“You know you’re doing what you love when Sunday nights feel the same as Friday nights…”
– Donny Deutsch
Towards the end of the 20th century and well into the 21st, Keynes’ legacy still stands strong. According to the 2013 International Labour Organization report, the estimated global redundancy rate was at the time more than 6% of the world’s workforce, and no one could really say why.
In fact, a remarkable occurrence strengthened the oxymoron of the employment status within a globalized market: as the world advanced at an accelerating speed, employment became more and more insecure, and market expert commentators now debate on the effect of technological unemployment (loss of jobs caused by technological change), a concern Keynes had admitted as being a “new disease”.
As an escape from the sweltering state of unemployment, self-employment certainly carries a heavy toll, as the transition presents serious challenges that are to be met, perhaps the most important ones being, uncertainty, lack of security, and risk taking, pretty much in that order. However, in addition to the fact that this choice beats the alternative option (living on unemployment benefits), chances are that the experience will be much more than a way out: being your own boss will rebuild your self-esteem, and a bright new world of opportunity for self-fulfilment will arise. Success is then just a step and a heartbeat away. Don’t you think you owe yourself at least that much? I believe we all do.