A year of being self employed

Where has time gone? I meant to write this article in December as it marked a year of me being self employed this time around. Anyone that has browsed my past articles will see that I’ve gone back and forth on being happy working for a company. Will this time being self employed be different? Will I be successful and happy?

I believe that in any professional service work, having good clients is the key. For the most part, I’ve always had good clients and worked with good teams. For the last year, I’ve had a great client.

Being self employed may sound glorious to those working for companies, but I always have concerns about being a one man team. I’m sure that others in the same position share the same concerns:

  • I can only accept as much work as I can do personally. While I could subcontract out my work, I’ve never really felt comfortable doing that as I get my contracts based on my own work and not the work of a team.
  • Having one main client means that if the client goes away, I’m left high and dry and have to immediately find another client.
  • Taking time off is somewhat tricky as I don’t have anyone to back me up and I feel guilty about it.
  • Who is going to help me if I get stuck on a problem? I can search the Internet for solutions, but have you looked at the Internet lately? 😀

With the ability to purchase health insurance on the open market now, I’m not concerned with getting health insurance. This used to be a big concern of mine. The cost of health insurance on the open market is quite high but, I’m lucky that I can afford it.

In the last 15 months, my large client has been great. I’m treated as part of the team and the team is made up of really good people. I don’t feel stressed and manage to get the work done when needed. I do feel guilty about taking time off (I’ve taken a few days off), but no one minds which is a huge relief. Being always reachable is both a blessing and a curse; I can’t be completely disconnected from work but my client can feel comfortable knowing that I can be reached. I really can’t ask for anything more from a client.

People think that being self employed offers a lot of freedom. In reality it offers the perception of flexibility. I still have to get up every morning and work as I have commitments to meet and have to meet with my team. This is no different than working for a company. Given that, why don’t I just work for the company? That’s a good question. I feel that I’m in charge of my own destiny. Is that really true? I have no idea.

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