Reply to How Much of a Paycut Would You Take To Be Able To Work For Yourself?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's the net pay that's important, not the gross.  Think about all of your business expenses - now double that figure because you have to pay your own self employment taxes too.  PLUS, you might have to find your own expensive health insurance.[/quote]

Obamacare is going to change this! Yea! I can't wait until I can buy affordable health insurance and go out on my own.

I have little tolerance for office politics, I don't like rules or stupid people telling me what to do and how to do it. I've managed to stay employed so far, but I'm putting together a business plan, and as soon as I save up enough of a cushion, I'm outta here! I don't care if I make less money. I am not risk averse, nor am I a worker bee, nor am I a person who likes the security and safety of a structure where everyone knows what's expected of them.

I want freedom! And I'm going to get it. I'll take a pay cut for a while, but expect I'll make more money, a lot more, in time. Thank God Obama won!! I can't wait until I'm in the top 1% and have to pay more taxes!![/quote]

I work professionally with a lot of people who work for themselves. One word of advice:  don't spend TOO much time on that business plan. What I mean is, some people use working on and perfecting a business plan as a reason to delay going on their own. One client told me his business plan was his first contract with a customer (a builder). Several have told me they had everything set down in their business plan, then got a huge client and the plan went out the window - the plan they envisioned never realized, but a better plan came about in reality.

Not saying go into it wild eyed, just don't use "working on the plan" as a crutch that keeps you working for the man. [/quote]

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