Episode 137
Working for Yourself vs Working for a Company: My Personal Experience and Recommendations (Ep 137)
I get asked a lot by my clients what it's like to work for myself. We also discuss this option when working on the client's future goals and career plans. So, in this episode, I wanted to share with you my experience working for myself since 2019, compared with my previous experience being an employee from 2002 until the end of 2018.
Before 2002, I also had my own business from 1993 until 2000 and took a year to study in 2001. You can learn more about my career story by watching or listening to episode number 62 of the Job Hunting Podcast. I have also recorded an episode on how to transition from a corporate job to being a business owner. But this episode is different: it's a comparison of the two different work types and lifestyles. Also important to note as you listen to this episode is that I am in Australia. So wherever you are in the world, you may need to translate some of these concepts to your local terminology, especially if it has to do with tax benefits.
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Timestamps to guide your listening:
Reasons to love working for myself:
- 21:50 - I'm my own boss
- 24:13 - You can earn more money
- 28:22 - Flexibility and balance
- 30:33 - I am happier
- 32:08 - I spend less
- 33:33 - I am entrepreneurial
- 34:04 - It can be more financially secure than having a job
- 38:21 - Potential tax savings
Advantages of working for a company:
- 39:52 - Regular paychecks
- 40:31 - You can focus on what you do best
- 41:15 - Teamwork
- 42:52 - Pay package and benefits
- 44:13 - Regular working hours.
- 45:15 - Opportunities only available in your sector
Links mentioned in this episode:
- Subscribe to my newsletter
- Episode 62 - From immigrant to CEO
- Episode 79 - Ten Tips on How to Make the Transition From Corporate Job to Business Owner
- Join my Facebook Group - it’s free!
- Follow me on Instagram and LinkedIn
- Register for an Australian business number (ABN)
- Episode 78 - Portfolio career: What is it, and is it for you? - featuring Jacinta Whelan
About the host, Renata Bernarde
Hello, I'm Renata Bernarde, the Host of The Job Hunting Podcast. I'm also an executive coach, job-hunting expert, and career strategist. I teach corporate, non-profit, and public professionals the steps and frameworks to help them find great jobs, change, and advance their careers with confidence and less stress.
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