There is nothing that can be quite gratifying as quitting the tedious grind of the nine-to-five and taking your career and life into your own hands as a freelancer. Freelancing offers you with the help that you need if you feel that your creativity has been maimed or that you are intellectually imprisoned by a boring day at work and wish you had something else to do on your own terms or if you are a stay at home mom looking to make extra money in your free time. But keeping a balance can be a nightmare when you have little kids to look after and a whole load parental duties and obligations. Probably, you have friends who freelance and they encourage you to do it but there are some things that they will probably not tell you.
Don’t Quit Your Day Job Yet
You must note that as a freelancer, you will depend much on cultivating and expanding a portfolio of different customers who will offer you with jobs, and it may take time to build these relationships. It is a great idea to quit your job to start freelancing, but this could potentially increase your risks if it is your only source of income. The safer option is to establish your online presence, do the job you can when you have free time whenever you are at your most creatively prolific and eventually build your work portfolio along with your client base.
Confidence is the Most Important Skill
A belief in your abilities is the most marketable quality. Your confidence is what makes your clients entrust their money and resources to you and ensure that they feel that they are settling for the best deal. It can be quite difficult for nascent freelancers for they fear being exposed as talentless frauds at any time. It is important that you believe in your skills, abilities, and knowledge and as you grow, you will become more and more desirable.
Avoid Taxes Becoming a Nightmare
Note that it saves you a lot of cash that it costs to hire a tax lawyer and accountant and can ensure that you are not overspending on tax. It is also essential to ensure that you keep updating your income and business expenditure on a weekly or monthly basis to avoid getting caught up in a tax nightmare come April.
You Must be Disciplined
It can be quite challenging to maintain a balance between managing freelancing commitments and parental responsibilities. You need to work along set hours and either setting up a home office or working away from home. You cannot afford to be changing diapers while in the middle of a conference call or take up some time to fold laundry with a deadline that is staring at your face.
Getting Paid can be a Task
After your work is done and invoices sent, it can take some time before you receive the payments. You need to possess the skill of asking for your payments without bothering the clients.