Understanding the defining components of self-employment: a brief snapshot of opportunities and challenges

What is a defining feature of self-employment?

Receiving a steady paycheck from a company each month

Working independently and earning income without being employed by an organization

Only working in creative industries like photography and design

Which of the following is a benefit of self-employment?

Guaranteed income every month

Freedom to choose projects and clients

Reduced responsibility for managing the business

Why is personal branding important for self-employed individuals?

It helps create trust and attract clients

It ensures steady work hours each week

It eliminates the need for marketing efforts

What is a common challenge faced by self-employed individuals?

Limited flexibility in choosing clients

Managing financial instability and income fluctuations

Being required to work fixed hours

How can self-employed individuals maintain a healthy work-life balance?

Prioritize tasks, schedule breaks, and set boundaries

Work continuously to meet all client demands

Avoid networking and focus only on project work