Benefits of Being Your Own Boss

Becoming your own boss and living the self-employed life has many benefits, like independence and freedom. Starting your own business is a dream that many people share! Although being your own boss can be challenging, the freedom and benefits of self-employment can be truly life-changing.

Considering starting your own business? Here are 6 reasons why becoming your own boss could be the perfect career choice for you…

 1. Independence & Creative Freedom

Working for yourself means that you can set your own direction without having to follow strict guidelines set out by a company. This means you can explore new ideas and creative approaches without fear of rejection from management and other team members. Your business will therefore become something that is uniquely yours, reflecting your values and vision. Let's be honest here — this is the part of being your own boss that you're really excited about. 

2. Work-Life Balance

Being your own boss means you can set your own schedule, enabling you to plan your workday around your own existing commitments instead of being chained to the usual 9-5. This flexible schedule allows you to spend more time doing the things you love with the people you love without needing permission first! 

3. Pursue Your Passions

One benefit of being your own boss is that you can select clients and projects that align with your specific interests and expertise. For example, if you prefer doing domestic trade jobs in your local area in comparison to large construction projects further afield, you can choose to do domestic jobs every day and only carry out work that you enjoy doing and feel confident in.

4. Potential Higher Earnings

If you are employed by someone else and receiving a fixed income, then no matter how hard you work, it will always be a struggle to raise your salary. Asking for a raise can be frightening and embarrassing. One of the greatest benefits of being your own boss is that there is no salary cap and you are in control of what you earn. Your earnings will depend entirely on how hard you work and the opportunities you are able to find. This is particularly true if you choose a trade career, as electricians and plumbers get to choose how much they charge each customer.

5. Personal Growth

Being your own boss requires you to take on a wide variety of roles—including manager, accountant, marketer, customer service assistant and more. Having such a diverse set of responsibilities pushes you to learn new skills and overcome obstacles independently. This can lead to a huge increase in confidence, skill development and overall personal growth.

6. Greater Job Satisfaction

There is a different level of satisfaction that comes from being your own boss. Every choice you make will directly impact your business’s success. Working a job where you feel easily replaceable and the work you do goes unnoticed is incredibly frustrating. Don't waste your time on a career that is making you miserable. Manage your own company, and watch your actions make a difference. It's super rewarding!

Tradespeople are a vital and respected part of society whose services will be needed for as long as the population continues to grow. This means that there is always a place for new tradespeople in society and there is little chance of you feeling undervalued or unneeded if you start your own trade business!

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Reasons to Be Your Own Boss

As you can see, there are plenty of reasons to be your own boss, including salary and job satisfaction. So, if you’ve had enough of working for other people, join the hundreds of other Access Training students who have used the skills and qualifications learnt in our training centres to start their own businesses.

Enquire today about a course at Access Training and with the help of our course advisors, you’re bound to find the right trade course for you!

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Check out our blog What to Consider When Becoming a Self-Employed Tradesperson for more information to help you get started!