Updated: September 25, 2021
Earning extra income is something we all want. And for many, doing freelance work is the way to go.
But if you’ve ever experienced self-employment or tried freelancing before, then I’m sure you know that it’s not exactly an easy walk in the park.
Do you know the catchphrases “working at your own time” and “being your own boss”?
They may be aspirational quotes for employees, but for freelancers, they often translate to “working all the time” and “my client is acting like my boss” – funny, but it’s true.
Not that I’m discouraging you from becoming a freelancer, I’m really not.
Instead, think of this as a bit of friendly advice and a reminder that… before you get yourself involved in something, always be sure that you have the proper skills and the right mindset to be a success.
So before you jump into self-employment and become a full-time freelancer, check yourself first against these seven items.
1. Your work is your passion.
The only way to avoid “working all the time” is to do a freelance job that you love so it doesn’t feel like work.
2. You can think “out of the box”.
In freelancing, you’re often a one-man band and if things go wrong, more often than not, you only have yourself and your own creativity to depend on for a solution.
3. You have initiative.
I’d say you should have discipline, but that’s a little vague. Instead, I’d say that you should be a self-starter – one that is capable of preparing and executing a plan that you prepared yourself.
4. You can sell yourself.
It doesn’t matter if you’re selling a product or offering a service, your customers often buy based on how much they believe that you can deliver what they need.
5. Risks don’t scare you.
Freelancers don’t have the “security” of a regular paycheck and there will be times when clients are nowhere to be found. If these facts make your knees weak, then you’re probably not yet ready to become self-employed.
6. You have an “easy” source of income.
Remember Jayvee’s Eight Steps to Freelance Awesomeness? This is a take on step number 2. Freelancers often have a “back-up skill” they could easily get a job for.
7. You know how to save money.
Everyone needs to save money, but for freelancers, this is a necessity – because it is the only way you can manage financial obstacles that an irregular cash flow brings.