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While a freelance career may conjure up images of working on your laptop from faraway sandy beaches, the reality may be quite different.
Before deciding to quit your job, consider how much experience you have and how much money you’ve saved. Are you self-disciplined? Are you comfortable living without a steady paycheck? You don’t get paid for looking for freelance opportunities. On the other hand, being your own boss, having flexibility and freedom, and doing work you enjoy are enticing benefits to many.
While a freelance career may be just right for you, it’s important to review these considerations from Forbes Coaches Council members before taking the leap.
1. Do Plenty of Freelancing Before You Leap
If possible, gain as much freelance experience as you can before you leave your job. Completing, say, five projects as a freelancer will give you some valuable experience about what it’s going to take to do this full time. You’ll learn what it takes to gain new business, what’s needed to deliver results, and how to get control of all the tasks associated with running your own business. –Lea Woodward, Virtual COO
2. Find a Family
The challenge with freelancing is that you only get to do the thing you love about 50 percent of the time; you also have to find the clients, move people through your sales funnel, negotiate the contracts, manage the billing, and on and on. Before you decide to go off on your own, see if there is a family you can join where the business handles the business and supports you in focusing on what you love. –Corey Blake, Round Table Companies
3. Don’t Short-Change Yourself
Tons of freelancers go through a slow evolution when they’re just getting started. They begin as “starving artists” and working endlessly to “just get by” until they realize this isn’t the lifestyle they imagined when they began. Don’t short-change yourself: Set a higher price point than you think you deserve. Trust yourself to make your work far and away exceed that value. – Dave Ursillo, The Literati Writers