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Self-Employment or Not?
Results of a poll conducted by the New York Enterprise Report were released recently. The poll was conducted in January and February of this year and asked respondents – small business owners – to indicate how many hours they worked. Results showed the majority of small business owners work at least 50 hours a week. Thirty-three percent reported working more than 50 hours and twenty-five percent said they work more than 60 hours a week. Seventy percent of respondents said they work at least one weekend a month.
We see all kinds of clients as part of our business. Most are conventional, corporate workers who make good salaries but consider themselves part of a bigger machine. They are typically seeking advancement in salary, position, or some other change in their job role as a reason to look for a different job. Some are corporate types who dream of being their own boss. Some are “entrepreneurial in spirit” – a term used by some to mean they really just want to be in charge but not have to work their tails off. Some have tried self-employment and didn’t like it and others have tried it and achieved great success. Some are visionary dreamers who have big ideas but need worker bees behind them to implement.
A new breed that has evolved with technology is the telecommuter. I see many, many clients who like being part of a corporate structure but thrive working alone at home. Many of these are sales professionals, technical people, or consultants and have what I would term as a true “entrepreneurial spirit”. What makes an entrepreneur? Here’s my list of qualifications:
Risk-taker Independent but listens to good advice Can work alone or lead a team Goal-focused rather than task-focused Client-centric (knows that he has to go out and kill it and drag it home so he pays attention to the client) Willing to work the long hours but smart enough to know when to hire someone Organized and creates systems to simply tasks Sees value within and doesn’t need outside praise Decisive Enjoys work for work’s sake (work is entertaining)
A 2005 study by the Family and Work Institute found that thirty-three percent of workers feel overworked all the time and fifty-four percent said they have been overwhelmed by their workload in the past month. That was a study of workers in general, not just self-employed. Will changing jobs change that? Will changing careers make a difference? Something to think about.
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