Finance Globe

U.S. financial and economic topics from several finance writers.
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Speak with a Self Employed Professional before Taking this Track

Before taking the track of self employment, there are many details to review and questions to answer. While you may believe this is the best choice for you, until you take a deeper look at your entire situation you will never know for sure if this is what you should be doing.

How will you make an informed and confident decision? If you want to cut out a lot of the guess work, one of the best things you can do is discuss your situation with somebody who is currently self employed. Even if this person does not work in the same industry, they can provide you with plenty of information on what to expect, as well as the pros and cons.

As you discuss your situation with this person, here are five questions you should definitely ask:
  • What do you enjoy most about working as a self employed professional?
  • In your mind, what are the drawbacks of working for yourself?
  • How difficult was it to transition into the role of a self employed professional?
  • Did you run into any financial difficulties as you began your new career?
  • Are there any steps I could take from day one to make this easier on me?
When you ask these types of questions, it will only be a matter of time before you are in the middle of a meaningful conversation with an experienced and knowledgeable professional. Along with these, other questions will likely come to mind along the way.

You are not required to converse with a self employed professional before taking this track yourself, but it could definitely work in your favor. Not only can this person provide you advice upfront, but he or she can do the same as you get up and running with your new opportunity. After all, you are sure to have questions as you move forward.
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Thursday, 30 March 2023

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