Running my own business, I don’t presume to know it all.
But now that I’ve reached the milestone of two years in business, I have noticed a few misconceptions about working for yourself that just don’t add up.
Here they are:
#1 You need to work harder
There is no doubt that I have needed to work hard but, you know what, most people do regardless of whether you work for yourself or not. Day in and day out, I work with people in permanent roles who continue to take on more and more work, weekend work, and endless intrusions from their mobile phones.
#2 You have less job security
I was warned from day one by other consultants and colleagues about how in small business you wear a lot more risk when the work dries up. I hope our team continues to be seen as useful well into the future but my experience to date is that working in big organisations is riskier.
In a big organisation, restructures occur regularly. If the workplace is too slow to change to a diminishing market, a common strategy is to lighten the load through redundancies. Even if you are clever, handy, motivated, and committed, you can still find the organisation dispassionate and cold when only years before it was welcoming you with open arms.
In small business though, you have agility. You can move with the market and you ultimately have a lot of passion for keeping you employed because, well, you’re you.
#3 It can be isolating and lonely
I fortunately had a great colleague who offered a chance for regular coffee catch-ups because he knew working for yourself can be isolating. But it can also mean reconnecting with dozens of people who you haven’t seen in years.
I’ve been fortunate to have been able to work with and catch-up with former bosses, friends and colleagues. Every trip to the city can mean squeezing in time to see someone you haven’t seen in years.
Not to mention that I’ve been able to invite friends and study companions to work with me. I’ve reconnected with half a dozen peers from my University who I would otherwise struggle to see once a year if ever.
So, working for yourself can actually promote your connectivity with people.
#4 Your work-life balance is thrown off
I am actually writing this blog on a Saturday afternoon. It’s a nice enough day outside and my kids are home. What am I doing?
Well, working for yourself means that each day can be seen as a work day. It can also mean each day can be time with the family. You can work from home or take a few days off without getting approvals.
You can even invite your family to work with you. Every week, my wife comes in to help us run the office. If I was working for another big organisation, she would have found a job in one just like me and we would have seen each other less often.
Things are not thrown off balance. They just end up being different.
Now, excuse me while I eat my cake too and invest some of my Saturday on the nice day outside.
Happy birthday to us!