Did you ever know something for sure and then find out it wasn’t so? I remember so clearly cleaning out my office last May at the college where I did my last professor gig. I was thinking of the things I would miss, the beautiful campus, the classroom smells, the students’ energy and that comfortably smug feeling of being commander of my classroom. Sigh. Guess what? I don’t miss any of that! Even when I get lovely emails from former students, I don’t miss the professor gig. At all. Having a job these days is overrated.
If you’re job-free not by your own choosing, I strongly recommend you rethink your plan to get a new job. You might possibly be better off without one.
Here are 5 Reasons to Love Life Where the Wild Things are….Job Free!
1. Job Security.
You don’t have to worry about losing your job. You’ve already done that, whether or not it was your idea.
What’s amazing is the change in the way you think once you forget about job "security." You experience a major shift in energy and your creativity goes wild scheming up ways for you to thrive without a job.
The whole normal job thing is pretty much an aberration in history anyway. For most of the past, the people with job security were mostly slaves or serfs.
2. More control over your money.
Face it, it costs a lot of money to work someplace. I remember being horrified when I started working at a prestigious bank in Caracas many years ago. It was my dream job – in the international corporate banking section. High glamor, low pay. But the thing was, we had to pay for our own parking at the bank!! That just didn’t feel right to me. But I did it again for my last teaching gig.
To show up at work you have to wear nice clothes (possibly dry cleanable), you have to drive (usually) to an office, you normally have to pay for your lunch. And you don’t get paid for your commuting time. And those of you who travel….how many week-ends get cut short because of work-related trips?
And did I mention all the time that gets wasted at work? Don’t even get me started on this!
Before going on to the next reason, here’s a metaphor courtesy of my hero, Seth Godin. He says there are these bird in Africa who feed themselves by eating the food left between the teeth of the hippopatomous. I know that’s kinda gross but incredibly efficient. You don’t need to make millions to live incredibly well.
3. No office politics.
This is really about accessing your own power to support yourself. Quality relationships are important to any enterprise, to life itself, but if you’re self-employed, you don’t worry about pleasing certain muckety-mucks in the company; you focus on happy customers.
You can try different ways to carry out your business without getting anyone’s approval. If it doesn’t work out the way you wanted, chalk it up to experience but nobody’s going to call you to the office for an explanation. There’s no blame game.
And that’s another thing. You can outsource your weaknesses. Hate expense reports? Hire a teenager to do it. The successful self-employed learn to go with their strengths and outsource the rest.
4. Tax benefits!
As you know, taxes only go one direction – up! By being self employed you get to use more of your money the way you want. You get to deduct from your taxable income a lot of expenses that you would incur anyway.
What you invest in yourself is tax deductible. Talk to your accountant about this.
5. You determine how much money you want to make.
OK. I’m not promising you’ll make megabucks this year or next. It takes time to build a profitable enterprise. I started building Mixonian Institute 2 years ago.
Let’s be conservative and say it will take 9 years for your company to produce a reasonable goal of mid-six figure income. Imagine your life in 2020 if you don’t make any career change now. How much control do you have over your financial future right now?
I know self employment is not for everyone, but I think it’s less risky than you think. One thing I know for sure, there has never been a better time to create your own money-generating enterprise.