Self-Employment VS Working a Job

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You are not alone if you are thinking about a career change. I’ve been there too…and I have
a few things for you to consider before you do anything drastic. Cutting wood soon?
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Comments

@erickvazquez6491 says:

As I get thrown into the wolves to probably take the general manager position job at my morning job at a medical manufacturing company , this are very wise words of advice I’ve been dealing with in my head , thank you for clarifying it . I want to quit as I wasn’t trained for this position and got left holding the bag and hopefully figure it out on my own . So do I quit ( I have a night job ) or just wait and see what the owners decide and if I got what it takes to learn everything that took my boss 20 years . So much stress !!! This might be the solution I’ve been waiting all these years tho so I can quit my night job(2nd job) and spend time with the kiddos doing homework’s at night with etc ,, but the question is do I have enough time to figure out everything to run a smooth operation and the quality part and also are the owners willing to pay me what I need to keep up my lifestyle and move up since I’d be quoting my night job that pays me more than what they pay me . Ahhhh or should I just start my own business doing handyman repairs , it pays very well around here and I got all the tools , I can even do mobile welding and rally enjoy this !!

@BillyCollins-tf2xn says:

Im 33 with no degree and have and still am working dead end jobs. The thing is im smart but i just need a chance.

@dormandavis2767 says:

I have had a handyman business for 35 years went to school for heating and air conditioning worked apartment maintenance after I was hired on a big city fire department. I started a handyman business and I did very well with 1400 regular customers. I did everything plumbing, electrical, appliance repair, drywall framing, kitchen, and bathroom remodeling, I was getting so tired of it now it’s 63. I moved to another state. I miss it sometimes but then again I don’t. It’s so nice to slow down. Downside is I have to start wearing hearing aids. I decided to work alone because it was too expensive to hire and start running employees. It was hard to find people you can trust and know what they are doing. I was working on million dollar plus homes.

@infinitiamg1860 says:

im 31 worked in a pork processing plant 9 years worked from bottom up sanitation to quality service to training new hires was offered supervisor many times never took it because its salary job. when i left it was because of my higher ups where trying to make me do their jobs. got hired with grain millers to learn automation. Did that for two years and now working for Nutek bioscience. good pay insurance 100% pay and two minnute drive. i seen many people quite because of management in both jobs. but sometimes to soon before they learned the skills that they could carry over and use to find a better job.

@jacobkindsvatter4055 says:

Idk been in the trades litterally half of my life, if you learn your skills and keep doing what you know for somebody else your never gonna see the money the bossman makes, but if you go on your own and start an LLC your gonna see why your boss was so cheap and there is no green grass on the other side of the mountain all sharp rocks and avalanches over there unless your plan works and you can just hire somebody to do that for ya but to get that far you need to be born full of money

@flatheadhomeworks says:

This guy is the rugged, hard-working brother of Mr. Rogers

@metalrooves3651 says:

iF YOU get a good job,W2 employee..YOU MAY FIND ITS TOO GOOD TO QUIT. My lack of that gave me freedom to take a chance and be self employed….its been a good run.I got rained out at noon today and still made 800 bux today!I had expenses ,yes ..but …ITS been a good long run..22 years..20-35 hours aweek..DO SOMETHING THAT PEOPLE CANT (usually) DO THEMSELVES….CONCRETE,PAINTING ROOFING…..theres many more..

@SaveYourBrainKillTV says:

Well said, from a proud member of the Outlaw Builders Association for 28 years. My motto is "master of all trades jack none" ll take the road less traveled every time if it means freedom in mind body and sprit

@brantr7582 says:

This is great advice wow just what I have been thinking and saying to myself. I’m lucky to be where I’m at but completely tired of corporate. But the experience is well worth it and would not be possible otherwise. 25 year old diesel mechanic ranging from engines to marine to power gen I work on it all I love it. Needed this advice really makes me sit back a bit and wait for the right time still.

@natendpearson says:

Are you a Christian?

@John-Adams-Can says:

We found out during Covid that in the eyes of the govt as an employer, you do not even have a say with your own health. So was your cushy govt job worth the possible side-effects? Was it worth literally having all your freedoms taken from you for what ended up being a completely wrong decision by that employer?

@gianl1875 says:

youll never will be in control because you have to work on your customers schedule and what they want to pay you you need to be just around better quality people

@MrStreetninja007 says:

As an independent contractor for a few years I find myself wanting to get out of it and go back to something I can depend upon at a certain time you just get tired of hustling everyday to survive

@chipmichaels8361 says:

This video helped me realize my wife and kids were what's been holding me back
Thank you for setting me free, I actually have money in my bank account for once

@SHORYU616 says:

I'm watching content like this because I am currently at a cross roads in my life. I'm in Real Estate and I currently work a full time job as a Retail Supervisor, doing my Real Estate on the side. I'm 34. And I am anxious to leave my 9 to 5 and work for myself in real estate. I have grown out of someone else deciding my schedule, deciding if wether or not my time off is approved, and most importantly…doing something I do not believe in. I am selling products I have no interest in but because it makes me money. I do have full confidence in my self. I have a mentor in my field with alot of knowledge. Now I am currently working up the courage to leave my job and do my Agent work full time. The truth is I am scared, but at the same time extremely anxious to take the leap of faith.

