Turning point
Today is a turning point I believe in my career. This morning I was chatting to a friend and another workmate in the kitchen and telling them about the snag I've hit in relation to the study of the Diploma of Remedial Massage. My workmate then said "You have to think about yourself first, not about this company. Do what's right for you". He then suggested that I consider the possibility of studying full time in order to fast track my transition. My instant reaction was "but I have a mortgage, etc" and he basically said "well you can work on the side - consider whether it's feasible to work for this company but in a contracting role and narrow the scope of the work you currently do". As soon as he said that, I started to seriously think about it, and if you know me, I start thinking about everything I will need to do in order to make that possibility a reality.
So first thing was to email my former boss (who coincidentally came over last night for a massage) to see whether it was feasible that I worked through his firm as a contractor and leverage off his insurances, etc and do my work for the company. The answer that came back pretty quickly was a yes.
Next thing I did was emailed my lovely friend who happens to be a financial controller, and asked her to help me with figuring out my minimum salary I would require in order to pay off the necessities on a monthly basis, save a bit and have some money to use for whatever. After a couple of emails and me populating a spreadsheet with my monthly expenses, we figured out what my minimum salary would have to be.
After that I received a phone call from the course advisor, and she confirmed that, whilst everything was up in the air in terms of the diploma fee, the timetable, the subjects, etc, studying online just wouldn't be an option given the position of the health insurance providers. She's going to contact me in the next month or so once the details are confirmed but that information basically said to me that I had no choice but to study on campus - and the choice would be whether I wanted it full time or part time. Of course in the meantime I'm crafting up a business proposition for the company to keep me on their books as a contractor when I choose to leave.
To be honest, part time isn't an option. I thought it was, but quite frankly, I can't see myself dragging out my studies for another 2 years. I'm too impatient for that. It appears that full time is the option for me.
So after all that thinking, the next steps are for me to reach out to a couple of my friends who are "self employed" and to understand what it takes to run their own business, from payroll tax, worker's comp, any other insurances, superannuation, etc. As a lawyer I understand from a legal perspective the steps to set up a company (i.e. incorporate a company, get an ABN for GST purposes, etc etc) but how the company "operates" on a day to day basis and how I myself will get funded is a different story. Luckily for me, I have a number of resources I can ask for this information, and that's exactly what I have been doing!
How does it feel? Funnily enough, I'm not panicking or hyperventilating. In fact, I'm pretty calm, and just trying to logically figure out what I need to know before I make the jump. The feeling is pretty much similar to when I made the decision to actually go down this healing path in the first place, so I know I'll be OK.
P.S Remember that message my psychic gave me about something happening in November that will force my hand? This is it.
So first thing was to email my former boss (who coincidentally came over last night for a massage) to see whether it was feasible that I worked through his firm as a contractor and leverage off his insurances, etc and do my work for the company. The answer that came back pretty quickly was a yes.
Next thing I did was emailed my lovely friend who happens to be a financial controller, and asked her to help me with figuring out my minimum salary I would require in order to pay off the necessities on a monthly basis, save a bit and have some money to use for whatever. After a couple of emails and me populating a spreadsheet with my monthly expenses, we figured out what my minimum salary would have to be.
After that I received a phone call from the course advisor, and she confirmed that, whilst everything was up in the air in terms of the diploma fee, the timetable, the subjects, etc, studying online just wouldn't be an option given the position of the health insurance providers. She's going to contact me in the next month or so once the details are confirmed but that information basically said to me that I had no choice but to study on campus - and the choice would be whether I wanted it full time or part time. Of course in the meantime I'm crafting up a business proposition for the company to keep me on their books as a contractor when I choose to leave.
To be honest, part time isn't an option. I thought it was, but quite frankly, I can't see myself dragging out my studies for another 2 years. I'm too impatient for that. It appears that full time is the option for me.
So after all that thinking, the next steps are for me to reach out to a couple of my friends who are "self employed" and to understand what it takes to run their own business, from payroll tax, worker's comp, any other insurances, superannuation, etc. As a lawyer I understand from a legal perspective the steps to set up a company (i.e. incorporate a company, get an ABN for GST purposes, etc etc) but how the company "operates" on a day to day basis and how I myself will get funded is a different story. Luckily for me, I have a number of resources I can ask for this information, and that's exactly what I have been doing!
How does it feel? Funnily enough, I'm not panicking or hyperventilating. In fact, I'm pretty calm, and just trying to logically figure out what I need to know before I make the jump. The feeling is pretty much similar to when I made the decision to actually go down this healing path in the first place, so I know I'll be OK.
P.S Remember that message my psychic gave me about something happening in November that will force my hand? This is it.