Showdown 9: Time
This is part nine of a series exploring factors in self-employment and traditional employment. For more about this series, read the opening article.
How much time your work requires and your influence over it
One of the biggest myths about self-employment is that you’ll work less and make more. But because your time directly affects the amount of money you make (especially if you’re billing hourly!) you’ll find it hard to stop working. However, when business is good you have as much control as you like. Some small business owners make time a priority by setting the number of hours they’ll work and building their model around that. If you want to work 30 hours a week, make sure your business can support that. And the extra hours are very rewarding because you know they make a difference. Still, there’s nothing like calling it quits at noon and hitting the golf course.