If you’re thinking about becoming a full time freelancer, you’re not the only one. Many people want to jump to full time status but aren’t even close to prepared. However it can be an exciting endeavor. Who wouldn’t want to have complete control over their income and time?
When thinking about making the jump over to becoming a full time freelancer, there are some simple questions to ask yourself. View the full article here for more in depth explanations of these questions – https://buff.ly/2mTOyaJ For now, here’s the rundown.
1. Can you handle the loneliness that comes with working from home?
One of the best (and worst) parts about being a freelancer is the loneliness – especially in the beginning phase. On one hand, if you’re an introvert, working for yourself can be the best part. On the other, if you’re someone who loves to be social, it’ll be tough.
2. Can you manage creating your own schedule and sticking to it?
Creating your own schedule can also be a tough hurdle to get over. If you have a passion about the work you want to pursue, it can be easy to put in 10+ hour days. Moderation is key and building a solid schedule is the first step in doing so.
3. Can you plan for months in advance in an organized way?
Organization is also a big part of working for yourself. With no one telling you what to do or how to do it you can easily stray from your original path. When you are working with clients you’ll also have to be able to have the foresight to plan ahead, otherwise things can get out of hand quickly.
4. Are you comfortable being your own boss?
Are you actually going to be comfortable being your own boss? Not many people can handle the stress and long nights that come with being a freelancer. This is definitely something to consider when contemplating becoming a full time freelancer.
5. Do you have the money saved up in your rainy day fund?
It goes without saying, but working for yourself makes your income unstable. Losing one client could result in a large part of your income evaporating. The last thing you want to do is get into the “feast and famine” cycle. It can be compared to hunting your own food, until you master the art, you’ll have some hungry nights.
These questions give a good gage of whether or not you are prepared to become a full time freelancer. Having a good idea of where you fall on the spectrum of preparation can give you insight into what you need to do to get to the full time level.
Want more Freedom in Freelance?
Join our beta today and put your tax obligations on autopilot. Try it FREE for 6 months!