There is no doubt that the pandemic has shifted us all in so many ways. From our working routines to what we value the most. Through all the uncertainty over the last 18 months, many of us across the globe have started to re-think the career paths we have been on.
We recently came across an article showing that the UK alone has had a major increase in self-employed workers over the last few years, steadily increasing from 1992-2021 with the peak being in May 2020. Records show most of them turned to self-employment after being made redundant or had been unemployed. As people have experienced a lack of control in their earning potential, individuals are wanting to take control of their destiny and income potential instead of leaving it in the hands of an employer.
Many people still have concerns about turning to self-employment mainly due to the lack of a steady paycheck every month. This can create uncertainty for many, however, we have found there to be more pros than there are cons when it comes to choosing a self-employed career.
But what are the benefits?
1. In most roles you get pre-booked appointment slots – Which allows you the freedom to schedule your professional and personal time easily so you don’t miss out on quality time with the family, self-care routines, and social catch-ups, as you don’t have the added job for sourcing and making appointments by yourself.
2. Control overall personal and business targets – Control how you set goals, missions, and targets. This is where you get to utilise your skill sets, you don’t have someone telling you what to do, you make your plans, set your goals, and decide which direction you want to steer your business in.
3. You get to see the rewards, and the financial benefits for all the hard work you did – You may not get overtime as you would as an employee but you will get the profits generated from the work you do. Being self-employed is never without risk, but if you get it right, the rewards far outweigh that risk.
4. Massively increased earning potential – When you work for someone else, you’re locked in at your agreed-upon salary. You may get a small raise each year or some bonuses and if the company you work for expands or sees an increase in profits, you most likely won’t see that increase in your salary. When you are your own boss, your earning potential is much higher.
5. Improved quality of life – Having pre-booked appointments, continuous support, guidance, and an earning potential much higher than a lot of employed jobs, you get to save and strive for financial freedom whilst meeting people daily, building strong and trusted relationships that serve both you, the customer and the client. You have the power to somewhat structure your work environment just how you want it. You get to be creative, unique and stand up for what you believe in.
6. You are rewarded with self-fulfillment, say no to the fear of failure and take that leap towards your dream – When you choose to pursue your journey being an entrepreneur, you put all your passion, love, and motivation into it. You will feel as though you have never worked another day in your life. Sure, it won’t always be easy, but persistence will show you just what pursuing your dreams can give you in return.
7. You have Tax benefits for being self-employed – You get to keep most of the money you earn! So important to be up to date on rules and regulations, you will see the benefits that being self-employed has.
8. You will have a varied life, being self-employed is very much like a roller coaster with ups and downs, each day will be different and rarely dull. Stick with it and you will find that you can experience an increase in income, and often more time with your loved ones.
Being self-employed means you work for yourself, what you get out of it depends on how much you put in. The ultimate success will fall on you and you only.
At Citrus Connect we are certainly seeing candidates opting for or now being open to self-employed, commission-only sales roles. This increased appetite for both businesses and candidates means currently 75% of the roles we are recruiting for are self-employed, commission only, and have more than 400+ of these vacancies which the team are working hard to fill. The pandemic has taught us to think outside the box, get creative, strive to be more financially conscious and work towards our ultimate dreams. If there was ever a lesson to come from this is, it would be to focus on what matters the most.