Why becoming self-employed was the best thing I ever did

If I could tell my younger self anything, it would be to become self-employed sooner. While I am a person that doesn’t believe in regrets, I can’t help but imagine what life would have been like now, if I had believed in myself earlier.

So why did I eventually take the leap into self-employment?

Well, firstly, I think it’s important to recognise you will never truly benefit from working for someone else. I’m not being mean or devaluing employed positions, I’m simply stating a fact. However, this wasn’t my motive. Instead, I have three main reasons why I started my own business.

  1. Freedom

I had always longed to call the shots around my own time, but it wasn’t until 2015, when my youngest son was diagnosed with a genetic condition called NF1, that I knew I had to make this dream a reality.

NF1 is short for neurofibromatosis type 1 – a genetic condition that causes tumours to grow along your nerves. While the tumours are usually non-cancerous, the condition causes a range of symptoms which result in regular illness, the need for numerous doctors’ appointments or worse still, hospital stays.

I knew I had to be there for my son every step of the way. The freedom self-employment gave me was essential; it meant I could fit my career around my family in a way that suited us. What’s more, every patient diagnosed with NF1 is different and so we knew we had to work around the unexpected. I chose a working life that would enable me to stop at a moment’s notice, pick up where I’d left off and still be successful.

  1. Limitless earnings

In employed roles, there is often a cap on what you can earn. You are also only worth what someone else believes you are. This was never for me. I knew I was capable of so much more and wanted the ability to be paid for what I knew – not for what I did.

Starting my own business enabled me to leverage my time and expertise much more efficiently. What’s more, I have complete control over my worth. The only limits are the ones I set myself.

  1. Lifelong learning

Being told to do this course or that extra qualification for the betterment of the company never sat well with me. Being forced to undertake extra work without the navigation towards how it would benefit you or your job role means learning can become a box-ticking exercise for many employees.

However, when you start and run your own business, learning becomes a passion. I have always loved learning new things and now I get to implement what I’ve learned into everything I do. I now have a reason to learn more which should be part of every entrepreneur’s journey, particularly if they want limitless earning potential!

I’ve never looked back since I started my self-employed journey. While it has been anything but easy, it’s been so rewarding, life affirming and simply the best thing I could have done for me and my family.

If you have recently started your own business or want to network with people like you who know there’s something more out there for them to achieve, join my Living Rich with Profit First Facebook Group today.

In love and wealth,

Philippa