Securing independent work involves identifying opportunities, showcasing relevant skills, and establishing professional relationships. This path offers autonomy and flexibility but requires diligent effort in marketing oneself and managing administrative tasks. This type of employment differs from traditional employment structures, granting individuals more control over projects and schedules. A carpenter taking on renovation projects independently exemplifies this model.
Engaging in independent work can provide increased earning potential and diverse experience across different projects and industries. Historically, this type of work was associated with trades, but its prevalence has expanded significantly into various sectors with the rise of the gig economy. The benefit is the potential to specialize in a niche area or broaden one’s skill set. However, individuals are responsible for self-employment taxes and securing their own benefits packages.
