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15 Reasons Why You Should Quit Your Job and Be Your Own Boss

15 Reasons Why You Should Quit Your Job and Be Your Own Boss

The world can be a monotonous place, especially if you are stuck at a 9-to-5 desk job. I have lived the daily grind and hated it, and decided it was time to go back to the thing I love most: being my own boss. In this interconnected world, it is easier than ever to make a living doing what you love. Be forewarned: being self-employed is hard work, but it is worth every sleep-deprived moment. From my personal experience as an entrepreneur, these are the reasons why you should quit your job and be your own boss.

1. You will never have a boss again

If you are stuck in the cycle of bills, bills, and more bills, quitting a steady income job is absolutely terrifying. What if you can’t pay your car bill, or your cellphone? What if you can’t have cable TV anymore? Are you prepared to give up Starbucks and drink instant coffee every morning? Could you eat a PBJ for breakfast and lunch and dinner?

Being your own boss is worth every single risk. “Great deeds are usually wrought at great risks”; even a guy named Herodotus from over 2,000 years ago knew that nothing great can be achieved without significant risk. If you leave your desk job, trust me, you won’t actually die. You might have to shack up with your parents, or forgo Netflix for a few months, but believe me, there are way worse things in life, like working for a boss who has a lower IQ than Johnny Knoxville.

2.  Say Bye-bye to monotony

Once you are free of the 9-5 grind, the world becomes alot less boring. Now you can march to the beat of your own drum and do whatever it is that you want to do.

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3. Your earning potential is limitless

Do you make badass dresses for little girls? Post that picture on Etsy, do a little social-media marketing, and your passion can turn into an empire like KPea Original. This independent clothing company started as a home-based business and has boomed into one of the largest completely American handmade clothing companies, employing over 100 people in the small town of Elmore, Ohio. I’m sure in the beginning no one thought a woman with a sewing machine and a dream would turn into a 100,000+ fan Facebook page and a cult following.

If you put in the work, you will see the reward. If you have a skill, or make something that people want, post it, share it, publicize it. Somewhere, someone on the inter-webs needs it, all you need to do is let the world know that you exist.

4. You get to travel more

This is probably the best perk of being self-employed—you have a legitimate excuse to travel. In my business, I go to trade shows throughout the Midwest. I frequently travel to meet clients. I visit vendors. If you enjoy seeing new places and meeting new people, being your own boss creates a plethora of opportunities for road trips. If it weren’t for my business I would have never discovered the hipster mecca of Ferndale, Michigan, nor would I have experienced the wonder of Cahokia in St Louis.

5. Realize your self-worth

Once you have worked for yourself, you begin to understand your own self-worth. Seeing the rewards from all those hours of hard work begins to sink in—you have built something, you have achieved something, you are worth something. Often times at a 9-to-5 job, you go under-appreciated and your efforts unnoticed. When you can directly experience the reward of your efforts you have a feeling of self-fulfillment and realization that can never be fully felt when you are working for someone else.

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6. You call the shots

No more of those awkward moments where you are trying to skirt around your boss to avoid a tongue lashing. Now, you call the shots. Now, you can do the tongue lashing if you so chose.

7. You have more free time

At first, working for yourself involves putting in a schload of time. I’m talking 15 hours days. But then, once you learn what efficiency and effectiveness and delegation are, you suddenly have this chunk of free time that didn’t exist before. You can go to the gym at 2 p.m., or get breakfast with Grandma on a Monday at 9 a.m. Remember, you call the shots, and now you call your free time.

8.  Make your own schedule

As your own boss you not only get to live a less monotonous life, but you get to make your own schedule, too! Why not make those Monday mornings with Grandma a weekly affair? Now that you control your destiny, you can make your schedule as you well please.

9. Do what you love

If you’ve played your cards right, you are now doing something that you absolutely love. Even on those days where you do have to work 15 hours, it doesn’t feel like it. You get to wake up every morning and pursue your passion.

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10. You will meet interesting people

Often we get stuck in the yokel funk—we see the same people everyday for years.This is especially so if you live in a rural area. But now, you get to travel, you make your own schedule, and you meet people that you probably didn’t even know existed.

11. You will step out of your comfort zone

With being an solopreneur comes uncomfortable situations. You may have to do things you really don’t want to do, or things that you have never done. Like giving speeches, teaching a seminar, going to meetings. But, these awkward situations will help you to grow and develop into a better person and business owner.

12. You can write off expenses

And now you also get paid to drive your own car. And you can write off your home office space. The beauty of being self-employed is now all those spaces and things that you use for your business are considered business expenses and you can write them off of your taxes.

13. You will earn street cred

You are at your 10-year reunion. Guess what? All those jocks that wouldn’t look your way suddenly have heard of your entrepreneurial exploits and are quite interested. Thankfully you have been also participating in CrossFit while those jocks now have voluptuous beer bellies. But hey, that guy from AP Chem class now looks like Ryan Gosling’s younger brother? And guess what, he has heard of your business and wants to get drinks.

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14. You will become a (local) celebrity!

Not everyone likes fame. BUT we all do like a little pat on the back for a job well done. Now that you are your own boss you are well-known around your hometown and have made your family proud.

15. You can give back

Best of all you can now afford to give back. You can help your parents pay their mortgage. You can donate funds to the local tee-ball team. You can support the local food pantry. It’s a great feeling to be able to give back to the community and to pay it forward. Because you never know who may be looking up to you.

Featured photo credit: Andrey Belenko via flickr.com

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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