Working for yourself is the best way to live, being your own boss, you have your freedom, your own say and I life that you control. However, we must look at both sides of the coin. Before you start out on your own you must look at the pros and cons equally. Ask yourself questions, is this lifestyle for me, can I work on my own, can I sustain myself through the lean months, do I have what it takes? It’s up to you to determine whether the plusses outweigh the minuses. Let’s have a look at a few of the pros and cons.
No More Living by the Clock
If you arrange your business right you can wake up naturally without an alarm forcing you to get up when your body isn’t ready. You can also go to bed when you want to as well. It’s freedom not to always live by the clock. It is a well-known fact that working for yourself the hours are so much longer, however, these are hours that are going towards your own success. It is important to be disciplined in getting up and working the hours either getting up early and finishing so you have time for the family or getting up later and working long into the night, you know what works for you.
No More Traffic Jams
One of the best perks is not having to be caught in a traffic jam during rush hour when you have deadlines, must be at work to clock in. You won’t have to do that anymore and it will be a relief, most especially on bad weather days when everyone else must trudge through the snow or the heat wave. It’ll also save money on fuel and wear and tear on your car. What a time saver too!
Fewer Work-Related Interruptions
Office chatter can get overwhelming at times and it can be difficult to get work done. Not to mention office meetings. No more water cooler chatter. Time to tick off your ‘to do’ list faster and more efficiently than you ever realized. This is a good time to do block timing. Block time off in your day for emailing, phoning, filing or whatever needs to be done. Block of 1-2 hours at a time, this keeps you super-efficient and on top of yourself.
You Really Can Work in Your PJs
Oh yes, you can. You can wear PJs, yoga pants; no one cares. You can even get inspired right out of the shower and work naked if you want to. It’s your business and your house. Save money on your work clothes. I do suggest getting out once or twice a week to keep yourself sane. Go meet people, have coffee and make sure you are not turning into a hermit.
A Flexible Schedule
If you have a parent-teacher meeting you don’t have to ask permission to go. If you want to get your hair done, go for it. Whatever you want to do during the day is up to you as long as you find time to also get your work done so you can get paid. Your schedule is your own. The flexibility is especially good the single parents or parents with very small children.
You Can Eat Healthier
Going out to work often causes everyone to eat out for lunch five days a week. That can not only be super expensive, but it is also very unhealthy for everyone to do it. Now you can prepare healthy lunches for yourself or eat leftovers from dinner the night before. Save money, and save your life. The added advantage is that you can exercise without the excuse of not having enough time due to work constraints. I say that is a win-win situation.
Work and Home Life Often Collide
Due to the lack of regimen, and no clear delineation of work versus time off, you’ll find yourself working odd hours to accommodate the needs of your family; thus, feeling as if you never have a day off. This has to be made clear with the family, if you are in your office you are at work, therefore your ‘working hours’.
You’ll Do a Lot of Work for Free
Much of the work you do for your business is not billable, therefore will feel like free work until you start making a profit. It can be hard to push yourself to do things that aren’t producing income right now, but you must push through so that you can keep your business running smoothly. You can delegate the smaller tasks that you really do not want to do or are really time-consuming to someone on Fiverr or People per Hour, there are incredibly talented people on these sites use them to help grow your business and you are helping them grow theirs.
Family Will Ask You to Do Stuff
Not just family, but sometimes friends will start to depend on you being there for them for everything. They’ll ask you to do their chores like watching their sick child so they can go to work. Your spouse and children will stop helping around the house as much since you’re there anyway. Clear working rules must be set. You will also have to learn to say no. Building a business takes time and the family must be clear on your working hours.
You’ll Crave Being out of the House
Sometimes, when you go out, as you’re on your way home you’ll get the distinct feeling you’re going to jail. You will want to do anything but go home, even grocery shop. Get out of the house once or twice a week, meet friends, exercise or shopping. It also helps you think clearly and puts a clear perspective on problems you might be having as you are thinking from a different angle.
Stuff Will Distract You
Without supervision, even the most studious and organized individual can go off the rails due to the internet, television and stuff that is around to distract you from work. It’s up to you and only you to set up a good working schedule to help you avoid this. Again block timing is a good way to stop this from happening.
Working from home offers many benefits and even a few drawbacks. It’s up to you to determine if you have the personality for it. You’ll need to rein in family and friends who want to take advantage of you, as well as yourself, to stay on track for creating the life you desire.