@danielbeaird6264 says:

I've been in welding and fabrication for 13 years now with about 20 certifications ranging from aerospace to structural to transportation and I'm thinking about opening my own shop just because the pay rates/benefits in skilled trades has become a joke, at this point I'd rather work to fill my own pockets rather than a CEO'S

@aroncarvajal7080 says:

Hi do you believe in second chances?

@fastrivers812 says:

The video spoke about getting counseled by your wife, as he put it, the better half. I want to caution others about this advice. I'm in my late 40s, been married for over 20 years. My wife has squashed many of my dreams because she was never willing to adjust and make a sacrifice. She wanted everything handed to her. One time I wanted to buy a 4-plex apartment where we coul'ved live in one, rent out the other three while I was still working as a professional. Her answer was, "No, I don't want to live in an apartment". Even though it would've been rent-free and had great income potential, it was no. I have example after example of this. She decided to be a stay-at-home mom and then wanted to homeschool our kids. Likewise, she stated that she couldn't help out financially so I was forced to work two jobs at a time to pick up the pace. You really need a partner in life, not an anchor.
.
I say that to say this. Your "better" half is not always the best place for advice. I relented on many of my dreams because I'm a people pleaser and some of you out there are the same way. I'm going through a divorce right now and if I had it to do all over again, 1) I would've found someone that had the same ambition and entrepreneurial and adventurous spirit that I have and 2) I would've found mentors for guidance so I could have others to bounce ideas off of and 3) For those dreams I wanted to pursue, I should've pursued them at full force.

@trenchfighter0369 says:

When people say "I wish I knew then what I know now" this is the information that they are talking about. I am not a craftsman, nor am I in the trades. I started watching this channel because I was renovating my home. I don't care if the videos are about roofing or lumber, if you listen closely and analyze what is being said, you will find valuable life lessons in every video. This is one of the best channels on Youtube.

@unikornkontroller says:

Self-employed for 12+ years in a different industry but the same rules apply. It's scary jumping into it but what really helped was having a nest egg. It allows you to ride out the inevitable slow times and I believe not having one is one of the top contributors that pushes people back to being an employee. You can be the most talented whatever but if you're paycheck to paycheck then survival instincts will kick in and you'll forever be an employee.

@moffettfpv5616 says:

I attempted subcontracting as a licensed plumber and it was very tough. The grass wasn't necessarily greener, but I learned a great deal about myself. Any advice that I could add would be to make sure you possess strong leadership capabilities.

@nohandle196 says:

Can you get to the point?

@MS-uu8xg says:

I needed this. Thank you. I work a high level position in a large national home builder and have been thinking about going out on my own. Good perspectives

@JamesSmith-gk8sz says:

Legitimate tips to keep you from being homeless if self employment is your goal:

1.) take a number of small business courses. Failing to adhere to safety codes, doing taxes correctly, having the right licenses….learning what your business needs to be legal is arguably the most important.

2.) start up money – all the ambition in the world is great, but not having enough capitol to advertise, gather supplies, pay a work force, get insurance….forget it. You’ll never take off without honestly assessing what it will cost to start.

3.) You have to love it – loving money versus loving what you do are entirely different things. You will not survive the breakdowns, struggles, and disasters unless you genuinely love what you do which will fuel you through the dry seasons.

4.) DO NOT TELL ANYONE you’re thinking of quitting before you’re locked and loaded. Most companies in America today called “at will” companies. This means they can fire you, at will, for no reason whatsoever.
If you let even a hint of your future plans slip to the wrong person, they could fire you on the spot because perhaps, they were waiting to downsize their department anyway and you’ve given them all they need.
Now you’re screwed out of a job possibly months ahead of when you needed to be.

5.) call, email, talk to, harass, and bother others who do what you’re doing for advice on how to do it and what pitfalls to avoid.
You could save your family’s financial future by asking around if there’s even a market for what you want to do; if the answer is “no the river is drying up”, you can hang on another year until it’s full again and save yourself a ton of trouble.

6.) get a smart phone and download all the handyman and contractor apps that will make your life easier.
Can’t begin to tell you how many old farts I know who refuse to embrace technology and are being run out of business by people with half the skill but three times the internet presence.
Trash the flip phone and open the world of opportunity with an iPhone or android.

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