E075: Is Being Self-Employed better than working for an Employer?

Passionately Wrong Podcast

Passionately Wrong Podcast Episode E075

Is Being Self-Employed better than working for an Employer?

Key takeaway: Randy and James discuss the pros and cons of working for an employer versus working for yourself. The landscape has changed, with new opportunities on offer while the traditional jobs have also seen changes.

Topics covered in this video:

• It’s easier than ever to become an online content creator but not easy to earn a living
• Working for companies has become less attractive; companies have poor reputations
• Taxes are a reality whichever path you choose
• Fantastic and unpleasant jobs are a possibility whichever path you choose
• It’s important to look at average experiences, not outliers
• The benefits of careful planning, also to help you figure out what your business is
• Why it’s helpful to work for a company for a time; the military internship program
• Randy’s experiences setting up side businesses when he was in the military
• Recognizing when something is not working and adapting
• Success in one area doesn’t necessarily transfer to new domains
• Flexibility in the work schedule is much more a topic working for traditional companies than it used to be
• The many elements that go into making your business successful, and how to learn the ones you don’t know when you first start out
• Sources of help when you’re considering starting a business

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Randy's Editor Webpage: https://randysurles.com/