Should I Work For Myself? - Business Principles 102 - #106

**Chris Williamson** (0:00)
Oh, yes. Hello, people of Podcast Land. Welcome back to Modern Wisdom. It is Business Principles 102 Fast becoming my favorite series that we've ever done. Don't tell life hacks. And also landed in the top 50 worldwide on Apple Podcast Chart last time we released the first one. So got big hopes for this. And today we are talking about should I go and work for myself? It's a question that we get asked all the time. All of us are self-employed and you get sang this tale, man. You hear the story, the Gary Vee hustle and grind, like go and get after it, make your own company. It's never been easier. The best time to start was 10 years ago. The second best time is now. All that sort of stuff. It's a very pervasive narrative that's going through the world. You can start your own business and be successful, but should you?
That's the question that we go through today. So expect to hear our opinions on the debate between self-employment and typical employment. We do a really cool mental experiment that I've done with a number of friends that you might be able to do as well, which should illuminate whether or not it's time for you to ditch your job and go make it on your own. You'll also get to hear the reasons why Jonny and Yusef left high-paying graduate schemes to go and become men who sell fitness on the internet. So, yes, I really hope that this helps a lot of you. I hate the idea of people loathing the thing that they spend eight hours a day doing. So if you have any further questions or you want some more advice, you know where we are. Get in the comments on YouTube or message me wherever you follow me. Also, this episode is brought to you by SewRight. It's a fantastic sew-ass manipulation tool. All that you have to do is leave Modern Wisdom a review wherever you are listening, whether that be iTunes, Stitcher or elsewhere, and I'll choose two people to win a free SewRight. Also, if you've already left us a review, you will be automatically entered. But for now, it is business principles time. Let's go.
I'm joined by Jonny and Yusef from propanefitness.com. Business Principles 102, 102 Did so good, did so good on the last one. Done gone, gonna do it again.

**Yusef** (2:33)
Do another one, gonna do another one.

**Chris Williamson** (2:35)
Was one of our most popular new episodes that we've released in a while. Went down super, super well. And this episode is brought to you by So Right. If you haven't seen one of these before, Joe Rogan and David Goggins went on about it for ages on their podcast together and it shut their website down. So there's a business principle for you. Make sure you've got enough server space that if Joe Rogan and David Goggins start talking about your product, doesn't break.

**Jonny** (3:03)
Be ready.

**Chris Williamson** (3:04)
Be ready. So it is a SOAS manipulation tool. If you sit down at a desk all day, we are talking business principles. If you sit down at a desk all day, you will have a tight SOAS. I'm right in saying it's the only muscle which actually connects the trunk to the spine. Is that right? Or one of the primary muscles that does it. So it gets tight when you sit down. That helps to relieve it. We've all got one and we've been using it pretty regularly. It does help when you've been sat cranking out a big long day in the office and to relieve things. So all that you need to do, leave us a review on iTunes or wherever you are listening and I'll pick someone to win.

**Yusef** (3:37)
Sorry, it's not the only muscle that can actually trunk to the spine. It's the only muscle that crosses the pelvis.

**Chris Williamson** (3:43)
The connective. Yeah, thank you very much. There we go. Well, a little bit.

**Jonny** (3:47)
I think it's a filet mignon on a cow.

**Chris Williamson** (3:50)
That's interesting, so you can eat, so if I cook you. If I cook you.

**Yusef** (3:54)
After using the so right, then it would be more tender.

**Chris Williamson** (3:57)
Lovely.

**Jonny** (3:57)
It's not load-bearing in a cow, which is why it's so tender.

**Chris Williamson** (4:00)
Interesting. So business principles, one or two. We talked about a lot last time. We talked about our sort of Genesis stories for business, about how we got started, about how useless a university degree is when it comes to running a business. So one of the main questions that we get asked a lot is when someone should make the decision about whether or not to leave their current employment and take the big leap into being self-employed. Yeah. Pulling that pin. You started to talk about your decision when you were sat on a couch that I no longer have.