Some people with stable jobs do not consider leaving it even if they know their work is being undervalued because they fear losing their secured position.
You might get a promotion or two further down the line, but it is still quite unlikely that our efforts will match their income.
Here are a few reasons why you can earn more by being self-employed rather than working under someone else:
1. The Statistics Don’t Lie:
If you are working for a salary too, you should know that on average, freelancers earn 55% more than traditional employees.
And that is just the average. If you are willing to put in the effort to provide quality products or services to generate a positive response, you are more than capable of being one of the big-earning business owners.
2. You Choose the Value of Your Products or Services:
When working at a company, the value they associate with your work depends on them. Also, as your experience increases and you get better at your job, your pay will not necessarily rise with it.
However, if you yourself are deciding the value of your work, you can easily increase it as you polish your skills.
So when you become an expert at something you are trained to do later down the road, no one would complain about what you charge because they would know that it’s worth it.
3. Offer Services in More Than One Field:
At a salary-based job, you usually need a certain skill set in order to qualify, and even if it is to get a promotion, you don’t need to stray too far from that field.
This can negatively impact your growth as it constricts your reach and prevents you from seeing things from new perspectives or going beyond the horizon.
If you keep at it with a salary job, you probably won’t be able to escape this container until you retire.
On the other hand, if you are self-employed, you get to choose the level of diversity in your fields of expertise. As a self-employed worker, it is always good to explore new things as they can turn into productive opportunities.
There is no need to constrain yourself; once you have significant understanding and expertise in one subject, pick another one while retaining the first.
This expansion in knowledge will result in the expansion of your business, meaning more money.
People are always in need of new services, and if the provider is someone whose brand already has a reputation and significant influence, they would be won over more easily.
So instead of staying in the daily grind of a salary job, try building something meaningful and powerful that represents you and your work for what it is truly worth.
Get over your initial fear and start today!
