3 ms·
Absolutely, but the more specialised, the more likely your skill is one part of a much bigger structure and therefore you're less likely to be able to leverage
by ryanjshaw 3y ago
Absolutely, but the more specialised, the more likely your skill is one part of a much bigger structure and therefore you're less likely to be able to leverage it as a solo entrepreneur.
For example, you spend 15 years becoming a lead engineer for a vehicle manufacturer. But there's very few ways you can then that into a solo business, other than consulting (which is no longer the same work).
- varispeed 3y agoMany countries - like UK - have restricted consulting type of business, where it's not possible to make profit, as consulting engagement has to be taxed as deemed employment, even if it is a legitimate business, when service is provided by the owner of the company. Pulling the ladders etc.