I am self employed. Here's the top ten things you should know
1. Expect 80 hour weeks to make 40 hours worth of pay
2. You pay taxes no matter how little you make.
3. You often deal with customers directly, people skills are a must.
4. If you mess up, you pay for it. No one will say it's okay.
5. Vacation? What does that word mean?
6. You really have to love having flexible time requirements, because you will be doing pretzels with your time.
7. No one else will do the work for you. Delegation is not an option.
8. No one else will do it as good as you, so hourly employees are usually a waste of money until you have two weeks of back logged orders.
9. You never get paid what your worth period.
10. Being self employed means long hours with little to no pay in down times. Plus extremely unstable income. Better be more frugal than frugal and have no debts.
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