Self Employed

December 12, 2012 1:46am CST
Self employed is supporting yourself in a manner of having a business with money earning on it. By being self employed you earn money by yourself. You are not in employed in job and work as a worker but you are the boss in your business. You manipulate and manage your own business to succeed in your passion in life. Self employed is you take all risks on it. You have many sacrifices and efforts to exert because you are only the person who'll be willing to contribute on your work or business. Unless you have assigned a worker to do the job for your work and let them earn money by doing the work you should be doing.
3 responses
@williamjisir (22819)
• China
13 Dec 12
Self-employed is encouraged and supported by our government. To be self-employed, it is very important for one to be engaged with special skills or talent in some field. What's more, one is supposed to be financially supportable or get some loan from the bank to start one's business. Thanks for the interesting discussion. Have a good day, oslynopilas.
13 Dec 12
Thank you sir :)
• St. Peters, Missouri
12 Dec 12
I'm self-employed now. I used to teach for a school district, but I left the district to start my own teaching-tutoring business. It is a lot of work. I teach-tutor 7 days a week. Even when not tutoring, there is a lot of paperwork and other things that need to be done. I have to make a lot of sacrifices because the business is still new. But things are coming along very well. I currently have just one opening in my week left. So when I do hire more tutors, it won't be so they do the work I should be doing. It will be because I have more students than I can handle and having someone else - either an employee or independent contractor - will increase my earings. Sort of like referrals do on myLot. They won't earn 100% of what they are paid. The student will go through me, pay me, and I will in turn get someone to tutor and then I will pay them. So technically, I could stop tutoring myself and make money off of others. However just like referrals, the beauty is you can continue to work and earn AND get additional money from the work of others. The downside to owning your own business is that since you are the boss, you have to be very self-disciplined to get the work done. There's nobody breathing down your back to help get you motivated.
@subhojit10 (7375)
• India
12 Dec 12
Thanks a ton for sharing this discussion. Yes u are absolutely correct, self employed is a measure of being self independent and working independently without any external pressure. I believe every individual wishes to become self independent so that they can utilize their potential and bring out the best from within. There are many ways these days to become self employed like working online from home or having a new business, etc. What say?