No. of Recommendations: 17
I'm in this boat and frankly, I don't worry about it and see it as a net positive thing for individuals and the economy. It allows flexibility and avoids being tied to one company.

The first paragraph says it all:
Today, in his third start-up, he has one employee: himself, aided by seven contractors working more or less part time.

I do the same - I hire a lot of contractors. I sometimes have hired employees - and I do both - but I find it's easier for me to manage hiring contractors than employees. I am also a contractor. I have a lot of friends also who work much as I do.

I would much, much, much, MUCH rather have several clients I support on a PT basis as a contractor than be in-house at any of them. First of all - it's far more lucrative for me. And secondly, it gives me flexibility. And unexpectedly I found when making the change, it also gives me much more mental equilibrium than I used to have as a middle-to-iupper level manager at a big company. I do not care much about internal politics at the companies I support, as I am not dependent on it. I mean - sure I am dependent on it financially - but the crazy overheated rumor mill (and the waste of time that are annual reviews) sail cleanly over my head most of the time and leave me alone.

Until last year I didn't show up anywhere on the workforce statistics. Now, as an S-Corp employee, I do. But there has been no real change to my work life or economic contribution. I was no less stable before and am no more stable now. This idea that only employees indicate stability is outdated in my opinion.

Really, the only big negative I can see is that this country has the oddity of people being dependent on their employer for health insurance, and it is harder and more expensive to get it on your own. But aside from tat? It's all upside as far as I am concerned to be a non-employee working PT.
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