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Last Updated on August 5, 2024 by Work In My Pajamas
Are you tired of working an eight-hour regular job? Or perhaps you are fed up with the bossy nature of the manager at work. You are not alone but among the large pool of individuals who have to put up with work.
Work is work for a reason. Every day, there are myriad of stresses to endure, ranging from faulty office equipment, grumpy clients and colleagues who never cease to whine. While there is not much that one can do to avoid work-related stress, there are alternative occupations that can equally surmount the yearn for autonomy in your work environment. Identifying a job that offers the freedom of independence is perhaps the only resort to achieve that.
Research by Bureau of Labor Statistics unveils that self-employment is becoming an integral part of U.S economy. In 2015, the total number of self-employed Americans was 15 million. This figure is equal to 10% of the total population. Continually, eight of the highly rated jobs for persons who want to be self-employed are the centered in the Real Estate industry and skilled-trade industries.
On another token, entrepreneurship involves high financial risks, for an entrepreneur puts virtually every bit of his last resources on the line. Amid all the uncertainty, you can still become your own boss, with a stable income. Here is a list of jobs that can equally offer you financial stability as you enjoy independence.
In This Post:
1. Real Estate Agent
Typical Pay
The annual income of becoming a real estate agent ranges between $50,000 and $111,000 depending on the type of property and the target market segment. Real estate experts work on commissions. Therefore, the more property you sell, the more the income
Upfront Costs
To comfortably work as a real estate agent, you need to incur the cost of acquiring a trading license ($350), yearly membership fee payable to the National Association of Realtors ($200+) and cell phone, computer, internet connection office supplies and technological tools.
Requirements
Pre-licensing training program is necessary, and any aspiring real estate agent must go through an accredited real estate school. Further, an apprenticeship program to acquire enough experience.
2. Insurance Agent
Typical Pay
An entry level insurance agent earns an average income of about $32,000. That’s according to Payscale.com. An agent with career experience of a little more than five years earns $38,000 while an experienced agent earns more than $43,000.
Upfront Costs
For flawless business, independent insurance agents need a cell phone and an active business line, and the internet.
Requirements
Individuals can qualify to be real estate agents with only a high school diploma. However, one ought to fully complete a career training program for them to acquire a license. Additionally, the trading license is subject to yearly renewals and by the completion of a continuing education program.
3. Interior Design
Typical Pay
According to Payscale sources, the average annual earnings of an interior designer is $47,000. With the high-end salary of $70,000 and a minimum of $31,000, an experienced interior designer can receive almost $6,000 as bonuses and $8,000 from profit shares.
Upfront Costs
Marketing expenses and a functional office environment. That includes a computer, software and hardware apps. Furthermore, one needs to incur the cost of education and training.
Requirements
Qualifications vary depending on the location and the target clientele. The Bureau of Labor Statistics requires an interior designer to at least hold a college degree certificate and a valid trading license. In states where the title “interior designer” is prohibited, only individuals who pass a written exam by the National Council for Interior Designer Qualification can acquire the title.
4. Event Organizing
Typical Pay
The BLS estimates that event planners earn about $22.00 per hour of service, which translates to about $45,800. The estimates also point out that the prestigious earners in this career line work majorly with enterprises, experts, labor and political agencies.
Upfront Costs
The United States Department of Education has set a standard fee for a four-year event planning course at $15K annually. A pre-certification program fee of between $15K and $25K, though the cost varies, depending on the institution.
Requirements
As per Study.com, a Bachelor’s degree in Hospitality, catering, PR, communications or any other field related to the career. Degree holders also need to acquire a certificate in event planning and management.
5. Shave Ice Stand Owner
Typical Pay
According to Shaved Ice website the daily sales of a snow cone business is about $100 to $2,000, although it depends on factors such as location, company history and the length of your high season.
Upfront Cost
Franchising the business commands a startup fee of about $100,000, and a membership fee of approximately $15,000. Membership is renewed yearly at an estimated fee of $3,000 annually. Other costs include equipment and supply costs.
Requirements
Snow cone vendors need to obtain a trading license and a health certificate from the relevant state authorities.
There are countless advantages of assuming a job that offers the autonomy in administration and management. Despite the financial implication of starting up an independent career, becoming your own boss is the best idea, for it provides financial stability and less work-related challenges of a typical eight-hour job.
