It really is a double edged sword. I will try to explain why...
But firstly I will dispel the myth of "you are your own boss"
You are not, each and every one of your clients is your boss. Because if you do not do what they say, you will not keep them as a client.
In fact, I have promised myself that the next person who says to me "It must be great to not have a boss breathing down your neck." I will punch them in the throat.
Onto the good things
- You decide how the business operates
- No one else makes decisions for you
- You can choose how long you work
- You want a break, you take it
- Need a day off at short notice, no problem
Onto the bad things
- No one else makes decisions for you (yes I mean it to be in both places)
- You are responsible for all of your own invoicing, book-keeping, income tax and VAT (I spend almost as much time on paperwork as I do working)
- If you are a "one man band" then being ill is not an option, unless you really can't get out of bed without falling over.
- There is always in the back of your mind a "fear" of not making enough money to live on, losing existing clients, getting new clients (unless that's just me of course)
I am not trying to put you off,
far from it. This particular venture has been the most exciting work related thing I have ever done and I am proud to be coming up for my third year in business.
But it is not easy and it is certainly not for the faint hearted.
To be honest, I sometimes wonder how in the world I ever had the gumption to start it all up in the first place.

t: