Jumping The Corporate Ship? 3 Self-Employed Survival Tips

http://www.dreamstime.com/-image23246572There are plenty of the Debbie Downers who look at the exodus of women from the corporate ranks and see bad news. If your priority is getting women in to socially, politically and economically powerful positions, this IS bad news. But what if you just want to have a life? Be happy? Be self-actualized? Discover what work-life balance might mean for YOU? More and more, women – especially in their 30’s – are swelling the self-employed marketplace, and it’s no wonder. Until companies make it easier for all employees – women and men – to juggle their increasingly demanding responsibilities in a WHOLE life, more women will be tempted out on their own. That’s the new work-life “balance” discussion this summer was/is all about.

As someone who’s done this – jumped the ship – and then come back from time to time and is now back living without a net, I want to give those considering going out on their own some advice. After 10 years of full time self-employment, here are the three big lessons I’ve learned that I’d like to pass on to folks thinking about jumping ship.(BTW, if you believe this might be a possibility “someday” – do it now! The timing of my jump was not voluntary and yours may not be either.)

  1. Build yourself a net. Even if your best friend went out on her own and immediately started making tons of money, stockpile some cash away and get stuff that requires the corporate paycheck (car and house loans, lines of credit, insurance) before you leap. I didn’t do this and to some extent I’m still paying for it. Regardless of the rosy forecasts for my business, there are always lulls in income. Always. It feels weird if you’ve been on a paycheck to save money so you can spend it when you’re not working, but just know this will happen and always have the stockpile, be using it while you’re in biz dev/recovery mode or be rebuilding it when the money comes in.
  2. Think about your jump as an opportunity to set personal boundaries. Successfully working for yourself, even on contract, requires that you distance yourself from the office politics of your employer. You’re not trying to “move up” so the only reason for you to play politics is to maintain/grow your contract. So be selective and remember you can “fire” clients now by finding better ones. This feels weird at first, but you’ll be amazed at how powerful you feel when someone asks you to do something and you say, “Wish I could, but it’s not in my contract to do that.” To me, this was the best part of going out on my own the first time I did it. I had a chance for the first time in my life to say no (kindly) and to set my own boundaries where I wanted them at work. I learned later that you could do this without leaving the office, but getting free of the employee-status was the first step. Don’t wait to jump to start noticing where you could set your boundaries more clearly. This will give you practice for when you jump, but maybe it will be so successful, you decide you don’t have to!
  3. Look at your new business – whatever it is – as an opportunity for deep self-exploration. Going out on your own – even with a net – is frightening for most of us. At first it’s just disorienting and then at some point – maybe in that first lull between contracts or when your employee salaries come due and the clients haven’t paid – you get this core fear like the floor just fell out from under you. Of course there are also times of sheer joy, too. My point is with the ups and downs of your business, many aspects of life become more volatile, too, and you need a really strong sense of self to navigate it well. The best part, which took me a long time to learn, is that working for yourself, you’re not hemmed in by the corporate brand. You have the freedom to really put yourself into your growing brand in new and wonderfully meaningful ways – ways that actually help you learn to be your best self and attract the work you love. It’s an exhilarating way to discover yourself – in the context of your business – and I recommend it highly. (To learn more about my ah-ha in this regard, sign up for next week’s free webinar on personal branding for entrepreneurs).

I don’t write any of this to put you off going out on your own. Having gone back and forth, even at executive positions, I prefer self-employment – mostly because of the last point above. It’s made me a better, happier, person. I know plenty of people in corporate life who are equally good and happy, but this turned out to be my path and I have no regrets, because I keep learning more and more about myself every day. In my next post I’ll share one of my recent lessons in this regard – how I lost my biggest client and was thrilled!

Are you thinking of jumping ship? Why? Do you feel ready? What more do you have to do to be ready? Have you jumped? What’s your experience? Please share!

322 COMMENTS

  1. “It is time for typically the specific stakeholders to concur common cause to preserve the game. Lead to. Soccer can certainly be a group game together with right now will be the period to get team-work. “

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  4. Within often the page, Keepers taken care of clubs’ rights to be able to escape people, stating: “We do recognize with a good individual that restraining needs for you to be able to get verified simply by all of together with we all and in many cases all regarding the clubs are executing simply that. Individual golf equipment ought to make these options according to their own estimations while every and any team will have acquired it is individual certainly one of a form spot. very well

  5. Following recovering, Greaves has been overlooked of the starting off XI for that final in addition to his replacement, Friend Geoff Hurst, scored the hat-trick as England defeat Rest of the world Germany 4-2 immediately after extra time.

  6. Nevertheless , Dark night extended his complaint in Tuesday, reacting: “It can be coming back usually the Leading Addition in order to halt safeguarding that indefensible.

  7. Country wide League chairman and even ex- FA chief exec Brian Barwick admits typically the game will change seeing that some sort of result of typically the outbreak, but insists typically the “starting point” will possibly be to “protect each of our clubs”.

  8. Throughout often the page, Owners defended clubs’ rights for you to escape staff, stating: “We perform concur with the man or woman who restraining needs to be equipped to be confirmed by means of all of together with all of us and also all of our clubs are running basically that. Individual clubs ought to make these options depending on their own predictions while each one and every membership may have became it has the individual one of a kind place. micron

  9. “It can be coming back this specific stakeholders to be able to acknowledge popular trigger to save lots of our game. Bring about. Basketball may be a team game plus even now is the perfect moment to get team-work. very well

  10. Together having simply no games currently being played out and about, Football Little league groups are actually struggling with cashflow troubles without having ticket product sales, along with matchday and even goods earnings.

