5 Things to Consider Before Becoming a Freelancer

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Posted 15-Apr -2020

The so-called “perfect moment” to do something you love never arrives and you end up waiting forever. Becoming a freelancer is something that crosses the mind of every working professional or upcoming gen Z personnel.

Walking on the path of becoming self-employed while leaving a conventional nine-to-five job behind can be the most liberating feeling in the world. As long as your decision is based on careful analysis and not on an amateurish impulse, nothing can go wrong. But if not, nobody likes to go back to the same job they quit so happily.

Listed below are the five things to know before freelancing or putting their papers down in their current organization and take a decision of becoming a freelancer:

 

Do it for the Right Reasons

The decision to become a freelancer should come from the right set of reasons and it doesn’t include you hating your current job or unable to deal with your reporting manager.

Make sure to feel motivated or passionate enough to walk on this new journey where you’ll be your own boss and responsible for all your decisions, professionally and personally. To be able to spend more time with family or travel more can be some good reasons to become a freelancer.

 

Find Platforms that provide Freelance Work

The most significant and crucial thing to consider before entering into freelance space is to be aware of the platforms or resources where you can find quality projects and assignments. One such platform is Noble House that offers a plethora of skill-based assignments with assured on-time payment and flexibility.

Network with people who can help you with steady workflow and income – ask old friends and colleagues to help you connect with prospective clients and thrive on your freelancing career.

Also Read: How to Succeed as a Freelancer in the Gig Economy

 

Know How to Manage your Finances

For the first few weeks, you’re all on your savings. It’s important to understand that working as a freelancer comes with its own set of repercussions – irregular workflow, flexible flow of income, and lack of well-defined projects.

Moreover, freelancers also have to chase clients for payments and resources required for project completion. Before considering freelancing as a career move, you must learn to manage your daily expenses and cash flow in the lack of a fixed income source every month.

Learn How to Avoid Working for Free

“If I wanted to work for free, I’d choose to be a volunteer, not a freelancer. Learn the difference!”

Many clients try to exploit the people who are new to freelancing and show enthusiasm to work on a new project. By offering exposure and a chance to work on a high-profile project, some businesses leverage freelancers and then make them work for free.

Freelancing is a paid gig. Always ask for an official email with payment and other important details before taking up on a project.

Also Read: Freelance Tips – How to stand out as a Freelancer

Make Sure to be Digitally Active

If you’re not digitally advanced, freelancing is not the right career move for you. Since you’re the sole owner and caretaker of your work profile, it’s mandated to be always active on all the leading social platforms.

Depending on the industry you belong to, market yourself over the right channels and grow your business smartly.

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