front door of Microsoft Outlook. In your face Sam in IT.

6. Tea-bags. You don’t have to share them and no one is going to steal them. They are yours. You can also have the brand and flavour you want. None of this value stuff, you can have proper tea from a proper tea plantation. Imported directly to you if you like. I get mine from Sainsburys.

7. Your Fee. It can be what you want it to be. If you want to charge £300 an hour, you can. You won’t get much work unless you are Pete Doherty’s solicitor, but that’s irrelevant. You can go around saying, ‘I charge £300 an hour’. Though when you end up working in the local pub you should probably stop. It makes you sound like a prat.

April 19, 2010