Working for yourself and being your own boss can be extremely empowering and fulfilling. However, for some, it can be the total opposite – a completely daunting experience.
Not everyone wants to be a boss or run their own company and that is perfectly fine. The thought of having to manage people, be responsible for a company, operations, service delivery, human resources, finances etc. is no easy task and not for the faint-hearted.
On the flip side, working in a 9-5 (more like 9-6 these days) can also be a living night day-mare for many, it can be rigid, time-consuming and if you’re not happy doing it, a disappointing and miserable day-to-day encounter.
That’s why, consulting, in my opinion, offers the perfect middle ground. You are essentially working for yourself and registered as self-employed. You can choose to set up as a sole trader or a Limited Company you’ll still have the responsibility of managing some business tasks but on a much smaller scale. You can always elect to outsource business processes such as accounting and hire a virtual assistant.
Working as a consultant in the field you specialise in, means you can choose when and where you work. You can opt to work independently, in collaboration with others or decide to scale up and delegate to your own team of consultants. The decision is entirely up to you. It really comes down to how much responsibility you want to take on.