So you want to try out the freelance lifestyle? I have to warn you, it’s not for everyone, but most people who get a taste of it, love it and never go back to working 9-5. And, with more and more people opting to freelance and companies becoming more open to the idea of working with freelancers, we are seeing a shift in how work gets done.
Whether you are just getting your feet wet out of curiosity or are resorting to freelancing to make some extra cash or because you are in between jobs, here are three tips about the reality new freelancers can expect:
Start Part Time
Freelancing can be scary. There is no guarantee, and you get out of it what you are willing to put in. While it’s tempting to jump in head first, a better approach is to start freelancing part time on the side while keeping your current job. Therefore, you will have safety net just in case things don’t work out. You’ll also still have a regular income while you are figuring out freelancing and trying to etch out your niche.
Treat Freelancing Like a Business (Because It Is)
Just because you are a great graphic designer doesn’t mean you are a good business person. Many new freelancers overlook the importance of treating freelancing like a business. Freelancing is both a skill and a business, and you need both to be successful. One of the biggest ways people not experienced in business fail is by failing to ensure payments are delivered on time. Make sure you have a mobile invoice system like Invoice2Go that allows customers to pay with both credit and debit cards.
It’s a Battle of Attrition
Most freelancers fail because they give up too soon. Building a strong client base and having success in your industry takes time. It takes time to build the necessary connections, develop a portfolio of work, and hone in on your area of specialization. If you can battle through the lean times at the beginning, you’ll be able to reap the rewards once you get your footing.
Are you up for the challenge?