Want to Be Your Own Boss?
What You Need to Know About Self-employment

Ever dream about someday being your own boss? Most people at some time in their life seriously toy with the idea of quiting their 9 to 5 job and starting their own business. The quickest way to turn the dream of becoming your own boss into reality is self-employment. But the dream of self-employment can just as quickly turn into a nightmare, if you're not careful.

While most of use dream of running our own business, being our own boss, and being self-employed, only a relatively few American's ever realize this dream. According to the Bureau of Labor Statistics, as of April 2014 just over 15 million workers in the United States were self-employed. May sound like a lot, but that just 10% of the overall workforce nationwide. If all of us dream about being self-employed, but only 1 in 10 of every becomes self-employed, what accounts for the disparity? Well, there's much more to being self-employed than what most people dream of.

There are both pros and cons to being self-employed. The pros are what most of us "9 to 5" workers dream of. No boss. No set schedule. More free time. More motivation. Yes, this is all true but now let's consider the cons: No guaranteed paycheck. No health insurance. Unpredictable schedule. Long hours. New types of stress to deal with. More responsibility. No constant work flow. No one to give you direction. While most people think they're cut out to be their own boss and become self-employed, the opposite is true - most aren't. If you're not highly motivated and can't hold on to your dream through years of struggle and sacrifice, you're not likely to succeed as a self-employed worker running your own business.

Is Self-employment the Right Choice for You?

Many of us that dream about one day being self-employed are experiencing the "grass is greener" syndrome. We think that once we've shaken off the shackles of being a "traditional" employee we'll be happier and more satisfied with our daily lives. More often than not, this isn't the case. Exploring the pros and cons associated with being your own boss, starting a business, and being self-employed can help you determine if the grass is truly greener, or if your dream is just an illusion.


  • Pursue your passion.Maybe you completed a degree in civil engineering and now you're stuck designing sewage systems and water treatment plants for government municipalities. You became a civil engineer because it's a stable job, offers benefits, and you're dad said you'd be good at it - which you are. But your passion has always been outdoor recreation. You finally decide to pursue your passion and launch an outdoor recreation company that focuses on corporate getaways. Starting your own business, and being self-employed, allows people to pursue their passions.

  • Being your own boss.对于一些人来说,没有什么比让其他人决定你会做的事情更压迫,你会在哪里,当你做到的时候,你会在你的职业生涯中实现什么。自雇人士的大福利是你是你自己的老板。没有人会告诉你你可以或不能与你的职业成就什么。

  • Satisfaction.Most successful entrepreneurs agree that running your own business, while challenging, is extremely satisfying. As a business owner, entrepreneur and self-employed worker, you'll have the opportunity to grow your own business, produce goods and services that people need, determine your own future, and provide employment opportunities for your employees. If you're lucky, you may even hit it big and become the next Mark Zuckerburg.

  • More diversity.Many 9 to 5 jobs are very routine oriented. You clock in at 9AM. For the next eight hours until you clock out at 5PM you'll be performing the same tasks as the day before - as well as those you'll be performing tomorrow. This is an extreme example, but a very real scenario for many Americans. Starting your own business and being self-employed adds a boat load of diversity to your life. As CEO, CFO, Director or Marketing and Business Analyst for your new company, you'll get to experience just about every aspect of running and growing a startup.

  • No set schedule.Sick of the same old routine? As a self-employed business owner, you get to determine when you go to work, how long you'll work, and when you'll go home. Want to take off for a few hours to play golf? No problem! No one sets your schedule other than you. Having control of your own time is one of the perks of self employment.

  • Earn what you're worth.Self-employed workers are some of the wealthiest and poorest people in the world. If you feel that you're underpaid and overworked, starting your own business is a great way to have limitless income potential. In the United States the wealthiest group of people are small business owners - self-employed entrepreneurs who have left corporate American behind and ventured out on their own.

InRocky VISylvester Stalone ("Rocky") says it perfectly, "The world ain't all sunshine and rainbows, its' a very mean and nasty place..." That couldn't be more true when it comes to running a company and being self-employed. Many entrepreneurs have said that before they succeeded they failed several times; that they almost didn't make it the last time; that the sacrifice was much greater than they were expecting; and that they might not do it again if they had to start over. Being self-employed isn't "all sunshine and rainbows" and there are many challeges to being self-employed. The following are just a few of the challenges self-employed workers face.

