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So your priorities have changed?

You don’t want to do that kind of work any more?

You don’t enjoy that type of work any more?

That’s great. That’s why we work for ourselves, so we can change course as and when we feel like it.

I have a load of work on my plate that I really don’t want to do. It’s paying the bills and I’ve made promises to people so I can’t just turn it down.

But I’m also putting steps in place so I don’t need to do it forever. So, once these projects are done, I can focus on work that makes a huge impact on people.

Flexibility, freedom and, yes, a bit more money. Those are the reasons most of us started our own businesses.

So if you’re feeling locked in and 2020 has changed everything for you emotionally, then take advantage of that flexibility and draw up your plans to change direction.

Do it carefully, do it profitably but make sure you do it.

It’s why you started your business in the first place.

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The best and worst of freelancing

One of the great things about working for yourself is you have complete control.

One of the worst things about working for yourself is you have complete control.

When a potential client asks you to sign an NDA before even discussing the project and you need to get it looked at (sneaky things, legal papers) then that’s your responsibility.

When you choose some fancy new tech for the project and it turns out to be not quite ready for prime time then that’s your responsibility.

When you make a decision and get it wrong then that’s your responsibility.

But that’s also the greatest thing about working for yourself.

I worked at one place and the company failed despite me putting in weeks of twelve hour days. All that work and it counted for nothing.

My friend said “I saw how hard you were working but it wasn’t your decisions that sunk the company, it was the other directors”.

And that’s one of the main reasons why I work for myself. If I screw up, if I make the wrong choice, if I fail, it’s entirely down to me.

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How is the transition from giving up a stable job to starting a business?

If you’re thinking of quitting a stable job and starting a business, the transition can be one of the hardest things to deal with. There are a lot of things to think about – and at times, it can feel totally overwhelming.

Are you cut out for business ownership? At a fundamental level? At a financial level?

Do you have a realistic starting point to progress your idea from?

Are you happy to learn from your mistakes – or will you find the possibility of failure devastating?

Will you miss interacting with co-workers? Will you be able to deal with the loneliness?

What about slacking off for weeks and still getting paid? That’s not really an option when you work for yourself.

The thing is, you are told that it is much safer and more stable to work in a large company. But in reality, it’s the exact opposite.

Do you have an insight of the health of the company you’re in?

Are you petrified you could get fired or downsized at any time?

Are you at the mercy of an incompetent manager?

Are you constantly being asked to do stupid things? Do you find it intolerable?

Do you have to keep your arse in a chair between two arbitrary times, even though it has no correlation with your productive hours?

Could your company choose to change direction and lay off 400 employees, even though they’re really good at their jobs?

I can tell you, for myself, the journey has definitely been worth it.

My life is in my own hands, which always feels more secure.

I have independence and freedom. My fate is not in someone else’s hands.

And I’m constantly learning – it feels like every day I’m progressing.

So if you’re considering trading in that “stable” job for something more dynamic, more exciting, something more fulfilling – it doesn’t have to be terrifying.

If you’d like to take control of your time, escape the constant firefighting and build a business that works for you, the easy way to get started is to build a 12 Week Plan. My free planner shows you exactly what you need to do.

Download your free planner now