While in South Africa, the conventional work week is still very much the norm. There is a movement towards no longer working the typical work week. The Alberta careers website has sound advice on how to be on the forefront of that trend.
If your salary isn’t increasing in proportion to your expenses, and your attempts at getting a raise or promotion have been futile, you may be considering seeking new opportunities elsewhere. Or perhaps being desk-bound just isn’t working for you anymore. We’ve got a few options for you to consider.
The idea of clocking in and out of the office at a certain time, having the same earning potential throughout at least a 12-month period – when anything around you can affect your standard of living – and seemingly impossible deadlines loom during what you’re sure must be the worst week of your life, is quickly becoming optional. In other words, there is hope.
Having a single employer, working nine-to-five, five days a week is fast turning into a thing of the past. And the best part is that it’ll affect your earning potential – positively. As the global economy, the traditional work week and swiftly evolving technology continue to shaping how we work, consider earning a living non-traditionally.
Become a consultant to control your workflow
Are you looking for a way to regulate your income, workload and not report to one boss? Consulting may be for you. It involves completion of specific tasks, within particular time-frames, on numerous projects for quite a few clients.
The variety, flexibility and independence of consulting make it ideal as a side hustle or a part-time job for lifestyle reasons. However, the continuous pressure to acquire new projects and clients can be stressful, especially during quiet months.
Consulting can be lucrative if you bill by the hour and your invoices are submitted on time to clients, so you receive timeous payment, but it also comes with long hours, a lot of admin and unstable income.
Run your business as a one-man-show
Similar to consulting, but different in that it’s a mostly home-based operation, self-employment offers you the flexibility of choosing the type of work you do, where it’s done and when. Your marketing and delivery services or products are run by just you.
This option requires you to have a constant flow of clients for your business, which then results in long hours. The financial investment is often disproportionate to the income you’ll receive initially. Besides losing the benefits of working in a big company, such as pension and medical aid, you’ll have to familiarise yourself with admin like tax and bookkeeping.
Join forces with professionals in related fields
Talent pooling lessens the load, but multiplied the amount of work available. By offering services or products in collaboration with a group of other self-employed people within your field, but with different talents or offering, you create a talent pool whose members offer direct opportunities to each other.
In this pool, the members provide services for one another’s clients. If you’re say, a wedding planner who is part of a talent pool with a caterer, a photographer and a florist. This would then enable specialisation, minimising the time spent searching for work, whilst creating opportunities. However, without good teamwork skills, your success – and earning potential – could be limited.
Transition from employee to employer
You may have been consulting while you were working full-time and now your business has grown enough for you to move from a self-employed person to hiring employees to join your business, making you an entrepreneur.
Entrepreneurship presents similar disadvantages and benefits as being self-employed, however, more skin in the game is required if you seek outside funding, you’ll have greater financial risk. As a business owner, you’re now also responsible for other people’s livelihoods. The biggest income potential, though, is found by selecting this option.
Times have changed, where we can now find various ways to work, without having to report to “the man”. If you are looking at pursuing more work options like this, this article is courtesy of Alis Alberta, visit there website for more.