myth #2 You will set your own hours and work less

Many people start their own businesses in order to have control over how many hours they work but contractors aren’t guaranteed to work less than employees. It is true that once you have established your business you can pursue contracts and projects that allow for more flexible hours and less overtime. There is not guarantee, however, that you will always be able to find such projects. Further, as the one who is solely responsible for every aspect of your business, people often find that they are required to work additional hours in order to establish and maintain their business.



MY TAKE: Personally I have chosen to take contracts with longer hours in past due to other considerations (experience, networking, higher rates, great location, etc…) however for the most part I have strived to find positions with flexible hours and little or no overtime. This has given me the freedom to pursue my own projects and spend more time with my family. This has required a lot of planning and budgeting and has generally led to lower annual incomes then I might otherwise earn however the improvement in my quality of life has made this more than worth it.

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