On the Evolution of Work Systems in the Digital Economy
Tag Archives: self-employment
Many hopeful freelancers start their business adventure so they can take control over their time and finances. As a self-employed freelancer, you get to set your own hours and decide how much you make based on how hard you work. You can decide to pursue projects that interest you the most, and ultimately do your best work. The appeal of starting off on your own is the reason why a third of Americans are currently freelance.
If you’ve ever considered quitting your day job in favor for self-employment, you’ve also probably had a few reservations as well. While the work is more flexible, so is the income. There’s less security when it comes to benefits and salary, which can land you in hot water if you don’t have a solid savings. In addition, finding and pitching your own clients can be incredibly intimidating. The fact of the matter is that starting your own venture, whether as a freelancer or entrepreneur can a difficult process.
However, that doesn’t mean that you can’t do it. With a solid plan for how you’ll make the transition financially, you can make the leap. To get you started on planning for unexpected self-employment expenses, Turbo created this helpful infographic. By making a few easy cuts, you can make your dream of quitting your day job a reality. Check it out below:
Submitted by Jake Rheude, Director of Marketing at Red Stag Fulfillment
Making extra money online and escaping the nine to five grind often becomes possible when you set up a stream of passive income to supplement your regular income. A great way to do this is to sell products on Amazon.
While it can seem daunting at first, it’s best to remember that the people who sell you products on Amazon are largely normal folks. Anyone can sell on Amazon. All they have to do is choose the right product, set up a profile, and find a fulfillment provider.
Getting Set Up on Amazon – First Steps
Where we’ve been, where we are currently, and where we are heading as workers (pertinent to the United States in particular) as summarized in the image below. As indicated by the concluding remark, some things have a way of making a comeback. Emerging conditions necessitate and support people’s ability to act as free agents – this means cultivating a business mindset when it comes to your career. I’ll let this image tell the whole story. Read more of this post
Since the rise of the Industrial Age, the vast majority of the population have chosen to go with regular employment in order to make a living due to existing incentives (e.g., pensions, benefits, etc.). Since this trend has been the norm for quite some time, self-employment has become perceived as “the ugly stepchild” – something people turn to when they “can’t get a job.” It’s true that a good contingent of people are forced into this situation, however there are still many who purposely choose it. Are they crazy?
Often I’ve heard that those who prefer regular employment and those who prefer self-employment don’t understand each other. Indeed, it seems to be the case of different values, motivations, and fears. I believe this gap between those who have an employee mindset and those who have a self-employment mindset is encapsulated well by one of my favorite Aesop’s fables, “The Dog and the Wolf.” For those who are unfamiliar with this story, here it is in the video below: Read more of this post
Many of you are already familiar with the living-for-the-weekend mindset and with how fleeting weekends seem to be. As soon as another weekend creeps up, it’ll soon be over and you’ll be dreading Monday all over again. For those who experience an intense level of anxiety and stress on Sunday nights, the following tips and coping strategies may be worth trying:
- 11 Ways to Beat the Monday Blues (Forbes.com)
- How to Beat the Monday Morning Blues (Wikihow.com)
- 8 Ways to Deal with the Monday Blues (Careerealism.com)
To those suggestions, I’d add: Try to keep the situation in perspective. Indeed, there are worse life situations to be in, and there are plenty of people out there who have it much worse. However, the question of whether you should focus on accepting the situation or trying to break free and create a work-life that you have more control over is a personal one. Some questions you can ask yourself to clarify if making a break for freedom is for you: Read more of this post
By now many of you have heard the news about Yahoo’s CEO, Marissa Mayer, requiring all remote workers, regardless of where they live, to become onsite office workers or else quit. Even those who telecommute one or two days a week will no longer be able to do so. If you haven’t heard about this, here’s the story in a nutshell: Read more of this post
Nowadays you don’t have to search very hard to find well-respected thinkers forecasting the decline of traditional employment and a corresponding rise in self-employment. Daniel Pink, author of Free Agent Nation: The Future of Working For Yourself, had been tracking the decreasing average “half-life” of organizations well before this book was published in 2001. During his time as former speechwriter for Al Gore, he was one of the first to see the information that the Bureau of Labor Statistics churned out on a weekly basis. The relationship between organizations and employees is changing thanks to technological advancement and, in particular, the Internet. Pink foresees a future in which a great proportion of the population will be working as contractors, getting together and working on one project, dispersing when the project ends, then getting together with a different group to work on another project in the fashion of film crews. Here is Daniel Pink discussing this scenario in the following video: Read more of this post