  • 漫长而畸形的时间。The 9 to 5 job is now gone... and replaced with 7AM to 10PM job. Many self employed workers, business owners and entrepreneurs (especially those just getting started) end up working long hours and are on call 24/7 to fix disruptions in business. They must always be available to make sure everything is running smoothly. Many business owners will attest that it takes many years, and a successful company, before working hours return to normal and they're actually able to take some time off.

  • 压力。Your entire livelihood, the livelihood of your family, the livelihood of your employees and their families is all riding on the success of your new startup. You have to make employee payroll every two weeks, and if you don't, you're the one that's likely to go without a paycheck (if you want your business to survive). You need more cash to grow, you borrow money from the bank, you mortgage your house for collateral for a loan, and you max out your credit cards to buy much need equipment. Being self-employed can be very stressful.

  • More responsibility.在您的旧工作中,您负责整个部门的财务管理。现在您对整个公司的财务管理负责,包括工资单,会计和投资融资。哦,是的,你也负责营销,运营和人力资源,至少几年,直到你足够大,可以雇用全职工作人员来支持这些功能。

  • No consistent paycheck.Self-employed individuals get paid when they bring in money and after they pay all expenses. It's not uncommon for self-employed individuals to go several months without receiving a paycheck while they first get started and periodically throughout the first few years until the business is stable. Unfortunately, self-employed individuals are usually the last to receive a paycheck. Vendors, employees and expense must be taken care of first.

  • No paid holidays, vacation or sick leave.Remember that annual two week vacation to Maui you take your family on each year? Kiss it good-bye for a while. Self-employed workers don't receive paid holidays, vacations or sick leave. When a self-employed worker stops working - for whatever reason - the money stops coming in. A day off of work is a day of no pay. However, successful entrepreneurs, small business owners and self-employed workers typically are able to take time off of work once their business is large enough to support itself.

  • No benefits.Want health insurance, dental insurance, a 401k and an attractive compensation plan? Well, if you're self-employed than get working because you'll have to pay for all of your benefits out of your own pocket. One of the advantage of being an employee with an established company is that you receive paid benefits - typically from day one on the job.

  • Risk of failure.与自雇人士和自己的业务有关的各种风险。有没有收到薪水的风险。有客户或员工起诉的风险。还有缺乏业务的风险。大多数企业所有者将自己的资金投入到他们的业务中以资助成长并将其上面和从地面上移开。企业所有者,其企业失败,可以放松一切。据劳动统计局介绍,只有一半的新业务生存五年,只有三分之一的人将达到十年。


The average employment growth rate for all occupations between 2012 and 2022 is estimated at roughly 6%. The projected growth rate of self-employed workers is just 3.6%, substantially slower than the average for all other occupations. However, employment growth rate among the self-employed workers varies by field. When contemplating self employment, it's useful to know ahead of time which career fields are most favorable for self-employment.


The majority of self-employed workers operate on their own and do not have any employees other than themselves. As of 2014, there were just over 9 million unincorporated self-employed workers and roughly 4 million incorporated self-employed workers operating in the United States. The information and tables that follow represent unincorporated self-employed workers (those that operate alone).


The table below shows that there were approximately 24 million nonemployer businesses in the United States as of May 2012. The largest number of these businesses were in professional services (such as accounting), technical services, real estate and construction. But since nonemployer businesses are relatively small, these businesses only generate about 4% of nationwide sales.

Field/Occupation # of Firms Sales (in millions)
Other services 3,523,000 88,545,000
专业的and technical services 3,212,000. 142,975,000
Real estate and leasing 2,390,000 227,428,000
Construction 2,347,000. 127,050,000
Administrative and support services 2,006,000 42,443,000
Health care and social services 1,943,000 59,890,000
Retail 1,905,000 82,495,000
Entertainment and recreation 1,237,000. 30,280,000
Transportation, storage and warehousing 1,060,000 69,900,000
Financial services 721,000 52,050,000
Education 603,500 8,505,000
Trade 409,000 37,200,000
制造业 345,000. 16,165,000
Hospitality and food services 341,000 15,021,000
信息销售和服务 328,000 11,800,000.
Agriculture, hunting and forestry 240,000 10,614,000
Mining, oil, and natural resources 110,000 7,820,000
Utilities 18,500 790,000
Source: U.S. Bureau of Labor Statistics (BLS). "Firms" and "Sales" figures rounded to nearest thousand.
Occupations with highest level of self-employed workers
The table below shows those occupations with the highest percentage of workers being self-employed. However, just because these occupations have a high level of self employment, it doesn't mean they are experiencing growth. A few of these occupations, such as farming, are shrinking.

