Thinking of quitting your 9-5 to become self-employed? Here are the REAL self-employment pros and cons that no one (especially all those "business coaches") are talking about that you NEED to know before taking that big leap.
As someone who was a full-time employee for nearly 8 years but then quit to become self-employed 6 years ago, I've got some thoughts. Being self-employed is not for everyone. You really need to have that entrepreneurial drive and be ok with giving up a lot of perks that come with being an employee.
In this video, I share what you need to know before making this big career decision.
CHAPTERS
00:00 Self-Employed Pros and Cons
01:00 Benefits you'll be giving up
03:07 Canada Pension Plan (CPP) premiums
04:06 Irregular income
05:02 Need to learn to sell
06:47 You're not earning if you're not working
07:52 No built-in work community
08:43 More freedom with your time
09:31 Higher job satisfaction
10:26 No income ceiling
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ABOUT ME
I'm Jessica Moorhouse, a money expert, Accredited Financial Counsellor Canada®, speaker, blogger, YouTuber, and host of the More Money Podcast. I'm based out of Toronto, ON, Canada and turned my personal finance blogging side hustle into my full-time business so I could spend all my time teaching others how they can take control of their lives by taking control of their money. To learn more, check out my website https://jessicamoorhouse.com
#money #personalfinance #selfemployed
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The content I produce is for education and entertainment purposes only. Nothing on this YouTube channel, my website or affiliated channels should be considered financial, investment or legal advice, or an endorsement for any type of service, product, or brand. Some links in this description may be affiliate links in which I may earn a commission at no extra cost to you. Please read my disclaimer to learn more: https://jessicamoorhouse.com/disclaimer/
