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7 Advantages Of Being Self-employed - Career - Nairaland

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7 Advantages Of Being Self-employed by magazineguy(m): 12:16pm On Mar 14, 2017
It can be a really tough dilemma, having to choose between seeking employment and starting something of your own. Thoughts of the rigor of starting a business and having to shoulder the tireless work of building the business often scares people from making it a choice. It is easier and more convenient to submit resumes and appear at interviews. But this option too has its deterrents.

The alarming rate of unemployment in the country makes every job opening a fierce competition between applicants. Applicants that sometimes turn out to be overqualified for the job, but the seething frustration of having failed numerous times to secure a job from previous job seeking ventures makes them settle for the available job. At that point they would have thought half bread is better than none.

It is often discovered while on such faute de mieux job that there is a missing element. Some employees in that situation complain of lack of passion for the job, some grow to feel underpaid, while some others tend to struggle with the demands of the job. Employees don’t usually find any of these situations comfortable. It leads them to look for a way out and the way out in many cases, brings them back to initial dilemma, getting another job or starting up a business.

Finding oneself in a reoccurring space of job related complications can really be frustrating, asides from the pity figure one appears to be to friends and acquaintances; it drains happiness out of such individual. This is perhaps the reason starting a business is a better option, if that dream job is not available. Although entrepreneurship is usually tough at the nascent stage of the business, it pays off eventually. Research has shown that 36% of people that start businesses earn more than they would be have earned as an employee. Some other benefits of being self-employed are:

You are the boss

One of the reasons people make the entrepreneurship move is to get freedom from a difficult work condition. Starting up a job of your own spares you of the complications of working with a difficult boss. When you’re self-employed, you no longer have a “higher-up” governing your every move. You control how your work is done, which is a contributing factor to general job satisfaction.

You choose your clients or customers

As an employee, you are bound to attend to anybody that shows up for business at your employer’s place, whether or not you like the person or the nature of the deal. But being an employer affords you the opportunity to choose your clients and determine the type of business relationship shared with other companies. You choose who you provide services to.

You are more valued

As a freelancer, you’re allowed a wider space to work i.e. you can get a job done with more freedom than working as a staff-in employee. This also contributes to overall job satisfaction.

Another satisfying benefit of being a freelancer is that you get credit for your own work. Also as you make reach-out efforts, you’ve even started to earn some name recognition, not just among your long-time clients, but from complete strangers as well.

You set your own schedule

Whether you have preference for a fixed schedule, or you prefer to mix it up with flexible long hours; as your own boss, you get to choose the option of work scheduling you deem suitable for work.

You choose the work condition

Being the owner of the job affords you the option to choose the work condition, i.e. determining the condition of work area, the staff character, the availability of equipment and instruments. Also it could also be found beneficial to determine how early the needed instruments are made available.

It allows you diversify

Being self-employed gives you the allowance to attempt new business adoptions. For instance, diversification in business which is related to business growth, is much easier exercised at the intended time, when you own the business and not that the power of decision making is shared or not in possession.

Also being self-employed does less to restrict the extent of your business diversification. You, as an employer, are allowed a relatively free-hand in business decision making.

You earn more money

According to the statistics on bidsketch, on the average freelancers earn 45% more than those who are traditionally employed.

Also, as an employer you can make certain deductions from business expenses that employees cannot, thereby keeping more of what is earned.

source: http://tushmagazine.com.ng/7-advantages-self-employed/

seun, lalasticala, mynd44

9 Likes 2 Shares

Re: 7 Advantages Of Being Self-employed by djlaqua91(m): 12:34pm On Mar 14, 2017
FTP dia papa cheesy

Nice one, just here in case this zanga makes FP

Self employment is cool, but not as rosy as it seems. Not everyone is cut off for business. Although a large set of Nigerian Youths seriously need to imbibe an entrepreneurial spirit

5 Likes 1 Share

Re: 7 Advantages Of Being Self-employed by Ermacc: 7:16am On Mar 15, 2017
idbami2:
8. You don't have to pay tax.. (In Nigeria, though)
electricity bill, sanitation bill, vigilante bill, etc, those are called what?

4 Likes

Re: 7 Advantages Of Being Self-employed by kolajoo(m): 7:16am On Mar 15, 2017
I remind myself every year on this special day how blessed I am to have been given another year to experience the wonders of this beautiful world! God is good! My birthday is a day I cherish and love. After living another year, I’m thankful to God that he has blessed me so much- and that I’m a real blessing to others. Happy birthday to me.

Yay for me! I finally have an excuse to wear as much glitter as I want. It’s my birthday show some love with like grin

45 Likes

Re: 7 Advantages Of Being Self-employed by Tbillz(m): 7:16am On Mar 15, 2017
U bare the risk all alone!!!

2 Likes

Re: 7 Advantages Of Being Self-employed by mrsage(m): 7:17am On Mar 15, 2017
I'm a witness and I agree.

