The Job Hunting Podcast

Working for Yourself vs Working for a Company: My Personal Experience and Recommendations (Ep 137)


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I get asked a lot by my clients what it's like to work for myself. We also discuss this option when working on the client's future goals and career plans. So, in this episode, I wanted to share with you my experience working for myself since 2019, compared with my previous experience being an employee from 2002 until the end of 2018.

Before 2002, I also had my own business from 1993 until 2000 and took a year to study in 2001. You can learn more about my career story by watching or listening to episode number 62 of the Job Hunting Podcast. I have also recorded an episode on how to transition from a corporate job to being a business owner. But this episode is different: it's a comparison of the two different work types and lifestyles. Also important to note as you listen to this episode is that I am in Australia. So wherever you are in the world, you may need to translate some of these concepts to your local terminology, especially if it has to do with tax benefits.

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Timestamps to guide your listening:

Reasons to love working for myself:

  • 21:50 - I'm my own boss
  • 24:13 - You can earn more money
  • 28:22 - Flexibility and balance
  • 30:33 - I am happier
  • 32:08 - I spend less
  • 33:33 - I am entrepreneurial
  • 34:04 - It can be more financially secure than having a job
  • 38:21 - Potential tax savings

Advantages of working for a company:

  • 39:52 - Regular paychecks
  • 40:31 - You can focus on what you do best
  • 41:15 - Teamwork
  • 42:52 - Pay package and benefits
  • 44:13 - Regular working hours.
  • 45:15 - Opportunities only available in your sector

Links mentioned in this episode:

  • Subscribe to my newsletter
  • Episode 62 - From immigrant to CEO
  • Episode 79 - Ten Tips on How to Make the Transition From Corporate Job to Business Owner
  • Join my Facebook Group - it’s free!
  • Follow me on Instagram and LinkedIn
  • Register for an Australian business number (ABN)
  • Episode 78 - Portfolio career: What is it, and is it for you? - featuring Jacinta Whelan

About the host, Renata Bernarde

Hello, I'm Renata Bernarde, the Host of The Job Hunting Podcast. I'm also an executive coach, job-hunting expert, and career strategist. I teach corporate, non-profit, and public professionals the steps and frameworks to help them find great jobs, change, and advance their careers with confidence and less stress. 

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