Becoming Self-Employed: Making a Living Without a Job and Living the Life You Love

Regardless of the economy, becoming self-employed appeals to many people. Even people who are currently employed often dream about quitting their job and working as their own boss.

The problem is that many employees are not fulfilled in their jobs. Most workers are often stressed out. Some are burned out and very unhappy.

What's even worse is that having a job is no longer as secure as it used to be.

Remember the stock market crash in 2000? Millions of people lost their jobs during that terrible time. During the most recent housing market crash and global economic meltdown, millions of people lost their jobs again.

For people who are still unemployed or under-employed after many months or years of looking for a job, making a living without a job can be a lifesaver. Unemployment can have devastating effects on mental and physical health.

Clearly, the best way to have a secure future is to build financial independence for yourself and your loved ones. By becoming self-employed and building your own wealth, you can take charge of your own economic recovery and financial security.

In addition to financial rewards, self-employment has many psychological benefits:

• You can take some time off whenever you want -- for as long as you want.
• You can stop dealing with office politics.
• You can stop commuting to work and avoid dealing with traffic jams.
• You can achieve work-life balance and spend more time with your loved ones.
• You can get out of the 9-5 rat race and reduce your stress.

“No matter what you do in the rat race, success is not guaranteed, but if you do nothing... failure is.” ~ Paul Ulasien, author of The Corporate Rat Race: The Rats Are Winning."

What can be far more important than financial and psychological rewards are the life-saving health benefits associated with self-employment. Becoming self-employed can dramatically reduce your stress and your risk for heart disease as well as other stress-related diseases.

Did you know that there is an increased incidence of a heart attack in the morning hours? The highest incidence of heart attack onset occurs from 6 am to noon. At 9 am -- when it peaks -- there's a three-fold increase in the frequency of heart attacks compared with the lowest frequency which occurs at 11 pm.

Is it just coincidence that most heart attacks occur when most people are starting their workday at 9 am? Maybe it is, but studies have shown that daily stressors in life can have a profound effect on the heart -- sometimes with deadly consequences.

Many of the risk factors for heart disease can be modified; so, many heart attacks can be prevented by living a healthy lifestyle.

Compared to traditional employment, self-employment offers greater flexibility in terms of work hours. This flexibility can lead to more free time as well as better quality of time available to spend with loved ones. In turn, this can lead to more meaningful relationships and greater happiness.

Even if you don't make a fortune as an entrepreneur, it can bring enough financial abundance to achieve contentment as well as freedom from financial stress and worry.

The emotional freedom you can get with self-employment coupled with financial and spiritual abundance can help you live a happier, healthier and richer, more satisfying life.

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