Field/Occupation 自主创业
2022 (projected)
Projected Growth
Farming and agriculture 681,000 499,000. -27%
Retail sales supervisorss 391,000 333,000 -15%
托儿所 374,000 447,000 20%
Carpentry 325,000 373,000. 15%
施工管理 275,000 297000年 8%
Cosmetology 255,000. 285,000 13%
Landscaping 253,000 286,000 13%
Construction workers 252,000 272,000 8%
Housekeeping 177,000 198,000 12%
Real estate sales 176,000. 193,000 9%
Lawyers 166,000 179,000 8%
Management analysts 154,000 199,000 30%
Non-retail sales supervisors 147,000 123,000 -17%
Retail sales 141,000 118,000 -16%
Property management 133,000. 147,000 11%
Source: U.S. Bureau of Labor Statistics (BLS). Self-employment figures rounded to nearest thousand.
Occupations with fastest growth of self-employed workers
According to the Bureau of Labor Statistics, between 2012 and 2022, the number of self-employed workers will increase in over 50 percent of U.S. occupations. The table below lists the occupations with the fastest projected growth rate in self-employment.

Field/Occupation 自主创业
2022 (projected)
个人护理助手 70,000 121,000 72%
Management analysts and consultants 154,000 199,000 30%
Painters (construction) 129,000 154,000 20%
托儿所 374,000 447,000 20%
Carpentry 325,000 373,000. 15%
Landscaping 253,000 286,000 13%
家政和清洁监督员 71,000 80,000 13%
Landscaping and groundskeeping supervisors 107,000 120,000 13%
Accountants and auditors 85,000 96,000 12%
清洁工具和清洁剂 83,000 93,000 12%
Source: U.S. Bureau of Labor Statistics (BLS). Self-employment figures rounded to nearest thousand.


Once you've decided that you want to start your own business, and you've identified an occupation, it's time to sit down and develop a plan to turn your dream into reality. It's an old adage that the only way to be successful is to "jump in with both feet". While there is some truth to this saying, we recommend making a slow transition and testing the waters, if possible. Just take one step at a time.

One of the biggest mistakes that wouldbe entrepreneurs make when starting a new business is that they don't have a fall back plan, or they gamble everything. What if the business you start fails? What if it takes a long time to make it profitable? Do you have the funds and resources to grow your business slowly? Do you have savings to fall back on if things don't go as expected? If you currently have a good job that sustains you and your family, and you don't have substantial savings to fall back on, we recommend that (1) you don't quit your job to start your business until you do have savings and (2) you get your business going on the side while you maintain your current job.



Does the occupation you want to pursue as a self-employed entrepreneur have any specific entry requirements? Dentists, for example, must have a dental degree and obtain a license. A real estate agent must pass a state test to become licensed. If you're pursuing self-employment opportunities within an occupation that has specific entry requirements, make sure you do you due diligence and figure out how realistic the career option is based on your resources and situation. Attending six years of medical school to become a doctor may not be the best path to self-employment if you have limited funds and a family to take care of.

在额外的技术技能方面,自营职业工人需要专注于开发或提高他们的“软”技能。如果您要运行自己的业务,则都需要人际交往,时间管理和多任务处理 - 特别是在您入门时。您需要能够确定完成任务所需的时间,组织日期以最大限度地提高运营效率,并有能力将自己,服务或产品销售给潜在客户。

最后,但并非最不重要的是,你需要充满激情的abo血型ut what you're doing. Passion is what leads to motivation, commitment, and determination - all essential characteristics of successful self-employed workers and entrepreneurs.

Expect the Unexpected
The road to living your dream of being your own boss and being self-employed is littered with unexpected trials, stress, sacrifices and setbacks. You were expecting that everyone would run to the store to buy your product, but they didn't. You weren't expecting it to take so long to close your first deal. You weren't expecting it to cost so much to get your business going. You weren't expecting it to require so much time. Expect the unexpected.


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