1 Like

Re: 7 Advantages Of Being Self-employed by Alleviating: 7:17am On Mar 15, 2017
kolajoo:
I remind myself every year on this special day how blessed I am to have been given another year to experience the wonders of this beautiful world! God is good! My birthday is a day I cherish and love. After living another year, I’m thankful to God that he has blessed me so much- and that I’m a real blessing to others. Happy birthday to me.

Yay for me! I finally have an excuse to wear as much glitter as I want. It’s my birthday show some love with like grin


Happy birthday... But this is not a birthday section.
You just succeeded in embarrassing yourself undecided

5 Likes

Re: 7 Advantages Of Being Self-employed by rozayx5(m): 7:17am On Mar 15, 2017
it brings out the best in your thinking



cool

4 Likes

Re: 7 Advantages Of Being Self-employed by idbami2(m): 7:17am On Mar 15, 2017
8. You don't have to pay tax.. (In Nigeria, though)
Re: 7 Advantages Of Being Self-employed by kateskitty(f): 7:17am On Mar 15, 2017
Not everybody can be self-employed

Meanwhile

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Re: 7 Advantages Of Being Self-employed by helphelp: 7:18am On Mar 15, 2017
Ko easy beyen na oooo

E ma lo gawk eee

1 Like

Re: 7 Advantages Of Being Self-employed by tdayof(m): 7:18am On Mar 15, 2017
You won't always pick your schedule.

1 Like

Re: 7 Advantages Of Being Self-employed by Ontarget: 7:19am On Mar 15, 2017
People creating threads like it's that easy
Re: 7 Advantages Of Being Self-employed by money121(m): 7:19am On Mar 15, 2017
Confirmed grin
Re: 7 Advantages Of Being Self-employed by itiswellandwell: 7:19am On Mar 15, 2017
Nice points

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Re: 7 Advantages Of Being Self-employed by ipreach: 7:20am On Mar 15, 2017
i see
Re: 7 Advantages Of Being Self-employed by SexyNairalander: 7:20am On Mar 15, 2017
booked
Re: 7 Advantages Of Being Self-employed by stevenson007: 7:21am On Mar 15, 2017
jeromekunene19:
Thanks to God almighty for a successfull win yesterday, todays fixed match 100% will be out with odd 80. View picture to Subscribe or my facebook link https://web.facebook.com/lucky.jerome.921

Hmmm
Re: 7 Advantages Of Being Self-employed by nmreports: 7:21am On Mar 15, 2017
Lovely.

Here are also a list of simple businesses you can do generally for anyone:
http://www.hrtechnique.com/2016/06/list-of-simple-businesses-you-can-do-if.html
Re: 7 Advantages Of Being Self-employed by Elnida: 7:23am On Mar 15, 2017
you are the boss...this part is very vital. I hate when all this employers keep shouting,yelling and insulting their staff at the slightest of provocation. And they keep making noise about how they are paying you and all that crap, especially when a friend of theirs is present.. how is the salary self,U go dey wonder..mtcheeww. this is my target but no capital yet.. undecided
Re: 7 Advantages Of Being Self-employed by Donwizbro(m): 7:24am On Mar 15, 2017
Op nice one. Abeg, if you read am, don't be selfish summarize it for us.

Re: 7 Advantages Of Being Self-employed by efilefun(m): 7:26am On Mar 15, 2017
Tbillz:
U bare the risk all alone!!!
Being employed got its risk also cuz no matter your skills and knowledge, oga mood can get you out of ur job within seconds

1 Like

Re: 7 Advantages Of Being Self-employed by efilefun(m): 7:27am On Mar 15, 2017
jeromekunene19:
Thanks to God almighty for a successfull win yesterday, todays fixed match 100% will be out with odd 80. View picture to Subscribe or my facebook link https://web.facebook.com/lucky.jerome.921
see the scammer hand like rubber wey catch fire
Re: 7 Advantages Of Being Self-employed by duullie88(m): 7:31am On Mar 15, 2017
Business is all about buy and sell... I bliv if u can sell what is needed and at d same time very prudent with how u spend.. u can make it in business + remember to create and grow other streams of income (business) .. Business is d key to financial freedom even all d white collar employees/companies depend on business men/women, so think outside d box . Dia would be no dangote, Donald trump, bill Gates, otedola, rocafella etc if dey took paid employment (reason am well)
Re: 7 Advantages Of Being Self-employed by Dyt(f): 7:38am On Mar 15, 2017
You wake up anytime
angry angry angry


I am dozing off here
cry cry
Re: 7 Advantages Of Being Self-employed by iykepromotions: 7:47am On Mar 15, 2017
self employment is one avenue that today youths suppossed to focus more on instead of carrying certificate up and down looking for job. for those not yet making money and eager to LEARN and earn, check out this FREE awareness thread on how I personally make money from home just behind my kitchen; you can do more research on your own even outside the thread before investing a dime.

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Re: 7 Advantages Of Being Self-employed by stan567(m): 7:50am On Mar 15, 2017
Nice one OP...am proud to be an *ENTREPRENEUR*

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