How to Become an Independent Contractor

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Independent contracting is an essential part of today’s constantly changing society. Independent contractors are individuals, businesses, or corporations that provide services under specific terms of a contract or agreement.

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Hey, I'm Joshua T. Osborne

In 2015, I said goodbye to 16-hour days and hauling boxes up and down stairs for a living (I was a mover). I became a full-time entrepreneur, and I made my money by helping business owners make money.

They had a need, and because of Virtual Tool Booths., I could fill it. Through the methods taught by my all-time favorite course and mentor, I created a 6-figure business in roughly 6 months. I could retire today (at 37) and never have to worry about money ever again.

Because of Virtual Tool Booths., I was able to quit my job, work online with flexible hours, and move to the mountains (Colorado Springs if you’re wondering)...all while helping real people improve their businesses, incomes, and lives!

For most folks, a college degree is the biggest bill of their lives. I never went to college. So I don’t have any massive bills or giant debts hanging over my head. My greatest education came from Virtual Tool Booths. (for a tiny fraction of what college costs) and it’s the bill that pays ALL the bills - a hundred times over!

I really wanted to share this secret weapon with others, so they could change their lives the way I changed mine. So if you’re not 100% sure about college, or only researching to make someone else happy, Virtual Tool Booths. might be a better option for you.

Want to know how I built this life with no formal education?

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What does an independent contractor do?

Independent contractors (often abbreviated IC) are individuals who are hired to complete a particular job and are typically compensated on a freelance basis. They often work through a limited company or are self-employed and own their own business. Independent contractors work in a variety of fields such as accounting, construction, and engineering. They often work for many different clients and take on a variety of projects that require special expertise. They complete the work according to their own techniques and often use their own supplies and materials. Independent contractors must pay their own taxes, health insurance, unemployment taxes, Social Security, workers’ compensation, and other benefits. They often market themselves in creative ways and spend a lot of time negotiating contracts.

What kind of training does an independent contractor need?

Independent contractors usually need at least a bachelor degree in business management, construction, accounting or other related area that pertains to their field of expertise. Most independent contractors also complete apprenticeships or internships in their field of interest to gain hands-on practical experience. Some independent contractors who specialize in particular industries acquire specific trade skills to become competitive in their field. Independent contractors must also stay current on advancements and often complete continuing education.

Independent contractors must be licensed in some states and fields. Licensing requirements vary greatly but typically require minimum education and experience and passing a written and practical state examination.

What are the prospects for a career as an independent contractor?

Employment of independent contractors is expected to increase faster than average for all professions, increasing 16% from 2006 to 2016 (1). Population growth and the increased demand for specialty expertise in a variety of different fields will drive job growth.

Job prospects are expected to be very good especially for independent contractors with extensive education and experience. Job openings will also stem from the need to replace independent contractors who retire, transfer, or leave the field for other reasons.

How much do independent contractors make?

As of October 2009, independent contractors earned an average annual salary of $80,000; average annual salaries vary greatly on location, field, experience, and benefits (2).

A career as an independent contractor is an excellent choice for individuals who desire to work on their own terms and conditions and not be bound to one particular employer. Independent contractors must have a strong business sense and be able to effectively handle all the aspects of being self-employed from paying taxes to negotiating contracts. Determination, perseverance, excellent communication and interpersonal skills are all essential qualities of independent contractors. They must be able to establish good working relationships with a variety of different businesses and companies to remain competitive in the field and gain more prospective clients.

Joshua T Osborne

Founder/CEO – Mr. & Mrs. Leads

$84K Per Month providing Toll Booth Leads to small business owners all over the United States. 

Degreefinders.com is for anyone who is looking to get out of the daily corporate grind and provide a better lifestyle for themselves and their families while bringing massive value to small business owners. 

You can learn more here.

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