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Coronavirus pandemic is a wakeup call to pursue self employment

I can tell you that being a freelance consultant is not a bed of roses, but neither is the other option of working for an employer, getting laid off, seeking work again, and living through ups and downs.  In fact, there are some big downsides to working for yourself: you have no help at all if clients do not hire you for no fault of yours (similar to a layoff in some ways, though, I appreciate the fact that CARES Act does offer some unemployment insurance but only during the 2020 pandemic).  You also have find your health insurance.

However, when I see my friends in jobs working very hard but no job guarantee, I find that they are no different than me.  In fact, if I do not have work, I do not have to pretend to be busy or go to work; I can simply sleep all day if I want or mow my lawn but in most cases I spend that time doing some sales and marketing.

I am hoping that at the end of the 2020 pandemic, companies will realize that they really don't need people to come in to work in most managerial jobs and that would be good for remote workers.  I expect many companies to outsource work to independent consultants and that is good for those of you who are willing to take the plunge into freelancing.  Give it a thought and free yourself from the cycle of job search and layoffs.