Should I Go Self-Employed?
Income volatility + savings + insurance + family composite
Financial runway
Pre-launch validation
Risk + obligations
📚 Learn more — how it works, FAQ & guide Click to expand
Learn more — how it works, FAQ & guide
Click to expand
Should I Go Self-Employed? Readiness Composite
Income volatility + savings + insurance gap + dry-run revenue + family obligations. The leap is doable when prepared, brutal when wishful.
How to use this tool
- 1
Pre-launch reality
Savings + dry-run revenue + market.
- 2
Insurance + tax
Hidden self-employment costs.
- 3
See readiness
Composite score with phased plan.
Frequently Asked Questions
What's "dry-run revenue"?
Side-hustle income you generate WHILE still employed. Best predictor of self-employment success: 30% of target income proven before quitting. Without it, you're betting on hope.
Health insurance gap?
US: COBRA $700-1500/mo per person. Marketplace varies. DE: gesetzliche freiwillig ~ €400/mo + privat possible. UK: NHS keeps. Plan: 3-6 months coverage from quit-day.
When NOT to go self-employed?
High medical needs (insurance gap risk), variable income intolerance, savings < 9 months, partner already gig/self-employed (revenue concentration), no validated demand.
You might also like
🔒
100% Privacy. This tool runs entirely in your browser. Your data is never uploaded to any server.