Many people think that freelance is just a fancy term for unemployment. Of course, Like all career change, going freelance does involve risk, but the range of rewards can be huge. Lets see the rewards and what awaits you once you’ve made that career change.
1.) Freedom – As a freelancer, you can choose the clients you want to work with and the types of projects on which you work, particularly if you have an excess of work. If you find you have too much to do you can drop high maintenance or slow-paying clients or turn down less interesting projects at will. Not only do you have the freedom to choose who you work with, you are also physically more free: no more being chained to a desk in an office on the 5th floor – you can work wherever you like, be that in your bed, in a coffee shop or in the park.
2.) Autonomy – Freelancers are highly autonomous. When you own the business, you generally don’t have to answer to anybody (other than your clients) and you are free to operate on your own terms, at your own hours and at the rates you establish. This could mean finishing early to watch a football match, taking a Friday off for a weekend away with friends or spontaneously extending that Christmas break.
3.) Work-life balance – Because you can work from home or from a cafe, or from wherever really, as a freelancer you often have a better work-life balance. You can spend more time with your children, friends or the dog and steal moments to relax and do the things you love. No more traffic jams on the way to work, no more queuing up in the mornings for a train ticket.
4.) Higher salary, less expenses – If you want to charge more, you can do it. If you feel you’re not making enough per hour, change your hourly rate, or charge per project. No more asking your boss for a raise. With no travel costs, smart work clothes or daily bought lunches, as a freelancer you save a lot of money too.
5.) You learn every aspect of running a business – Being a freelancer will help you learn how to manage money and also keep up with your financial paperwork. You will be the salesperson, administrator, bookkeeper and project manager on top of the work you’re actually being paid to do. Learning these skills may be hard work, but they will be a great addition to your portfolio.
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