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Considering Independent Employment?
There is a rise in the U.S. of the independent worker and a decline in the number of full-time employees. This paradigm shift is making more and more of us into realists when it comes to looking for employment. Due to this shift, the chances of our having an employer who will manage our career path are becoming less likely.
"The fastest growing sector of the economy has become the flexible workforce, i.e. independent contractors, freelance workers, and individual consultants. Current estimates put the number of freelance workers at 53 million, or about 33% of the US Workforce- a number that is expected to grow to 50% by 2020." -BizShifts-Trends
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Let’s take a look at two forms of independent employment that may be of benefit to you, your talents and circumstances: freelancing and contract employment.
The common values offered by these two opportunities are freedom and flexibility!
In addition, you must really enjoy the work that you will be doing and be willing to more actively manage time, money, and networks.
You must have a clear understanding of your knowledge, skills, and abilities in order to choose the independent employment path best suited for your “style.”
Freelancers must be more enterprising, want to work with small or medium companies or organizations, be self-starters, and already have a high potential for drawing in clients or customers.
In comparison, if you need to get income quickly, you may want to research contracting work. With this opportunity, you don’t have to be as much of a self-starter; you will typically work onsite for a larger company, and the work will be more technical/scientific (less people-oriented).
Both of these types of independent employment require a positive attitude and more self-management of matters such as time, benefits, and $$. Freelancing will also require management of your client flow.
Amazon Amazon Says:
Amazingly, one-third of the American workforce is freelance―that’s 42 million people who have to wrestle with not just doing the work, but finding the work, then getting p more...
Amazingly, one-third of the American workforce is freelance―that’s 42 million people who have to wrestle with not just doing the work, but finding the work, then getting paid for the work, plus health care, taxes, setting up an office, marketing, and so on. Now help is here, and consultants, independent contractors, the self-employed, “solopreneurs,” and everyone else living a freelancer’s life will never be alone again but instead can be part of a strong and vibrant community.Written by the authority on freelance working, Sara Horowitz, MacArthur “Genius” Fellow and founder of the national Freelancers Union and, most recently, the Freelancers Insurance Company, The Freelancer’s Bible will help those new to freelancing learn the ropes, and will help those who’ve been freelancing for a while grow and expand. It’s the one-stop, all-encompassing guide to every practical detail and challenge of being a nimble, flexible, and successful freelancer: the three essentials of getting clients and the three most important ways to keep them happy. Five fee-setting strategies. Thirteen tactics for making it through a prolonged dry spell. Setting up a home office vs. renting space. The one-hour contract. A dozen negotiating dos and don’ts. Building and maintaining your reputation. Dealing with deadbeats. Health Insurance 101. Record-keeping and taxes. Productivity, including a quiz: “What Is Your Ideal Day?” Building a community. Subcontracting and other strategies for taking your freelancing career to the next level. Retirement plans, plans for saving for education, and how to achieve financial freedom. less...
Amazon Amazon Says:
This is a book for people like us, and we all know who we are. We make our own hours, keep our own profits, chart our own way. We have things like gigs, contracts, more...
This is a book for people like us, and we all know who we are. We make our own hours, keep our own profits, chart our own way. We have things like gigs, contracts, clients, and assignments. All of us are working toward our dreams: doing our own work, on our own time, on our own terms. We have no real boss, no corporate nameplate, no cubicle of our very own. Unfortunately, we also have no 401(k)s and no one matching them, no benefits package, and no one collecting our taxes until April 15th. It’s time to take stock of where you are and where you want to be. Ask yourself: Who is planning for your retirement? Who covers your expenses when clients flake out and checks are late? Who is setting money aside for your taxes? Who is responsible for your health insurance? Take a good look in the mirror: You are. The Money Book for Freelancers, Part-Timers, and the Self-Employed describes a completely new, comprehensive system for earning, spending, saving, and surviving as an independent worker. From interviews with financial experts to anecdotes from real-life freelancers, plus handy charts and graphs to help you visualize key concepts, you’ll learn about topics including: • Managing Cash Flow When the Cash Isn’t Flowing Your Way • Getting Real About What You’re Really Earning • Tools for Getting Out of Debt and Into Financial Security • Saving Consistently When You Earn Irregularly • What To Do When a Client’s Check Doesn’t Come In • Health Savings Accounts and How To Use Them • Planning for Retirement, Taxes and Dreams—All On Your Own less...
Amazon Amazon Says:
Start your business off on the right foot Ready to be your own boss? Congratulations! This book provides all the legal and tax information you need. Whether you need to more...
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Find all of the following, explained in plain-English with no legal jargon:Business Taxation 101: A brief primer on tax topics in general, especially as they app more...
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In Case Interview Secrets, you'll discover step-by-step instructions on how to dominate what many consider to be the most complex, most difficult, and most intimidating corpor more...
In Case Interview Secrets, you'll discover step-by-step instructions on how to dominate what many consider to be the most complex, most difficult, and most intimidating corporate job interview in the world—the infamous case interview. Victor Cheng, a former McKinsey management consultant, reveals his proven, insider's method for acing the case interview. Having personally secured job offers from McKinsey, Bain & Company, Monitor, L.E.K, Oliver Wyman, and A.T. Kearney, he has also been a McKinsey case interviewer—providing you with a hands-on, real-world perspective on what it really takes to land job offers. Cheng’s protégées work in all the major strategy management consulting firms, including McKinsey, The Boston Consulting Group, Bain & Company, Monitor Company, A.T. Kearny, Oliver Wyman, L.E.K, Roland Berger, Accenture, and Deloitte, as well as in the strategic planning departments of numerous Fortune 500 companies. Whether you’re an undergraduate, MBA, PhD, or experienced-hire applicant candidate, you’ll discover: What case interviewers really say about you behind closed doors but wouldn’t dare tell you—until now The subtle yet specific performance differences that separate those who get management consulting offers from those who don’t The 10 biggest mistakes candidates make in case interviews (and how to avoid them) The 3 specific things interviewers expect in the first 5 minutes of a case that often decide the outcome on the spot An insider’s take on what interviewers really look for and why—and how to give them what they want less...