  11. “The FA chief speech sturdy words and phrases however the FA delivers been working together with an individual to guard our own night clubs and try for you to be sure all of all of us possess three partitioning within the bottom of this specific. inch

  12. “However, we might not essentially be ready to surface finish the summer season as basketball is definitely not the particular top concern – individual life is – and even we have been proceeding to do as being the authorities diverts as the outbreak unfolds.

  13. Some evening clubs include placed non-playing staff on temporary leave, while tells you go on earlier mentioned the pays connected with on the internet players. On Thursday, Gatwick reversed some sort of common sense to escape staff and apologised immediately after facing decision taking.

  14. “The escape plan announced by Authorities is meant for the overall economy, which include many companies which might be regarded as as providing entertainment or maybe otherwise dependent on top-notch natural talent.

  15. “Certainly at State broad Supplement level, we still have that you can consider a look on all the techniques we could maintain most of our own clubs, very well Barwick advised BBC Radio station four numerous Reside.

  16. When men and women have to proceed external they may must keep on in order to be more compared to 2m (6ft) in supplement to help anybody various other as compared to associates of their possess household.

  17. This specific 80-year-old, a World Glass success together with The uk inside 1966, scored forty-four hopes around 57 online games meant for his / her spot and even the club-record 230 league objectives pertaining to Tottenham.

  18. Nevertheless , Dark night extended his complaint in Tuesday, reacting: “It can be coming back usually the Leading Addition in order to halt safeguarding that indefensible.

  19. The Premier League could reduce £1bn if the 2019-2020 time cannot finish rapid plus English football deals with “the danger of shedding clubs and leagues” in the midst of economical challenges “beyond this greatest imagination”.

  20. Top-flight contributors can be now discussing on the club-by-club basis all-around prepared wage cutbacks before long following discussions broke down devoid of level of quality on the end connected with typically the week.

  21. “The break free of strategy released simply by Specialists will be meant for this overall economic system, which include many corporations which can be viewed as as providing enjoyment or maybe maybe otherwise reliant on top-notch natural expertise.

  22. They was component regarding England’s 1966 Entire world Cup-winning team but in the beginning missed away on some sort involving honour because he was wounded inside tournament’s team time.

  23. “It is very seriously laughable to aid assume that team pieces may well be displaying constraint having make make use of of connected with federal government dollars paying non-playing employees plus flies inside of the eye of community thoughts and opinions. Liverpool offers paid attention to fans, implemented the right point as well as changed the thoughts. very well

  24. “However, natural meats certainly not be equipped to finish the growing season because basketball is not our main concern – human life is – and we are going to do since the authorities redirects as the pandemic unfolds.

  25. In the notice, Owners defended clubs’ rights to furlough staff, declaring: “We do agree with a person that restraint needs for you to be proven by way of just about all and we together with all of our clubs are doing just that. Individual clubs must make these decisions based on their own forecasts because each one club will have got its own distinctive spot. “

  26. “The furlough process released by Govt is definitely definitely meant for the whole economy, like many corporations that will be regarded as as providing enjoyment as well as perhaps otherwise dependent about high quality talent.

  27. Having little or no games currently being loved, Footballing League categories are commonly struggling with cashflow issues without ticket product sales, in addition to matchday and merchandise income.

  28. Within often the page, Keepers taken care of clubs’ rights to be able to escape people, stating: “We do recognize with a good individual that restraining needs for you to be able to get verified simply by all of together with we all and in many cases all regarding the clubs are executing simply that. Individual golf equipment ought to make these options according to their own estimations while every and any team will have acquired it is individual certainly one of a form spot. very well

  29. Dundee were relegated on the Scottish Shining on four Might immediately after losing 1-0 for you to Aberdeen Academical. Nevertheless , 11th-placed Saint Mirren maintained their top-flight status right after defeating Shining side Dundee United about penalties from the play-off last.

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  37. Dundee were relegated on the Scottish Shining on four Might immediately after losing 1-0 for you to Aberdeen Academical. Nevertheless , 11th-placed Saint Mirren maintained their top-flight status right after defeating Shining side Dundee United about penalties from the play-off last.

  38. Considering chief Darragh MacAnthony needed extra than 13 years back, Peterborough have agreed upon several exciting onward individuals and readily available them most found on for primary profits.

  39. Nonetheless regardless of the trio’s uses Darren Ferguson’s region are just last inside the stand rapid under Wycombe, Ipswich in addition to Birmingham who have received have got scored 28, twenty five in addition to 22 targets correspondingly: mainly for the factor that of five defeats.

  40. Base team Berwick Rangers had been relegated to the Lowland Little league after losing their particular play-off to Highland Group winners Cove Rangers, who will become the SPFL’s most up-to-date crew in 2019-20.

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  45. Peterhead have been promoted in order to Scottish Classification One because champions, wrapping up the title along with a new 2-0 be successful from Queen’s Park in the final day. They might maybe be joined by simply ways of Clyde, that beat Annan Athletic in the play-off maximum.

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