10 Profitable Jobs Where You Can Be Your Own Boss

A mean dinosaur representing a big boss

If you don’t like your boss, you might consider going the freelance route | Thinkstock

Work is called “work” for a reason. When we arrive each day, we have various stresses to deal with, ranging from malfunctioning equipment, to angry customers, to a grumpy co-worker (or a controlling boss).

Now, there’s no possible way to eliminate every source of stress from a work environment. If it’s not one thing, it’s another. But if you’re the type of person who works much better independently, and you have trouble acting on someone else’s orders, finding a job where you can be your own boss may not be a bad idea.

According to the most recent data from the Bureau of Labor Statistics, more than 14 million workers in the United States are self-employed. Many of them are freelancers, consultants, or contractors, meaning they perform work on a job-to-job basis for large businesses or for smaller clients. Other self-employed workers run their own small operations selling products or services to consumers.

Of course, entrepreneurs generally face a higher risk than most freelancers or contractors. By investing large sums of money into an operation, or incurring large business expenses, they often put everything on the line. All self-employment situations, however, come with associated risks, even if that risk is stability related.

In spite of this uncertainty, you can still be financially stable. By compiling data from the BLS, we’ve created a list for you of 10 jobs that’ll allow you to be your own boss with little to no upfront investment. The No. 10 job earns a median wage of over $83,000.

1. Administrative work

Woman works on her tablet in a coffee shop

If you have administrative skills, you might enjoy working as a virtual assistant | iStock.com/Kladyk

Typical pay: The hourly pay for self-employed assistants (including virtual) ranges between minimum wage and upward of $30, depending on the client and the job’s requirements.

Upfront costs: Upfront costs associated with this type of position usually consist of a computer, internet and telephone service, and basic office supplies.

Requirements: Education requirements vary depending on the client. Generally, assistants will need at least a high school diploma or its equivalent. Experience as a secretary or an administrative assistant is a plus. Those looking to complete freelance work in this field should have excellent data entry skills, as well as communication, writing, and organization skills. Some clients will prefer a contractor or freelancer who can accurately type a certain amount of words per minute.