Making the Leap to Self-Employment

Benefits to Freelance and Working from Home

Today I begin a new chapter working from my home office on a consultant/freelance basis.  There were many things I needed to think about before I made the leap.

Holistic issues:

  1. Work/life balance
  2. Workspace: home or remote office
  3. Capability to grow and insure work flow
  4. Ability to organize a business, not just current tasks
  5. Which is a better career trajectory:  Self-employment or working for an organization

Practical issues

  1. Available projects
  2. Health insurance coverage
  3. Initial guarantee of income
  4. Set up LLC or not?
  5. Personal time management
  6. Ability to focus outside of office environment

I also realized that no one can answer these questions for you, you need to figure out your priorities and your tolerance for uncertainty.