The thought of being your own boss can be both exciting and intimidating, largely because starting your own business brings its own rewards and challenges.
The flexibility offered is a big bonus, but one area that can be a bit stressful is income since you aren’t necessarily guaranteed a paycheck like you are with a full-time employer.
If you want to avoid the worry that comes with trying to move beyond living paycheck to paycheck, consider one of these 15 high-paying jobs so you can also focus on building your business.
Instead of sitting around watching viral videos on YouTube, you could be getting paid actual cash taking surveys for InboxDollars instead. It's simple. You sign up here and confirm your email. Then you watch videos and take surveys. Then you earn cash (yes, actual cash … not "points"). Log in during your spare time and see how you can earn up to an extra $225 every month. BONUS: Free $5 when you sign up, confirm your email and phone. Sign up and start getting paid today
Get paid up to $225 a month while watching viral videos
Financial advisor
Median annual salary: $99,580
If you enjoy working with numbers, becoming a financial advisor can provide you with a lot of flexibility. Not only is there the opportunity to be your own boss, but you’ll also feel the satisfaction of helping clients work toward their long-term financial goals.
Whether you want to outline retirement plans or give investment advice, there are many opportunities to truly make this job your own.
Depending on your path, you may need to obtain special licenses and certifications. Be sure to check both federal and state requirements regarding your area of practice.
Psychologist
Median annual salary: $92,740
Some psychologists decide to open a private practice and find their own clients. As the owner of your own practice, you will still do much of the same work, such as identifying behavior patterns and helping patients navigate mental health issues.
The difference is that you’ll also be responsible for (or find someone to take care of) more administrative tasks, such as scheduling appointments and bookkeeping.
Web developer
Median annual salary: $92,750
Another job where you can be your own boss is a web developer. Web developers design, analyze, and maintain websites. Other tasks can include writing code, testing website applications, and monitoring website speed and traffic.
Although many web developers have a bachelor’s degree, it's possible to pursue the position without a college education.
Credit card debt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you can never make any progress because of the interest. National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.1 How to get National Debt Relief to help you resolve your debt: Sign up for a free debt assessment here. (Do not skip this step!) By signing up for a free assessment, National Debt Relief can assist you in settling your debt, but only if you schedule the assessment.Resolve $10,000 or more of your debt
Consultant
Median annual salary: $99,410
Sometimes referred to as a management analyst, a consultant’s job is to work with companies to help them identify problems and offer solutions so they can operate more efficiently.
A lot of the day-to-day tasks can be done remotely — like analyzing internal policies and procedures — which is what makes this a great opportunity to be your own boss.
Most management consultants have a bachelor’s degree in business or a related field, while obtaining an MBA usually offers someone a more competitive advantage.
Interior designer
Median annual salary: $62,510
There is a lot more to interior design than choosing color schemes and buying home decor, which is why this is another job that can potentially generate a lot of income if you choose to go on your own.
Interior designers usually need a bachelor’s degree from an accredited program and are proficient in AutoCAD.
It’s also helpful to narrow down a specialty for a better chance at success. Some specificities include residential interiors, sustainable design, or corporate offices.
When working for yourself, you will also need to develop a solid understanding of all project costs so that you can bid effectively.
Trending Stories
Physician
Median annual salary: $239,200
Depending on what you went to school for, there are many different routes to take if you want to become your own boss as a physician.
If you choose to open your own practice, you can not only have more control over your hours but also over what specific areas or ailments you choose to treat. This also provides you with more control over which patients you choose to see.
Keep in mind that this is one job that requires a lot more time and money upfront, specifically when it comes to education and residency.
Accountant
Median annual salary: $79,880
As a freelance accountant, you can choose what work you want to focus on and what clients you work with. The work you choose can depend on your individual clients’ needs or what interests you.
For instance, some accountants only prepare taxes, while others may help small business owners file the paperwork needed to stay compliant with all necessary laws and regulations.
Becoming an accountant requires a bachelor’s or master’s degree in accounting or a related field.
Real estate agent
Median annual salary: $56,620
A career in real estate has a lower barrier to entry than some of the other high-salary jobs on this list. Although the time can vary, you can complete the necessary courses and obtain your real estate license within four to six months.
