In line with the changes from the pandemic, a growing number of millennials are self-employed, with 44% of them participating in freelance work. Self-employment in many industries is rising as more individuals shift to being their bosses due to the flexibility of hours and work location, a wide range of hobbies and skill sets, and a desire to make more money. More and more people are leaving their employment to discover how much money they can generate on their own.
As a salaried employee, your earnings are limited unless your firm offers performance-based bonuses. However, when you manage your show, the only limitation on your earning potential is your ambition and market demand. As a result, many professionals are chasing their financial goals and believing in themselves.