Updated: Mar 26, 2020
Today marks my 3rd anniversary of becoming independent. After nearly a decade in the corporate world, the 17/10/2016 was the day when the Ministry of Economy in Luxembourg approved my business license to perform consulting and commercial activities.
It has been an amazing journey so far; with its ups and downs, it has certainly a steep learning curve. I have held several C-level, director and management consulting positions, from strategy, marketing, sales, branding, market research, all the way to strategic consulting, interim management, CEO advisory and coaching.
Since it’s a third anniversary, I wanted to share 3 biggest differences that I experienced between corporate world and that of an independent entrepreneur:
Being able to schedule your day as you wish is one of the biggest and most discernable changes you’ll experience when becoming your own boss.
Depending on your rhythm and business engagements, you may choose to get up at a completely different time, avoid the morning commute, and choose only the projects that really fit your skills, motivations and personality.
What is more, you can go to the gym, play tennis, learn a language or run errands at any time of the day, while most of your friends are stuck in the office.
Having said that, the hours will still be significant, especially in the beginning and while pitching for new projects. Multiple time zones only add to the challenge. Disconnecting becomes even more difficult as you cannot simply log-off at 6pm.
Discipline and time management are key to survive and thrive. Some people need the structure of office hours and the physical location where they perform work, whereas others feel at their best being a location-independent digital nomad. Again, up to you to decide which one is best for you – just don’t expect work to land on your lap or a colleague to take it off your back!