Keep in mind that success as an agent largely depends on how many clients you can generate and maintain, which means you can expect to spend a lot of your time prospecting for and meeting with clients.
Your annual salary will also likely vary depending on the market and where you’re selling.
Technical writer
Median annual salary: $80,050
If you’re good at explaining complex processes, there’s the potential to earn a lot as a technical writer. Freelance technical writers work with companies to prepare documents such as how-to guides and instruction manuals.
What you need to get started as a technical writer varies. While not always necessary, most technical writers have a bachelor’s degree.
Want to earn cash back on your everyday purchases without using a credit card? With the Discover®️ Cashback Debit Checking account (member FDIC), you can earn 1% cash back on up to $3,000 in debit card purchases each month!2 With no credit check to apply and no monthly fees to worry about, you can earn nearly passive income on purchases you’re making anyway — up to an extra $360 a year! This rare checking account has other great perks too, like access to your paycheck up to 2 days early with Early Pay, no minimum deposit or monthly balance requirements, over 60K fee-free ATMs, and the ability to add cash to your account at Walmart stores nationwide. Don’t leave money on the table — it only takes minutes to apply and it won’t impact your credit score.Earn cash back on everyday purchases with this rare account
Private investigator
Median annual salary: $49,540
Working as a private investigator can allow you to be your own boss, particularly because a lot of what this job entails is research on a computer.
Hours can vary, though, depending on a client’s request. For instance, if you’re running surveillance, your hours will likely be dependent on who or what you’re following.
Some private investigators perform background checks and investigate employees within a company. Others might work for individuals looking for the truth in personal matters.
Whatever you do, you’ll need to ensure you work within the legal scope of your job since you are a private citizen and aren’t a police officer.
Graphic designer
Median annual salary: $58,910
There are a lot of opportunities to be your own boss as a creative individual, especially as the freelance market continues to grow. Beyond setting your own hours, you also have the flexibility to choose your own projects as a freelance graphic designer.
Whether you’re interested in logos or offering a complete design suite to include both digital and print elements, you’ll likely be able to find work that suits your needs.
To gain an edge over your competition, it’s important to have an online portfolio that highlights your work. It also might be beneficial to look on platforms like Upwork or Toptal to find initial projects.
Chiropractor
Median annual salary: $76,530
This is another job where you’ll need a bit more education to get started. Along with a Doctor of Chiropractic (D.C.) degree, you’ll also need a license in the state where you plan to practice.
To be your own boss, you’ll likely want to set up your own practice where you can help patients manage problems of the neuromusculoskeletal system.
Lawyer
Median annual salary: $145,760
Hours can be stressful for lawyers, which is why some choose to go off on their own to have more control over their work.
If you choose to start your own practice, you’ll likely specialize in a certain type of law. Regardless of the area of law you practice, you will meet with clients, perform legal research, and interpret laws.
To practice law, you will need four years of undergraduate study, three years of law school, and to pass the bar exam in the state where you want to practice.
Veterinarian
Median annual salary: $119,100
For animal lovers, becoming a veterinarian is another option if you want to be your own boss. As a veterinary, you will treat animals similarly to how physicians treat human patients.
From checkups to more critical exams, verternarians ensure your pets are happy and healthy.
Before attending a college of veterinary medicine, you should consider a bachelor’s degree in biology or a related major. While veterinary school is competitive, applying could be worth it given the high salary and ability to work for yourself.
Market research analyst
Median annual salary: $74,680
Similar to a consultant, a market research analyst helps companies answer questions to operate more effectively. For instance, one company might request your expertise to help them determine which products or services are best suited for specific target markets.
Overall, the goal of an analyst is to collect and interpret consumer data to help companies outline effective business strategies.
Bottom line
Starting your own business has a lot of perks. In many cases, you can choose who you work with and when you work. You also have the opportunity to make a lot more, which can help you make some smart money moves.
Keep in mind, though, that working for yourself can cause a lot of initial stress. Starting off on your own is best suited for highly motivated and disciplined individuals.
Before becoming your own boss, consider collecting tips from others who have been in your shoes.
Subscribe Today
Want extra-cash moves to come right to you?
Stop browsing endlessly. Get proven ways to earn pocket money, help cover rent, and crush your debt — sent to your inbox daily.