3 benefits of being self-employed

More and more people are making the transition from working for organisations to being self-employed, but could this be the right path for you? Here, we look at three of the benefits associated with working for yourself.

  1. You can progress at your own pace  

One of the chief advantages associated with being your own boss is the fact that it gives you greater freedom in terms of how quickly you progress. You don’t have to wait for managers to award you a promotion in order to meet your milestones. If you’re prepared to put in the hard work and you have a positive attitude, you could move forward surprisingly quickly.

A case in point concerns the self-employed brand ambassadors in the Appco Group network. These people, who are contracted to independent marketing companies within the Appco network, can focus on being the best possible fundraising or sales specialists they can be. If they want to increase their responsibilities, they have the option to expand their roles to help mentor and train other brand ambassadors. Ultimately, they can even work towards running their own marketing company if this is something that appeals to them. The example of Appco UK highlights the fact that self-employment can give people more control over the direction of their careers.

  1. You may find it easier to achieve a work-life balance that fits

Self-employment can also give you greater control over your work-life balance, meaning you may find it easier to fit your tasks around your other responsibilities and interests. Of course, exactly how flexible you can be will depend on the type of work you do, but on the whole being your own boss gives you more autonomy in terms of how you manage your schedule. Whether you want to fit work around your family, you’re keen to study or you simply want more time to devote to your hobbies, self-employment may be a good option.

  1. You can determine your earnings

Working for yourself can also give you more freedom to determine your earnings. You’re not restricted to a maximum hourly rate or salary, and you don’t have to wait for managers to award you a rise. Instead, you can control your earnings on an ongoing basis. This means that if you’re prepared to work hard, the rewards can be considerable. Also, many self-employed people take satisfaction from the clear connection they feel between how much effort they put in and the rewards they see in their pay packets.