Freelancing can be a great way to make money and work on your terms. However, it also comes with its fair share of challenges. If you’re considering becoming a freelancer, there are some things you should consider beforehand:
- Are you up for the challenge?
The best freelancers are those who like the challenge and instability of not knowing where their next paycheck will come from or how many hours they’ll work. That’s what makes it worth it in the end!
- Do you have any special skills?
If so, you’ll have an easier time finding clients if your skills are in demand.
- How much work can you handle?
Freelancing is all about self-motivation and self-management. Therefore, you will need to be motivated to find work and manage your time well as a freelancer.
- Is this just a temporary stop?
If so, that’s fine. However, keep in mind that it’s much easier to land a full-time job than it is to find another freelance gig if you’re freelancing temporarily.
- Are you willing to educate yourself?
Freelancing requires you to educate yourself to keep up with trends, software, etc., that are specific to freelancing.
Once you’ve considered these questions, if you’re still determined to become a freelancer, keep in mind the following tips when you’re starting:
- Validate your skills.
Before you can find clients, you must first show them why they should hire you based on your qualifications and expertise! Do this by putting together an online portfolio or resume so potential clients can see what kinds of skills and experience you have.
- Find clients quickly.
The faster you find clients, the better. That way, you can start getting paid sooner and receive your money faster! And, once you’ve found some customers, be sure to stick with them because they’re much more likely to hire you again in the future than someone new.
- Create an online portfolio or resume that emphasizes your skills and expertise over your experience level.
Doing this will help potential clients see exactly how qualified you are for their project.
- Be willing to learn.
As a freelancer, you’ll be expected to keep up to date on the latest trends in your industry. Showing clients that you’re willing to do this will ensure that your work is always fresh and marketable.
- Be Passionate.
As long as you are passionate about what you do, you can make money doing it! Be resourceful and creative when making money as a freelancer, no matter what your skills are! You never know where your next paycheck could come from. - Be optimistic.
As a freelancer, there is no such thing as a day off! You must be willing to work hard and get creative when working on potential clients’ projects. Use your self-motivation and self-management skills to manage your time well and work efficiently.
These tips will ensure that you’re on the right track in becoming a successful freelancer and an entrepreneur.
Why Freelance?
As a freelancer, you’ll receive a paycheck every two weeks and work on your terms. You’ll have the freedom to set your schedule and manage your time as you see fit. Best of all, you’ll be able to choose what you want to do, which projects you want to work on, and how much money you want to make. Plus, you’ll be your boss.
But, what about taxes?
Yes, freelancer taxes are just as complicated as the first years of being employed. But don’t let that discourage you. If you have a W-9 on hand, you can typically use it on any tax return for freelance work. If you don’t have a W-9 but are still required to file a tax return, or if your accountant doesn’t let you use one,…you can find a free W-8BEN form on the IRS website if you. Of course, the situation differs if you’re a US citizen. Better consult a professional regarding that.
As a freelancer, you need to know that if you’re going to work as a freelancer, many things go with it. It’s not all fun and games! It takes a lot of dedication and hard work to be successful as a freelancer. But, if you can dedicate yourself and put in the necessary hours, you’ll receive many benefits from it – including the freedom to make your schedule and doing what you love!
Good luck.
