The new economy has led more and more people to work independently instead of filling full-time office jobs. Many feel that avoiding the hassle of transportation, dealing with obnoxious co-workers, and having flexible hours are worth the risk. According MBO Partners, “Freelance work has been conventional through all generations, geographies and sectors. It is increasingly seen as a path – and sometimes a requirement – for professional growth ”.
Freelancing and being your own boss is liberating and a great option for moms, who can work from home and care for young children, but it also has some downsides. So, if you are among the 17 million Americans who call themselves freelancers and looking for new ways to improve your income without (gasp) having to return to the corporate world, here are 13 ways to master the art of freelance work.
1. Support
Take advantage of freelance work resources and find other freelancers in your area for collaborative, domestic and moral support matters. The Freelancers Union has a ton of information, and offers insurance and retirement plans.
2. Sell yourself as a freelance
Consider yourself a small business. To be successful in freelancing, you must become your own brand. This includes business cards and a website, if appropriate, as well as joining relevant industry organizations and keeping your Linkedin profile up to date.
3. Time management for work
Being independent gives you flexibility, but can sometimes be more difficult to handle than having set hours. Set a work schedule and manage your time or the day will slip by without you noticing and you will never finish your work.
4. Don’t overload yourself with work
It’s tempting to say yes to all freelance job opportunities, but you can freak out and damage your reputation if you bite off more than you can chew.
5. Social Media
Promote yourself on social media. Use the platforms that you like the most and suit your business: Facebook, Twitter, Instagram, Pinterest, etc.
6. Get it in writing
Sign contracts to be provided with resources in case of non-payment and other legal matters and to be able to show the parameters of your work in all parts. The Union of Freelancers has a practical Contrat Creator to create the correct contract for each job.
7. Financial buffer
Save for when you may be missing. Freelance work is unpredictable, so maintaining a financial cushion to cover dry spells is essential. And there will be periods of drought.
8. Get listed as a freelance
Get advice about what your work is worth. Do not charge too little or overcharge and stay out of the market.
9. Networks, networks, networks
Networking and word of mouth are the best way to get your name on the billboard and find new customers. Attend industry events in your area and always carry a business card and a subtle sales pitch no matter where you go.
10. Daily life
Work from home and set your own hours it’s convenient, but the line between work and home can blur. To avoid extending your workday to 24/7, create a daily routine and stick to it.
11. Accounting
Keep a careful track of your finances and ask for receipts for budgets and also for tax purposes. Invest in accounting software, like Quickbooks. Or, if you are not a numbers person, an accountant.
12. Downtime
You decided to go freelance because it gives you flexibility. Use that flexibility to attend soccer games with your children or treat yourself to a pedicure session. There is life beyond work, you know it, you are a freelancer.
13. Plan and prioritize jobs
Strategy and priorities are key to a successful freelance job. Sometimes a low-paying but steady job beats a high-paying job just once. Think long term and think about jobs that can lead to future opportunities.
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