#106 - Business Principles 102 - Should I Work For Myself?
Modern Wisdom
Chris Williamson
4.7 • 4.6K Ratings
🗓️ 26 September 2019
⏱️ 75 minutes
🧾️ Download transcript
Summary
Jonny & Yusef from PropaneFitness.com join me for another Business Principles episode.
Today we're talking about one of the questions we're most commonly asked - should you take the plunge into self employment. Being your own boss sounds fantastic, but what's the reality of your income being completely in your own hands?
Expect to learn our favourite mental exercise for working out the true salary of your job, why Jonny & Yusef left high paying graduate jobs to pursue their passions, what sort of personality types are not built for self-employment and whether we believe everyone can find a job they enjoy.
This episode is brought to you by https://pso-rite.com - if you're sitting at a desk all day, this product may be a fantastic addition to your routine to reduce psoas tension.
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Transcript
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| 0:00.0 | Oh yes, hello people of Podcastland, welcome back to Modern Wisdom, it is Business Principles |
| 0:06.6 | 102. Fast becoming my favourite series that we've ever done, don't tell life hacks, |
| 0:13.1 | and also landed in the top 50 worldwide on Apple Podcast chart last time we released the |
| 0:17.8 | first one. So got big hopes for this, and today we are talking about should I go and |
| 0:24.8 | work for myself. It's a question that we get asked all the time, all of us are self-employed, |
| 0:30.2 | and you get sang this tale man, you hear the story, the Gary V. Hustle and Grind, like go and get |
| 0:38.4 | after it, make your own company, it's never been easier, the best time to start was 10 years ago, |
| 0:43.6 | the second best time is now, all that sort of stuff, it's a very pervasive narrative that's |
| 0:50.4 | going through the world, you can start your own business and be successful, but should you? |
| 0:56.8 | That's the question that we go through today, so expect to hear our opinions on the debate |
| 1:02.9 | between self-employment and typical employment. We do a really cool mental experiment that I've |
| 1:08.8 | done with a number of friends that you might be able to do as well, which should illuminate whether |
| 1:13.6 | or not it's time for you to ditch your job and go make it on your own. You'll also get to hear |
| 1:19.4 | the reasons why Junior New Siff left high-paying graduate schemes to go and become men who |
| 1:24.1 | sell fitness on the internet. So yes, I really hope that this helps a lot of you. I hate the idea of |
| 1:30.5 | people loathing the thing that they spend eight hours a day doing, so if you have any further |
| 1:36.1 | questions or you want some more advice, you know where we are, get in the comments on YouTube or |
| 1:39.7 | message me wherever you follow me. Also, this episode is brought to you by Soulrite, it's a fantastic, |
| 1:45.2 | so-ass manipulation tool. All that you have to do is leave Modern Wisdom Review wherever you |
| 1:49.6 | are listening, whether that be iTunes, Stitcher or elsewhere, and I'll choose two people to win a |
| 1:55.2 | free Soulrite. And also, if you've already left us a review, you will be automatically entered, |
| 2:00.0 | but for now, it is Business Principles time. Let's go. |
... |
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