Whenever you tell someone that you’re a self-employed solopreneur, one of the first questions they always ask is, “Aren’t you worried about security?”
The answer is yes, of course, you are.
And there will be times when you’ll wish that you had that job security: the regular pay cheque each month, delivering a guaranteed amount, the paid holiday, the sick leave, and the Christmas bonus.
But then your mind will turn to other things such as the boss breathing down your neck or the soul-destroying work that you really can’t see the point of. Maybe it’s the hours over which you have no control or the endless, tedious, inescapable grind.
And then you’ll remember exactly why being a solopreneur is awesome!
Need a reminder? These are my top five reasons for becoming a solopreneur.
Top Reasons to Become a Solopreneur
The best boss in the world.
Yes, that’s right. I’m talking about you. On the whole, most managers are good, decent folk, but they all have their moments.
As a solopreneur, you say what goes. You don’t have to explain yourself to anyone (well, sometimes it’s necessary with clients). You don’t have to make excuses if you’re running late or need to work unconventional hours. You get the pick of every project. And all decisions are made by you.
Sometimes that can be scary, but for the most part, it’s liberating. You know what will work for you and as a solopreneur you can do it.
The best job in the world.
The key thing about making a success of solopreneurialism is to do something that you love. If you’re not interested in what you’re doing there’s really no point to it, you may as well just return to the corporate grind.
In doing a job that you really enjoy, which leaves you fulfilled and happy, work ceases to be work and becomes so much more enjoyable. Of course, there will bad days but nothing’s perfect in the world. But, those bad days will be far less frequent than if you were an employee.
If you want to make a living you need to put in the hours, but when you put in the hours is your call. Unless you’ve agreed to a particular meeting or deadline, for the most part, it doesn’t matter when the job gets done, as long as it is done.
So, if you have a school concert to attend or a friend’s moving house or you simply feel like a long lunch, you’re free to do just that. Many solopreneurs do work conventional business hours, but the flexibility to chop and change is a complete bonus—one that the average paid employee greatly envies.
Now, you might be someone with a hyper-specialised niche skill who sees their solopreneur career as performing one particular task repeatedly for a range of different customers. And that’s fine. If that’s what you’re good at and what you enjoy, then go for it.
For other people, however, the draw of solopreneurship is that they can pick and choose their work. Yes, at the end of the day you need to pay the bills, so you may not have the freedom to be totally picky, but at the same time if you’re presented with a job that you really don’t want to do, you can politely decline and move on to something else.
Each day can bring something completely new if you wish it to. A new client. A new project. A new way of working. Fresh ideas. As a solopreneur, you have access to a virtual spice rack with which to flavour your career.
Your eggs are spread across dozens of baskets.
The Global Economic Downturn is apparently over and Australia fared well when compared to Europe and America, but some businesses still suffered, and many jobs were still lost.
As a solopreneur the likelihood is that you’ll collect a good range of clients. You’ll lose some of them along the way, and gain others, but although losing a client can hit hard, you still have the safety net that the others provide to help make up the shortfall.
While as an employee, if you lose your job, you lose everything and have to start from scratch. As I mentioned at the start; being self-employed is often considered risky and devoid of job security, but in many respects, you can build all the security you need as your business develops.
Being a solopreneur isn’t for everyone, but if you have the drive, determination, imagination, and the right tools and support at your disposal, then you can return to the opening point: being a solopreneur is awesome!
Lisa is a Business Educator. If you are like her other clients YOU want to GROW your business! BUT you are a little stuck on how to get past your current roadblocks. Enjoy the Solopreneur Success site and also check out her coaching website https://www.lisapenson.com