Whether you’ve always dreamed of having the freedom of going freelance or are between jobs, now could be the perfect time. If you’re thinking about going freelance, you need to be informed about the decision that you’re making. Like with any career choice, it’s crucial to think carefully about making the change and the implications that come with it. After all, leaving the security of employment behind is something that shouldn’t be taken lightly.
Of course, going freelance could just be the best decision that you’ve ever made. However, before you make the decision to leave full-time employment, you need to be clear on what is involved when it comes to freelancing. The truth is that freelancing, although a perfect career choice for some, doesn’t work for others. Just like some people are cut out to be entrepreneurs, others aren’t. Freelancing and starting a business are one and the same – you are supporting yourself through providing a service.
The good news is if you’re set on the idea of becoming a freelancer, is that there’s more work available than ever. Because over the past five years, there has been a major shift in how companies are run, with more and more businesses opting to outsource. This means that never before has there been such a need for freelancers, making your chances of success higher than ever.
Your chances of success might be high, but even so, it’s still important to think carefully about going freelance. As that way, you can ensure that it’s a leap of faith that’s worth taking.
Think it through
The first thing that you need to ask yourself is if freelancing is doable for you. What this means is considering things like cash flow and how you would survive each month without a guaranteed income. The chances are that in time you will end up earning more through freelancing than your career paid. However, there are no guarantees for when you will get to this point, and it’s important to understand that. If you’ve got savings that you can fall back on when needed, then this isn’t so much of a worry. However, if you don’t have any savings, it’s important to think about whether going freelance would work for you. Obviously, if there’s a market for the services that you plan on offering and you know how to market yourself, you should be just fine. However, not getting enough work is something that you should consider the possibility of.
Do you have the skills and mindset
The next thing to consider is whether you have the skills and mindset to work successfully as a freelancer. In order to work successfully, you need to have adequate skills and training, as well as a good amount of experience. It’s not just a case of deciding to become a freelancer, and that’s that. You need to determine that you can work effectively alone. For instance, if you’ve always worked as part of a company, you may have only had to deal with one area of what you do. However, if you choose to go it alone, you’ll have to deal with everything yourself. Sit down and work out what you would need to deal with yourself, and determine if you have the skills to do so. As well as thinking about whether you have the relevant skills to succeed, it’s also worth considering if you have the right mindset. The thing is, being a freelancer isn’t always easy. Finding and keeping clients can be hard work. You will get many knock-backs. What you need to ask yourself is whether you have the mindset to overcome them and stay positive no matter what. Because if you don’t, you have a low chance of being successful. However, if you’ve got the mindset to stay positive and make the best of any situation, you’ll be just fine working as a freelancer.
Get the support that you need
You may not realise it, but just because you’re opting to go freelance that doesn’t mean there’s not support out there. The truth is that there is plenty of help and support for freelancers, it’s just a case of knowing where to find it. It can be a lonely old world working as a freelancer, so it’s important to take the time to find the support that you need. This could be via Facebook support groups and other online communities. There are many that have been set up especially for freelancers. Or, it could be by joining a trade union. The upside to joining a trade union is that when it comes to contracts and other admin, there is help on hand, should you need it. Another option could be to become part of an offshore umbrella company. This is something that you can learn more about online on sites like umbrellacompany.uk.com/offshore/. The idea behind this concept is to provide freelancers with a support system. The umbrella company acts as an employer – dealing with tax, clients, and all those sorts of things. While still allowing you to work remotely and to your own hours. Last but not least, another option for making life as a freelancer easier is outsourcing. Any tasks that you’re not confident dealing with yourself, such as your accounts, outsource. This will make life working as a freelancer easier and less stressful.
You will need a dedicated space to work
If you’re going to work as a freelancer, this will most probably mean completing the majority of your work from your home. With this in mind, it’s important that you have a dedicated place to work within your home. It’s easy to think that you’ll be able to work on the sofa or from the kitchen table, but the truth is that’s easier said than done. Unless you want to get distracted from your work, it’s important to have a dedicated area for working in. This is because if you have an area that you associate with work, you will be more likely to work productively. You’ll also be less likely to get distracted from what you should be doing. If you have a spare room in your home, perhaps you could transform that into an office space? Or, if you’re not lucky enough to have a spare room, maybe you could dedicate a corner of another room to working in. Or, better still, perhaps you could turn an outhouse or shed into a garden office? It doesn’t matter where your dedicated working area is, just as long as you have one. To help you create the perfect office, sites like https://www.decorist.com/blog can be useful.
Understand the importance of having set work hours
A fatal mistake that many new freelancers make is not having set hours for working. The problem with this is that if you don’t set yourself hours that you will work each day, it’s far too easy to get into a habit of not completing tasks on time. While you can choose to work whatever hours you want to, it’s best to work normal office hours. As that way, communicating with clients is much easier to do. Aim to start work each day at the same time and then finish up at the same time. Don’t forget to schedule in breaks throughout the day. Ideally, you want to have a break in the morning of 20 minutes, a lunch break of an hour, and a 15-minute break in the afternoon. Breaks are good because they give your mind time to rest, making you more productive. As you’re stuck in the house for most of the day, use your breaks to get out and about. Go for a brisk walk at lunch time or meet a friend for a quick coffee. Make time to have a break and get out of the house every day, and you will be more productive because of it.
Becoming a freelancer could just be the best career move you ever make. It’s something that could give you the freedom to work whenever and however you want to. It could allow you to work in areas that your old job didn’t offer. Freelancing could eventually let you up your income while working fewer hours. It’s a career move that has the potential to change your life in many ways for the better. No more commuting. No more boss to answer to. You get to make the rules and choose how you work. Freelancing comes with many benefits.
However, it’s important to understand that choosing to freelance does come with an element of risk. This is especially true when you first start out. So it’s important to bear this in mind, to ensure that you’re aware of the risks that come with freelancing. That being said, overall the benefits tend to outweigh the negatives when it comes to choosing to go freelance. The key to success is going about it in the right way and being smart about how you work. As well as looking into the help that’s available, so that you know what there is on offer.